Staples Acquires Essendant For $996M As Retailer Seeks Wholesale Revival
Staples has acquired Essendant, a national wholesale distributor of office supplies, for $996 million, including net debt. The…
News September 19
Latest In: News
BJ’s Offers Expanded Toy Selection For Holiday 2018
Walmart and Target aren’t the only major retailers looking to fill the Toys ‘R’ Us-sized gap ahead of…
News September 19
Postmates Raises $300 Million Funding Round, Eyes 2019 IPO
In the latest sign that investor confidence in on-demand delivery continues to skyrocket, Postmates has raised $300 million…
News September 18Kroger Draws Closer To Picking Automated Warehouse Sites
Kroger is making progress on choosing a site for the first of at least 20 automated warehouses it…
News September 18Nordstrom Will Launch New ‘Nordy Club’ Loyalty Program This Fall
Nordstrom has unveiled a revamped tiered loyalty program, The Nordy Club, launching this fall. The program incorporates the traditional…
News September 17L Brands Will Shutter Historic Henri Bendel Stores And Site
Calling it a move to increase shareholder value, L Brands Chairman and CEO Leslie Wexner will close all…
News September 17Amazon Creates 1 Million-Plus Product Site Dedicated To SMB Retailers
Amazon has launched an online platform for small and medium-sized businesses (SMBs) called Amazon Storefronts. The site will…
News September 17
Walmart Acquires Cornershop, Enhancing Online Grocery Presence In Mexico And Chile
Walmart has entered into a definitive agreement to acquire Cornershop, an online marketplace for supermarkets, pharmacies and specialty…
News September 17Hurricane Florence Will Cost Retailers $700 Million, But Home Improvement Stores Could Benefit
Retailers are bracing themselves for the impact of Hurricane Florence, which could cost them up to $700 million…
News September 17Top Stories
