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Retail

  • Amazon Fire: M-Commerce Assumes a New Form Factor

    I don’t mean for this column to become a running commentary on the latest goings-on at Amazon.com, but there’s no escaping the fact that after two decades, the e-commerce pioneer remains at the forefront of digital commerce innovation. One area where Amazon has particularly excelled is at creating new form factors for consuming its content and buying its goods, and the recent release of the Amazon Fire smartphone is the latest example.

  • Teavana president joins Starbucks board

    New York -- Annie Young-Scrivner, executive VP of Starbucks Coffee Company and president of its Teavana business, has joined Macy's board of directors.

  • Net-A-Porter debuts third-party Google Glass sales

    New York – Online luxury fashion and beauty retailer Net-A-Porter is launching sales of Google Glass on June 23, available to shoppers in the U.S. Net-A-Porter will be selling a limited number of optical and sunglass styles, to be sold as exclusive packages.

    Each bundle includes Glass, a frame and shade, a mono earbud, and case for $1,800.

     

  • Conn’s plans $250 million senior notes offering

    The Woodlands, Texas – Subject to market conditions, Conn’s Inc. intends to offer in aggregate principal amount $250 million of senior notes due 2022 for sale to eligible purchasers in a private offering.

    Conn’s intends to use the net proceeds from the notes offering to repay a portion of the current borrowings under its asset-based revolving credit facility.

     

  • Staples launches omnichannel promo with Katy Perry

    Framingham, Mass. – Staples Inc. is launching an omnichannel promotion with pop singer Katy Perry in support of its “Make Roar Happen” campaign that raises money for DonorsChoose.org, a charity that raises funds for classroom projects across the U.S.

  • Rite Aid brings wellness to Beverly Hills

    Camp Hill, Pa. – Rite Aid is bringing some glitz, as well as health consciousness, to its newly reopened Beverly Hills store. On June 23, Rite Aid re-opened its Beverly Hills store with a major remodel that features its new wellness store design, as well as dining options.

  • Bass Pro Shops to open 145,000-sq.-ft. store in upstate New York

    Victor, N.Y. -- Bass Pro Shops announced plans for a new Bass Pro Shops Outdoor World in Victor, New York, which is part of the Rochester metro area. The 145,000-sq.-ft. store will be the primary anchor for Fishers Ridge, a 96-acre mixed-use development. The store has a tentative opening date of 2016.

    This will be the company’s third store in New York, as it currently operates stores in Auburn and Utica. This will be the first large-format store in the Empire State.

  • PREIT completes South Mall sale, agrees to sell two more

    Philadelphia — Pennsylvania Real Estate Investment Trust has completed the previously announced sale of South Mall in Allentown, Pennsylvania, for $23.6 million. Net of closing costs, settlement pro-rations and credits, proceeds from the transaction totaled approximately $23.1 million.

    In addition, PREIT has entered into an Agreement of Sale to dispose of its two remaining non-core malls — Nittany Mall and North Hanover Mall.

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