Strategy

Montvale, N.J. – A supermarket chain that was founded two years before the Civil War began may be going the way of the Confederate flag.

According to the New York Post, The Great Atlantic & Pacific Tea Co. (A&P) may file for Chapter 11 bankruptcy as soon as this week.

Washington, D.C. - The National Retail Federation (NRF) and more than 100 other business groups are formally calling for passage of legislation that would require the Transportation Department to track port statistics.

In a letter addressed to John Thune (R-S.C.), chairman of the Senate Commerce, Science and Transportation Committee, the NRF and its allies said this would help prevent a repeat of the congestion and slowdowns that occurred along the West Coast during the labor dispute resolved earlier this year.

Atlanta - Porsche Cars North America Inc. hopes to drive consumers to drink – and eat – at its new $100 million Porsche Experience Center and headquarters. Porsche has officially opened its new fine dining "Restaurant 356" on the second level of the Porsche Experience Center, overlooking the Hartsfield-Jackson Atlanta International Airport.

Hartland, Wis. – Batteries Plus Bulbs, a 650-store chain specializing in batteries, lightbulbs and personal electronics repair, has a fairly traditional offering of products and services. But that doesn’t stop the retailer from delivering a modern omnichannel customer experience.

“We’re a needs-based business,” said Jayson Serrault VP of omnichannel marketing and analytics, Batteries Plus Bulbs. “Customers come to us with a specific need that has some sense of urgency and immediacy.”

San Jose, Calif. -- eBay is selling its enterprise business as it continues streamline operations in anticipation of its separation from PayPal Holdings Inc. on Friday.

In announcing its second quarter results, eBay said it was selling its eBay Enterprise division, which helps retailers enhance their online presence and e-commerce capabilities, to a consortium led by private equity firm Permira for $925 million.

New York -- One of the nation’s most well-known toy stores welcomed its last shoppers on Wednesday.

FAO Schwarz closed its store on Manhattan’s 5th Avenue, a victim of rising rents. Shoppers flooded the store in its final hours. For more, click here.
 

eBay is selling its enterprise business as it continues streamline operations in anticipation of its separation from PayPal Holdings Inc. on Friday.

In announcing its second quarter results, eBay said it was selling its eBay Enterprise division, which helps retailers enhance their online presence and e-commerce capabilities, to a consortium led by private equity firm Permira for $925 million.

Dollar Tree Inc. has promoted one of its senior executives to be its next chief operating officer.

The company announced that Michael Witynski has been named COO and be responsible for store operations of Dollar Tree bannered stores in the United States, real estate for Dollar Tree bannered stores in the U.S. and all retail operations and real estate in Canada.

Stride Rite is revamping its brand platform to implement product and service improvements, including an exclusive line of footwear at Target.