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Whole Foods is ending its cheaper 365 format — here's why it was my favorite grocery store (AMZN)
News 5 months ago
Whole Foods is ending its cheaper 365 format — here's why it was my favorite grocery store (AMZN)

The entrance to the market in the new 365 store. Whole Foods will not open more of its lower-priced 365 stores, according to a leaked email...

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Sears avoids liquidation as Eddie Lampert wins bankruptcy auction (SHLD)
News 5 months ago
Sears avoids liquidation as Eddie Lampert wins bankruptcy auction (SHLD)

Sears' chairman, Eddie Lampert, has reportedly won a bankruptcy auction to keep the 126-year-old retailer from liquidating. Lampert's bid will keep...

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In order to stave off extinction, Sears will decimate its stores until only about 400 remain (SHLD)
News 5 months ago
In order to stave off extinction, Sears will decimate its stores until only about 400 remain (SHLD)

Sears will likely live to fight another day, but its survival plan would still include decimating its store count and workforce. When the company...

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A googly-eyed robot is coming to 172 grocery stores across America
News 5 months ago
A googly-eyed robot is coming to 172 grocery stores across America

Giant Food Stores announced on Monday it will be introducing a robot called Marty to its 172 stores in the United States. Marty is a googly-eyed...

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The NRF's Big Show focused on how stores can renew their relevance (TGT)
News 5 months ago
The NRF's Big Show focused on how stores can renew their relevance (TGT)

This story was delivered to Business Insider Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the...

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The UK online grocer that's helping Kroger battle Amazon blew up the biggest misconception about delivering groceries to Americans
News 5 months ago
The UK online grocer that's helping Kroger battle Amazon blew up the biggest misconception about delivering groceries to Americans

Ocado is a United Kingdom-based online supermarket that's helping Kroger push back Amazon with robot-powered grocery warehouses. David Hardiman...

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Walmart exec reveals why it canceled its Amazon Go-like cashierless program in stores — and what the company is working on instead (WMT)
News 5 months ago
Walmart exec reveals why it canceled its Amazon Go-like cashierless program in stores — and what the company is working on instead (WMT)

In 2017 and 2018, Walmart pilot tested a program called "Scan & Go" in 125 stores. The program let customers use a smartphone or handheld device to...

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Gymboree is reportedly planning to close all 900 of its stores
News 5 months ago
Gymboree is reportedly planning to close all 900 of its stores

Gymboree is reportedly planning to file for bankruptcy protection and close all 900 of its stores. The company filed for bankruptcy as recently as...

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Build-A-Bear declares 'Pay Your Age Day' deal that plunged stores into chaos a massive success 'bigger than anyone could have possibly imagined' (BBW)
News 5 months ago
Build-A-Bear declares 'Pay Your Age Day' deal that plunged stores into chaos a massive success 'bigger than anyone could have possibly imagined' (BBW)

Build-A-Bear is celebrating its explosive "Pay Your Age Day" deal as a game-changing success. In July, stores were plunged into what some customers...

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Target thrived during the holidays (TGT)
News 5 months ago
Target thrived during the holidays (TGT)

This story was delivered to Business Insider Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the...

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Shoppers love Costco's Kirkland Signature brand, and it's turned into the retailer's biggest asset (COST)
News 5 months ago
Shoppers love Costco's Kirkland Signature brand, and it's turned into the retailer's biggest asset (COST)

Sales of Costco's Kirkland Signature private-label brand grew to $39 billion in 2018, up from $35 billion the previous year, the retailer reported...

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Whole Foods halts growth of its cheaper '365' stores as the CEO cites pricing problems (AMZN)
News 5 months ago
Whole Foods halts growth of its cheaper '365' stores as the CEO cites pricing problems (AMZN)

Amazon-owned Whole Foods is halting growth of its smaller, cheaper chain of stores called 365 by Whole Foods Market. In an internal email, Whole...

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Macy's is closing eight stores early this year — here's the full list (M)
News 5 months ago
Macy's is closing eight stores early this year — here's the full list (M)

Macy's is closing eight stores in early 2019 as part of planned closures announced over two years ago. In August 2016, Macy's said that it would...

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Amazon Go could see $4.5 billion in store sales by 2021 (AMZN)
News 5 months ago
Amazon Go could see $4.5 billion in store sales by 2021 (AMZN)

This story was delivered to Business Insider Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the...

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Dollar General is growing at a rate that is 'unthinkable' in retail, but there's a key reason why it probably won't fall into the same trap as its rivals
News 5 months ago
Dollar General is growing at a rate that is 'unthinkable' in retail, but there's a key reason why it probably won't fall into the same trap as its rivals

Dollar General is on a path to dominate America. It is on track to open 900 stores in fiscal 2018 and a further 975 in fiscal year 2019, which...

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Jeff Bezos and his family own at least 6 massive properties across the US. Here's a look at the homes, from a sprawling Seattle estate to a set of historic NYC condos
News 5 months ago
Jeff Bezos and his family own at least 6 massive properties across the US. Here's a look at the homes, from a sprawling Seattle estate to a set of historic NYC condos

Jeff Bezos and his wife MacKenzie are filing for divorce. Bezos owns a sprawling Seattle estate, a Texas ranch, four NYC condos, and more. Jeff...

