News

Smoothie King to triple Las Vegas area footprint
Through two new franchise agreements, the fast-casual smoothie chain will open seven new locations in the area.
Beyond in content partnership with X; relaunches Overstock site
The parent company of Bed, Bath & Beyond, Overstock, Zuilly and other brands said it has entered into a “robust partnership” with X, the social media platform formerly known as Twitter.

Home Depot captured 28.1% of home improvement spending in 2023

Three retailers accounted for more than 50% of home improvement spending in the U.S. in 2023.
NRF, RILA voice concerns about Visa, Mastercard $30B swipe-fees settlement

Visa and Mastercard reached an estimated $30 billion settlement with U.S. merchants regarding credit and debit card fees, but not everyone is happy about it.
The cost of an individual fraud event to retailers is…

A new study reveals retail fraud is on the rise – and creates incremental costs for retailers.
Walgreens Q2 takes $6B hit from VillageMD investment

Walgreens Boots Alliance reported better-than-expected second-quarter sales but narrowed its earnings outlook, citing a “challenging” retail environment in the U.S.
JLL names new chief procurement officer

Company veteran Michael Raphael will endeavor to achieve net-zero carbon emissions at properties by 2040.
Pave America expands with national sales division

Pave America has established a new national sales division called Pave America National Services.
Kroger shuttering three ‘spokes’ in fast-delivery network

The Kroger Co. is cutting back the reach of its automated fast-delivery program.
Miniso opens Time Square pop-up

The pop-up opening makes for the China-based brand's second Times Square location.
Untuckit unifies enterprise operations

Untuckit is streamlining previously manual financial and inventory processes for enhanced visibility and efficiency.
Walmart to reportedly pause $2.3 billion Vizio acquisition

Walmart Inc. is reportedly giving the federal government more time to review its proposed $2.3 billion purchase of smart TV maker/streaming platform provider Vizio.