News

Kantar Retail: Lidl to generate nearly $700 million in sales by the end of 2018
Lidl makes its long-awaited U.S. debut on June 15, opening the first three of 20 stores it plans to open this summer across Virginia, North Carolina and South Carolina. Mike Paglia, retail director of Kantan Retail, offers the following insights on the grocer's prospects in the United States:
Update on Walgreens-Rite Aid merger
There's been another development in the planned Walgreens Boot Alliance and Rite Aid merger.

Online jeweler snags former Target exec as CEO

Blue Nile has a new chief executive. Jason Goldberger was named the online retailer’s new president and CEO. He will replace Harvey Kanter, who will remain on the company’s board as chairman.
Fast-food giant turns to Snapchat to attract millennial job seekers

McDonald’s is leveraging a hot app to encourage teens to join its workforce. The fast food giant is embarking on an aggressive summer hiring spree that aims to employ 250,000 restaurant employees across more than 14,000 restaurants operating in the United States. Eager to get the attention of millennials — its sweet spot — McDonald’s is taking a new approach.
Robots, humans to staff online giant's new fulfillment center

Amazon’s newest distribution center will use robotics to streamline operations. The online giant plans to open its second Colorado fulfillment center in Thornton. This will be the first Amazon Robotics facility in the Centennial State.
Aldi accelerates store expansion as supermarket wars heat up

A German discount grocer has set its sights on becoming the third-largest American food retailer by store count, behind Walmart and Kroger.
Robots & Retail: Going beyond the supply chain

Retail has historically been one of the most technically advanced industries, particularly in warehouses and the last mile. The industry is no stranger to automation as fast and efficient supply chains are the foundation of a strong retail operation in a competitive environment. Over the past few decades, increasing automation at the supply chain level has directly impacted both revenue and the bottom line.
Mills Fleet Farm names new CEO

Mills Fleet Farm has ended its hunt for a CEO. The Midwest retailer announced the appointment of Derick Prelle as president and CEO succeeding Wayne Sales, who has been serving as interim chief since January 2017. Sales was given the position following the departure of Duncan MacNaugton, who left to become president and COO of Family Dollar.
Children's clothing retailer files for bankruptcy; store closings loom

Gymboree has filed for Chapter 11 bankruptcy protection. The retailer announced the filing, which had been expected, on Monday morning. The chain said it has partnered with AlixPartners to assist with turnaround efforts.
French retail giant names new CEO

One of the world's largest retailers has appointed a new chief executive as its looks to catch up with the online revolution and shore up its home performance. Carrefour has named Alexandre Bompard, 44, as its new chairman and CEO, effective July 18, ending an eight-month search. He succeeds Georges Plassat, who has served in the top position at the hypermarket retailer, which operates more than 11,900 stores in over 30 countries, since 2012.