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Omnichannel

  • Amazon in big supply deal with U.K. grocer Morrisons

    Amazon is about to launch its biggest venture into food outside of the United States.

    The online giant will deliver groceries to Amazon Prime Now and Amazon Pantry customers in the United Kingdom under a new wholesale supply deal it has struck with Morrisons, the U.K.’s fourth-largest supermarket chain.

    Under the arrangement, Morrisons will supply fresh, frozen and non-perishable goods to Amazon customers, starting later this year.

  • Wayfair brings digital expertise to an old-fashioned channel

    Online retailer Wayfair Inc. is putting a digital spin on that most traditional of selling vehicles: the paper catalog.

  • More good news for J.C. Penney

    J.C. Penney on Monday received an official vote of confidence in its performance: an improved credit rating.

    Fitch Ratings upgraded Penney’s credit rating, saying the department store retailer has “demonstrated a meaningful turnaround of its business over the last over the last two years.” Fitch upgraded Penney from B- to B with a positive outlook.

  • Salt Lake City retail and entertainment center to undergo $30 million revitalization

    Salt Lake City -- Vestar, in a joint venture with funds managed by Oaktree Capital Management, announced that it has acquired a 623,205 sq. ft. open-air retail and entertainment center within The Gateway located in downtown Salt Lake City.

  • Regional grocer offers the personal touch

    Niemann Foods, a 100-plus-store independent supermarket chain headquartered in Quincy, Illinois, is individually engaging customers wherever they are.

  • Foot Locker runs away with record sales, profit

    The CEO of Foot Locker credits the company's revised strategic framework with single digit sales gains and double digit earnings gains in the fourth quarter.

    For the period ended Jan. 30, Foot Locker reported net Income of $1.14 Per Share, a 13% increase from the prior year quarter. Earnings per share were $1.16, 16% above last year. Same store sales increased 7.9%. 

  • The X Factors

    One of the most exciting and rewarding things about being part of a tightly integrated national network of retail brokerages is the degree to which that network can serve as a resource unto itself. Fellow professionals from around the country and the world can engage in knowledge sharing about market-specific forces, industry observations and invaluable perspective about the changing face of the industry.

  • J.C. Penney reports strong Q4 sales; debuts 'Penney Days'

    J.C. Penney continues to be a bright spot in the retail sector with impressive increases in same-store sales and earnings, as well as a new marketing campaign that is generating a lot of buzz.

    On Thursday, the retailer announced that same store sales grew 4.1 % for the fourth quarter ended Jan. 30. A combination of strong sales growth, accelerated gross margins and disciplined expense reduction resulted in full year adjusted EBITDA of $715 million, a $435 million increase.

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