Retail

Phillips Edison acquires Bakersfield center
Phillips Edison has acquired another grocery-anchored center, this on in Bakersfield, California. Riverlakes Village is a 92,212-sq.-ft. neighborhood center anchored by Von’s Supermarket and augmented by a classic necessity-based mix of CVS, Verizon Wireless, Bank of America, Supercuts, Steak and Grape’s, and Chipotle. The center is 97% leased, according to broker CBRE, which did not disclose the sale price.
Fast-fashion giant trying on vending machines
Uniqlo will be popping up at airports and malls across the nation — but not through retail storefronts. Putting a new spin on the term “fast fashion,” the Japanese retailer is launching 6-ft.-high vending machines that will enable customers to purchase T-shirts and lightweight down jackets, the Wall Street Journal reported. Merchandise is packaged in boxes and cans.

Amazon Opens Old Wounds for Retailers (Again)

Before we completely move on from last month’s Amazon Prime Day, it’s important to understand why retail brands once again braced themselves to lose customers and online sales when they had a whole year to do things differently.
More California Walmart stores add curbside grocery pickup

Walmart’s grocery pickup service is available to even more shoppers in the Golden State. The discounter introduced grocery pickup in 26 stores across Inland Empire, Los Angeles and San Diego, bringing the total number of stores statewide offering the service to 36 locations, according to The Orange County Register. Each store will designate parking stalls for shoppers to retrieve their groceries.
Regional furniture retailer modernizes front-end

City Furniture sales associates are moving away from the cashwrap, and completing transactions directly on the show floor.
Women's apparel powerhouse creates new executive position

The owner of Ann Taylor, Loft, DressBarn, Lane Bryant and other brands is consolidating its executive leadership structure as part of its efforts to reinvigorate top-line growth.
Holiday Uptime: Preparing Your Network for the Holiday Rush
GameStop does an about-face on Thanksgiving

It's only July, but GameStop has jumped into the ongoing debate about whether stores should be open on Thanksgiving Day. After keeping its stores closed on Thanksgiving for the past three years, the retailer has told its employees that stores will be open for this year's holiday. The change was first reported by gaming website Kotaku.
On-Demand Webinar: How Redmond Inc. provides seamless customer experience for 800% growth
Publix Q2 sales, earnings rise; cuts stock price

Florida's largest supermarket chain on Tuesday reported higher sales and revenues for its second quarter. Prior to releasing its results, the company cut the price of its stock. Publix’s sales in the second quarter rose 3.6% to $8.4 billion, from last year’s $8.1 billion. Same-store sales increased 1.6%. Net earnings increased 3.5% to $495.1 million, compared to $478.2 million in the year-ago period.

Phillips Edison acquires Bakersfield center

Fast-fashion giant trying on vending machines

Amazon Opens Old Wounds for Retailers (Again)

More California Walmart stores add curbside grocery pickup

Regional furniture retailer modernizes front-end

Women's apparel powerhouse creates new executive position

Holiday Uptime: Preparing Your Network for the Holiday Rush

GameStop does an about-face on Thanksgiving

On-Demand Webinar: How Redmond Inc. provides seamless customer experience for 800% growth

Publix Q2 sales, earnings rise; cuts stock price