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  • Ikea expanding in the Southwest

    Ikea on track to make its Nevada debut this spring.

    The home furnishings retailer will open a store in Las Vegas, on Wednesday, May 18. It will be the Swedish company’s first location in Nevada, and 42nd in the United States.

    The 351,000-sq.-ft. Las Vegas Ikea is being built on 26 acres along the northern side of the 215 Beltway at Durango Drive, near Sunset Road.

    The store will host Nevada’s largest single-use retail rooftop solar array, consistent with the solar presence at 90% of its U.S. locations.

  • Newegg says ‘eh’ to same-day pickup

    Soon Canadian technology enthusiasts will have a new, faster option for fulfilling online purchases.

    Digital computer and electronics retailer Newegg is opening a physical pickup center at its warehouse in Vancouver. In September 2015, Newegg sought to decrease the time and cost associated with order fulfillment to customers in Western Canada with the opening of its Vancouver warehouse.

    Adding the pickup center now gives customers in the Vancouver area the chance to fulfill their orders the same day, with no delivery fee.

  • How retailers can win with omnichannel returns

    Customers’ heightened expectations for a seamless experience are creating new profit pressures for retailers, including coping with increased return volumes. Shedding light on the new supply chain challenges associated with executing an omnichannel strategy is a new series of whitepapers from reverse logistics leader Genco. Learn more.

  • Ahold, Delhaize shareholders approve grocery merger

    Ahold shareholders have overwhelmingly approved the company`s proposal to merge with Delhaize Group.

    Ahold is buying Delhaize for $11 billion in a deal announced last year that will create one of the largest food retailers on the U.S. East Coast, as Ahold operates Stop & Shop and Delhaize operates Hannaford and Food Lion.

  • Hibbett Sports strikes out in Q4

    Weather related closures and tax refund delays hit Hibbett Sports hard in the fourth quarter, as the retailer posted a drop in same store sales.

  • Amazon takes to the air with fleet of Boeing jets

    It’s not drones, but Amazon.com has found a new way to make quicker deliveries via air. According to the Wall Street Journal, Amazon is leasing 20 Boeing 767 freighters as part of a deal with air cargo provider Air Transport Services. The agreement is intended to supplement Amazon’s existing delivery network. Amazon also purchased thousands of its own branded tractor-trailer trucks in December 2015. [Wall Street Journal]

  • Party City parties on in fourth quarter; plans to expand

    Party City on Thursday posted an increase in same-store sales and profit for the fourth quarter and said it is on track to expand its footprint this year.

    But it also cautioned that sales may slow.

    Party City reported a profit of $86.5 million for the fourth quarter ended Dec. 31, up from $79 million a year earlier. On a per-share basis, earnings declined to 72 cents from 83 cents.

    Total revenue slipped 2.8% to $781.5 million. Same-store sales increased 2.8%, fueled by a strong Halloween season.

  • Ross continues expansion

    Ross Dress for Less has added three new locations to its growing portfolio.

    The retailer opened two 25,000-sq.-ft. stores in Wisconsin on March 5, including one in Milwaukee, at the Point Loomis Shopping Center. The second store is in Oshkosh, at the Market Fair Shopping Center.

    In addition, Ross opened a 30,000-sq.-ft. store in Fountain Valley, California, at the Costco Center. Including the new location, Ross now operates 276 stores in California, its largest state.

  • Survey: The leading cause of fulfillment error is…

    Retailers looking to place blame for problems with inventory or fulfillment may want to find a target besides their IT systems.

    According to a new survey of 200 retailers from inventory management technology provider Stitch Labs, two-thirds (63%) of inventory or fulfillment issues are caused by human error from manual process management. Delayed shipment from suppliers causes another 15% of inventory and fulfillment difficulties, with faulty technology only responsible only 12.5% of the time.

  • Publix expands in North Carolina

    Publix Super Markets is entering the eastern portion of the North Carolina market.

    Publix will be coming to Greenville Square, a 150,000-sq-ft center, formerly anchored by K Mart, which will be completely renovated with a new façade, parking lot, lighting package and landscaping. The 49,000-sq-ft Publix will open in 2017 along with several new national, regional, and local tenants.

    Brodyco is the developer for the partnership of David Brody, Hyman Brody, and Robert Beller, who purchased Greenville Square in 2005.

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