Trading Partners

Troubled teen retailer Aeropostale Inc. has been dealt another blow.

On Friday, the New York Stock Exchange suspended trading of the retailer’s stock with immediate effect, due to an "abnormally low" trading price.

Aeropostale does not intend to appeal the delisting. It said its shares will instead be traded on the OTCQX Best Market, an over-the-counter market operated by OTC Markets Group Inc. The new ticker is "AROP".

Macy's chose Earth Day to give an update on its ongoing solar power deployments.

The retailer, in a 10-year partnership with SunPower Corp., has deployed SunPower solar systems at, or planned for, 71 Macy's and Bloomingdale's locations in 10 states, totaling approximately 39 megawatts.

Fifty SunPower systems are operating to date, and the company is contracted to install its technology at 21 additional Macy's and Bloomingdale's facilities this year.

Wal-Mart Stores on Thursday announced changes to its board of director of directors that it said were designed to make to make it more nimble and able to respond quicker to today’s fast-changing market.

As part of the changes, four current board members — Aida Alvarez, Roger Corbett, Mike Duke and Jim Walton — will retire and not stand for re-election. In addition, the retailer is shrinking its board by three members to 12, a move that brings it more in line with the size of most U.S. corporation boards.

A well-known outdoor retailer and private equity firm may be interested in purchasing hunting and fishing chain Cabela’s.

According to Reuters, Bass Pro Shops Inc. and the private equity division of Goldman Sachs Group Inc. are preparing to make a buyout offer. Cabela’s said in December it was exploring strategic alternatives that could include a sale.

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With 2,400 confirmed attendees, the new retail and e-commerce event Shoptalk has handily exceeded its first year goals, and glancing at the program it’s easy to see why.
 

It is appropriate that Salt Lake City, Utah — a place that has been called “America’s Climbing City” — is home to an experiential retail concept that aims to be nothing less than America’s climbing gym: Momentum Indoor Climbing.

A ruling in the dispute between the Federal Trade Commission and Staples could hinge on whether the judge in the case is an Amazon Prime member who appreciates the online giant’s disruptive business model and potential to impact the business-to-business marketplace.

Walmart has embraced the marketplace model as means to expand its online assortment and gain ground on Amazon where third party sellers already account for half of the company’s unit volume.