Strategy

Amazon.com is continuing to expand its network of physical pickup points at colleges and universities across the U.S.

Amazon has recently announced agreements to open staffed pickup locations at the The University of Texas at Austin and the University of Akron.

Opening this summer, this 2,509-sq.-ft. space at the University of Texas will be located in Gregory Gymnasium. Additionally, Amazon Student and Prime members will receive free one-day pickup for orders placed by 10 p.m. on more than two million items.

There has been a great deal of discussion and analysis in recent years regarding the ongoing struggles of many traditional department store giants. Brands like Sears, J.C. Penney and Macy’s are scratching and clawing to continue to stay afloat, together with a number of big-box retailers that are also struggling to remain competitive in an evolving retail marketplace.

Kohl’s announced it donated more than $51 million in 2015 through various charitable efforts and programs.

The donations include nearly $16 million in corporate grants through Kohl’s premier associate volunteer program and approximately $19 million donated through Kohl’s Cares® cause merchandise, in addition to other philanthropic giving.

Barnes & Noble produced a same-store sales increase in its third quarter which, although meager, is an impressive accomplishment given intense competition from Amazon.

Sales for the company’s third quarter ended Jan. 30 declined 1.8% to $1.4 billion, due to lower online sales and some store closure. Same-store sales increased 0.2% and if the company NOOK products are excluded the comp increase was 1.3%.

New York -- Halstead Property announced the promotion of Richard J. Grossman to president. In his new role, Grossman will work closely with Halstead CEO Diane M. Ramirez and will also continue to oversee the Village and SoHo offices together with Sara Rotter, executive director of sales for Downtown.

New York -- The Howard Hughes Corp. announced that Andrew Schwartz has been hired to lead the newly created Global Strategic Partnerships Group as senior VP. He will be responsible for identifying and securing new corporate partnerships across the company’s sought after portfolio that spans from New York to Honolulu, the new division will play an important long term role for the growing company.

Zara has opened an eco-friendly flagship in the heart of Manhattan’s SoHo neighborhood. It is the Spanish retailer’s eight location in Manhattan.

Barnes & Noble produced a same-store sales increase in its third quarter which, although meager, is an impressive accomplishment given intense competition from Amazon. In announcing its results on Thursday, the company also revealed that it will open four new prototype stores in its current fiscal year. The first is expected to open sometime this summer.

The Retail Industry Leaders Association (RILA) convened its 31st annual Supply Chain Conference earlier this week. RILA’s Caroline Stec provided a recap of an event which drew record attendance.

Warm weather was a problem for most retailers in the fourth quarter, but Houston-based Stage Stores also got hit by weakness in the energy sector and the Mexican Peso.