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Strategy

  • Report: Amazon to open store on Alibaba Tmall platform

    Seattle – If you can’t beat ‘em, join ‘em. Amazon.com is reportedly heeding that old saw with plans to open a store on the Tmall site of Chinese e-commerce giant Alibaba Holding Group.

  • Gander Mountain expands southwest footprint

    Residents of Texas and Oklahoma will have two more places to buy guns this month when new Gander Mountain Company stores open with huge firearms departments.

    Gander Mountain will open two new locations in Texas and Oklahoma on March 12. The new store in Killeen continues the brand's major expansion into the Texas market and will be the 20th store in the state. The new location in Tulsa marks Gander Mountain's entry into Oklahoma and the 27th state overall.

  • Staples swings to Q4 loss on charges; but commercial division on upswing

    Framingham, Mass. – Staples Inc. underwent a difficult fourth quarter of fiscal 2014 as the company swung from a profit to a loss on special charges, faced investor pressure to change its board, sluggish sales and deal with fallout from its plan to acquire its largest competitor.  

  • Summerlin goes downtown Vegas style

    Largest U.S. retail development to open since 2006

    Perhaps nothing signifies the resurgence of the U.S. retail market, both on a macro and micro level, more than the long-delayed opening of Downtown Summerlin, in Las Vegas. Opened in October, the open-air center is the largest retail development to debut in the United States since the economic downturn. It has quickly ramped up to become not only one of the hottest retail destinations in the Las Vegas region, but in the entire Western part of the country.

  • Same store sales keep sliding at Roundy's

    Regional grocery chain Roundy’s Inc. is heading out of a “transition year,” according to CEO Robert Mariano, with lackluster same store sales growth.

    Roundy’s reported a same-store sales decline of 2.3% for the fourth quarter. In 2014 overall, same-store sales dipped 2.9%. For the year, net sales reached $3.86 billion, up from $3.35 billion in 2013. 

  • Ascena Retail Group names lead independent director, adopts new rules

    Mahwah, N.J. - Ascena Retail Group Inc. has named board member Randy L. Pearce to the newly created role of lead independent director. As lead independent director, Pearce will preside at executive sessions of the independent directors, will serve as liaison between the independent directors and the chairman of the board and between the independent directors and senior management, and will call meetings of the independent directors.

  • Why retailers should be worried about Etsy

    Never heard of Etsy? Time to start paying attention to the 10-year-old company that defines its value proposition as connecting people and reimagining commerce.

    The unique online marketplace, where you can buy hand-knitted baby shoes or a vintage night light with Elvis Presley’s face on it, has filed for a sure-to-be-closely-watched $100 million public offering.

  • Sam’s invests in future customers

    Small business customers are the lifeblood of Sam’s Club and to ensure the continued vitality of the crucial shopper segment the retailer is supporting an entrepreneurial youth organization.

    Sam’s donated $250,000 to the U.S. Chamber of Commerce Foundation (USCCF) and the Young Entrepreneurs Academy (YEA!) to grow and support YEA!’s national educational program that works to transform middle and high school students into confident entrepreneurs.

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