Amazon Purchases Indian Hypermarket Chain More For $580 Million
Amazon and Indian private equity firm Samara Capital have acquired More, an Indian supermarket and hypermarket chain, for…
News September 19
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Macy’s, Retail Associations Protest As Tariffs On $200B In Chinese Goods Take Effect
In the latest escalation of U.S.-China trade tensions, China will institute new tariffs on $60 billion worth of…
News September 19Startup Lets Shoppers Try Before They Buy From Fashion Retailers
Brick-and-mortar apparel retailing has long held a trump card against e-Commerce: the ability to let shoppers try on…
News September 19
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 19BJ’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…
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