News

Food Lion continues remodeling push
Food Lion is making a major investment in store remodels.

The grocer announced it will remodel 142 stores in the greater Charlotte, N.C., market in 2016. Food Lion said it will invest $215 million in the stores, which includes remodeling, additional price investments throughout the year and investments in associates and the community through its Food Lion Feeds initiatives.
AutoZone races to get ready for spring

AutoZone is hiring more than 10,000 employees for its busiest selling season of the year.

The retailer and leading distributor of automotive replacement parts and accessories says it will hire more than the new full and part-time employees nationwide through April to ensure its more than 5,100 U.S. stores are staffed and ready to provide great service.

Teen apparel retailer on hunt for a CFO

American Eagle Outfitters announced that Mary Boland, chief financial and administrative officer, plans to retire effective April 1, 2016.

The retailer is currently conducting an active search for a successor.

In the interim, Scott Hurd, American Eagle’s chief accounting officer, will lead the day-to-day management of the finance team and assume the role of interim CFO.
$30 million reinvestment in iconic Woodbridge Village Center

Irvine, Calif. -- Irvine Company has announced it will begin a transformation $30-million reinvestment in Woodbridge Village Center located in Irvine, California. The redevelopment of the center includes upgrading the retail, dining and entertainment mix to complement longtime favorites, freshen the architecture for a coastal California feel, and create an expansive outdoor setting for dining, relaxing and community gatherings that overlooks North Lake.
Shoptalk shows retailers what disruption looks like

The number of retail industry innovators on the agenda for Shoptalk now exceeds 230 and organizers of the event slated for mid-May aren’t done yet.
Amazon goes to the movies to promote its original programming

Amazon will be promoting its growing portfolio of original content available to Prime members on 20,000 movies screens after reaching a multi-year agreement with National CineMedia.
How to improve omnichannel profitability

Omnichannel retailing — or as it is increasingly known, “retailing” — is complex and can increase costs for retailers. Here are a few ways retailers can improve store-level fulfillment to increase both profits and customer service.
Founder and CEO of 1-800-Flowers.com steps down

The CEO of 1-800-Flowers.com is stepping down, but leadership of the 40-year-old company is staying in the family.

The company announced that effective June 30, Jim McCann, founder, chairman and CEO, will transition to the position of executive chairman and Chris McCann, president and Jim McCann's brother, will become CEO. The company says the announcement coincides with the 40th anniversary of the company’s founding and is an integral part of its long-term succession plan.
Report: Albertsons acquiring remaining Haggen stores

Citing union sources, The Bellingham Herald on Tuesday reported that Albertsons is prepared to acquire the remaining core stores of Haggen with the blessing of the Federal Trade Commission. "It appears that other bidders are not going to raise their bids or otherwise make them qualified bids, so the scheduled auction is cancelled and the sale to Albertsons will be put before the court for approval in the next week," representatives of Haggen union workers released in a statement.
Jordan’s Furniture makes striking first impression

An unusual and dramatically-lit exterior adds to the excitement at Jordan’s Furniture’s new store in New Haven, Connecticut. It also signals to passers-by that Jordan’s is not your typical furniture store — not by a longshot.