Trading Partners

San Francisco – Alibaba.com has collaborated with e-commerce platform to Bigcommerce deliver an integrated shopping experience for sourcing products from Alibaba.com’s network of Chinese wholesale suppliers. The Alibaba.com Wholesale solution is immediately available to Bigcommerce’s 70,000 stores, and online merchants can now access and purchase a collection of more than 30,000 products from about 300 of Alibaba.com’s Gold Suppliers in China with scope to expand to more than three million products from thousands of Gold Suppliers.

Rite Aid said higher prescription sales and stronger cost control helped the drugstore chain report a profit surge for the fourth quarter.

Aliso Viejo, Calif. -- Johnny Rockets recently signed the largest development deal in the brand's history, with a plan to open 100 restaurants in China, with the first scheduled to open in 2016.

Emeryville, Calif. - Jamba, Inc. has entered into an asset purchase agreement with Vitaligent LLC to refranchise 100 company-owned restaurants in the San Francisco, Sacramento and San Diego markets. Under the terms of the agreement, Jamba will receive a purchase price of $36.0 million in cash.

Indianapolis - Simon Property Group Inc. has withdrawn a roughly $22 billion offer to purchase California-based mall operator Macerich Co. In a brief statement, Simon said it decided to withdraw the offer, worth $95.50 per share, in light of the decision by the Macerich board of directors not to engage in discussions.

Seattle - Nordstrom Inc. has completed a new five-year, $800 million senior unsecured revolving credit facility. The new facility replaces an $800 million senior unsecured revolving credit facility that was scheduled to mature in March 2018.

The revolving credit facility may be used for general corporate purposes and is scheduled to mature in April 2020. At present, there are no outstanding borrowings under the revolver.

Hingham, Mass. – Talbots Inc. has signed an extension to a long-term agreement to continue receiving private label credit card services from Alliance Data Systems Corp. Talbots operates nearly 500 stores throughout the U.S. and Canada.

Walmart Vice President of Supply Chain Services Debbie Hodges is the featured speaker at the April gathering of Doing Business in Bentonville.

The organization recently confirmed that Hodges would be the featured speaker at an event to be held Thursday April 16 at 7 a.m. at the Four Points by Sheraton in Bentonville.

Among the topics Hodges plans to address are the role and structure of the Supply Chain Services team, key initiatives currently underway and the impact on suppliers.