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  • Cabela's, Bass Pro deal inches closer to completion

    Bass Pro Shops's acquisition on rival Cabela's has passed another hurdle.     Cabela's shareholders voted to approve the sale of the hunting and outdoor retailer to Bass Pro, the company announced Tuesday. Cabela's agreed in April to be bought by Bass Pro Shops for $61.50 a share, down from the original purchase price of $65.50 a share, valuing the acquisition at $4.2 billion. The transaction is expected to close in the third quarter of 2017.  
  • Report: Lampert considering deal with Sears Canada

    The chairman and CEO of Sears Holding Co., is reportedly considering a deal with bankrupt Sears Canada.  
  • Office supplies giant makes big changes to loyalty program

    Office Depot had one goal when updating its loyalty program: to make sure that every shopper is rewarded.   The office supplies giant debuted its new loyalty program. Besides being free, the “Office Depot OfficeMax Rewards Everything” program is designed to save customers money, and deliver expanded benefits. The program evolved following a year-long pilot in several markets, a process that enabled the company to gather customer feedback needed to redesign the program.   
  • Retailers hope to steal some Prime Day thunder

    Amazon may be pulling out the stops to lure customers to participate in Prime Day, but competitors are taking steps to grab their own online sales.    The online giant’s third annual Prime Day global shopping extravaganza officially kicked off on Monday, July 10, at 6 pm PST, and will run until the wee hours of morning on July 12. Eager to take advantage of early bird shoppers, Amazon began rolling out sneak previews — and sales opportunities — as early as last week.   
  • No deal as teen apparel retailer decides to go it alone

    Abercrombie & Fitch Co. has taken itself off the selling block.   The teen retailer said it has ended talks regarding a potential sale and will instead continue to focus on turning around its business as a standalone business.    
  • Barnes & Noble names head of stores

    A former Advance Auto and Starbucks executive has joined the executive team of the nation's largest bookstore chain.    Barnes & Noble said that Carl Hauch has been named VP stores, effective immediately. Hauch will be responsible for the entire retail store organization and profitable growth of the business, driving sales, training, developing talent and recruitment.     
  • Penney launching new loyalty program, app

    J.C. Penney is enhancing customer benefits in its loyalty program.   The retailer is debuting a revample program that allows Sephora customers to double-dip on rewards and also allows earned points to roll over from month to month, reported the Dallas News.   
  • Footwear retailer launches in-store pick-up

    Famous Footwear wants to get merchandise into its shoppers’ hands faster.   By rolling out an in-store pickup service chainwide, Famous Footwear’s online shoppers now have the option of picking up their orders in more than 1,000 locations. To encourage shoppers to try the service, the retailer is offering customers that shop between July 7 through July 11, a $5 discount off of one order containing an in-store pickup item.  
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