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Save A Lot Sells 51 Retail Locations To Fresh Encounter

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Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. The latter company will keep running the retail locations with the Save A Lot name, according to a Monday (Dec.

Retail 265
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Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter

PYMNTS

In today’s top retail news, FedEx Corp. concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run by the company in the Tampa, Florida market to Fresh Encounter. The service connects more than 100 brands and retailers to shoppers. FedEx Wraps Up ShopRunner Purchase.

Tampa 188
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7-Eleven Launches Beer Delivery In Select US Markets

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Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” Louis, Missouri; and Tampa, Florida.

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Supermarkets Hoard Staples For Holidays, COVID Resurgence

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Anthony Hucker, CEO of Southeastern Grocers , a Jacksonville, Florida-based supermarket chain, told WSJ he placed orders for holiday hams and turkeys in June, July and August long before he typically does. We will never again operate our business as unprepared for something like this,” he said.

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UK's Online Grocer Ocado Sued Over Patent Claims

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online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported. It has a stock market valuation of over 20 billion pounds (about $25.7 In July 2019, the companies were making the second of 20 of them in Florida.

Online 234
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How Clandestina (Literally) Snuck Into The US Market

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There are many, many retailers and brands trying to outfit the world, and standing out in the crowd is difficult. And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S.

Marketing 198
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Simon Property Group, Wheels Up Get In On The SPAC Action

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You’d be forgiven if the tug of war between hedge funds and retail investors – and the soaring and swooning over GameStop and Dogecoin – would be top of mind in anticipation of a bubble taking shape that will, at some point, see either deflation or a pop. Funds that have expertise in both companies operating in Asia and how U.S.

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