Distribution

Wolverine Worldwide reported profit declines for the second quarter as the retailer shaved the number of stores it plans to close to 120.

Quincy, Mass. – The sell-off of stores from the newly bankrupt Great Atlantic and Pacific Tea Co. (A&P) has begun. The Stop & Shop Supermarket Co. LLC has entered into an agreement with A&P to acquire 25 A&P stores in greater New York for $146 million.

Canton, Mass. – “California, I’ll be knocking on the golden door.” Dunkin’ Donuts executives may find themselves singing these words from the Grateful Dead classic “Estimated Prophet” as the coffee retailer pursues a massive expansion strategy in the most populated U.S. state.

San Francisco - Instacart  is expanding a program that lets some contract workers become part-time employees. The online grocery delivery service is now offering its contractor in-store shoppers in Houston and Austin, Texas, the option of applying for new employee roles with expanded responsibilities.

Dublin, Calif. - Ross Stores has some big plans when it comes to opening new stores. Ross is opening of 19 Ross Dress for Less and eight dd's Discounts stores across 15 different states in July.

These new locations are part of the off-price retailer's 2015 expansion plans to add a total of approximately 90 stores during the year, including 70 Ross and 20 dd's Discounts. Ultimately, the retailer believes Ross Dress for Less can grow to 2,000 locations and dd's Discounts can become a chain of 500 stores

Hangzhou, China - Alibaba Group is providing the Chinese arm of a major global CPG company direct access to the Chinese consumer market. Alibaba and Unilever China are launching a comprehensive strategic partnership focused on areas including rural China penetration, cross-border e-commerce, Big Data-driven advertising, and supply chain optimization.

This agreement builds on a partnership that started five years ago with a single Tmall store. Through this strategic partnership, Alibaba Group and Unilever China will work together to:

Montvale, N.J. – The rumors are true. As expected, the Great Atlantic & Pacific Tea Company Inc. (A&P) has filed for Chapter 11 bankruptcy.

In a brief statement on its website, privately held A&P says it has secured financing of $100 million and voluntarily filed for chapter. A&P has also entered agreements to sell 120 stores for $600 million and will close more of its 296 stores in the near future.

Northeast grocery chain A&P may not have been able to make a go of it, but other retailers are already looking to capitalize on the failed supermarket's real estate holdings. 

Cincinnati — The Kroger Co. is sustaining efforts to be more environmentally sound and humane in its business practices.

The grocery giant released its 2015 sustainability report, which included 33,000 tons of waste recycled at 1.061 stores in 2015, a 12% year-over-year increase.

Other highlights from the report include:

New York -- Ollie’s Bargain Outlet raised $143 million in a wildly successful initial public stock offering that positions the company for steady expansion of its 181 unit store base beyond core markets.

Ollie’s co-founder and CEO Mark Butler told Retailing Today that although the company has identified 950 suitable store locations, proceeds from the IPO will be used to repay debt and the company will maintain a measured pace of expansion.