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Supply Chain & Merchandising

  • Phillips Edison buys Chicagoland center

    Phillips Edison & Company has acquired a center anchored by Mariano’s grocery in the Chicago suburb of Hoffman Estates.   The 159,443-sq.-ft. Hoffman Village was left two-thirds vacant when Dominick’s closed in 2011, but the emergence of Mariano’s Fresh Market, owned and operated by Roundy’s, returned occupancy back to 94%, according to former owner NewQuest.  

  • Target ups holiday hiring by 40%

    Target Corp. announced a major investment for the holiday shopping season.    The discounter said it plans to hire approximately 100,000 employees for the upcoming holiday season, which is up about 40%.    Additionally, Target will hire 4,500 workers at the company’s distribution and fulfillment centers to replenish products to stores and fulfill digital sales throughout the season.   

  • Amazon rings up $500,000 in grocery sales in one week following Whole Foods Market deal

    It only took seven days for Amazon to begin reaping the benefits of its acquisition of Whole Foods Market.  

  • Nordstrom edging closer to going private

    One of the nation's best-performing department stores retailers may soon be out of the public arena.    Nordstrom family members are close to selecting Leonard Green & Partners to help fund a buyout of their namesake department store, reported CNBC, which cited people familiar with the matter.  

  • Report: Walmart reorganizing U.S. store ops

    Walmart is simplifying its U.S. business as it looks to respond more quickly to the accelerating pace of change in the retail industry.   The discounter is consolidating its six divisional groups into four and its 44 U.S. regional groups to 36, reported Bloomberg.   

  • Nordstrom debuts service-focused store with no inventory

    As retailers consider how to best use their physical spaces in a digital world, Nordstrom is going "local," debuting a small-format retail concept that offers all sorts of personal services, but has no dedicated inventory.   

  • Online giant preps for Indian version of Prime Day

    Amazon is getting ready to host its fourth-annual flagship sale in India.   The online giant is gearing up for its “Great Indian Festival,” an event similar to Amazon’s Prime Day sale. Amazon is banking on the sale’s deep discounts, exclusive merchandise and buyback offers to attract new customers, according to Live Mint.  

  • Walmart pledges up to $30 million in hurricane relief, Target raises commitment

    Walmart is stepping up its hurricane relief efforts.   The discount giant announced that it will donate up to $10 million in additional support for 2017 hurricane relief efforts in the United States, a move that will bring Walmart’s total commitment to hurricane relief efforts this year to $30 million. This additional support comes on the heels of donations already provided in response to Hurricane Harvey that hit the Gulf region less than three weeks ago.  
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