Strategy

It may seem an unlikely location, but the future of retail may soon be invented in abandoned gift shop on the ground floor of a parking garage at the University of Arkansas thank

Dov Charney, founder and outsted CEO of American Apparel, made an emotional—and meandering—plea to regain control of the company at a bankruptcy court hearing in Delaware on Thursday.

“I’m a merchant, I’m a creative artist, I’m a photographer, I’m a marketer, I’m an industrialist,” Charney said, according to the New York Times. “I don’t want to hand over my company. This is coercion.”

RadioShack has lost its CEO after he served only nine months on the job.

RadioShack has lost its CEO after he served only nine months on the job.

Ron Garriques has stepped down as chief executive of the consumer electronics chain in order “to pursue other interest in a role that will put him back closer to his family,”   the retailer said in a statement to the Fort Worth Star-Telegram. The company's CFO, Gordon Briscoe,  will serve as interim CEO until a replacement is found.

The Southeast’s leading supermarket operator will give new meaning to its tag line “where shopping is a pleasure” when it opens a new small format on the campus

Delhaize Group’s Food Lion division is enjoying success with an extensive transformation initiative called “easy, fresh and affordable,” as it works to complete

Ikea Canada is building a 328,000-sq. ft. store Halifax, Nova Scotia, that will feature a special focus on energy efficiency and waste management.

The store will take roughly 14-16 months to build once ground has been broken in summer 2016. It will be built to operate as the retailer’s most sustainable store in Canada, and include a rooftop solar photovoltaic installation that provides electricity to the store and a geothermal energy generation system to support heating and cooling needs.

Amazon.com is getting its nose out of books and consumer electronics and into a more fashionable merchandise area.

According to Re/Code, Amazon now offers more than 30 million apparel and accessory items for sale – which totals more than all the products sold at 250 Walmart supercenter stores.

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