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Strategy

  • Coop Denmark to install Displaydata ESLs

    Albertslund, Denmark -- Kvickly Supermarkets, part of Danish grocery retailer Coop Denmark, will implement Displaydata’s Chroma electronic shelf labers (ESLs) across 29 of its store locations. Coop Denmark, in partnership with Displaydata’s partner Delfi Technologies, has already implemented ESLs in more than 300 of its stores, including brands: Kvickly, SuperBrugsen, Dagli’ Brugsen and Irma.

  • Amazon.com opens 2nd N.J. fulfillment center

    Amazon.com is looking to facilitate its same-day deliveries in the New York City area by opening another 1 million-square-foot fulfillment center in New Jersey.

  • Alibaba buys 9% stake in Zulily

    Alibaba Holding Group Ltd. went on a buying spree at Zulily this month, but the Chinese Internet retailer wasn't buying baby shoes.

    Alibaba purchased about 4.8 million class A shares in Zulily, about 17% of Zulily’s Class A stock. The stake, valued at more than $150 million, was disclosed in a securities filing that showed Alibaba this month spent $56 million buying Zulily stock as the U.S. company’s shares plunged following a disappointing earnings report.

  • Fuddruckers enters Maine

    Houston – Fuddruckers is going from “Howdy” to “Ayuh.” The casual-dining chain is opening its first location in Maine on May 11 through a partnership with franchisee B&B Burgers Inc. The 3,000-sq.-ft. restaurant in Ellsworth, Maine anchors a new Tradewinds convenience store complex.

  • Wayfair furnishes another strong quarter

    Both first-time and repeat customers were on the rise for Wayfair in the first quarter, suggesting the company is doing what it takes to grow into a powerful player in e-commerce.

  • Alibaba acquires 9.3% stake in Zulily

    Seattle – Chinese e-commerce company Alibaba Holding Group Ltd. has disclosed it holds a 9.3% stake in online retailer Zulily. Alibaba has purchased about 4.8 million class A shares for $56 million. This represents about 17% of Zulily’s Class A stock.

  • NRF to Congress: Restore Trade Promotion Authority

    Washington, D.C. -- The National Retail Federation has released an op-ed article by association president and CEO Matthew Shay strongly urging Congress to pass Trade Promotion Authority (TPA) legislation. Congress is expected to debate the bill this week.

    Here is the article by Shay:  

  • JLL acquires retail brokerage firm Wilson Retail Group

    Chicago -- JLL is getting a big boost to its retail business by acquiring Wilson Retail Group, an independent retail brokerage and capital markets firm in Southern California.

    The transaction will enable JLL, the nation’s largest third-party retail property manager, to provide a broader range of brokerage and investment sales services to retailers and investors in a core urban gateway. The transaction closed for an undisclosed sum.

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