News

And the world’s most popular department store is…
The big red sign on the Macy’s flagship in New York’s Herald Square bills it as the biggest store in the world. Now a British party wall surveying firm has identified it as the world’s most widely searched department store.
Foot Locker acquires Japan-based athletic retailer for $360 million
Foot Locker is adding yet another brand to its portfolio, this one a global retailer of athletic footwear, apparel and accessories based in Japan.

American company signs agreement to help open outlet centers in India

The Outlet Resource Group, a Chicago-based company that operates eight outlet centers in the United States, is setting out to help introduce the bargain retail segment to India.
Staples opens two new Staples Connect locations

Staples is bringing its reimagined store format that spotlights coworking, podcasting and community event spaces to a new location on each coast.
American Eagle acquires robotic logistics firm for $350 million

American Eagle Outfitters is continuing to transform its supply chain.
Walmart acquires tech to boost conversational commerce

Walmart is making a financial investment to support automated and streamlined communications with customers.
Survey reveals five key consumer grocery trends

A new survey from Blue Yonder uncovers how consumers feel about aspects of grocery retail such as in-store shopping and brand loyalty.
Major mall-owner CBL exits Chapter 11

“This is a huge day for CBL,” said chief executive Stephen Lebovitz, whose company just emerged from Chapter 11.
Cinemas catch fire in October with best box office since February 2020

October was more like Christmas for America’s shut-down and embattled movie theaters.
Pinterest introduces shoppable TV feature

Pinterest keeps rolling out new e-commerce tools.
Former Amazon exec departs GameStop

GameStop Corp. may soon begin the search for a new COO.
Mall of America’s not waiting to look a lot like Christmas

Supply chain problems have retailers and center operators alike expecting an early start to the holiday shopping season, and Mall of America is rounding up its reindeer.