News

August 25, 2021     Amazon is reportedly making plans to open several large physical retail locations in the U.S. that will operate like department stores. This will help the Company extend its reach in sales of clothing, household items, electronics, and other areas. ... Read more
Peyton Radford
August 18, 2021         Amazon announced an increased investment in Florida by adding a new robotics fulfillment center and five new delivery stations, expected to open in 2022. The new 630, 000 square-foot fulfillment center, anticipated to launch ... Read more
Peyton Radford
August 11, 2021         On August 5, Amazon Fresh opened a new, 35,000 square-foot store in Warrington, PA, its first Amazon Fresh store in Pennsylvania, and the 16th in the country. Click here to request a list of Amazon Fresh future store openin ... Read more
Peyton Radford
August 4, 2021         Wegmans will open its second store in New York City and its first in Manhattan in the second half of 2023. The store will be located in the East Village at the site of a recently shuttered Kmart. Wegmans has reportedly taken out a ... Read more
Peyton Radford
July 28, 2021 On July 22, Amazon Fresh opened its second store in the Washington, D.C. area; the first opened in Franconia, VA two months ago. It is the Company’s 15th unit overall and the first store in the region to use Just Walk Out technology, which offers customers the conv ... Read more
Peyton Radford
July 21, 2021         Ross Stores opened 22 Ross Dress for Less and eight dd’s Discounts stores across 11 states in June and July. The new locations are part of the Company’s plans to add about 60 new stores, 40 Ross and 20 dd’s, durin ... Read more
Peyton Radford
July 14, 2021         Save-A-Lot announced last week that it is selling 10 Company-operated stores across the New Orleans, LA metro area to Louisiana grocer BrandonTrosclair.The move is part of Save-A-Lot’s effort to convert corporate-ownedstores ... Read more
Peyton Radford
July 7, 2021         Bed, Bath & Beyond’s 1Q21 net sales of $1.95 billion were 49% above 1Q20, taking into account a 24% impact from the divestiture of non-core banners. Core banner sales growth of 73% and gross margin of 34.9% beat earlier guidan ... Read more
Peyton Radford
June 30, 2021         L Brands filed a Form 10 registration with the SEC to separate its Victoria’s Secret business into an independent public company. The Company’s announced its intention to issue $500 million in Senior Unsecured Notes due ... Read more
Peyton Radford
June 23, 2021         On June 21, L Brands announced the public filing of a Form 10 registration with the SEC to separate Victoria’s Secret business into an independent, public company. The separation is expected to be completed in August 2021, an ... Read more
Peyton Radford

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