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eCommerce

  • GRB Holdings launches two new retail websites

    Las Vegas -- Internet retailer GRB Holdings on Monday announced the launch of two new e-commerce websites: GreenThumbDecor.com and SilverGroupMall.com/SG1277.

  • Canadian discounter acquires 10 stores from Hudson's Bay Co.

    Mississauga, Ontario -- Canadian discount store chain The Bargain! Shop said Monday that it will acquire 10 retail locations from Hudson's Bay Co.’s closing Fields banner, effective Aug. 1.

    The acquisitions will grow The Bargain! Shop to 237 stores.

    "As part of our plan to further grow our organization, this is a great opportunity for us to expand our footprint across Canada," said Lloyd Davis, president of The Bargain! Shop. 

  • Tvsdesign partners with Mall Plaza to repurpose garage into retail

    Antofagasta, Chile -- Atlanta-based tvsdesign said Monday it has partnered with Mall Plaza to repurpose the ground level of a parking garage into a high-end retail destination in Antofagasta, Chile.

    The new retail destination, with tenants ranging from Roxy to Umbrale and Saville Row, opened in late 2011.

    Mall Plaza wanted this new project to be an extension of Aires, a branded environment created by tvsdesign in 2010 and featuring a resort-like shopping district originally located in Plaza Vespucio.

  • Ross plans midwestern growth push

    St. Louis -- A Ross Dress for Less executive suggested that the midwestern United States offers significant growth potential for the discounter. In an interview on the St. Louis Today website, reported Monday, the company’s VP for the midwest region Fred Shuey said that Ross’s two just-opened St. Louis stores will be joined by more.

  • Walgreens' overall sales up 1.5% for the month of February

    Deerfield, Ill. — Higher front-end sales for the month of February helped counter-balance lost revenue from Express Scripts prescriptions, Walgreeens reported Monday. Overall, the drug store chain reported a 1.5% sales increase to $5.9 billion.

    Shares of Walgreens were up slightly by 8 cents to $32.77 in early morning trading.

  • Sears Canada stores closing in three major cities

    TORONTO — Sears Canada is closing three downtown stores in Vancouver, Calgary and Ottawa. The move follows an announcement last month by Sears Holdings, the majority owner of Sears Canada, that it will raise about $770 million by spinning off parts of its business and selling prime real estate.

  • Z Wireless acquires T2 Wireless

    Sioux Falls, S.D. -- Verizon Wireless services retailer Z Wireless, which operates 12 stores throughout Kansas, on Monday announced the acquisition of T2 Wireless, another Verizon retailer which operates more than a hundred stores in the Great Plains.

    Atlantic Street Capital, a private equity firm investing in the lower middle market, acquired Z Wireless in 2011.

  • Sears Canada to close three stores in major cities

    Toronto -- Sears Canada Inc. said on Friday it is shutting down three downtown stores in Vancouver, Calgary and Ottawa. The move follows an announcement last month by Sears Holdings, the majority owner of Sears Canada, that it will raise about $770 million by spinning off parts of its business and selling prime real estate.

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