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  • Online grocery competition to heat up

    One of the country’s oldest online grocers just secured a major cash infusion to help it expand its services.   FreshDirect has received a $189 million investment, led by JPMorgan Asset Management, that will be used to launch its grocery delivery service in more cities, to expand new business units and incubate others, reported RECode.   

  • Office Depot in deal for its European business

    Office Depot Inc. has agreed to sell its European business to an investment group.   The office-supplies retailer is selling its European operation to German investment firm Aurelius Group.   Office Depot Europe operates more than 100 stores in Europe, under such banners as Viking.  

  • dd’s Discounts expanding into new market

    dd's Discounts, a division of Ross Stores, will open its first store in Colorado on Sept. 24.   The new 20,000 sq. ft. store is located at University Square Plaza in Greeley, Col. It is part of the company's 2016 expansion plan to add approximately 20 dd's locations nationally throughout the year.  With the opening, dd's will operate 193 locations in 15 states.  

  • St. Louis Center sold for $10.6 million

    Springfield, Illinois-based Jared Commercial has acquired the Chippewa Center in St. Louis from an investment partnership controlled by Pace Properties. The purchase price was $10.6 million.   The 147,920-sq.-ft. center is located in the densely populated Shrewsbury neighborhood of St. Louis. Chief tenants are Shop ‘n Save, Value City Furniture, and Dollar Tree.   The deal was brokered for Jared Commercial by Mid-America Real Estate.

  • Macy’s to host first national holiday hiring day

    Macy’s is the latest retailer to announce it will hire roughly the same amount of holiday employees as last year.    This holiday season, the department store giant plans to hire approximately 83,000 associates for positions across its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide.   

  • Report: Holiday hiring reflects online emphasis

    As more retailers announce their seasonal hiring plans, filling omnichannel-supporting roles will be a priority.  

  • Weis Markets in store conversions

    Weiss Markets is expanding its store portfolio.

    The retailer plans to convert 38 Food Lion supermarket locations to Weis Markets stores. Weiss Markets has completed the purchase of 38 Food Lion stores and plans to convert the locations to the Weiss banner by the end of October. The acquired stores are located in the states of Maryland, Virginia and Delaware.

  • Target first out of the gate with holiday hiring plans

    The holiday hiring wars have begun.

    Target Corp. is the first national retailer to announce its holiday hiring plans with the news that it plans to hire 70,000 seasonal store associates. The amount is the same as last year.

    In addition, the discounter plan to hire 7,500 employees to work in its distribution and fulfillment facilities during the holiday season, which is slightly up from last year.

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