News

Reuters: Sycamore in talks to buy J.C. Penney
Private equity firm Sycamore Partners is in early talks to take J.C. Penney out of bankruptcy if the retailer’s negotiations with its creditors fail, reported Reuters.
Survey: One in four e-commerce retailers has lost data
E-commerce retailers are learning from failures to back up their site data.

Commentary: Why you need BI analytics for your IT hardware stack

Digital transformation is accelerating in retail environments.
Survey: Mistrust hampers grocery supply chain collaboration

Grocery retailers and suppliers who successfully collaborate can improve customer service and operating efficiency.
Mall owner CBL issues ‘going concern’ warning as rent payments plunge

CBL & Associates, which owns 108 properties, has serious doubts about its future amid skipped rent payments from retail tenants due to the COVID-19 pandemic.
Gap posts big loss as sales fall 43% amid pandemic

Gap Inc. swung to a $932 million net loss in its first quarter as its stores remained dark for much of the period.
C&S Wholesale, Instacart partner to bring online services to independent grocers

C&S Wholesale Grocers is teaming up with Instacart to make online and same-day delivery available to C&S’ network of more than 3,000 independent grocery retailers across the U.S.
James Avery expands its store footprint

With the majority of its stores reopened, James Avery is expanding its portfolio.
The top-performing e-commerce site during COVID-19 is…

A global furniture retailer heads up a list of the 11 e-commerce sites with the best performance during the current pandemic.
Michaels swings to loss amid closed stores; ‘encouraged’ by recent trends

The Michaels Cos. swung to a first-quarter loss and missed bottom and top-line expectations as its stores went dark shuttered temporarily during COVID-19 pandemic.