Retail

Ann Inc. may be in talks with at least two potential buyers, according to a report this month from Bloomberg.

The $1.6 billion owner of the Ann Taylor and Loft women’s clothing stores said in an October regulatory filing it planned to review strategic options and that it is working with JPMorgan Chase & Co.

Amazon is expanding its same-day delivery service not just to all of Manhattan, but to other New York City boroughs as well, with unknown implications for the retail industry.

The e-commerce giant won't say, but it will say it has expanded its Prime Now same-day delivery service out of Manhattan for the first time and into select neighborhoods in Brooklyn.

The service allows Amazon Prime subscribers in neighborhoods such as Brooklyn Heights, Fort Greene and Prospect Heights to get free delivery on a limited selection of goods within two hours of ordering.

Montreal - Dollarama Inc. has named Elisa D. Garcia, executive VP and chief legal officer of Office Depot Inc., as an independent director and member of the Nominating and Governance Committee. Garcia’s appointment expands the corporation’s board of directors to 10 directors, seven of whom are independent.

Omnichannel commerce is exposing organizations as "legacy channel impaired." Customers don’t talk about and don’t care about channels. Customers care about engagement, information, value, product and service. Channels are a frame we’ve used to organize around and operate in an increasingly disruptive environment. What started as a fear of cannibalization has evolved into an opportunity for augmentation, as digital and physical convergence accelerates across categories and formats.

Seattle -- Nordstrom Inc.’s fourth-quarter net income fell a lower-than-expected 4.9% to $255 million, down from $268 million a year earlier, even as its same-store sales topped expectations. The profit decline came amid higher costs, including those related to tech upgrades and its acquisition of Trunk Club, and increased promotions at Nordstrom Rack.  

RadioShack has received court approval for its plan to sell the leases to more than 1,100 stores that it will close by the end of February, according to Reuters.

Denver - The Finish Line’s Running Specialty Group (RSG) division, which operates 70 stores, is adding the two-store, Utah-based Striders running company to its national network.

RSG operates in 16 states and the District of Columbia under a variety of banners.

Striders was founded in 2004 by John and Kristin Wojciechowski, who will now join RSG in senior advisory roles and will focus on developing community initiatives to enhance the customer experience.

Charlotte, N.C. – Nothing succeeds like success, and 300-plus-store department store chain Belk Inc. took a previously successful TV holiday campaign and modernized it for the omnichannel era, with impressive results.