Strategy

Sidney, Neb. – Cabela’s Inc. has 400 million new reasons to feel confident about the growth of its Club Visa credit card portfolio.

The retailer has closed a $400 million securitization transaction, including $240 million of Class A-1 Notes with fixed annual interest of 2.25%, and $100 million of Class A-2 Notes with interest at a floating rate equal to one-month LIBOR plus 0.67% per year.

Donald Trump contends he doesn’t forget and that could be a bad thing for Macy’s now that polls show the businessman turned politician leading a crowded field of Republican presidential hopefuls and using campaign stops to belittle the department store chain.

Chicago – It appears that Groupon will soon be delivering a whole new service to its customers.

The online discount provider has acquired OrderUp, an on-demand online and mobile food ordering and delivery service operating in nearly 40 markets across the United States.

Paired with Groupon’s approximately 25 million active North America customers, the deal creates an online and mobile food ordering marketplace of significant size and scale.

Few retailers make as big an impact on the environment as Kroger, but the high performing supermarket chain has made huge progress against sustainability priorities during the past decade and now is ready to take on a new set of goals.

The company released its 2015 Sustainability Report on July 17, which chronicles progress made during the past nine years and establishes new directional priorities.

New York — Coming soon to a mall near you…robots?

Mike Kercheval, president and CEO of the International Council of Shopping Centers, is making the case for the use of robots in shopping malls. In an op-ed commentary on CNBC.com,  Kercheval says the robot's potential on the front lines of retail is limitless—and soon, he adds, “it will be difficult to imagine a visit to the local mall without them.”

Here are three reasons Kercheval says we need robots in malls:

Months after trumping Hot Topic with a better offer, GameStop has officially acquired Geeknet for $140 million.

San Mateo, Calif. — Online membership shopping service ShopRunner is adding some well-known fashion brands to its mix.

ShopRunner has signed new partnership agreements with Alexis Bittar, Alice + Olivia, Bebe, Joie, Kooba and Lucky Brand.

The former head merchant for Staples has been named president and CEO of eBags Inc.

The eBags board of directors appointed Mike Edwards as president, CEO and member of the board of directors effective immediately. He also joins the company as a new investor.

Edwards most recently held the position of executive vice president of global merchandising for Staples Inc.