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Amazon played hardball with Whole Foods in merger deal

July 10, 2017

The e-commerce giant raised its initial bid somewhat, but refused Whole Foods' request for $45 per share and asked the organic grocer to refrain from talking to other suitors.

Retail News

Muji to open second hotel

July 10, 2017

The minimalist retailer, like West Elm, is turning to the hospitality business to expand its horizons and showcase its goods.






Retail News

2nd Time Around shutters, leaves consignors hanging

July 10, 2017

While second-hand retail is flourishing, the company may have expanded its brick-and-mortar fleet too quickly.






Retail News

Finish Line bets on mobile to boost sales amid store strategy overhaul

July 10, 2017

The retailer's mobile loyalty app was a bright spot on its most recent quarterly performance, even as it continues to remodel some stores and close others.






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Shipments of self-checkout terminals hit record in 2016

July 10, 2017

Amid Amazon Go and the transition to line-less retail checkout process, self-checkout terminals continue to see greater demand.






Retail News

Amazon developer series aims to expand Alexa skills

July 10, 2017

A traveling series of learning events for developers is the latest step in Amazon's ongoing push to expand its Alexa ecosystem.






Retail News

Amazon Prime is on pace to become more popular than cable TV

July 9, 2017

Estimates show that nearly as many U.S. households subscribe to Prime as to pay TV, reports Recode.






Retail News

Traditional grocers should be ‘very worried’ about Amazon Prime Day deals

July 8, 2017

Through Prime Now, Prime members can shop special grocery deals with free, two-hour delivery, ahead of Prime Day.






Retail News

Sears CEO Eddie Lampert announces plans to close more Sears, Kmart stores

July 7, 2017

Sears announced plans Friday to shutter more unprofitable Sears and Kmart locations this year.






Retail News

JD Sports to open first gym-retail dual store

July 7, 2017

JD Sports has announced plans to open its first gym and retail dual property in Salford later this year. The £2 million fitness centre is set to open in September, following the launch of its new Salford retail store next month as it seeks to solidify its place in the fitness market. The retailer already lends its brand name to an expanding JD Gym estate, currently boasting nine stores throughout the UK with a further four in the works






Retail News