Sales & Marketing

While Kroger has been offering a click and collect service at certain stores for about two years, outside of the Denver market home delivery has not been available. A new service aims to change that for some Kroger shoppers in its hometown of Cincinnati. [Cincinnati Business Courier]

San Antonio, Texas -- X Team International, an international alliance of retail real estate advisors with expertise in more than 45 major markets throughout the U.S. and Canada, announced that it has welcomed San Antonio-based REATA Real Estate as its newest partner.

It was a happy holiday season at Amazon.com where fourth quarter profits more than doubled, sales increased 22% and the company handily surpassed annual sales of $100 billion for the first time.

Amazon.com said its net sales increased 22% to $35.7 billion in the fourth quarter ended Dec. 31, 2015, compared with $29.3 billion in fourth quarter 2014. With a $1.2 billion unfavorable impact from year-over-year changes in foreign exchange rates, fourth quarter sales would have increased 26%.

The eBay platform facilitated commerce of nearly $22 billion in the fourth quarter, a 5% increase, and counted roughly 265 million transactions during the holiday season.

Retailers are continually on a quest to find innovative technologies to help deepen customer engagement with their brand.

Yet, perhaps the most critical part of the buying journey happens when a consumer puts down her device and looks for a human being she can talk with about solving her problem – something that even the most engaging technology can’t provide by itself.

For more than 50 years, retail store planning, construction and facilities executives have gathered for the annual SPECS conference to assess key industry challenges and invent the future. That will be the case again this year, as SPECS focuses on the transformation and evolution of physical stores in a digital age.  

Newark, Del. -- Atlantic Realty Companies announced Main Street Movies 5 has signed an 18,000 sq. ft. lease at Newark Shopping Center in Newark, Delaware.

Main Street will invest $3 million in a full-scale renovation of the existing theater space and expand into the adjacent space. Construction is set to begin in February with a grand opening in August.

Macy’s is looking to inspire shoppers once again this February with promotional events tied to the American Heart Association’s Go Red For Women campaign.