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Trading Partners

  • Macy’s in real estate pact with Brookfield; sells SF men’s store

    Macy’s has signed an agreement that could lead to more downsizing of its valuable real estate portfolio. It also has entered into deals to sell one of its stores in San Francisco, and one in Portland, Oregon.   

  • NRF: How election results will impact these critical retail issues

    The results of yesterday's elections will affect a number of issues facing retailers, including infrastructure, tax reform, trade, immigration, labor and health care.       Craig Shearman, National Retail Federation (which does not endorse presidential candidates) looks at how President-elect Donald Trump and a Republican-controlled Congress could impact the industry.  

  • ELECTION RECAP: Impact on Business

  • U.K. retailer to drop anchor in the U.S.

    Watch out Hallmark. A popular British greeting card  and stationery brand has designs on the U.S. market.   Paperchase is planning to open two freestanding stores in the United States next year, both in Chicago, The Telegraph reported.         Currently, the brand supplies Target and Staples with private-label greeting cards.      

  • Walmart and Kroger in dead heat…

    Two of the nation’s largest retailers shared the No. 1 position in a ranking of the top U.S. retailers.    Walmart and Kroger Co. tied for first place (in the overall composite score) in Kantar Retail’s 2016 Retailer PoweRanking. The ranking is designed to identify the retailers currently setting the highest standards of performance as viewed by their trading partners, and to gain insight into what makes these retailers "best in class."  

  • Sears responds to claims that it failed to pay toy vendor

    A spat with a toy vendor could make for a difficult holiday shopping season for Sears Holdings.   Due to claims of financial difficulties, reports claim that toy manufacturer Jakks Pacific has halted sales of its Star Wars and Disney Princess toys, among other merchandise, to “a major U.S. customer," which was presumed by some to be Kmart, according to CNBC.  

  • Report: Authentic Brands Group, Iconix Brand Group eyeing American Apparel

    Several companies have reportedly expressed interest in acquiring the debt-laden American Apparel.   Brand licensors Authentic Brands Group and Iconix Brand Group are among the companies eying the chain, Reuters reported.   

  • Supervalu misses on sales, but on target with profit

    Supervalu Inc. posted disappointing sales results for its second quarter as the company continues to shift its business toward wholesale distribution.       The company released its second quarter results just days after it entered into an agreement to sell its Save-A-Lot discount grocery chain to Canadian private equity firm Onex for $1.37 billion in cash.   
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