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Retail News

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18 August

How J.C. Penney is making stores earn their keep

  • Categories Retail News
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J.C. Penney Co. Inc. is serious about making its e-commerce work in concert with its stores. “Omnichannel is not a catchphrase at J.C. Penney,” said CEO Marvin Ellison last week during a …

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17 August

Home Depot Profit Rises 9.3% as Americans Keep Remodeling

  • Categories Retail News
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Home Depot Inc., the world’s largest home-improvement retailer, posted second-quarter profit that rose 9.3 percent and boosted its earnings forecast for the year as Americans continued spending on their houses. Net …

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16 August

Kroger has a new plan that should terrify Walmart and Target

  • Categories Retail News
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Kroger is going after Target and Walmart by expanding a new type of store featuring home goods, clothing, and kitchen appliances. The store, called Kroger Marketplace, features nearly everything you …

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12 August

CVS to accept mobile payments through flagship app

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Why as a retailer should you go your own way with a native, branded payment app, rather than trusting one or more of a dozen different payment apps from different …

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11 August

Macy’s will close 100 stores and its shares are jumping

  • Categories Retail News
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Macy’s announced that it will close approximately 100 stores. It’s part of the company’s attempt to improve business, following six consecutive quarters of declining sales. In the most recent quarter, …

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04 August

Wegmans targets North Carolina for expansion

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A successful foray into the Tar Heel State — already targeted by The Kroger Co., Publix Inc. and others — would serve as a jumping off point for Wegmans into …

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04 August

Wal-Mart buys Jet for record-breaking $3b

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In its short life, Jet found a way to disrupt modern retail’s great disruptor, Amazon, by offering lower prices based on a dynamic formula that takes into account factors like basket …

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03 August

Hot 100 Retailers 2016

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“The supermarket segment is a model of the dynamic changes in retail. It represents a fast-changing marketplace where legacy banners are reinventing, smaller footprint operators are gaining share and online …

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03 August

How companies with Colorado ties are competing with Amazon

  • Categories Retail News
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In a lab contained within his computer screen, eBags CEO Mike Edwards searches technology from more than 136,000 companies. Just a year into joining the Greenwood Village online retailer, he has tested a …

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02 August

Burberry acquires remaining stake in its Chinese retail operations

  • Categories Retail News
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Burberry is one of the retailers benefitting from Britain’s so-called Brexit vote to leave the European Union. The vote is pushing down the value of the pound, making Burberry’s goods more …

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