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Supply Chain & Merchandising

  • Nordstrom unveils updated store concept

    Nordstrom opened the doors on Tuesday to its newest full-line store, one that includes new store design concepts and services.   

  • Office Depot makes $1 billion acquisition

    Office Depot took a first step toward its goal of transforming itself from a traditional office products retailer to a broader business services and technology products platform.  

  • Walmart ups same-day delivery capabilities with Big Apple acquisition

    Walmart is determined not to be bested by Amazon when it comes to same-day delivery.   The discounter announced on Tuesday that it has acquired Parcel, a last-mile delivery startup that specializes in delivery of perishable items and general merchandise to customers in New York City. Operating out of a warehouse in Brooklyn, Parcel delivers goods the same-day, overnight and in scheduled two-hour windows, providing customers with live updates via text messages throughout the delivery process.   

  • NRF: Holiday sales to increase 3.6% to 4%

    One of the most closely watched holiday forecasts has good news for retailers.   The National Retail Federation said it expects holiday retail sales in November and December to increase between 3.6% and 4% for a total of $678.75 billion to $682 billion. In 2016, up from $655.8 billion last year. The NRF forecast, which excludes automobiles, gasoline and restaurants, would meet or exceed last year’s growth of 3.6% and the five-year average of 3.5%.   

  • Ace Hardware acquires e-commerce startup

    Ace Hardware Corp. has solidified its relationship with The Grommet.   The Oak Brook, Ill.-based hardware co-op announced the acquisition of new-product platform The Grommet. The online website will continue to find and develop products, and Ace will continue its efforts to make the products available to its dealers.   Financial terms of the deal were not revealed  

  • Fast-fashion retailer to open in D.C. landmark building

    Uniqlo is opening a shop in one of the nation's most historic train stations.    The retailer will open its newest U.S. outpost on Oct. 10, at Union Station in Washington, D.C. It will be located on the main level, adjacent to Amtrak ticketing, and will open at 7 a.m. during the week to serve morning commuters.  

  • Nominations open for most influential women in retail tech

    Who are the leading women working in retail technology? Chain Store Age is accepting nominations for its annual feature recognizing female executives who are helping to transform the retail industry through technology.   The “Top 10 Women in Retail Tech” will celebrate the achievements of retail executives from all areas of technology. The winners will be profiled in a special section of the January 2018 issue of Chain Store Age, as well as in an online report on chainstoreage.com.  

  • Study: Retailers cutting prices to compete with online players

    Online-only retailers may be taking a toll on omnichannel companies, but traditional companies are finding ways to fight back.   This was according to “Brick-and-Mortar Retailers Fight Back: Winning Strategies to Compete with Online-Only Players,” a report from Applied Predictive Technologies (APT).  
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