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Trading Partners

  • ‘Hold on a minute,’ says Sears

    Sears Holding Corp. tried to walk back the uproar it caused early Tuesday morning when the struggling retailer included cautionary language about whether it would be able to continue as a "going concern” in its annual 10-K filing.   

  • Commentary: Shopping center owner ahead on the curve on Sears

    Sears Holdings Corp.’s acknowledgement in a filing on Tuesday that the retailer had “serious doubt” about its future came as no big surprise to the retail industry, including Joseph Coradino, chairman and CEO of PREIT, a publicly traded real estate investment trust that owns and manages 23 million square feet of retail and lifestyle space.   

  • Two retail associations to combine risk events

    The Food Marketing Institute and National Retail Federation will combine their existing risk and safety signature events into one cross-industry event starting in 2018.   The two groups will sponsor Protect in 2018, according to an announcement made Wednesday at the FMI’s Audit, Safety, Asset Protection Conference in Orlando.   

  • Bakery-café chain looks to double its store count

    La Madeleine, the country French-inspired bakery-café, is turning to a new growth strategy that includes selling its corporate owned stores to fast track its expansion.  

  • Bloomberg: Walgreens could sell additional assets to Fred’s

    There is another development in Walgreens’ quest to acquire Rite Aid.  

  • Office supply retailer exits Australia, New Zealand

    In a move that will help it focus on its North American stores, Staples is selling its Australia- and New Zealand-based operations.   Staples announced Tuesday, March 13, that private equity firm Platinum Equity will acquire these stores for an undisclosed sum. The transaction is expected to close in the second calendar quarter of 2017.  

  • Albertsons names Mayes senior VP external affairs, chief diversity officer

    Albertsons on Friday appointed Jonathan Mayes to the post of senior VP external affairs and chief diversity officer. In his new role, he will head up the company’s diversity and inclusion efforts, as well as its government relationships, philanthropy and sustainability departments.   

  • Shoptalk partners on new RILA initiative

    Shoptalk has announced a partnership with the Retail Industry Leaders Association focused on RILA’s newly launched (R)Tech Center for Innovation.   Through the partnership, Shoptalk will support the (R)Tech Center for Innovation as a member of the (R)Tech Innovators Network.   

  • Commentary: Retailers need to join forces to solve patent troll problem

    Diane K. Lettelleir, senior managing counsel of JCPenney Corp., discusses why retailers can’t wait for the government to solve the patent troll problem in the commentary below:    JCPenney and numerous other retailers have been hunted for the last decade by patent trolls that aggressively file suits based on overly broad claims in patents against related but distinct technologies. JCPenney alone has endured dozens of patent troll lawsuits over this period.   

  • RILA and Accenture launch tech innovation center

    The Retail Industry Leaders Association (RILA) and Accenture on Monday announced the launch of a new initiative that will explore the impact that technologies such as artificial intelligence and virtual reality will have on the retail industry.   RILA’s new (R)Tech Center for Innovation will also help retailers create innovative ways of doing business.  
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