News

Albertsons Cos., venture capital fund partner to grow emerging technologies
Albertsons Companies and venture capital firm Greycroft are teaming up to develop innovative companies by leveraging each other’s strengths.
NRF: Upping the tariff will only increase harm that will be done
The White House’s announcement that it will consider imposing a tariff of 25% rather than 10% on $200 billion in goods from China drew an immediate response from one of the nation’s leading retail organizations.

Jamba Juice acquired by fast-casual giant

Focus Brands Inc. has added another brand to its expanding portfolio.
Brookstone closing stores; files Chapter 11—again

Troubled specialty gift retailer Brookstone Inc. has lowered the ax on its mall stores.
Done deal for Walmart Brazil

Global private equity firm Advent International has acquired a majority stake in Walmart Brazil.
Vitamin Shoppe names new merchandising, marketing chief

A retailer that specializes in nutritional products tapped a 30-year retail veteran to head up its merchandising and marketing efforts.
Publix’s Q2 earnings rise amid lower tax rate and new accounting rule

Publix Super Market’s sales and earnings rose in the second quarter despite a calendar shift in the timing of the Easter calendar.
Seritage Growth Properties gets $2 billion financing from Berkshire Hathaway

A real estate investment trust that was spun off from Sears Holding Corp. has secured new financing from an early investor.
Kidbox launches private-label lines, and new ‘box’

A children’s clothing-in-box company is launching new apparel options — just in time for back-to-school season.
Online marketing execs frustrated job-wise

A good number of digital retail marketing leaders are looking for new jobs.
Kroger reportedly considering extending Visa ban

The Kroger Co. is at odds with Visa over swipe fees.
Furniture company files for bankruptcy—again

The parent company of furniture brands including Thomasville & Co. and Broyhill has filed for bankruptcy protection.