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Finance & Capital Management

  • Amazon bets on fuel-cell technology

    Amazon will deploy a high-tech, green solution to help power its warehouses.     In a move to increase the energy efficiency of its sprawing network of fulfillment centers, Amazon has entered into a partnership with hydrogen fuel-cell maker Plug Power to deploy Plug Power fuel cells and hydrogen technology in its fulfillment network.    The deal includes an investment option that gives Amazon the right to acquire up to a 23% stake of the fuel-cell maker.  

  • Walgreens confident about Rite Aid deal

    Walgreens is still confident in its ability to close the Rite Aid transaction, but will force the issue if it comes to that, Stefano Pessina, executive vice chairman and CEO Walgreens Boots Alliance, told analysts Wednesday morning.  

  • Washington Spotlight: Is Ivanka a Retail Partner or Issue Adversary?

    The  retail community has had a curious relationship with the Ivanka Trump brand over the last year or two. Some prominent brands proudly display her clothing, shoe and accessories lines. Others carry it, but really don’t highlight it too much, and some have decided  to drop it all together.   

  • Hudson’s Bay Co. eyes reinvention amid steep Q4 loss, dismal year

    Hudson’s Bay Co. mirrored the challenges confronting the department store industry as it swung to a loss in its fourth quarter  and said it would cut costs and capital spending.   

  • Specialty footwear giant to shutter hundreds of stores amid Chapter 11 filing

    Payless ShoeSource filed for Chapter 11 bankruptcy protection amid growing competition from off-price retailers and online.

    The retailer, which has some  4,400 locations in more than 30 countries, plans to immediately close nearly 400 stores in the United States and Puerto Rico as it attempts to boost its balance sheet and restructure its debt load.

  • Walgreens posted mixed Q2 results

    Despite gains in prescription marketshare and comparable pharmacy sales across its U.S. base, Walgreens Boots Alliance missed analyst expectations for its second quarter. 

  • Blockbuster restaurant deal

    Panera Bread has been acquired by a European firm with a growing U.S. presence.     The fast-casual bakery/café brand has agreed to be acquired by JAB Holding Company, the investment arm of the Reimanns of Germany, for $7.5 billion, including the assumption of about $340 million in debt.    JAB’s U.S. holdings include Krispy Kreme Caribou Coffee, Einstein Noah Restaurant Group Inc., Peet's Coffee & Tea, and Keurig Green Mountain.   

  • British retailer to make U.S. debut

    A British lifestyle brand will open its first store in the United States this summer.   The White Company will open a 3,000-sq.-ft. flagship in the Flatiron section of Manhattan. Described as the first international flagship of the brand, the store will stock a curated selection of lifestyle, homeware and fashion products. A selection of The Little White Company products featuring white baby clothes and nursery equipment will also be housed in the space.  

  • Report: Walmart seeks to build big new DC in its hometown

    Walmart is looking to expand its logistics capabilities.   The discounter  recently submitted plans to city planners In Bentonville, Ark,  for a 1.27 million-sq.-ft. distribution center, according to a report by Talk Business & Politics-Northwest Arkansas Business Journal.  

  • Dollar General acquires small chain

    Dollar General is set to grow its already considerable footprint through an acquisition.   The discounter will acquire all 323 stores from Dollar Express, according to the Charlotte Observer.    
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