Strategy

Washington, D.C. - The Retail Industry Leaders Association (RILA) is publicly supporting the Data Security and Breach Notification Act of 2015.

In advance of the Energy and Commerce Committee’s markup of the bill, RILA released a statement saying retail and grocery industries have long been in support of a federal data breach notification and data security law that sets a single national standard.

Commerce, Calif. - Smart & Final Stores Inc. is pricing an underwritten public offering of 10 million shares of its common stock at $18.50 per share. The shares are owned by certain stockholders of the company, including affiliates of Ares Management L.P.

Seattle - Specialty vertical apparel retailer Tommy Bahama promotes relaxation with its brand image, but is not taking it easy when it comes to loss prevention (LP). Tommy Bahama has selected March Networks' comprehensive retail solution to gain faster, more robust LP capabilities, improve recovery and apprehension rates with higher-quality video evidence, and better safeguard customers and employees at 130 stores worldwide.

Beijing, China – Chinese direct sales company JD.com Inc. is launching JD Worldwide, its new cross-border e-commerce platform that directly challenges Alibaba. JD Worldwide provides Chinese consumers with authentic imported products.

In a coup over Alibaba, JD.com is also launching of "Best of EBay Deals," a pilot program on the new platform in partnership with EBay. EBay’s channel on JD Worldwide will showcase a variety of merchandise from select EBay sellers in the U.S.

New concepts are the lifeblood of retailing. Here are six new stores — three homegrown formats and three imports — that are currently in the works:

It’s important to balance not only the flooring product selection but also color consistency across materials, employee and customer comfort, risk management, slip-and-fall issues, branding, sustainability and more. Meet Mark Bischoff with Tarkett, as he discusses what it means to marry design and safety in a space as well as how Tarkett manages national and international rollouts.

Walmart’s share price will be under pressure in the coming years as a holding company created decades ago by the Walton family to control their ownership of the company prepares to unload as much as 6% of Walmart’s outstanding shares.

Membership-based online retailer Jet is partnering with QVC parent company Liberty Interactive’s marketing and virtual inventory solutions provider CommerceHub to help retailers and brand capitalize on the soon-to-launch Jet e-commerce platform.

Some of the biggest names in retail soon will be honored in the nation’s capital when the U.S. Environmental Protection Agency and the Department of Energy host an annual event to recognize Energy Star Partners of the Year.

Among this year’s award recipients are Home Depot, Sears, Best Buy, Kroger, Kohl’s, Food Lion, Staples and JCPenney. The eight retailers are among 128 total companies being honored as Energy Star Partners of the Year from the roughly 16,000 companies who partner with EPA on the broad-based energy efficiency program.

The nature of competition in the retail industry is not what it used to be. Decades of consolidation concentrated sales among a top tier of mega-retailers fueled deal-making among product manufacturers and others who serve the retail industry.

The top 10 U.S. retailers now account for more than $1,200,000,000,000 (zeroes added for effect) and that figure swells to $1.5 trillion if the next 10 largest are include. The big have gotten bigger and will continue to do so in the near term, however there is also a dramatic “re-fragmentation” of the retail industry underway.