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  • Amazon plans for second Jacksonville DC

    The Sunshine State will gain another Amazon fulfillment center.   On the heels of its recent announcement to open a new warehouse in Jacksonville, Fla., the retail giant is planning to open a second facility in the same city, and employ an additional 1,000 workers. Jacksonville’s first fulfillment center was announced six months ago.   

  • Study: Returns process remains flawed

    Retailers’ returns policies are critical factors in consumers' purchasing decisions. But many consumers are far from pleased with their experience.    This was revealed in Voxware’s third biennial report, which highlights why consumers return items purchased online or by phone and how their experiences with the returns process affects their future intentions to shop with retailers.  

  • Amazon fulfillment service grew more than 50% during holiday season

    The Amazon Marketplace, an online mall that that allows third-party sellers to reach customers around the world, hit big milestones during the holiday season.  

  • Sears announces new round of store closings

    Sears Holdings’ store portfolio continues to shrink.   The struggling retailer told employees on Tuesday that it will close 30 Sears and Kmart stores in early 2017, reported Business Insider.  

  • Off-price retailer acquired with eye to expansion

    Private-equity firm Warburg Pincus has agreed to acquire Gabriel Brothers (Gabe's) from Alvarez & Marsal Capital.   The terms of the transaction were not disclosed.  

  • Specialty outdoor retailer in new sustainability milestone

    REI continues its efforts to lead on sustainable operations.    The retailer’s newest distribution center, in Goodyear, Arizona, has achieved LEED (Leadership in Energy & Environmental Design) Platinum certification — the highest level in the U.S. Green Building Council’s green building rating system — making it the first DC in the U.S. to achieve both LEED Platinum certification and Net Zero Energy.     

  • Destination Maternity to be acquired by French company

    French children’s clothing company Orchestra-Premaman SA has won its battle to acquire to acquire Destination Maternity Corp.    The deal calls for Orchestra to acquire Destination Maternity for about $7.05 a share, valuing the U.S. retailer at about $100 million according to its share count.  

  • Walgreens Boots Alliance and Rite Aid agree to sell 865 Rite Aid stores to Fred’s Pharmacy

    Walgreens Boots Alliance and Rite Aid have entered into an agreement to sell 865 Rite Aid stores and certain assets related to store operations to Fred’s for $950 million.   The transaction is subject to Federal Trade Commission approval, the approval and completion of the pending acquisition of Rite Aid by Walgreens Boots Alliance, and other customary closing conditions.  
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