News

Ace is the place with the coolest hardware stores
Home Depot and Lowe’s have nothing on four Ace Hardware operators who were recipients of the retail cooperative’s annual “Coolest Hardware Stores’” awards.

The award is quite a distinction considering there are roughly 4,800 Ace Hardware stores worldwide. This year’s honorees included Henkle’s Ace Hardware (Webb City, Mo.), Islands Ace Hardware (Savannah, Ga.), Miner’s Ace Hardware (San Luis Obispo, Calif.) and Rocking R Ace Hardware (Harrisonburg, Va.).
Report: Walmart puts greeters back in front
Walmart is moving its greeters back to the front of the store three years after the retailer moved them to the back.

The Wall Street Journal is reporting that the retailer is experimenting with moving the greeters back to the front of the store in part to deter theft. Walmart is testing the approach in several hundred of its 4,500 or so U.S. stores, the newspaper says.

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Pier I Imports: Omnichannel transformation complete

Fort Worth, Texas -- There was good news in Pier 1 Imports’ first quarter performance, including a 2% increase in same-store sales.

The retailer reported net income of $6.9 million for the quarter, ended May 30, down from $15.1 million in the year-ago period. Its results were in line with expectations.
Is A&P poised for sale?

Montvale, N.J. -- The Great Atlantic & Pacific Tea Co. is actively shopping 137 of its stores, including 10 Food Emporium locations in New York City, according to the New York Post.

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El Corte Ingles expands Grability mobile platform into Portugal

Madrid – Spain-based European department store chain El Corte Inglés will launch a mobile shopping platform for its Portuguese market powered by Grability technology. Since launching Grability in December 2014 for the Spanish retail market, El Cortes Inglés says it has experienced a surge in mobile grocery sales, as well as customer enthusiasm for the new platform.

According to El Corte Inglés executives, Grability has also helped position the company as the most innovative online grocer in the countries it operates.
Borderfree adds 120 markets

New York - Borderfree, provider of international cross-border e-commerce solutions, has expanded its platform to reach more than 220 countries and territories. This expansion of scope includes an additional 120 countries and 15 currencies.

Key emerging luxury markets Borderfree will now sell to include Nigeria and Kazakhstan. Both markets offer opportunities for e-commerce expansion due to increasing smartphone saturation and discretionary spending.

The additional countries will be available to Borderfree customers starting this June.
Plug and Play’s CEO Corner: Will Summerlin, Pinn

Plug and Play brings together retailers and start-ups that offer specific technology and expertise that can relieve merchants’ pain points. Chain Store Age’s Customer Disruption newsletter provides a Q&A with the CEO of one of those companies in each issue. This time, the spotlight is on Will Summerlin of Pinn.

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DirectBuy takes different approach to business intelligence

Membership buying club DirectBuy Inc. takes an unusual approach to retailing. It offers paid members the chance to directly purchase goods from manufacturers and wholesalers, without paying retail markup

So perhaps it is to be expected that 50-plus-store DirectBuy, which also offers online and in-home shopping options to its 250,000-plus members, approaches business intelligence (BI) a little differently, as well.
Corner Bakery Café appoints Pepsi executive as marketing head

Dallas - Justin Lambeth has been appointed as chief marketing officer of Corner Bakery Café.

Lambeth joins Corner Bakery Cafe following several leadership roles at PepsiCo Inc., where he was responsible for marketing, consumer engagement and shopper marketing for the company's Quaker Division as chief marketing officer.

Prior to his work with the Quaker division, Lambeth held the role of VP at Frito-Lay, as well as leadership roles at H.J. Heinz and Nabisco Inc.
Petco partners with Instacart on PetcoNow delivery service

San Francisco - Petco is launching a new on-demand delivery service called PetcoNow, in partnership with Instacart. PetcoNow gives pet owners the ability order from selection of approximately 13,000 Petco products, delivered directly to their door in as little as one hour.
Rent the Runway taps industry vet for key position

New York - Fashion retailer Rent the Runway has hired industry veteran Chris Halkyard as the company's first chief logistics officer, effective Aug. 1. In his role, Halkyard will oversee Rent the Runway's logistics platform, including the company's proprietary reverse-logistics operations and transportation network.
Denny’s launches omnichannel ‘Fantastic Four’ promotion

Spartanburg, S.C. – Denny’s is partnering with 20th Century Fox on an omnichannel promotion for the upcoming movie “Fantastic Four.” The Denny’s Instagram channel will be posting a series of exclusive clips for followers throughout the partnership.