Mergers & Acquisitions

New York -- Trader Joe’s is opening a store in the heart of what is arguably the nation’s hippest enclave.

The grocer has signed a lease to open an 18,000-sq.-ft. in the Williamsburg section of Brooklyn, New York, reported Crain’s New York.

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Toys“R”Us Inc. plans to bring its U.S. e-commerce operations in-house, including building and managing a new platform for Toysrus.com, Babiesrus.com and FAO.com, by the end of summer 2016.

DEERFIELD, Ill. — Walgreens Boots Alliance appears to be just getting started. The company posted third-quarter EPS of $1.02 for the period ended May 31, which was 15 cents better than analyst estimates of 87 cents. However, revenue for the quarter came in at $28.8 billion, up 48.4%, against consensus estimates of $29.6 billion. Domestic operations were up 5.3% to $20.4 billion.   

Phoenix -- DTZ, a leader in commercial real estate services, announced that a limited partnership formed by Weingarten Realty Investors of Houston acquired The Summit at Scottsdale, a 190,408-sq.-ft. retail center anchored by Safeway and Target, for $54.1 million.

Donahue Schriber Realty Group, L.P., of Costa Mesa, California, was the seller of the property located on the southeast corner of Scottsdale Road and Ashler Hills Drive in Scottsdale, Arizona.

Every retailer needs a good CFO and that’s especially true at Conn’s where the company’s business model requires balancing the need to grow sales against the charge off risk associated with extending credit to subprime customers.

Hangzhou, China – Nobody can accuse Alibaba Group Holding Ltd. of sitting back and resting on its past success.

The global e-commerce giant is constantly making investments and launching new businesses, and in the past 24 hours has made two new business moves of significant interest to its online retailing competitors.

New York -- Blue Apron. Dollar Shave Club. Real Real. Honest Company. All start-ups, all relative newcomers to the retail scene,  and all generating big buzz and sale increases — enough to place them among the top 20 fastest-growing e-retailers in a recent survey. What’s more, they are all pure players (at least for now).

Here’s a brief snapshot of these four up and comers:
 

Scottsdale, Ariz. – Natural Grocers will hit a major milestone in its store network next month. The specialty supermarket chain will open its fifth store in Arizona on Aug. 11 -- making it the company's 100th store nationwide.

The Scottsdale location is one of 18 Natural Grocers stores expected to open in fiscal year 2015.