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  • Home furnishings giant completes another solar project

    Ikea has completed the installation of one of the largest solar rooftops in Ohio.   The solar panel installation is atop the retailer’s future store in Columbus, Ohio, due to open in summer 2017. The 213,000-sq.-ft. solar array consists of a 1.21 MW system, built with 3,546 panels, and will produce approximately 1,447,700 kWh of electricity annually for the store, the equivalent of reducing 1,017 tons of carbon dioxide (CO2).  

  • Walmart debuts updated Neighborhood Market format

    Walmart is going on the offense as German grocery giant Lidl prepares to enter the United States this summer.   The discounter has rolled out a new prototype for its Neighborhood Market grocery-store concept in a handful of markets nationwide.   

  • Furniture retailer adopts poison pill

    Rent-A-Center Inc. has taken action to reduce the likelihood that an investor gains unsolicited control of the company.   The nation's largest rent-to-own operator has adopted a stockholder rights plan, or a so-called poison pill, that would become exercisable if a group buys 15% or more of its outstanding shares.  

  • Supermarket retailer taps 24-year-company veteran to head real estate

    A Publix Super Markets associate who started his career with the company as a part-time meat cutter has been named VP of real estate strategy.   Publix promoted Bob Balcerak to the top real estate post, effective April 3, 2017. As VP, he will oversee the selection of new sites and management of leased properties for Publix stores.     

  • Supreme Court decision a win for large retailers

    The way has been cleared for retailers to challenge swipe fees in the coming years.    The Supreme Court on Monday declined to reinstate a class-action lawsuit settlement that would have blocked merchants from challenging Visa and MasterCard over credit card swipe fees.    

  • Sporting goods retailer taps Walmart exec as COO

    Sportsman's Warehouse has named Jon Barker president and COO, effective March 31.   Barker, who holds 25 years of retail experience will direct the marketing, supply chain, operations, compliance and technology functions for Sportsman's Warehouse, and will also lead the expansion of the company's e-commerce business.   

  • Legislative Spotlight: Rough Road Ahead for Retailers

    The failure of President Trump and the Republicans in Congress to repeal and replace the Affordable Care Act was shocking enough for business owners but it is the road ahead that should give operators some real heartburn.  

  • Report: Amazon to buy Middle Eastern online retailer

    A new deal could give Amazon a foothold in the Middle East.   Amazon has agreed in principle to buy Souq.com, a leader in the Middle East's online shopping market, according to a report in Reuters.   

  • Meijer expands in Indianapolis

    Meijer continues to expand its presence in the Indianapolis area.   On May 2, the retailer will open two supercenter in McCordsville, Ind., and one in Franklin, Ind.   The Indianapolis-area supercenters are two of seven new stores Meijer is opening in Indiana, Michigan and Wisconsin this year.  

  • Dunkin’ Brands begins hunt for new CFO

    The parent company of Dunkin' Donuts and Baskin-Robbins announced that Paul Carbone, CFO, is leaving the company effective April 21, 2017.  

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