Topic / Retail Chain

Retail Chain : Retail chains are merchants that operate physical stores.

The Latest in Retail Chain

Christopher & Banks files for bankruptcy

The chain struggled in recent years, racking up losses as ecommerce focused rivals boomed. The pandemic made matters worse

Roundup: JCPenney searches for a new CEO

Plus, Macy’s finds a new chief marketing officer and Wolverine Worldwide hires a new president of global ecommerce.

Amware Fulfillment buys Moulton Logistics

Moulton brings Amware decades of experience in providing fulfillment technology and services for merchants involved in ecommerce and direct-response TV, enabling Amware to provide ground delivery within two days to 95% of the U.S. population, Amware says.

Weber Logistics targets ecommerce-backed growth

Weber Logistics, a third-party logistics company with a strong focus on clients involved in ecommerce, is planning to grow its services with new funding from Stellex Capital Management, an investment firm specializing in logistics and transportation businesses. The companies did not disclose the terms of the deal.

Sephora to open shops inside Kohl's stores

Kohl’s, which has previously said it would expand its beauty assortment, will open the first 200 locations next fall. There will be at least 850 in-store Sephora shops by 2023.
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Target’s ecommerce sales jump 154% in Q3 2020

Online sales represent 15.7% of total retail sales in the quarter for Target, up 7.5% a year ago. Stores fulfilled 75% of online orders in Q3.

Home Depot buys back HD Supply for about $9 billion

The Home Depot is out to compete more with online sellers including W.W. Grainger and Amazon Business by targeting the market for industrial maintenance, repair and operations products with an agreement to purchase HD Supply, a national MRO distributor it sold years ago. “The MRO customer is highly valued by The Home Depot,” Home Depot CEO Craig Menear said today.
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