Book distributor plans bigger bid for Barnes & Noble, sources say | Amazon Go grows to 2 NYC locations | Hudson's Bay shareholders make an offer to take company private
June 11, 2019
CONNECT WITH NRF  LinkedInFacebookTwitter
NRF SmartBrief
Today's top retail news
SIGN UP ⋅   FORWARD
ADVERTISEMENT
Top Story
Book distributor plans bigger bid for Barnes & Noble, sources say
Book distributor plans bigger bid for Barnes & Noble, sources say
(Justin Sullivan/Getty Images)
Book distributor Readerlink will submit a bid to acquire Barnes & Noble for a higher amount than hedge fund Elliott Management's $475 million cash offer for the bookseller, sources said. If the bid comes through, Readerlink would likely submit it before midnight on Thursday.
The Wall Street Journal (tiered subscription model) (6/10) 
LinkedIn Twitter Facebook Email
 
Q&A: Plotting a course for the perimeter of the future
Growing demand for fresh foods is driving growth in the perimeter of the store, which presents opportunities and challenges for retailers. Read the Q&A with Acosta Senior Vice President, Fresh Foods Bryan Chartrand to learn how retailers can cater to consumers' evolving tastes and what the perimeter department of the future will look like.
ADVERTISEMENT
Industry Watch
Amazon Go grows to 2 NYC locations
Amazon Go grows to 2 NYC locations
(Spencer Platt/Getty Images)
Amazon will open a second Amazon Go store in New York City Tuesday, a month after opening its first Manhattan location. The cashierless concept has grown to 13 stores, and the e-commerce giant is reportedly planning to open as many as 3,000 by 2021.
CNBC (6/11) 
LinkedIn Twitter Facebook Email
 
Hudson's Bay shareholders make an offer to take company private
Richard Baker, executive chairman of Hudson's Bay Co., and other company shareholders placed a bid on Monday to take the Canada-based retailer private. Hudson's Bay, which owns Lord & Taylor and Saks, has struggled with declining sales and strong competition from online retailers.
The Wall Street Journal (tiered subscription model) (6/10),  CNBC (6/10) 
LinkedIn Twitter Facebook Email
Seattle chefs bringing Nordstrom's eateries to NYC
Seattle chefs bringing Nordstrom's eateries to NYC
(Scott Olson/Getty Images)
Nordstrom tapped Seattle chefs and restaurateurs Ethan Stowell and Tom Douglas to open three restaurants inside its New York City flagship store, scheduled to open in October. The store will have six restaurants and bars offering a range of fare from pizza to craft cocktails.
The Seattle Times (tiered subscription model) (6/10),  The Business Journals (tiered subscription model) (6/10) 
LinkedIn Twitter Facebook Email
 
Other News
Beat the Benchmarks, Drive Results
How do your campaigns compare? We've crunched the campaign results from 1,000+ retailers to bring you a report packed full of actionable insights! Download the guide to find out how your campaigns measure up against benchmarks within your industry.
ADVERTISEMENT
Retail Trends
Dollar General tops list for retail openings this year
Dollar General tops list for retail openings this year
(Justin Sullivan/Getty Images)
Discount chains are prospering, with Dollar General on track to open 975 new locations this year. Along with Dollar General, Dollar Tree, Family Dollar, ALDI and Five Below are the retailers opening the most stores in 2019, according to Coresight Research.
CBS News (6/5) 
LinkedIn Twitter Facebook Email
 
Green Growth Brands plans more mall-based CBD stores
Green Growth Brands has teamed with Brookfield Properties to open stores selling CBD-infused products at more than 70 Brookfield malls in 2019. Earlier this year the Ohio-based cannabis company announced plans to open 108 stores in malls owned by Simon Property Group.
CNBC (6/10) 
LinkedIn Twitter Facebook Email
Retail Technology
Target invests in blockchain to support its supply chain
Target invests in blockchain to support its supply chain
(Scott Olson/Getty Images)
Target is developing a blockchain solution to manage its supply chain called ConsenSource. To that end, the company has promised to support the Hyperledger Grid project, which is already in use by companies including Cargill and Intel.
Forbes (6/10) 
LinkedIn Twitter Facebook Email
 