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Macy's and JCPenney are kicking off 2019 with a string of store closings (M, JCP)
News 5 months ago
Macy's and JCPenney are kicking off 2019 with a string of store closings (M, JCP)

JCPenney and Macy's kicked off the year with store closings. The two department-store chains are looking to trim down on expensive real estate to...

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Sears is set to close hundreds of stores as a potential liquidation looms — but prices might increase instead of plummet (SHLD)
News 5 months ago
Sears is set to close hundreds of stores as a potential liquidation looms — but prices might increase instead of plummet (SHLD)

Sears is closing hundreds of stores — and will close hundreds more Sears and Kmart stores if the company liquidates. Store closures can often lead...

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Sears, once the largest retailer in the world, could face liquidation. These photos reveal how its sprawling former headquarters were left to crumble. (SHLD)
News 5 months ago
Sears, once the largest retailer in the world, could face liquidation. These photos reveal how its sprawling former headquarters were left to crumble. (SHLD)

Sears has been thrown a lifeline, but a possible liquidation still looms. Sears was once the largest retailer in the United States. In its heyday,...

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CVS Health just revealed a key piece of its plan to change how Americans get healthcare
News 5 months ago
CVS Health just revealed a key piece of its plan to change how Americans get healthcare

CVS Health and Aetna have officially combined to create an entirely new kind of healthcare company. In a presentation Tuesday at the JPMorgan...

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Kroger and Microsoft are partnering to design store tech like digital shelves and sensors (MSFT, KR)
News 5 months ago
Kroger and Microsoft are partnering to design store tech like digital shelves and sensors (MSFT, KR)

This story was delivered to Business Insider Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the...

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'The question is ... what's NOT on sale?': Gap's email to customers reveals it has no plans to scale back on one of its biggest problems (GPS)
News 5 months ago
'The question is ... what's NOT on sale?': Gap's email to customers reveals it has no plans to scale back on one of its biggest problems (GPS)

Discounts have become a mainstay at Gap, and it's increasingly becoming unusual to pay full price for anything there. In Gap Inc.'s most recent...

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Target is reportedly growing its same-day delivery options as the war for speedy shipping heats up (TGT)
News 5 months ago
Target is reportedly growing its same-day delivery options as the war for speedy shipping heats up (TGT)

Target will expand its same-day delivery service, Shipt, to all major categories this year. Currently, the retailer offers Shipt services for 55...

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Alphabet’s drone delivery company is testing a quieter delivery drone after its original model annoyed townspeople and their dogs (GOOG, GOOGL)
News 5 months ago
Alphabet’s drone delivery company is testing a quieter delivery drone after its original model annoyed townspeople and their dogs (GOOG, GOOGL)

In December, the Wall Street Journal reported that Wing — the drone delivery company that spun out from Google — was annoying residents in the...

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We compared Costco and Jet prices to see which company offers better deals. Here's the verdict. (COST, WMT)
News 5 months ago
We compared Costco and Jet prices to see which company offers better deals. Here's the verdict. (COST, WMT)

Costco and Walmart-owned Jet.com sell just about everything. Both stores sell in bulk, offer free two-day shipping with membership, and carry...

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Amazon wants to open more Whole Foods stores (AMZN, WFM)
News 5 months ago
Amazon wants to open more Whole Foods stores (AMZN, WFM)

This story was delivered to Business Insider Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the...

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LuLaRoe's founders have been linked to 31 LLCs set up during the last 3 years — and a lawsuit alleges they're attempting to shield assets like a Gulfstream jet, a ranch in Wyoming, and a world-record-breaking supercar named Ruthie
News 5 months ago
LuLaRoe's founders have been linked to 31 LLCs set up during the last 3 years — and a lawsuit alleges they're attempting to shield assets like a Gulfstream jet, a ranch in Wyoming, and a world-record-breaking supercar named Ruthie

A lawsuit alleges that the LuLaRoe founder and CEO Mark Stidham and several associates are hiding money and assets in a web of LLCs. Stidham and...

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Eddie Lampert has a back-up plan for Sears — and it could mean hundreds more store closures (SHLD)
News 5 months ago
Eddie Lampert has a back-up plan for Sears — and it could mean hundreds more store closures (SHLD)

Sears chairman Eddie Lampert has made two different proposals to save Sears from imminently liquidating. Under the first proposal, Lampert would...

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Some American Ikea employees are getting slapped with pay cuts — and they worry it'll spark a manager exodus
News 5 months ago
Some American Ikea employees are getting slapped with pay cuts — and they worry it'll spark a manager exodus

Ikea launched a controversial restructuring known as O4G — or organization for growth — in 2017. As a result, some store employees will see pay...

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Amazon jumps on report it's planning to expand Whole Foods across the US (AMZN)
News 5 months ago
Amazon jumps on report it's planning to expand Whole Foods across the US (AMZN)

Amazon rose early Monday after a report said it was planning to open more Whole Foods stores across the US to place more customers within range of...

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