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  • South African-based retail giant enters U.S. with $3.8 billion acquisition

    A company relatively unknown outside its home base has entered the U.S. retail market in a deal to acquire Mattress Firm Holding Corp., the largest mattress retailer in the United States.   
  • Another first for Amazon

    In its ongoing quest to speed up delivery for its customers, Amazon has unveiled its first “Prime Air” branded delivery plane.   The plane is a Boeing 767-300, owned and operated by Atlas Air, that has been converted into a freighter. Named Amazon One, the plane is one of 40 that Amazon has agreed to lease through air cargo partners Atlas and ATSG.  
  • Costco's July comps slide 2%

    Costco's comparable sales for the month of July declined 2%, with a 3% decrease in U.S. a 3% rise in Canada and other decreases internationally.  
  • Weis Markets begins aggressive expansion into Baltimore market

    Weis Markets on Thursday announced it has converted and reopened five former Mars Super Markets as Weis Markets stores located in Baltimore County, including two locations in Dundalk and individual units in Essex, Arbutus and Carney.  
  • Ikea eyes second Denver location

    Ikea has tabbed a 123-acre parcel 17 miles north of downtown Denver as the potential site of its second location in the metro. The Swedish furniture retailer made its debut in the area with a store in Centennial in 2011.   Ikea set no time frame for the opening of the second store, though the city of Denver has begun the process of incorporating a new Ikea into the master-planned retail center destined for the site in Broomfield at the intersection of Interstate 25 and State Highway 7.  
  • Lifeway Christian Stores moves to improve operational efficiencies

    Lifeway Christian Stores is upgrading its supply chain management with an eye to reducing inventory and increasing availability.   Reflex Solutions, in collaboration with Columbus Consulting International, is deploying its supply chain software to improve the retailer’s inventory forecasting, replenishment and allocation processes.  
  • Lowe's to open Nashville distribution hub

    Lowe's is amping up its distribution game with a new direct fulfillment center near Nashville.   At a square footage of 1.1 million, the facility will be a Lowe's first in that it will ship packages directly to customers.  
  • Amazon prepares for holiday surge with big uptick in DC openings

    Online retail giant Amazon is not looking for a repeat of holiday 2015, when increased fulfillment costs due to a surge in orders took a bite out of its holiday quarter earnings.   The company is adding 18 warehouse facilities this quarter in preparation for the holiday surge, according to a report by Recode. Last year, it added six.  
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