May 25, 2022
Amazon Fresh announced it is hiring “hundreds” of employees for two new stores in Paramus, NJ and Oceanside, NY, both inside the NYC metro area. The Company did not provide opening dates, but the units will be its f ... Read more
May 18, 2022
Cencosud is set to acquire The Fresh Market from Apollo Global Management, beginning with an initial 67% equity stake. It was disclosed that of the initial $676 million investment by Cencosud, $411 million will go to existing equity ... Read more
May 11, 2022
World Market, a national specialty retailer of global home products, is conducting a domestic market assessment to determine additional store locations, Chief Commercial Officer Eric Hunter said in an interview with o ... Read more
May 4, 2022
Amazon’s 1Q22 net sales increased 7.3% to $116.44 billion, which excludes a $1.80 billion unfavorable impact in foreign exchange rates. By segment, Amazon Web Services (AWS) performed strongest, increas ... Read more
April 27, 2022
Amazon opened an Amazon Fresh store in Mission Viejo last week and has two additional openings planned for Southern California, in LaVerne (this Thursday) and Murrietta (May 5). The new locations all measure about 35,000 square fe ... Read more
April 20, 2022
In a memo to sellers, Amazon said it will impose U.S. third-party sellers with an inflation and fuel surcharge of 5%, effective April 28. The fee will be on top of existing fees that Amazon collects from U.S. third-party sellers who use Ama ... Read more
April 13, 2022
Last Friday, Amazon called for an election rerun, after workers at a New York City warehouse voted to create the Company’s first U.S. union, saying that the U.S. labor board and worker-organizers suppressed turnout. The Amaz ... Read more
April 6, 2022
Last week, workers at an Amazon warehouse on New York’s Staten Island voted to unionize. The vote was 2,654 for the union and 2,131 against it. This marks the Company’s first unionized worksite in th ... Read more
March 30, 2022
The Save Mart Companies announced it was acquired by Kingswood Capital Management. Kingswood is an operationally focused private equity firm based in Los Angeles, which most recently acquired Cost Plus World Market from Bed Bath & Beyond in ... Read more
March 23, 2022
Dollar General’s 4Q21 sales grew 2.8%; however, comps fell 1.4%, the 4th quarterly decline in a row, driven by a continued fall off in traffic, partially offset by gains in average ticket. Most categories saw comp decli ... Read more
