TECHNOLOGY

Online giant going bricks-and-mortar in New York
Amazon is bringing its bookstore concept to one of the largest retail projects to ever open in Manhattan. The online giant is planning to open a bookstore and cafe at Hudson Yards, the massive retail, commercial and residential space being developed by Related Cos. and Oxford Properties Group, the New York Post reported. Click here to read more.
Dick’s Sporting Goods wins bidding war
Dick’s Sporting Goods was the victor on Thursday at the bankruptcy auction for former rival Sports Authority Holdings. Dick’s bid $15 million for the brand name and other intellectual property, beating British-based Sports Direct International PLC’s $13 million bid, according to the Wall Street Journal. Dick’s also had the winning bid at the auction for 31 Sports Authority store leases, for an additional $8 million, the report said.

Pinterest ramps up shopping efforts — and adds some cool new tools

Pinterest is making it easier for consumers to shop and buy on its site. The company, which claims 100 million monthly users, on Tuesday unveiled a collection of new tools, called “Shopping with Pinterest,” that includes visual search technology that lets people search for similar items shown featured in a pin (post).
Report: Some fun facts about Target

Not many retailers can boast that their mascot was one of the first animals ever immortalized in wax at Madam Tussauds in New York City. But Target can. That’s just one of five suprising things about the discounter in a report by Fortune. To find out the other four, click here
Analysis: Is Ralph Lauren Corp. moving away from luxury?

Ralph Lauren Corp. made headlines with its June 7th announcement that it planned to close 50 stores and lay off 1,000 employees as part of a restructuring in response to lower sales. The announcement didn't go into specifics about the luxury brand’s plans to correct its course. But some industry insiders speculate that the background of Ralph Lauren CEO Stefan Larsson, who took the reins of the company in September, holds the key.
Nimble small- to mid-level retailers steal share from larger, traditional chains

Think online is the biggest challenge traditional retailers face? Think again.
Outdoor lifestyle brand matching store space to green space

Timberland announced a goal to double its footprint in five U.S. cities by 2020 -- but not in the conventional year. Each year for the next five years, the brand will choose a different city with a Timberland store, and match its retail floor space with the creation or restoration of an equivalent amount of green space in that city.
Lands’ End names new marketing chief in leadership shakeup

Specialty apparel retailer Lands' End is making a number of new executive appointments in the marketing and merchandising areas of the company.
Walmart shows shoppers a good time

Long dependent on low prices to draw customers to stores, Walmart is trying a new traffic-boosting tactic: fun.
BevMo grabs two more Albertsons execs

Specialty alcoholic beverage retailer BevMo is shuffling its leadership team as part of an organizational transformation initiative.