Strategy

Pier 1 got no relief in its fourth quarter as the chain reported weak results and suggested that it could close up to 15% of its stores if certain targets are not met. It also announced the departure of its CFO.

Amazon will reportedly scale back its retail presence in China this summer.

Walgreens and Nordstrom are both implementing the Narvar Concierge online package pickup and return platform.

There is more to life than boxed chocolates for Godiva.

Ed Coury, who amassed decades of experience on both the landlord and tenant side of lease negotiations, has been named managing director of RCS Real Estate Advisors.

Fred’s Inc. is shuttering nearly 30% of its store fleet as part of its plan to turn around its ailing business.

Mounting opposition to cashless stores has not gone unnoticed by Amazon.

Food Lion is updating its stores in the Charlottesville/Harrisonburg, Virginia area.

Walmart is expanding its use of autonomous, self-driving floor scrubbers as part of its wider efforts to use technology to automate a variety of low-level, repetitive tasks across stores.

Target is reportedly piloting a partnership with shoppable recipe app Cooklist.