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Mass Merchant

  • Aldi completed purchase of 66 Bottom Dollar stores from Delhaize

    Batavia, Ill. – Aldi Inc. has completed its purchase of 66 Bottom Dollar Food stores from the Delhaize Group. The transaction includes the land, buildings and leasehold improvements associated with Delhaize's recently retired Bottom Dollar Food operation.

  • Coming soon to Sam's Club: 3D printers

    Home Depot had it first, but now MakerBot is coming to an even wider mass-market arena as the 3D printer rolls out at more than 300 Sam's Club locations in the United States.

  • Fred’s Super Dollar names new merchandising, store ops and supply chain execs

    Memphis, Tenn. -- Fred's Super Dollar has announced several key management changes, including the appointment of Walgreens veteran Bryan Pugh as chief merchandising and marketing officer.  

    In other changes, Craig Barnes has been promoted to executive VP supply chain, global and domestic logistics; and Mike Holligan has been promoted to executive VP store operations.
     

  • Walmart’s Foran and McKenna to offer views in NY

    In a break from tradition, Walmart is hosting an investor meeting in New York on April 1 with the new team of top executives who are driving the latest round of changes at the retailer’s U.S. business.

    A 90 minutes session scheduled to begin at 10 a.m. EST on April 1 at the New York Stock Exchange will be hosted by Walmart U.S. President and CEO Greg Foran.

  • GBT Realty acquires East Cobb County parcel

    Atlanta -- GBT Realty Corporation acquired a 1.7-acre site in East Cobb County, Atlanta, at the intersection of Roswell Road and East Cobb Drive near Johnson Ferry Road. Currently the site of a 10,240-sq.-ft. building occupied by Chuck E. Cheese’s, the firm plans to redevelop the parcel with demolition slated this spring.  

    GBT acquired the site from Empress Theatres for $1.65 million. No additional terms were disclosed.

  • C.H. Robinson named a Walmart logistics leader

    Walmart recognized multimodal logistics provider C.H. Robinson with the retailer’s first-ever award for third party logistics providers.

    C.H. Robinson said it received the Third Party Logistical (3PL) Carrier of the Year award for 2014 due to contributions for outstanding service, effective communication and providing solutions and innovations in a changing industry.

  • GameStop eyes growth strategy with emerging formats

    GameStop’s strongest growth in 2015 will have little to do with gaming as the company plans to open between 350 to 550 stores in technology brands segment while paring its GameStop store presence.

    The company’s technology brands segment is comprised of 361 ATT&T brand stores, 63 Cricket branded stores that offer wireless products and services and 60 Simply Mac Stores. Meanwhile, the company has indicated it will close 3%, or nearly 200 of its approximately 6,000 traditional video game stores.

  • Amazon expands 1-hour delivery to Dallas

    Amazon is accelerating the expansion of its one-hour delivery servcie with a rollout of the program in Dallas.

    The e-commerce giant started its Prime Now rapid delivery service in December in parts of Manhattan, and expanded to Baltimore and Miami this month.

    The ultra-fast service initially launched as a benefit for Prime members.

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