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Latest business news covering the retail industry.

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Adobe: Online sales surge year-over-year in July

E-commerce activity in July slowed down from the prior month but soared from the same month a year earlier. According to the Adobe Digital Economy Index for July 2020, which tracks the state of e-commerce using Adobe Analytics data, online shopping rose 55% year-over-year to $66.3 billion.

Virtual SPECS 2020

Retailers, suppliers connect at SPECS 2020

Retailers from more than 100 retail, restaurant and specialty chains registered to attend Chain Store Age’s annual SPECS show, which took place August 4-6, 2020, in an all-virtual format. At a time of unprecedented industry change and upheaval, SPECS provided attendees with the solutions an

Sur La Table

Sur La Table has avoided liquidation. The nearly 50-year-old kitchenware retailer, which filed for bankruptcy in July and said it would close over 50 of its 121 stores, has been sold for nearly $89 million to a  joint venture between e-commerce investment firm CSC Generation and Marquee Bra

The Castletong Square Mall in Simon's hometown of Indianapolis

Simon Property Group’s mission to re-energize and re-make its malls may have entered a new phase. Already embarked on a plan to become an owner of important tenants such as Brooks Brothers and Lucky brands, the nation’s top mall owner is looking into executing a major omni-channel play to transf

Cumberland Farms store interior

Cumberland Farms has unveiled an in-store addition inspired by European cafes.  The convenience store retailer, which was acquired last year by European c-store operator EG Group, parent company of EG America, opened its first-ever  Farmhouse Fresh To Go concept, in Westborough, M

Forklift

The COVID-19 pandemic is having a major impact on retail imports as retailers cut back on orders amid worries of being overstocked. Imports at major U.S.

Ship Kroger screen

The Kroger Co. is integrating digital marketplace platform Mirakl into its Kroger Ship ship-to-home program. The leading supermarket retailer will offer Kroger Ship customers an extended aisle with more than 50,000 additional products.

J. Crew sign

J.Crew Group has joined Time to Vote, a non-partisan effort led by CEOs whose goal is to increase voter participation. As part of the effort, J.Crew will close all J.Crew and Madewell stores, corporate offices, its distribution center and customer service center for the full day on Election Day,

Simon headquarters

Impacted by the mandated closing of seven properties in California in July, Simon Property Group saw its net operating income drop to $254 million in the second quarter—42% less than the $437 million it took in during Q2 2019.  "We continue to navigate through the challenging times presente

Amazon Project Zero

Amazon is spreading its “Project Zero” anti-counterfeiting program across the globe. Launched in the U.S. in February 2019, Project Zero provides automated and self-service safeguards against counterfeit goods being sold on Amazon’s online stores.

Jack in the Box logo

A fast-food hamburger retailer has migrated its on-premises data centers to Amazon’s Amazon Web Services (AWS) cloud infrastructure. Jack in the Box Inc.

Shopper wearing mask

Recoveries in the department store sector have been stymied by a resurgence in COVID-19 cases leading to a reversal of the positive trends seen in May and June.  That’s according to new data from foot traffic analytics firm Placer.ai.

Chicken Salad Chick storefront

Chicken Salad Chick is bolstering its executive team amid ongoing store expansion. The southern-inspired, fast-casual chicken salad restaurant chain, which was acquired by Brentwood Associates in November 2019,  has more than quadrupled in size since 2016. Chicken Salad Chick has opene

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