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Chain Store Age
Familiar name returns as CEO of Canadian Tire
Toronto-based general merchandise retailer Canadian Tire Corp. has made a sudden shift at the top of the company’s executive structure.
Another look at Amazon Prime Day
Amazon provided some general data on the performance of Prime Day, but now more information is coming out courtesy of several third-party analysis providers.
Possible Rite Aid divestiture leads to buyer speculation
If Rite Aid needs to shed some stores for antitrust reasons in the wake of a merger with Walgreens-Boots Alliance, many experts expect one well-known drug store to step forward.
Target names new legal head
Target Corp. has named Don Liu as executive VP, chief legal officer and general counsel, effective Aug. 22, 2016.
Major convenience store/gas station buyer emerges
Durham, North Carolina-based conglomerate The Guess Corp. is seeking to acquire at least 1,000 U.S. convenience store/ gas station units in the next 12 months.
The Children’s Place plans new credit card offering
Specialty apparel retailer The Children’s Place Inc. is partnering with marketing and loyalty solutions provider Alliance Data Systems Corp. to launch a new private label credit card.
Survey: Stores help drive healthy back-to-school spending
Consumers are not skimping on back-to-school spending this year, and brick-and-mortar retailers have extra reason to celebrate.
Study: Top retail brands include repeat performers
Results of the 2016 Harris Poll EquiTrend Retail Brands of the Year study show that some retail chains truly “get it” when it comes to engaging consumers.
Delhaize, Ahold to divest 86 stores; Publix and Supervalu among buyers
As their merger enters the home stretch, Delhaize Group and Ahold have reached agreements with buyers to divest 86 U.S. stores.
Home furnishings giant plugging in more fuel cells
Ikea is expanding its renewable energy portfolio with state-of-the-art fuel cell technology.