Top 5 Retail Stories of the Week 4.8.18April 13, 2018
Each week, we’ll be rounding up the top stories from the retail industry so you can start your weekend off right. Here are the biggest news stories from the week of April 8, 2018:
1) Soylent: Coming to a Walmart Near You (Forbes) “Many may be confused as to how Soylent’s seemingly made-by-and-for Silicon Valley image meshes with that of Walmart’s egalitarian ‘Everyday Low Price’ messaging. But for anyone taking notes on the company’s winding history, this growth strategy makes complete sense.”
2) 16 Sears Stores Are Being Auctioned Online (CNBC) “More than a dozen of Sears Holdings’ stores are being auctioned online. Commercial real estate services firm Cushman & Wakefield is teaming with Real Insight Marketplace, an online bidding platform, to help unwind some of the department store chain’s assets.”
3) b8ta Unveils Shopify-like Solution for Retail Stores (TechCrunch) “b8ta, the store founded by Nest alums to sell trendy gadgets, is entering new territory. Today, the startup is launching ‘Built by b8ta,’ which functions as a retail-as-a-service platform for brands that want a physical presence.”
4) Walmart Taps Postmates for Grocery Delivery Service (CNBC) “Walmart is working with delivery service Postmates to bring online grocery orders to more shoppers’ homes, with the goal of reaching more than 40 percent of U.S. households.”
5) Nordstrom Opening a New York Store as Other Retailers Close Theirs (New York Times) “On Thursday, Nordstrom will open its first full-line store in Manhattan, a sleek, three-floor home to men’s clothing, shoes and grooming supplies at 57th Street and Broadway.”
Visit the Daymon Newsroom for even more industry updates and insight from our experts.