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Trading Partners

  • Staples and FTC battle grows more contentious

    The federal judge presiding over the Federal Trade Commission’s effort to block a merger between Staples and Office depot urged the parties to resolve their difference, but that seems unlikely given both sides are firmly entrenched in their positions.

  • PayPay cancels expansion in North Carolina over new law

    PayPal announced it is cancelling plans to open a new operations center in North Carolina after the state passed a law that many see as restricting protections for lesbian, gay, bisexual and transgender people. The news comes as leaders of the High Point Market, the largest furnishings industry trade show in the world, warned that “hundreds and perhaps thousands” of customers will not attend the Market, held in High Point, North Carolina in April, due to their opposition to the new law. The Market attracts retailers, designers, suppliers and manufacturers.

  • Best Buy bolsters appliance portfolio

    Whirlpool Corp. will bring its Maytag brand of appliances to 600 Best Buy stores this month rounding out what was already an extensive offering.

    Maytag brand products will hit the sales floor at 600 Best Buy stores in mid-April and also be sold online, the retailer said. The move expands Whirlpool’s assort at Best Buy which already includes the leading appliance manufacturer’s Whirlpool, KitchenAid and Amana brands. Best Buy also offer appliances from LG, Samsung, Frigidaire, Bosch and Electrolux.

  • Supreme Court rejects Wal-Mart class action appeal

    The U.S. Supreme Court on Monday declined to take up an appeal from Wal-Mart Stores to throw out a class action judgment over its treatment of workers in Pennsylvania, Reuters reported.

    In the case, hourly employees of Wal-Mart and Sam’s Club had brought a class action lawsuit, claiming they were not compensated for rest breaks and off-the-clock work as mandated in their policies. The case impacted some 187,000 Wal-Mart employees who worked in Pennsylvania between 1998 and 2006.

  • Macy’s adds real estate expert to its exec team

    Amid ongoing pressure from investors to maximize the value of its real estate holdings, Macy’s has appointed Douglas W. Sesler as executive VP for real estate, effective April 5.

  • Christopher & Banks board member withdraws name

    For about three hours the morning of April 4 it looked like Christopher & Banks had found itself a new board member, but then the company discovered a conflict that prevented the high level executive from accepting the nomination.

  • Meijer and Supervalu join cage-free crusade

    There are going to be a lot of happy chickens roaming free in the coming years as retailer after retailer establish dates by which they will offer only cage-free eggs.

    Meijer and Supervalu recently announced plans to source only cage-free eggs by 2025, joining Delhaize and Albertson’s who earlier this year set 2025 as their cage-free deadline. Ahold USA earlier this year also indicated it would be cage-free by 2022. Walmart and Costco have also announced cage-free commitments as have some major food suppliers such as Nestle.

  • Commentary: Another Battle of Atlanta

    For many business owners, the ongoing feud for control of the Republican Party has largely come, unfortunately, at their expense.

    Over the last 10 years or so we have witnessed the balance of power within the party shift from economic conservatives and the business community - to social conservatives and the interest groups that serve them. I have labeled this fight as one between the "suits" and the "boots." Over the last two election cycles, the boots have clearly demonstrated that they are in charge.

  • Supplier survey bodes well for retail sales

    If the major suppliers of soft goods such as clothing and accessories to retail stores are a bellwether of the economy, then the coming months are looking to provide a jolt as 75% of these suppliers expect retail sales to significantly outpace the gross domestic product for the spring and summer shopping season.

    That’s one of the major findings of a new survey conducted by Capital Business Credit.

  • CBRE appoints Steven H. Gartner to managing director of retail

    Philadelphia -- CBRE Group announced that Steven H. Gartner has been appointed to managing director of retail for the Greater Pennsylvania Region. Gartner will lead CBRE’s retail brokerage platform throughout the region, driving growth and creating a cohesive and collaborative service offering for retail clients, as well as continue to actively maintain strategic client relationships both in Philadelphia and across the country.

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