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Retail

  • New Amazon service streamlines online shopping

    Amazon has introduced a new service that streamlines how customers transact with online merchants. Login and Pay with Amazon allows customers of participating companies to go from browsing to buying in just a few clicks using their Amazon account information.

  • Bi-Lo Holdings to retire Sweetbay and Reid’s banners

    Bi-Lo and Winn-Dixie parent Bi-Lo Holdings plans to retire the Sweetbay and Reid’s banners. The company will begin converting all Sweetbay stores to the Winn-Dixie name and Reid's stores to Bi-Lo in 2014, and confirmed the Harveys banner would remain intact.

    The grocery retailer acquired all three banners from Brussels, Belgium-based Delhaize Group last May.

  • Survey: Store associates would benefit from video training

    San Bruno, Calif. -- Over 35% of respondents received no formal training, and 28% were asked to read a manual or a handbook, according to a recent study of retail store associates by Qumu, a provider of secure multimedia content management and delivery solutions. The survey also revealed that retail employees are looking for improved executive communication to provide them with a greater understanding of company strategy (57%), more connectedness to the company community (47%), and understanding of activity in other stores (46%).

  • Family Dollar deploying Checkpoint EAS technology to reduce shrink

    Thorofare, N.J. -- Checkpoint Systems announced that Family Dollar Stores has entered into a multi-year agreement that includes the deployment of Checkpoint's electronic article surveillance solutions in all of its existing and future stores.

    The rollout in the chain's existing 7,900 stores is expected to be completed by December 2014.

  • Rite Aid extends partnership with e-source provider Intesource

    Rite Aid has decided to extend its sourcing partnership with Intesource, an e-sourcing provider in the retail, drugstore, grocery and restaurant industries.

    Rite Aid has leveraged Intesource's e-sourcing technology since 2009. The partnership helped the chain secure significant savings on both direct and indirect categories — including snow plowing services — and drove efficiencies across the entire supply chain.

  • Report: Tower Three divests remaining stake in Restoration Hardware

    New York -- A report by Wall Street Journal revealed that private equity investor Tower Three Partners will sell its final 3.9 million shares in Restoration Hardware Holdings, marking an exit for the buyout firms that acquired the home furnishings retailer in 2008.

    Restoration Hardware’s private-equity backers have been cashing out amid a 90% rally in the stock this year, according to the report.

  • Walmart splits with Indian JV partner

    Walmart and its joint venture partner in India, Bharti Enterprises, are parting ways after six years, the companies announced.

    Plans call for Walmart to acquire Bharti’s 50% stake in their joint venture begun in 2007 to operate cash and carry wholesale stores branded as Best Price Modern Wholesale. At the time, that was the only sector of retail where Indian law allowed for foreign direct investment. The first Best Price store opened in 2009 and today there are 20 units spread throughout India.

  • Overstock.com opens fulfillment center in Jonestown, Pa.

    Salt Lake City -- Overstock.com has announced the opening of a distribution center in Jonestown, Pa. The new operation will enable faster fulfillment through state-of-the-art warehouse technologies, while providing room for growth. The new center will fill orders to customers from Maine to Florida within two days.

    Initially, the Jonestown warehouse will bring 15 jobs to the area with additional jobs as the operation grows over the next few years. The company’s primary warehouse will remain in Salt Lake City.

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