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  • Consumer electronics retailer to close all stores

    The going-out-of-business sales have started at Hhgregg.   The bankrupt retailer began liquidating its assets on Saturday, April 8, after failing to find a buyer. The chain said it expects to close all of its 220 stores by the end of May.  

  • Stage Stores closes Gordmans deal

    Stage Stores is officially adding Gordmans stores to its portfolio.   Stage Stores closed on its previously announced acquisition of selected assets of Gordmans Stores, the Omaha, Nebraska-based department store chain that filed for Chapter 11 on March 13.   

  • Convenience store giant makes $3.3 billion acquisition

    7-Eleven has accelerated its U.S. expansion by entering into the largest acquisition in its history.    The c-store retailer has agreed to buy the Sunoco chain of gas stations, which includes some 1,108 convenience stores located in 18 states, for a reported $3.3 billion.   

  • Ace Hardware subsidiary names new leader

    Ace Wholesale Holdings has appointed a new executive to drive the company’s ongoing expansion.   Mark Spanswick was named president and general manager of Ace Wholesale Holdings LLC, a subsidiary of Ace Hardware Corp.   

  • Electronics e-retailer offers post office deliveries in Canada

    Online shoppers are demanding more flexibility and control in their delivery experiences — and Newegg is responding.   The electronics e-retailer now enables its Canadian shoppers to ship purchases to more than 6,000 Canada Post retail post offices. Newegg created the program through a partnership with air freight shipping company Purolator International and Canada Post.   

  • Specialty footwear giant to shutter hundreds of stores amid Chapter 11 filing

    Payless ShoeSource filed for Chapter 11 bankruptcy protection amid growing competition from off-price retailers and online.

    The retailer, which has some  4,400 locations in more than 30 countries, plans to immediately close nearly 400 stores in the United States and Puerto Rico as it attempts to boost its balance sheet and restructure its debt load.

  • Report: Walmart seeks to build big new DC in its hometown

    Walmart is looking to expand its logistics capabilities.   The discounter  recently submitted plans to city planners In Bentonville, Ark,  for a 1.27 million-sq.-ft. distribution center, according to a report by Talk Business & Politics-Northwest Arkansas Business Journal.  

  • Dollar General acquires small chain

    Dollar General is set to grow its already considerable footprint through an acquisition.   The discounter will acquire all 323 stores from Dollar Express, according to the Charlotte Observer.    
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