Charisse Jones & Zlati Meyer/USA Today – Amazon’s purchase of Whole Foods makes it a major player in the U.S. grocery market, and that leaves a lot for consumers and fellow retailers to chew on. Experts say the move will translate into lower prices for consumers and more competition among traditional supermarkets, discount chains and food-forward […]
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Amazon to buy Whole Foods for $13.7 billion in bid to become major grocer
Angel Gonzales/The Seattle Times – Amazon.com is about to give “whole paycheck” a new meaning. With its $13.7 billion purchase of Whole Foods Market, the undisputed king of one-click shopping just bought itself a lot of bricks — and a golden ticket into a juicy retail stronghold it has long sought to breach. The deal sent […]
3 Philly-area JCPenneys stores to close on June 18
Suzette Parmley/The Philadelphia Inquirer – Darrell Jones leafed through the men’s workout shirts in the J.C. Penney store at the King of Prussia Mall recently, knowing his days there were numbered. “They have sports apparel stuff that’s really cheap,” said Jones, 52, of North Philadelphia, who works in security. “I don’t understand why they’re closing, and […]
Building a Powerful Toolbox
Jeff Green & Jerry Hoffman/Shopping Center Business – As increasingly sophisticated and successful public-private partnerships come together with a renewed appreciation for the power and potential of compelling retail and mixed-use environments, a number of exciting projects are emerging–and reshaping urban landscapes across the country. Such projects can provide a jolt of commercial and social energy […]
Growth of E-Commerce Sales, Intense Competition Lead to hhgregg Store Closures
Taylor Williams/Midwest Real Estate News – Electronics and home appliances retailer hhgregg’s Inc.’s decision last week to close 88 stores — or roughly 40 percent of its total outlets — and three distribution facilities over the next two months came in the wake of a rough financial stretch for the company. Net sales decreased 23.7 […]
Retail analyst weighs in on the future of malls
Fox 10 Phoenix – With announcement from major retailers such as Macys, J.C. Penney and Sears announcing store closures nationwide, shopping malls could be in for some tough times ahead. One retail analyst said many shopping malls have “anchor spaces” for major department stores, and when an anchor store closes, it can be hard to […]




