Data & Analytics

Office Depot shareholders approved of the company’s acquisition by Staples in a vote that will prove to be largely symbolic if federal regulators determine a deal involving two direct competitors is not in the best interest of consumers.

Office Depot agreed to be acquired by Staples on Feb. 4 and on June 19 a preliminary vote total showed that 99.5% of shareholders approved of a deal that involves them receiving $7.25 in cash and 0.2188 of Staples stock for each share of Office Depot stock.

Irvine, Calif. — Online menswear retailer Combatant Gentlemen Inc. is seeking to expand one of the fastest-growing segments of its business.

The company has launched The Groom's Suite, an online dashboad offering suits starting at $160 and tuxes starting at $200, to attract budget-conscious brides and grooms who prefer to buy rather than rent.

Aeropostale is losing a key executive and handing over merchandising responsibilities to the company's CEO. 

Cincinnati —The Kroger Co.’s King Soopers division is tapping into consumers’ growing appetite for food delivery and natural and organic products with a new digital initiative.

The company has launched a new website that offers over 36,000 natural and organic products for customers who live in and around the Denver metro area. Every product is free from more than 101 artificial ingredients and preservatives that many customers prefer to be left out of products.

The King Soopers grocery chain is trying to meet rising demand for fresh food delivery with a new digital initiative.

King Soopers, a division of the Kroger Co. has launched an e-commerce website KingSoopers.com/LiveNaturally.

CVS Health is aiming to develop cutting-edge digital services and personalized capabilities that will revolutionize health care, and it's all starting with its new lab in Boston.

The CVS Health Digital Innovation Lab, which is now open, will serve as a vital hub for the rapidly growing digital team at CVS Health, which will remain headquartered in Woonsocket, R.I.

On the heels of big news from rival drugstore CVS this week, Rite Aid says it is expecting its EnvisionRx acquisition to increase the company's annual revenue by as much as 18.6%.

Tokyo -- Alibaba wants to put a robot, specifically one named Pepper, in your home — or store.

The Chinese e-commerce giant and Foxconn Technology Group announced they are each investing $117.8 million in Japanese telecommunications giant SoftBank’s robotics unit, SoftBank Robotics Holding Corp. Softbank will own 60% of the joint venture, with Alibaba and Foxconn each holding ownership stakes of 20%.