Retailers make the most of loyalty programs and data
Retailers look to get more value out of customer loyalty programs with revamped efforts that boost perks to members and improve on the ability to analyze customer data in useful ways. Retailers like Ulta Beauty, where members generate the lion's share of sales, are using data to better target messaging and promotions and to personalize the experience.
Modern Retail (6/10) 
LinkedIn Twitter Facebook Email
NRF News
How trucking startup Transfix is eliminating empty miles
Executing truckloads on a client's behalf is a process freight brokers have done for decades, typically via phone or email. Transfix upends that process by connecting truck drivers with shippers via an app. Drivers wait less and drive empty less, helping companies like Target, Unilever, Barnes & Noble Booksellers and Anheuser-Busch increase visibility into truckload shipments, gain data insight and reduce costs. Read more from NRF's STORES magazine.
LinkedIn Twitter Facebook Email
NRF SmartStat: June 11, 2019
Nearly half (45%) of surveyed LP professionals will increase their budgets for loss prevention efforts and 68% say they'll allocate additional resources, most of that in technology. Source: NRF National Retail Security Survey with Appriss Retail.
LinkedIn Twitter Facebook Email
 
What's next for marketing?
The best-selling book "Crazy Rich Asians," which begat the 2018 hit film, has nudged retailers to laser-focus on engaging with young, luxury-loving Asian and Asian American consumers. The best way to reach Asia's young luxury consumers is via data-driven advertising, according to Susan Vobejda, CMO of digital media firm The Trade Desk. Read more of Vobejda's insights on the future of programmatic advertising in STORES magazine. Read more.
LinkedIn Twitter Facebook Email
Learn more about NRF:
Join NRF | Advocacy | Insights and Trends
Events | Resources | NRF Foundation
Chain Restaurant News
Krispy Kreme to open 24-hour Times Square flagship
Krispy Kreme to open 24-hour Times Square flagship
(Krispy Kreme Doughnut Corporation)
Krispy Kreme will open a 4,500-square-foot flagship store in New York City's Times Square early next year. The store will stay open round-the-clock and feature stadium seating for customers to watch the doughnuts being made.
Adweek (tiered subscription model) (6/10) 
LinkedIn Twitter Facebook Email
 
NRF JOB BOARD
Director Site Merchandising, Curation & Planning Home Improvement
JET.COM - San Bruno, California
Vice President, CIEM
RALPH LAUREN - New York, Other
Assistant Vice President Facility Development and Project Management
TJX COMPANIES, INC. - Marlborough, Massachusetts
Director of Product Management
JET.COM - Sunnyvale, California
Real Estate Vice President, Supply Chain Properties
ROSS STORES, INC - Dublin, California
Sr Manager Payroll
ULTA BEAUTY - Illinois
Director, Global Search Marketing
RALPH LAUREN - New York, Other
Director, DTC - Rejuvenation
WILLIAMS-SONOMA - Portland, Oregon
Director, Finance- Property Development
ROSS STORES, INC - Dublin, California
Vice President, Allocation Strategy
ROSS STORES, INC - Dublin, California
Vice President IT Security Services
TJX COMPANIES, INC. - Marlborough, Massachusetts
Director - Solutions Delivery & Support (Merchandising)
THE MICHAELS COMPANIES, INC. - Irving, Texas
Director - Operations Support
BURLINGTON - Los Angeles, California
Vice President, Talent Acquisition
BURLINGTON - Burlington, New Jersey
  
  
It can be very expensive to try to convince the markets you are right.
Ed Seykota,
system trading pioneer
LinkedIn Twitter Facebook Email
  
  
Sign Up
SmartBrief offers 200+ newsletters
Advertise
Learn more about the SmartBrief audience
Subscriber Tools:
Contact Us:
Advertising  -  Dena Malouf
Editor  -  Julia Russell
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
© 1999-2019 SmartBrief, Inc.®
Privacy Policy (updated May 25, 2018) |  Legal Information