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Retail

  • Orvis expands mobile strategy with apps powered by Digby

    Sunderland, Vermont --The Orvis Company has launched iPhone and Android rich apps powered by mobile commerce provider Digby. The apps complement all of Orvis’ cross-channel touch points including retail stores, e-Commerce, catalogs, and a mobile-optimized website, which is also powered by Digby.  

  • OfficeMax launches Google Wallet

    Naperville, Ill. -- OfficeMax Inc. has launched new checkout terminals in more than 100 stores that harness Google Wallet to enable customers to pay, redeem coupons and reap the benefits of OfficeMax's MaxPerks Rewards loyalty program, all with a tap of their mobile phones. The chain is the first national office supply retailer to accept mobile payments through Google Wallet, which is a partnership between Google, MasterCard Worldwide, Citigroup Inc., Sprint Nextel Corp. and First Data Corp.

  • Lumber Liquidators makes strategic supplier acquisition

    Toano, Va. -- Flooring retailer Lumber Liquidators said Friday it will acquire certain assets of Sequoia Floorings in order to strengthen its mill-direct relationships and shore up its long-term sourcing strategies.

    Sequoia, a trading company, had provided product quality and development services on approximately 40% of Lumber Liquidators’ 2010 merchandise purchases, primarily those in Asia.

  • Consumer spending lagged in August

    Washington, D.C. -- A report released Friday by the Commerce Dept. showed that consumer spending in the U.S. slowed in August, impacted by falling incomes and sporadic hiring.

    Commerce Dept. figures showed that purchases edged up 0.2% after a 0.7% increase in July. However, a 0.2% increase in prices wiped out the slight spending gain. Incomes dipped 0.1%, the first decline since October 2009.

  • FacilitySource holds annual Leadership Symposium

    Columbus, Ohio -- Information sharing,  expense benchmarking, innovative technologies, energy management systems, disaster preparedness and international facility management were ranked as the most important agenda topics by attendees at FacilitySource’s 5th annual Leadership Symposium, on Sept. 19-22.

  • Leonard Green, CVC complete BJ's acquisition

    WESTBOROUGH, Mass. — BJ's Wholesale Club officially is owned by Leonard Green & Partners and CVC Capital Partners, just a few weeks after the retailer's stockholders approved the agreement.

    BJ's was required in an all-cash transaction valued at $51.25 per share, or $2.8 billion.

    BJ’s common stock will be delisted from the New York Stock Exchange prior to the opening of business on Monday, Oct. 3, the companies said.

    The deal was announced in late June after months of speculation. BJ’s board of directors unanimously approved the agreement.

  • Nordstrom Rack to open in Temecula, Calif.

    Seattle -- Nordstrom announced plans to open a new Nordstrom Rack in Temecula, Calif.

    The 35,700-sq-ft, store is scheduled to open during spring 2012 at Commons at Temecula, a regional shopping center. It will occupy the former Linens 'n Things space.
     

  • Stop & Shop opens third store in Cranston, R.I.

    QUINCY, Mass. — Stop & Shop is opening the doors of its third store in Cranston, R.I., this weekend, the supermarket chain announced Friday.

    "We value the relationship we have with our Cranston area customers and community partners and are pleased to open another store to help further serve the community," Stop & Shop New England division president Mark McGowan said.

    The new store, which will pursue LEED certification in the coming months, was built with a range of energy-efficient features including:

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