Convenience Stores

Despite the many sales that showrooming has afforded Amazon over the years, the retailer surely doesn't want to become a victim going forward.  

E-commerce has generated significant volumes of sales in the electronics and clothing industries, but has yet to gain traction in other retail sectors.  

Chuck Grom, analyst, Gordon Haskett analyst:

Shoppers in Denver are getting their first taste of Amazon Prime Now.   The service, which is exclusive to the online giant’s Prime members, provides free two-hour delivery on tens of thousands of items, from household and daily essentials to electronics, games and outdoor supplies. Area Prime members can order through Amazon’s Prime Now app, available on iOS and Android devices, Amazon’s web site, or “speak” orders to their Alexa device.  

The Honey Baked Ham Company has tapped a veteran marketer -- and former associate -- to head up its marketing efforts.    The retailer named Jo Ann Herold as chief marketing officer, effective June 12, 2017. Herold returns after previously working with the brand for 16 years. She will lead strategic marketing directing development and execution for retail, franchise and e-commerce to generate continued demand for products and participation with the brand.     

A recent job listing by Amazon has raised speculation that the online giant plans to roll out its checkout-free convenience store concept, Amazon Go.    The online giant recently posted a job listing seeking a senior real estate manager for Amazon Go. The role will be based in Seattle and will include travel.   

The actions this week by two state attorneys general over the constitutionality of President Trump’s overseas business dealings have very little to do with the P&Ss of retail and restaurant owners. But here’s why it matters to your business and employees:  In the grand scheme of things, their legal maneuvering it is a stinging reminder of the role attorneys general play and how, in other circumstances critical to our business models and industry, they can have a seriously negative impact.

The Toronto-based Slate Retail REIT announced it has entered into an agreement to acquire five grocery-anchored centers in Florida and Pennsylvania for a total of $105 million.   “This five-asset portfolio meets all of our acquisition criteria -- attractive returns, markets we like that add scale, pricing well below replacement cost, strong anchors, and in-place rents that are below market,” said Slate CEO Greg Stevenson.