News

Shoptalk, the next-gen retail and e-commerce event, will kick off its 2017 event with 50 speakers on Sunday, March 19, including the VP of Amazon Prime Now, Stephenie Landry.   Sunday’s content will also include a startup pitch contest with significant cash prizes.   Shoptalk take place at the Aria, Las Vegas, March 19-22.   

Ulta Beauty on Thursday reported a stellar fourth quarter that shows why many consider it one of the hottest retailers in the United States.      The beauty products retailer also said it would open approximately 100 net new stores in 2017, and remodel 13 locations.           Ulta Beauty’s net income for the quarter, ended Jan. 30, surged 30% to a better-than-expected $140.2 million, from $107.8 million in the year-ago period.  

It’s a done deal.   Private investment firm CriticalPoint Capital on Thursday that it has completed the acquisition of JackRabbit and its respective stores from The Finish Line.   The acquired company, its stores and e-commerce platform will continue to operate under the JackRabbit brand. At the end of 2016, there were 65 JackRabbit and JackRabbit-affiliated stores in 18 states.    

RadioShack Corp. filed for Chapter 11 bankruptcy protection, its second filing in just over two years.   The electronics retailer said it would close approximately 200 stores, and evaluate options on the remaining 1,300 locations.      General Wireless Operations Inc. acquired the then-bankrupt RadioShack in April 2015, with a plan to turnaround the struggling company by co-branding the bulk of the stores with wireless carrier Sprint.   

Six months after launching home delivery, Meijer is expanding its breadth.   The grocery and general merchandise retailer is getting ready to offer home delivery across its six-state footprint, starting with Grand Rapids, Michigan on March 29, and Fort Wayne and Indianapolis, Indiana in April. Meijer also plans to continue rolling out the service to major markets in Michigan, Illinois, Indiana, Ohio, Kentucky, and Wisconsin, the grocer said.   

Target Open House in San Francisco has opened its doors after a seven-week renovation inspired by feedback from visitors and entrepreneurs.    

Digitization continues to take a foothold in supply chain, especially through the expansion of big data and the Internet of Things (IoT).   While innovation ranked highly, not all shippers have the same needs, according to “3PLs are Buzzing with Innovation: Bridging the Gap Between 3PLs and Shippers,” a report from JDA and SCDigest. The report tapped more than 100 shippers and 3PLs and reveals innovation from the perspectives of both shippers and logistics companies.  

A former executive at Gander Mountain has joined Jo-Ann Fabric and Craft Stores.    The retailer has appointed Jeff Csuy as senior VP, general merchandise manager, fabric and sewing. He will report to Sharyn Hejcl, Jo-Anne’s executive VP, chief merchandising officer, as he “leads the fabric and sewing team to drive innovation while putting the customer first in all decisions,” Hejcl said.