News

Report: Facebook testing shopping feed
The world’s largest social network is testing new e-commerce eatures, including a dedicated shopping section, Re/code reported. Facebook’s push comes as other social sites, including Twitter, are exploring social shopping.
Report: Whole Foods Market invests in sandwich chain
Whole Foods Market has made a minority investment in a fast-growing California restaurant chain, according to Nation's Restaurant News.

As part of the deal, Whole Foods plans to test the opening of Mendocino Farms outlets in select Whole Foods store locations, the report said.

Ross rolls on, next stop 2,000

Leading off price retailer Ross Dress for Less has made good on its 2015 growth plans and reaffirmed its long-range targets for existing and newer formats.

On Monday, the company announced the opening of 19 Ross stores and seven dd’s Discounts stores across 14 different states in September and October. The new locations complete the retailer’s 2015 expansion plans to add a total of 90 stores during the year.
Staples-Office Depot deal is delayed again

Staples and Office Depot have agreed to a Federal Trade Commission decision to extend the review period for a possible $6.3 billion merger of the two companies.

The companies announced Monday that the FTC has agreed to issue its decision regarding this transaction by Dec. 8.
Another retailer takes a stand on turkey day

GameStop is joining Staples in what could be new trend this year of retailers just saying no to opening on Thanksgiving Day.

GameStop announced Monday that its stores will be closed for the Thanksgiving holiday. GameStop’s other brands such as Spring Mobile, Simply Mac, Cricket Wireless stores, and the new ThinkGeek retail store will also be closed on Thanksgiving Day.
Another way to win with Amazon.com

Amazon.com now allows sellers to promote products with keyword targeted ads and cloud-based e-commerce solutions provider ChannelAdvisor is ready to help sellers take advantage of the sponsored products feature.

ChannelAdvisor Corp. announced its support Monday for Amazon’s Advertising API (application programming interface), becoming the first e-commerce solution provider to offer this support.
Beyond the low-hanging fruit: What’s next for retail energy and sustainability?

If you were to read an article about leaders in savvy energy and sustainability management programs and initiatives, who do you think that would be? Government? Manufacturing? Actually, it’s the retail industry, which has been a leader in energy efficiency investments since 2008.
Irvine Company in groundbreaking energy initiative

Irvine Company is making history as the first major real estate company in the world to plan portfolio-wide use of energy storage.

The Irvine Company on Monday announced an initiative to become the world's first major real estate company to create a fleet of hybrid-electric buildings powered by state-of-the-art energy storage systems from Tesla Energy.

The company recently signed a memorandum of understanding for the ground-breaking environmental initiative with San Francisco-based Advanced Microgrid Solutions (AMS).
Whole Foods acquires tasty growth possibility

Whole Foods Market has made a minority investment in a fast-growing California restaurant chain, according to Nation's Restaurant News.

As part of the deal, Whole Foods plans to test the opening of Mendocino Farms outlets in select market locations, according to the publication.
Study: E-commerce keeps growing

The retail revolution may not be televised, but it will be digitized.

The new Q3 E-commerce Pulse from predictive analytics platform provider Custora shows that e-commerce revenue grew a healthy 11.8% year-over-year in third quarter 2015. E-commerce transactions rose an almost identical 11.6%.

Mobile continued to grow in significance as a channel for e-commerce in the quarter. Phones and tablets made up a combined 28.7% of e-commerce transactions, up from 23.1% of orders during the same time the prior year.