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Kohl’s to close its discount stores
News 2 months ago
Kohl’s to close its discount stores

Kohl's Corp. is shutting down its discount pilot. The department store retailer will close its Off/Aisle by Kohl's locations on August 3, reported...

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Amazon donates $8 million to fight homelessness in two cities
News 2 months ago
Amazon donates $8 million to fight homelessness in two cities

Amazon has made a major donation to non-profits that provide housing for people who are homelessness. The tech giant announced an initial total $8...

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Walmart in solar 'garden' deal
News 2 months ago
Walmart in solar 'garden' deal

Walmart is growing a new type of garden as it continues to expand its commitment to renewable energy. The discount giant announced that it has...

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Bain & Co.: Threat of retail takeovers, failures very real
News 2 months ago
Bain & Co.: Threat of retail takeovers, failures very real

Retailers have a great deal of work left to do to secure their future. That's according to an analysis by Bain & Company, The Future of Retail:...

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Exclusive Q&A: Omnichannel Challeges and Opportunities
News 2 months ago
Exclusive Q&A: Omnichannel Challeges and Opportunities

For most brick-and-mortar retailers, omnichannel services are a key offensive weapon in leveraging the advantages of their physical stores over...

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Network infrastructure: The key to retail modernization
News 2 months ago
Network infrastructure: The key to retail modernization

To paraphrase Mark Twain, the death of traditional retail has been greatly exaggerated. A majority of goods transacted in the U. S. in 2018 were...

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Green Growth Brands teams up with Brookfield Properties for store expansion
News 2 months ago
Green Growth Brands teams up with Brookfield Properties for store expansion

Green Growth Brands continues to infiltrate the nation's shopping malls. The cannabis and CBD brand announced it will open more than 70 shops...

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Hudson’s Bay, parent of Saks and Lord & Taylor, may go private; exits Germany
News 2 months ago
Hudson’s Bay, parent of Saks and Lord & Taylor, may go private; exits Germany

Struggling department store giant Hudson's Bay Co. has received a proposal to go private. A group of HBC shareholders, led by chairman Richard A....

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Report: Global retail tech spending to top $203 billion this year
News 2 months ago
Report: Global retail tech spending to top $203 billion this year

Global retail technology spending will near $203.6 billion in 2019 as stores continue to play digital catch-up and AI, robotics and payment...

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Walmart rises to community engagement
News 2 months ago
Walmart rises to community engagement

Walmart is making a major financial commitment to local charitable initiatives. The discount giant is transforming its community engagement program...

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Stop & Shop starts offering popular omnichannel option
News 2 months ago
Stop & Shop starts offering popular omnichannel option

Stop & Shop is launching same-day curbside pickup for its online Peapod by Stop & Shop service. The new offering provides customers with pick-up of...

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Michaels crafts Q1 results that meet expectations; will open 20 net stores
News 2 months ago
Michaels crafts Q1 results that meet expectations; will open 20 net stores

The Michaels Companies Inc. met its own guidance and analyst projections with its first-quarter sales and EPS results, and has store expansion...

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Charlotte Russe – retail’s latest comeback kid
News 2 months ago
Charlotte Russe – retail’s latest comeback kid

Specialty apparel retailer Charlotte Russe is back before a lot of customers may have had the chance to say goodbye. YM Inc., new owner of...

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New Publix prototype opens at Virginia Center
News 2 months ago
New Publix prototype opens at Virginia Center

Publix chose Westpark Shopping Center in Glen Allen, Va., as the site for a new store prototype, but the existing Martin Foods structure for which...

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Study: Retailers see opportunity in online customer behavior
News 2 months ago
Study: Retailers see opportunity in online customer behavior

Most retailers expect their e-commerce revenue to increase, according to a new study from Boston Research Partners (BRP). According to "The E...

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Online grocery sales drives demand for cold storage space
News 2 months ago
Online grocery sales drives demand for cold storage space

Few sectors of commercial real estate are likely to undergo as much transformation in coming years as cold-storage warehouses, according to CBRE's...

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Survey: How can retailers attract and retain customers?
News 2 months ago
Survey: How can retailers attract and retain customers?

Retailers trying to bring in new shoppers and build their loyalty should focus on two key areas. According to "Retail Shopper's Journey to Loyalty"...

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Report: Microsoft confirms phase-out of mall kiosks
News 2 months ago
Report: Microsoft confirms phase-out of mall kiosks

Microsoft has reportedly acknowledged it has shuttered all of its "specialty stores." According to ZDNet, the technology titan has finished the job...

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Ulta Beauty shoppers behold new AR, AI features
News 2 months ago
Ulta Beauty shoppers behold new AR, AI features

Ulta Beauty offered a palette of leading-edge digital customer experience enhancements during the first quarter. During the specialty beauty...

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Staples launches in-store coworking format — complete with stocked kitchen
News 2 months ago
Staples launches in-store coworking format — complete with stocked kitchen

Staples is offering its own take on the coworking trend. The retailer unveiled a coworking concept, called Staples Studio, with the first locations...

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Tiffany beats Street on Q1 earnings, misses on sales; will open 8 stores
News 2 months ago
Tiffany beats Street on Q1 earnings, misses on sales; will open 8 stores

Tiffany & Co. partially met Wall Street expectations in a first quarter that might be described as "rocky." Tiffany reported worldwide net sales of...

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CVS to open 1,500 HealthHubs
News 2 months ago
CVS to open 1,500 HealthHubs

CVS Health is going full steam ahead with its new, health-focused store concept. CVS debuted the format, called HealthHub, in February, at three...

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Report: Walmart taps Bain Capital vet to run startup lab
News 2 months ago
Report: Walmart taps Bain Capital vet to run startup lab

Walmart has reportedly hired a new executive to lead its Store No. 8 technology incubator. In a short article that was retweeted by the official...

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'New Sears' acquires Sears Hometown
News 2 months ago
'New Sears' acquires Sears Hometown

Sears is reunited with its hardware and appliance retail business. Transform Holdco, also known as the post-bankruptcy "new Sears," acquired all of...

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Commentary: Future of Gap brand uncertain if it continues on current trajectory
News 2 months ago
Commentary: Future of Gap brand uncertain if it continues on current trajectory

Gap has started its fiscal year with a sobering set of numbers that show the business is still spluttering and stumbling as it aims to rebuild...

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Burlington Stores edges past estimates, will open 50 net new stores
News 2 months ago
Burlington Stores edges past estimates, will open 50 net new stores

Burlington Stores Inc. had a positive first quarter that saw it meet internal guidance and exceed analyst predictions. The off-price retailer...

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Dollar Tree expands pilot of higher prices
News 2 months ago
Dollar Tree expands pilot of higher prices

Dollar Tree is testing charging more than a dollar for some items as it reports upbeat first quarter financial results. This month, the dollar...

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Express posts loss in Q1, but tops Street, will close 11 stores
News 2 months ago
Express posts loss in Q1, but tops Street, will close 11 stores

Specialty apparel retailer Express reported a net loss and declining sales but remained ahead of projections from Wall Street analysts as it plans...

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CBRE promotes Melina Cordero
News 2 months ago
CBRE promotes Melina Cordero

CBRE's global head of retail research has been promoted to managing director of Capital Markets. Effective July 1, Melina Cordero will lead the...

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CSA Exclusive: Northgate Market lays foundation for digital transformation
News 2 months ago
CSA Exclusive: Northgate Market lays foundation for digital transformation

Operating 40 grocery stores in Southern California, Northgate Market sought to meet demand for a seamless shopping and ordering experience, on both...

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