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Ace Hardware Subsidiary Names Spanswick President
Ace Wholesale Holdings, a subsidiary of Ace Hardware, has appointed Mark Spanswick as President and General Manager to lead the company to further growth.
News April 7
7-Eleven Pumps $3.3 Billion Into 1,100 Sunoco C-Store Acquisition
7-Eleven is tapping into consumers’ desire for quick, convenient shopping with the acquisition of 1,108 convenience stores from Sunoco for $3.3 billion. When the deal is final, 7-Eleven will operate…
News April 7First Impressions: How To Add Value In New Markets
By Mark Leonardo and Alex Carter-Silk, Brown Rudnick First impressions are everything, and nowhere does this statement ring more true than in the world of high-end retail. The following considerations…
Executive Viewpoints April 7
Retailers Go Small As ‘Immediate Needs’ Drive 61% Of Shopping Trips
As traditional retailers continue to struggle with drawing in foot traffic, the industry’s largest brands are thinking small. Walmart, Target, Dollar General, Whole Foods Market and even Amazon are building…
News April 7
Avangate Acquires 2Checkout To Expand Payment Flexibility
E-Commerce and subscription billing platform Avangate has acquired payment processor 2Checkout for an undisclosed sum. The combined company will use the 2Checkout name and will be led by Alex Hart,…
News April 6
Payless Catches Bankruptcy Bug: Is Retail Doomed?
It’s become a depressingly familiar headline in 2017: [RETAILER NAME HERE] Declares Bankruptcy, Closes [XX] Stores. The Payless Chapter 11 filing on April 4 makes it the 10th retailer to…
Features April 6
JAB Holdings Acquires Panera Bread For $7.5 Billion
Investment firm JAB Holdings is expanding its food empire with the acquisition of Panera Bread Co., which is expected to be finalized in Q3 2017. JAB will acquire Panera Bread…
News April 5If CPG Brands Jump Ship To Amazon, How Can Retailers Compete?
Amazon is taking yet another great leap (and causing great trepidation) within the retail industry, by inviting some of the world’s biggest CPG brands to its headquarters in May. The…
Executive Viewpoints April 5
Former Kmart President To Lead Pier 1 Imports
Pier 1 Imports has tapped former Kmart President Alasdair James as its new President and CEO, effective May 1, 2017. James announced he was stepping down from his role at…
News April 5
