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Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store

PYMNTS

In the 1970s, the venerable The Great Atlantic & Pacific Tea Company (A&P) was losing market share. To try to increase its market share, A&P came up with a novel way to sell groceries: It decided to sell its most popular items in their original wholesale bulk packaging — for a much cheaper price.

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Mall Now A Four-Letter Word For Some Operators?

PYMNTS

The Wall Street Journal reports that the “four-letter” word has been getting the boot from … mall operators. Said one marketing professional involved in a handful of the name changes, some words are anathema, such as pavilion and galleria, which are words that have mall-ish connotations. Call them something else, then, it seems.

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Grocery Roundup: New Amazon Fresh Store, SpartanNash Puts Incentives In ‘Fast Lane,' Walmart On Autonomous Delivery

PYMNTS

Here are the latest developments in new store concepts, ordering and delivery from various big names in the sector: Amazon To Open Amazon Fresh Store In New Jersey. Amazon is growing its brick-and-mortar footprint for Amazon Fresh with a New Jersey outpost for the concept.

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New RadioShack Owner Looks To Turn 'Fallen Angels' Into eCommerce Stars

PYMNTS

When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack , it wasn’t some one-off strategy to acquire distressed assets for pennies on the dollar. It’s a plan the company describes as “transforming well-known, distressed retail brands into eCommerce success stories.”

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Merger, Sale Among Ingredients For Meal-Kit Maker Blue Apron

PYMNTS

Part of the problem has been a competitive field, with newer players offering better options and expanding their operations. And retailers such as Kroger and Albertsons, through acquisitions of other meal-kit companies, have grown their own operations. The company fell short of expectations this quarter with $94.3

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American Dream Megamall Announces First Shops To Open In Spring

PYMNTS

The American Dream megamall in New Jersey is preparing to open a round of retail stores after nearly two decades in waiting. Triple Five Group said there will be other retailers opening their doors at the megamall throughout 2020, with a luxury wing called The Collections set to open in September.

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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. While $134 million worth of debt comes due for Sears on Monday (Oct.

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