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Walgreens Divests Wholesale Business for $6.5 Billion to Focus on Retail Offerings
Walgreens Boots Alliance will sell its Alliance Healthcare wholesale business to AmerisourceBergen Corporation for approximately $6.5 billion. The transaction will let Walgreens focus on its core retail pharmacy businesses, expand…
News January 6
Uber Direct Partners to Provide Same-Day Delivery for More Retailers
Retailers seeking to boost their delivery and fulfillment capabilities can now use a crowdsourcing option. Uber is working with delivery and fulfillment cloud platform provider Bringg in a partnership encompassing…
News January 6
Emerald Acquires Outdoor and Sporting Goods-Focused B2B Purchasing Platform
Emerald Holding has completed its acquisition of PlumRiver LLC, an international provider of software-as-a-service (SaaS) technology through its Elastic Suite solution. The Elastic Suite platform streamlines the wholesale buying process…
News January 6
COVID-19 Legal Considerations for Retailers
With the rising number of positive COVID-19 cases throughout the United States, the “most wonderful time of the year” is becoming the “most dangerous time of the year” for retailers…
Executive Viewpoints January 6
Exclusive Q&A: How Amazon’s Marketplace Disconnects Sellers from Their Customers
Jon Elder gives credit where it’s due: selling on the Amazon Marketplace and using Fulfillment by Amazon (FBA) services offer brands enormous opportunities. (Of course, he may be prejudiced, having…
Features January 6
XRC Labs Launches Fellowship Program to Assist Entrepreneurs of Color
XRC Labs, an accelerator focused on the retail technology and consumer packaged goods sectors, has launched XRC Elevate, a fellowship program that aims to bring resources and tools to underrepresented…
News January 5
The Centurion Lounge by American Express at JFK
The Centurion Lounge by American Express opened its latest airport lounge in Terminal 4 at JFK International Airport in New York. The design collaboration by Big Red Rooster, a JLL…
News January 5
Macy’s Names New Chief Merchandising Officer
Macy’s has promoted Nata Dvir to Chief Merchandising Officer of the Macy’s brand, effective Feb. 1, 2021. In her new role, Dvir will be responsible for leading Macy’s Merchandising, with…
News January 5
Retail Sales Grew 3% Over Extended Holiday Purchase Period — And the Season Isn’t Over Yet
Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. In fact, the impacts…
Features January 5
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