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  • Prime Power: Amazon’s sales surge ahead of holidays

    Amazon.com’s third quarter sales increased 23% to $25.4 billion and the online retailer and tech giant posted a huge improvement in profitability.

    The company said operating income increased to $406 million in the third quarter ended Sept. 30, compared to an operating loss of $544 million in third quarter 2014. Net income increased to $79 million, or 17 cents a share, compared with net loss of $437 million, or 95 cents a share, the prior year.

  • Four Best Practices to Make the Holiday Season Bright — with Convenience

    With the rise of multichannel retailing and a saturated retail market, today’s customers expect to find the products they want, when they want and in a way that is most convenient to them. Be it via speedy delivery, in-store pickup or traditional store visits, shoppers today want to be connected to their purchases quickly. Retailers that don’t provide such services will be outperformed by competitors that do this Christmas season.

  • Development boom continues on Philadelphia’s North Broad Street corridor

    Philadelphia -- Metro Commercial Real Estate has been named the exclusive listing agent for 1300 Fairmount, located in Philadelphia, steps from the Fairmount Station of SEPTA’s Broad Street Line and bus system.

    The mixed-use project by RAL Development Services, LLC and Amalgamated Bank’s Longview Ultra Fund, will consist of 486 apartments and structured parking above approximately 84,000 sq. ft. of retail space geared towards national and regional retailers.

  • Amazon.com is increasing its holiday workforce by 25%

    Amazon.com is increasing the number of workers it is hiring for the holidays this year to meet an increase in customer demand, revealing a possible shift in the way consumers shop.

    The retailer says it plans to hire more than 100,000 seasonal employees this year. It hired 80,000 seasonal employees in 2014.

  • Havertys sees what’s coming

    When you know what’s coming your way, it’s much easier to make successful plans.

    For this reason, furniture retailer Havertys will deploy the GT Nexus collaborative supply chain management platform to improve supplier and inventory visibility. This, in turn, will allow Havertys to automate procurement processes, including purchase order management, three-way matching and invoice settlement.

  • Amazon fulfillment network far ahead of other retailers

    Keeping track of Amazon's  constantly expanding network of facilities is tough, but one count puts the retailer at having 173 supply chain centers across the globe.

  • Report: Amazon fulfillment center network far ahead of other retailers

    Keeping track of Amazon's constantly expanding network of facilities is tough, but one count puts the retailer at having 173 supply chain centers across the globe.

    According to a new report from ChannelAdvisor, the online giant has 104 North American facilities and 69 facilities outside North America. The total number includes fulfillment centers (FCs,), sortation centers (SCs), redistribution fulfillment centers (RFCs) and "Prime Now" hubs (PNs).

  • Wegmans set to open its 87th store

    Wegmans has confirmed the next location of the family-owned supermarket chain's 87th store.

    The retailer plans to build a store in Lancaster, Pa. The store is expected to be up to 120,000 sq. ft. in size and similar in design to Wegmans’ newest stores.

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