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Walgreens Calls Off Rite Aid Acquisition, Offers New $5.2B Deal To Buy 2,000+ Stores
After 15 months of negotiations, Walgreens Boots Alliance has given up on the deal to buy drugstore rival Rite Aid. Instead, Walgreens’ counteroffer would have Rite Aid sell 2,186 stores…
News June 29A Failure To Stand Out Led To Staples’ $6.9 Billion Buyout
More than a year after its failed merger with chief rival Office Depot that led to the resignation of then-Chairman and CEO Ron Sargent, Staples has agreed to sell itself…
News June 29Nielsen Upgrades Analytics In Expanded Partnership With Fred’s
Consumer behavior and data company Nielsen has expanded its more than 15 year partnership with fred’s Pharmacy, becoming the exclusive account-level data provider for the company’s stores located across 15…
News June 29Localized Research Targets Sales Goals At 770 Barnes & Noble College Stores
Generating close to $2 billion in sales from 770 campus bookstores, Barnes & Noble College is the largest subsidiary of Barnes & Noble Education, a public company that is a…
News June 29Trax Closes $64 Million Investing Round To Drive Expansion
In-store retail execution platform provider Trax has completed a $64 million investment round led by an affiliate of private equity firm Warburg Pincus. With the capital infusion, Warburg Pincus becomes…
News June 28Are Consumers Willing To Shop In A Robotic Grocery Experience?
The Amazon acquisition of Whole Foods is top-of-mind in retail and on Wall Street. Every retail and business expert has weighed in on the business implications of the pending merger.…
Executive Viewpoints June 28Walmart Marketplace Integrates Cin7 On-Click Ordering
Cin7, a cloud-based inventory management solution, has integrated with Walmart Marketplace to enable users to simplify order processing and inventory synchronization between the two platforms. Users also can download orders…
News June 28Forever 21 Simplifies POS With One Solution In 16 Countries
Fast-fashion retailer Forever 21 is leveraging Toshiba Global Commerce Solutions POS offerings for its corporate stores in 16 countries. Toshiba will provide the retailer with wall-to-wall Client Services and equipment…
News June 28Avoiding The Delete Button: Creating Emails Consumers Want To Open
Email continues to be the little engine that could — while it’s a long-established channel, it continues to be an effective customer engagement tool for retailers. In fact, according to…
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