Skip to main content

Distribution

  • Overstock wants customers to eat their fresh fruits and veggies

    Salt Lake City – Overstock.com is expanding the availability of fresh fruits and vegetables for its customers. The off-price e-commerce retailer already makes fresh farm-grown produce available to nearly half of Americans through its online farmers market store, which serves customers in 35 states.

  • Four Trending Retailers to Watch

    New York -- Blue Apron. Dollar Shave Club. Real Real. Honest Company. All start-ups, all relative newcomers to the retail scene,  and all generating big buzz and sale increases — enough to place them among the top 20 fastest-growing e-retailers in a recent survey. What’s more, they are all pure players (at least for now).

    Here’s a brief snapshot of these four up and comers:
     

  • NRF: Back-to-school demand boosts imports

    Washington, D.C. – Kids may be unhappy about back-to-school season, but importers are surely thrilled.

    Import cargo volume at the nation’s major retail container ports is expected to increase 7.3% in July 2015 month from the same time last year as retailers stock up for the busy back-to-school season, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates.

  • Alibaba stays busy with e-commerce partnerships

    Hangzhou, China – Nobody can accuse Alibaba Group Holding Ltd. of sitting back and resting on its past success.

    The global e-commerce giant is constantly making investments and launching new businesses, and in the past 24 hours has made two new business moves of significant interest to its online retailing competitors.

  • Phillips Edison buys trio of grocery-anchored centers

    Photo: Central Valley Marketplace, Ceres, California

  • Venture completes three anchor leases across Texas

    Dallas -- X Team International announced that partner Venture Commercial Real Estate completed three retail anchor leases for landlords and tenants, totaling 110,000 sq. ft. across Texas.

    Walmart signed a ground lease to build a 42,000-sq.-ft. Walmart Neighborhood Market store at the site of a former Brookshire Brothers at 1030 N. University Drive in Nacogdoches.

    Hobby Lobby signed a lease to open a 50,200-sq.-ft. store at 2200 S. Loop 256 in Palestine.

  • Acquisition creates discount giant

    Chesapeake, Va. -- It’s a done deal.

    Dollar Tree announced Monday that it has completed its $8.5 billion acquisition of Family Dollar Stores.

    Gary Philbin, 58, formerly president and COO of Dollar Tree, has been named to the same position at Family Dollar, effective immediately. In his new role, Philbin will continue to report to Bob Sasser, CEO of Dollar Tree.

  • Report: Sycamore Partners puts Belk on shopping list?

    Charlotte, N.C. – Family-owned Belk Inc., which hired Goldman Sachs in April to explore “strategic alternatives,” may have landed on a high-end shopping list. According to Reuters, New York-based equity firm Sycamore Partners may be considering bidding $3 billion to $3.5 billion for Belk.

    Belk operates about 300 stores and averages about $4 billion in annual sales. In the first quarter of fiscal 2015, Belk reported earnings of $21.8 million and sales of $958 million, both of which were year-over-year improvements.

  • Conn’s is on the move through the South

    Specialty home goods retailer Conn’s continues to expand outward from its home state of Texas with several recent openings in key markets pushing the company toward its ambitious 2015 growth plan.

    Conn’s currently operates 90 stores and earlier this year announced plans for between 15 and 18 new stores. Over the July 4 weekend the company added two store in North Carolina, a 46,000-sq.-ft. store in Charlotte and a slightly smaller 43,000-sq.-ft. store in Gastonia.

  • Dollar Tree just created the nation's biggest dollar store chain

    Dollar Tree's yearlong takeover saga, in which the retailer's offer to buy Family Dollar prompted a separate buyout attempt from Dollar General, is finally over.

    Dollar Tree Inc. announced that it has completed its $8.5 billion acquisition of Family Dollar Stores Inc. Dollar Tree also named a new president and COO of Family Dollar. The combined company will operate about 13,000 stores, making it the largest dollar store chain in the U.S. by store count. 

X
This ad will auto-close in 10 seconds