Walmart said that the merger of its subsidiary in the United Kingdom, Asda, with rival retailer Sainsbury, has been blocked by the U.K. Competition and Markets Authority.
Tractor Supply Company rolled through a strong first quarter ended March 30, 2019, with solid comparable store and seasonal sales growth.
More than 60 organizations have developed and launched ‘Generation T,’ a movement intended to help fill the skilled trade gap that analysts predict will leave three million jobs open by 2028. The initiative is led by home improvement retailer Lowe’s.
Market research firm Numerator analyzed Amazon private label initiatives, and the company’s 135 own and 330 exclusive brands, determining that consumables are primed for growth even if 58% of sales occur in electronics, with Alexa-enabled products leading the pack.
Alliance Data Systems has signed a new agreement to provide private label credit card services and a loyalty program for off-price retailer Burlington Stores.
An analysis of recent Nielsen data by the Private Label Manufacturers Association (PLMA) indicated that store brand dollar volume in the mass retail channel grew 41% over the past five years compared to a gain of only 7.4% for national brands in the period.
Consumers are prepared to reward manufacturers, retailers and others offering products that benefit the environment as long as that doesn’t mean higher prices, according to market research firm A.T. Kearney.
Stop & Shop, an Ahold Delhaize company, has established a tentative agreement of terms with five local unions (UFCW Locals 1445, 1459, 919, 371, and 328) which allowed Stop & Shop’s 31,000 associates in New England to return to work on Monday, April 22.
Kohl’s said that all of its stores will now be accepting free returns for Amazon customers starting in July.
An activist investor group comprised of Legion Partners Holdings, Macellum Advisors and Ancora Advisors has released a statement commenting on Bed Bath & Beyond’s announcement of certain changes to its board of directors:
Annual gains in home improvement and repair are projected to continue decelerating through early next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Rent-A-Center has agreed in principle to settle all litigation with Vintage Capital Management, and B. Riley Financial relating to the company’s termination of an agreement and plan of merger last year with certain affiliates of Vintage Capital.