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  • Stop & Shop, Kroger hungry for A&P stores

    Northeast grocery chain A&P may not have been able to make a go of it, but other retailers are already looking to capitalize on the failed supermarket's real estate holdings. 
  • Yahoo files with SEC for Alibaba holdings spinoff

    Sunnyvale, Calif. – Yahoo Inc. has initially filed with the Securities and Exchange Commission (SEC) to spin off its remaining holdings in Alibaba Group Holding Ltd. into a new public company called Aabaco Holdings Inc. Yahoo initially announced its plans to spin off its Alibaba stake in January 2015.

  • Barnes & Noble names Toys ‘R’ Us exec as digital, Nook chief

    New York – Barnes & Noble Inc. is not playing around when it comes to digital retail or its Nook e-reader. The retailer has named Frederic D. Argir as VP and chief digital officer overseeing the e-commerce and Nook businesses, which are part of the retail division.

    Argir joins Barnes & Noble from Toys ‘R Us Inc., where he also served as chief digital officer. Barnes & Noble also said that Mahesh Veerina, president of the Nook consumer business, will leave the company on Feb. 1, 2016.

  • Taylor Swift picks Chinese e-commerce partner – it’s not Alibaba

    Beijing – Pop star Taylor Swift has selected a Chinese e-commerce partner – and it isn’t Alibaba. Chinese e-commerce platform JD.com will be the first authorized seller of Taylor Swift merchandise in China.

    The new JD.com store will be the official online source of Taylor Swift items, including a new fashion line the music superstar designed specifically for the Chinese market.

  • Francesca's adds Limited veteran

    Francesca's is adding a retail industry veteran to its board.

    The retailer has appointed Martyn Redgrave as a member of the board of directors. The appointment is effective immediately. Redgrave will serve on the audit committee and the nominating and corporate governance committee.

  • Amazon competitor prepares for Tuesday takeoff

    Hoboken, N.J. – The countdown is on for the latest competitor to Amazon.com to take off. Jet.com, which hopes to compete with the Amazon Prime membership service using “profit-free” pricing, has an online clock on its homepage counting down to launch at 6 a.m. ET on Tuesday, July 21.

  • Ross picks up the pace of expansion in July

    Ross Stores is crossing off a big chunk of its to-do list as the retailer moves forward with its plans to open 90 stores in 2015.

  • Macy’s makes giving fashionable

    New York – Macy’s Inc. is attempting to make charitable donations fashionable. The retailer’s new Fashion Pass program provides customers 15%-20% off storewide, plus $10 off a $30 purchase, when they give $5 at the register from July 22 to Aug. 15.

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