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Retail

  • NAI MLG Commercial announces eight Wisconsin transactions

    Milwaukee — NAI MLG Commercial has announced eight recent transactions across the state of Wisconsin.

  • Poll: Amazon most trusted brand among consumers

    New York -- Amazon remains the world's most trusted retailer despite widespread criticism of its tax affairs and labor disputes.

    The Internet giant topped a poll of 30,000 consumers in nine countries although the research by OC&C, unveiled on the closing day of the World Retail Congress, revealed that “its crown has very much slipped.”

    Consumers were asked to rank nearly 600 retailers on a range of factors such as trust, value for money, service, product, and multichannel capability.

  • Rite Aid renews agreement with e-source provider Intesource

    Phoenix -- Rite Aid has renewed its sourcing partnership with Intesource, an e-sourcing provider in the retail, drugstore, grocery and restaurant industries.

    Rite Aid has leveraged Intesource's e-sourcing technology since 2009. The partnership helped the chain secure significant savings  on both direct and indirect categories -- including snow plowing services -- and drove efficiencies across the entire supply chain.

  • Bi-Lo Holdings to retire Sweetbay and Reid’s banners

    Bi-Lo and Winn-Dixie parent Bi-Lo Holdings plans to retire the Sweetbay and Reid’s banners. The company will begin converting all Sweetbay stores to the Winn-Dixie name and Reid's stores to Bi-Lo in 2014, and confirmed the Harveys banner would remain intact.

    The grocery retailer acquired all three banners from Brussels, Belgium-based Delhaize Group last May.

  • Jos. A. Bank offers to acquire Men’s Wearhouse

    New York – Jos. A. Bank Clothiers has put in an offer to acquire Men’s Wearhouse for about $2.3 billion in a $48 per share all-cash offer, Reuters reported.

    The acquisition would create a men’s apparel powerhouse with over 1,700 stores across the nation. Jos. A. Bank said Men’s Wearhouse was reviewing the proposal, according to the report.

    Jos. A. Bank is partnering with Golden Gate Capital on the offer. The investment firm would make a $250 million equity investment in the company.

  • The Container Store teams with BorderFree to take e-commerce global

    New York -- E-commerce solution-provider Borderfree said it has partnered with The Container Store to expand the chain’s international e-commerce reach in time for the holidays.

    Previously only accessible to consumers in the U.S., and Canada, The Container Store’s online product offerings are now available to consumers in Australia, India, Mexico, Germany, France, Japan, Switzerland, Russia, and the U.K.

  • Rite Aid extends partnership with e-source provider Intesource

    Rite Aid has decided to extend its sourcing partnership with Intesource, an e-sourcing provider in the retail, drugstore, grocery and restaurant industries.

    Rite Aid has leveraged Intesource's e-sourcing technology since 2009. The partnership helped the chain secure significant savings on both direct and indirect categories — including snow plowing services — and drove efficiencies across the entire supply chain.

  • ICSC poll: Most voters support online sales tax collection

    Washington, D.C. -- Some two-thirds of Americans say they support the Federal e-Fairness legislation calling for collection of online sales tax at the time of purchase.

    A national poll conducted by the International Council of Shopping Centers found that a majority of Americans feel it would be far easier to pay sales or use tax on online purchases at the time-of-purchase. The poll also showed an increase in support among voters for federal legislation that would restore basic free market principles for brick-and-mortar retailers.

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