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AMAZON TO SHAKE UP GROCERY RETAIL DESPITE MAJOR RETAILERS STILL LEADING

freshfruitportal | February 03, 2020

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Things in the U.S. grocery world are becoming more and more competitive as powerhouse retailers anticipate disruption from Amazon, A newly released UBS report details that Walmart and Kroger remain the top leaders in the industry, with their combined market share accounting for about 30% of the sector - a number consistent since 2017. Walmart - combined with its Sam's Club chain - still dominates with 21.3% of the market last year. Kroger comes in second with a share of 9.9%. In contra...

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KEEPING PACE: A TIMELINE OF TWO YEARS IN ATHLETICS RETAIL

retaildive | January 13, 2020

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A rollercoaster year in athletics retail was capped off this fall with the departures of Nike CEO Mark Parker and Under Armour CEO Kevin Plank. Paired with another executive change at Adidas as Eric Liedtke, head of global brands, stepped down, the moves amount to “seismic changes” in the category, according to NPD Vice President and Senior Industry Advisor of Sports Matt Powell. All three announced their departures over a two-day span in October. The announcements were defining mome...

Read More

PIZZA INN SELECTS RETAILSTACK AS ITS OFFICIAL POINT OF SALE PROVIDER.

Cision PR Newswire | August 19, 2020

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Pizza Inn announced a partnership with RetailStack as its official point of sale provider. RetailStack is a full-tech company that offers solutions in many parts of the restaurant to create efficiencies with reliable customer support. After Pizza Inn's executive team and Franchise Leadership Council evaluated several systems, America's Hometown Pizza Place selected RetailStack for its innovation pipeline and efficiency of development process, and open support for future integrations. The...

Read More

PIER 1 CANCELS AUCTION AS LENDERS OPT TO TAKE OVER THE RETAILER

retaildive | March 30, 2020

news image

Pier 1 canceled a bankruptcy auction for its business and assets scheduled for this week. In court papers filed Friday, attorneys for the retailer said that its term lenders opted to take over the company rather than sell it by converting their loan into equity in Pier 1. That decision was made "in light of recent world events related to COVID-19," Pier 1 attorneys said. The company retains the right to schedule an auction later if it chooses. At the outset of Pier 1's Chapter 11 c...

Read More

freshfruitportal | February 03, 2020

news image

AMAZON TO SHAKE UP GROCERY RETAIL DESPITE MAJOR RETAILERS STILL LEADING

Things in the U.S. grocery world are becoming more and more competitive as powerhouse retailers anticipate disruption from Amazon, A newly released UBS report details that Walmart and Kroger remain the top leaders in the industry, with their combined market share accounting for about 30% of the sector - a number consistent since 2017. Walmart - combined with its Sam's Club chain - still dominates with 21.3% of the market last year. Kroger comes in second with a share of 9.9%. In contra...

Read More

retaildive | January 13, 2020

news image

KEEPING PACE: A TIMELINE OF TWO YEARS IN ATHLETICS RETAIL

A rollercoaster year in athletics retail was capped off this fall with the departures of Nike CEO Mark Parker and Under Armour CEO Kevin Plank. Paired with another executive change at Adidas as Eric Liedtke, head of global brands, stepped down, the moves amount to “seismic changes” in the category, according to NPD Vice President and Senior Industry Advisor of Sports Matt Powell. All three announced their departures over a two-day span in October. The announcements were defining mome...

Read More

Cision PR Newswire | August 19, 2020

news image

PIZZA INN SELECTS RETAILSTACK AS ITS OFFICIAL POINT OF SALE PROVIDER.

Pizza Inn announced a partnership with RetailStack as its official point of sale provider. RetailStack is a full-tech company that offers solutions in many parts of the restaurant to create efficiencies with reliable customer support. After Pizza Inn's executive team and Franchise Leadership Council evaluated several systems, America's Hometown Pizza Place selected RetailStack for its innovation pipeline and efficiency of development process, and open support for future integrations. The...

Read More

retaildive | March 30, 2020

news image

PIER 1 CANCELS AUCTION AS LENDERS OPT TO TAKE OVER THE RETAILER

Pier 1 canceled a bankruptcy auction for its business and assets scheduled for this week. In court papers filed Friday, attorneys for the retailer said that its term lenders opted to take over the company rather than sell it by converting their loan into equity in Pier 1. That decision was made "in light of recent world events related to COVID-19," Pier 1 attorneys said. The company retains the right to schedule an auction later if it chooses. At the outset of Pier 1's Chapter 11 c...

Read More