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Midwest Retailer Meijer Signs With Instacart For Grocery Delivery

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Online delivery platform Instacart is teaming up with regional Midwest retailer Meijer to provide same-day delivery of groceries. Customers rely on Instacart to get the groceries and goods they need from the retailers they love," Instacart President Nilam Ganenthiran said in a Thursday (Dec. 3) press release.

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Fashion Retailer rue21 Strikes Deal To Retire Debt

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Fashion retailer rue21 (r21 Holdings, Inc.) The retailer modified its asset-based credit facility to bolster availability to $155 million due 2025 headed up by Bank of America, N.A. The retailer also opened three new physical retail shops, with another 15 in the works for 2021. million members.

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Today In Retail: Resale Company StockX Lands $275 Million For Growth; Rite Aid Reports 12 Pct Revenue Increase

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In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its fiscal 2021 third quarter results that revenues rose by 12 percent. Fashion Retailer rue21 Strikes Deal To Retire Debt. Clothing retailer rue21 (r21 Holdings, Inc.) million members.

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Premium Malls Can’t Escape Changing Retail Ecosphere

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Top-tier malls in the country, once thought to be impervious to the changing retail landscape, have been struggling lately, according to a report by The Wall Street Journal. Simon Property Group is the owner of Phipps Plaza in Atlanta and King of Prussia mall in Pennsylvania. a share, from an earlier range of $7.04

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Smart Retailers Inspire Confidence Via Cleanliness

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The list of positive retail brand attributes goes on and on, but one new post-pandemic value has become more important than all the others: cleanliness. Example: Ted Gallagher is vice president and partner at Environmental Hazards Control , a Lancaster, Pennsylvania-based company that disinfects retail locations and other business facilities.

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COVID Retail Update: Mall Group Asks For Bailout

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For most retailers, this virus thing is starting to hurt. Retailers are now in full-on battle mode,” said Jefferies Analyst Randal Konik , who foresees a 90 percent to 100 percent drop in mall traffic. For retailers, this is now about near-term survival.”. “For For retailers, this is now about near-term survival.”.

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Major Retailers Brace For Gift Card Fraud

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The moves were announced by the attorneys general of Pennsylvania and New York, Reuters reported. By working collaboratively with these retailers, we’ve created a way for businesses to take proactive steps to prevent scams,” New York State Attorney General Barbara Underwood said in a statement.

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