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Omnichannel

  • Who is cheaper: Costco or Amazon?

    A new market study finds that Costco Wholesale Club's online prices are lower than Amazon's -- and not by an insignificant amount.

  • Minny Penney’s to become an ‘athletic resort’

    The J.C. Penney store in Edina, Minnesota, with little movement in the aisles is about to see a lot more action.    Simon has announced that the 120,000-sq.-ft. space at its Southdale Center will close and be replaced by a Life Time ‘athletic resort.’ The company runs 123 centers in the U.S. promoting healthy eating and exercise regimens. Centers are one-stop fitness shops offering tennis, swimming, basketball, and yoga along with weight loss and nutrition education.  
  • Panera on pace to hit $1 billion in digital sales this year

    The chain, which is known for its signature soups, sandwiches and salads, is slated to report digital sales well above $1 billion on an annualized basis. The chain is on track to be twice as high in two years, according to CNBC.  
  • U.K. sporting goods chain acquires two U.S. retailers

    Sports Direct, the largest sporting goods retailer in the United Kingdom, has expanded its presence in the United States.   The company announced that it has completed its acquisition of Bob's Stores and Eastern Mountain Sports. It will initially operate a total of some 50 stores in the Northeast and five EMS outdoor adventure schools, along with e-commerce sites for both brands.   
  • Regional grocer offers delivery

    Wegmans Food Markets is jumping into the on-demand delivery game.   Through a new partnership with Instacart, the regional grocer now offers one-hour grocery deliveries. The service is currently available in select locations in Virginia, however, the supermarket chain is preparing to launch the program in Maryland, Boston, Southern New Jersey, and Southeastern Pennsylvania, according to Wegmans.  
  • Luxury department store retailer shelves sale

    Neiman Marcus Group is going it alone — at least, for now.

  • Amazon in new rewards program for Prime

    Amazon is giving shoppers another reason to sign up for Prime—and a reason not to use credit cards.   The online giant is launching a new program, called Amazon Prime Reload, that allows Prime members to earn 2% bonus every time they reload their Amazon gift card balance with cash from their checking account and debit card. The bonus is given in the form of rewards that can be used to make purchases on Amazon.   
  • Best Buy to rent electronics

    An electronics giant might is eyeing a program that could give it a leg up on online rival Amazon.  
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