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Risky and Rewarding: When Cannabis Businesses Go into Retail Spaces
In some parts of the country, the demand for cannabis extraction, distribution and retail dispensaries has outpaced supply. This has created opportunity for real estate owners and operators everywhere, whose…
Executive Viewpoints January 13
Walgreens Seeks Strategic Alternatives for Boots, Expands VillageMD as Healthcare Pivot Continues
Walgreens will examine strategic alternatives for the UK-based Boots drugstore chain and expand its VillageMD operations, as the pharmacy retailer works toward “building our next growth engine,” CEO Roz Brewer…
News January 12
Big Lots Plans to Open 500 New Stores, Increase Annual Sales to $8-10 Billion
Home discount retailer Big Lots is returning to expansion mode after more than a decade of flat store growth, with plans to open as many as 500 new stores in…
News January 12
At 45, Ron Herman is Still a Retail Industry Trendsetter With a Heavy Community Focus
Over the past 45 years, Ron Herman has evolved from its origins as a specialty shop into an international brand with locations in both the U.S. and Japan. However, the…
Features January 12
4 Tips for Staying Ahead of Retail Competitors
As M+A activity continues, convenience retailers are experiencing increased pressure to maintain market share. That pressure is driving technological advancements and innovation in an industry that has been historically slow…
Executive Viewpoints January 12
JCPenney Hires 2 New Chiefs to ‘Fortify’ Ecommerce and Omnichannel Development
JCPenney has brought in two retail veterans to lead its technology and digital divisions. Former Gap and Walmart executive Sharmeelee Bala has been named Chief Information Officer (CIO), and Katie…
News January 11
C-Store Foxtrot Raises $100 Million in Funding Round, Plans 25 Additional Stores
Delivery-focused convenience store Foxtrot announced $100 million in Series C funding led by D1 Capital Partners, with continued participation from existing investors Monogram, Imaginary, Almanac, Wittington, Fifth Wall and Beliade.…
News January 11
1-800-FLOWERS Expands Experiential Offerings with Alice’s Table Acquisition
1-800-FLOWERS.com Inc. has acquired Alice’s Table, a lifestyle business that offers digital livestreamed floral and culinary experiences. Financial terms were not disclosed. Launched in 2015, the company began by hosting…
News January 11
Rihanna’s Savage x Fenty to Open 5 Standalone Stores
Pop star Rihanna’s size-inclusive lingerie brand Savage X Fenty will open its first brick-and-mortar retail location in Las Vegas later in January, and four additional stores will follow early this year…
News January 11
