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By Brian Numainville | Brian Numainville and Doug Madenberg of Retail Feedback Group share retail stories/news. @retailfeedback and @bnumainville

Supervalu looks to spin off Save-A-Lot - Minneapolis / St. Paul Business Journal

Mark Reilly Managing Editor Minneapolis / St. Paul Business Journal

Peter Newcomb | Bloomberg

A Save-A-Lot store in St. Louis.

Supervalu Inc. is …

Minneapolis

Neiman Marcus wants to sell you stuff, then help you sell it when you're tired of it

It’s working with The RealReal.

Neiman Marcus wants you to buy its clothing, sell it through the online consignment store The RealReal and then buy more clothing.

The two companies have partnered up in a symbiotic relationship to get consumers to sell off unwanted products for Neiman Marcus gift …

J.Crew's Madewell and Nordstrom double down on partnership

The high end department store will double the number of its stores that carry Madewell clothing to 30 to bolster its lineup of exclusive merchandise.

Madewell has been the saving grace of struggling parent company J.Crew for a few quarters now, attracting legions of shoppers with its denim, arty …

Nordstrom

Why the Apple Watch is heading to Best Buy, not Target

Why did Apple choose Best Buy to carry their Apple Watch when so many other stores would jump at the chance? This is the question many electronics …

Apple Watch

eBay is shutting down its on-demand delivery service

It was only a matter of time before eBay Now would be put out to pasture once and for all. But that's official as of today, eBay revealed in a statement about how it plans to simplify shopping for users. The company introduced its same-day, on-demand delivery service in 2012, but struggled to …

Best Buy will be the first U.S. retailer to sell the Apple Watch, starting on August 7

The Apple Watch will be available at Best Buy retail stores from August 7. As the first major retailer in the U.S. to sell Apple’s smartwatch, Best Buy will initially stock more than 100 stores before expanding to more than 300 in time for the holiday shopping season.

Customers will be able to buy …

Apple Watch

Amazon’s next innovation could be ‘drive-thru’ grocery stores

Customers would order online and schedule a store pickup, report says.

Amazon wants to change how shoppers tackle a top weekend errand: going to the grocery store.

The e-commerce company is reportedly developing a drive-up store concept in California, according to the Silicon Valley Business Journal. …

Amazon

American Apparel May Be Running Out of Money

Could it be the end of the road for American Apparel? Maybe.

A culmination of factors is leading experts to believe that the brand, which specializes in basic garments favored by young urbanites, is close to bankruptcy, reports the New York Post. The combination of a $15.4M bond payment due in …

Clothing

Cost-cutting measures pay off for Tim Hortons with positive results

The cost-cutting prowess of Tim Hortons’ new Brazilian owner is starting to pay off, helping the coffee-and-doughnut chain generate some strong second-quarter results.

3G Capital Partners LP of Brazil, known for its bare-bones operations at companies such as H.J. Heinz and Burger King, is bringing …

Tim Hortons

Pricing Survey: Yes, Jet.com Is Undercutting Amazon And Walmart

There’s a new low-ball retailer in town and it goes by the name of Jet.com. The site founded by Marc Lore, former co-founder and CEO of Quidsi (Diapers.com, Soap.com, etc.), promises the lowest prices online. So far, according to new price comparison research, the site is doing just that.

Last week, …

Amazon

At Home store chain entering market at former Burnsville Kmart

It didn't take long to find a new tenant for the vacant Kmart building near Burnsville Center. Plano, Texas-based At Home Group Inc. plans to open in …

Minneapolis

Bigger Is Not Always Better - Why Amazon Is Worth More Than Walmart

This week an important event happened on Wall Street. The value of Amazon (~$248B) exceeded the value of Walmart (~$233 billion). Given that Walmart is world’s largest retailer, it is pretty amazing that a company launched as an online bookseller by a former banker only 21 years ago could be worth …

Amazon

Retail Workers Seek Pay Boost After New York's $15 Fast Food Wage Win

On Wednesday, New York’s Wage Board made an unprecedented move: they approved a new $15 hourly minimum wage for the state’s approximately 200,000 fast-food workers. The decision marks the first statewide industry-specific raise in history.

Now, the ‘Fight For $15′ movement of labor activists and …

Food

Jeff Bezos saw his net worth climb by $7 billion thanks to Amazon's stock surge

Amazon had a great second quarter.

Amazon had an excellent second quarter and CEO Jeff Bezos is reaping the benefits. In fact, reports state that his net worth has skyrocketed by as much as $7 billion over the last day thanks to shares of the e-commerce giant soaring.

Bloomberg reported earlier …

Fortune 500

Wal-Mart Acquires Full Ownership Of Chinese E-Tailer Yihaodian

Wal-Mart Stores has acquired the remaining 49% stake it didn’t already own in Chinese online supermarket Yihaodian, as the company tries to better focus on the country’s online shopping boom.

Wal-Mart bought the shares from China’s Ping An Group and Yihaodian co-founders, former Chairman Yu Gang and …

Asia

Starbucks boss hails 'strong and remarkable' quarter

Starbucks said global sales increased 18% to $4.9bn in the quarter to 28 June - its highest ever quarterly revenue.

"Among the strongest and most remarkable quarters in our over 23 years as a public company," is how boss Howard Schultz has described its third quarter performance.

The rise was mostly …

Starbucks

3 reasons why investors suddenly want a piece of Amazon

ANALYSIS:

Amazon’s stock just skyrocketed 18 percent in after-hours trading. Here are three reasons why investors are happy right now:

1) Amazon surprised Wall Street

Amazon surpassed analyst expectations by a landslide. The company was expected to generate losses per share of $0.14 — it instead …

Amazon

Liquor is cheaper in the Twin Cities as Total Wine causes retailers to drop prices

The expansion of alcohol superstore Total Wine & More into the Twin Cities market has caused liquor prices to drop as smaller retailers try to …

Wine

Everything You Need To Know About Amazon’s New Rival Jet.com

Upstart shopping site aims to be cheaper than Amazon, more practical than Costco.

If you haven’t heard of Jet.com yet, you will very soon. The groundbreaking startup e-retailer has already accumulated 100,000 trial members in limited markets, and on Tuesday it will open fully to the public across …

Amazon

Hy-Vee has plan for aggressive growth in the Twin Cities

If Hy-Vee has its way, the grocery chain’s first two Twin Cities stores set to open in September will be the beginning of a long-term shake-up of the …

Minneapolis

Amazon Says Prime Day Was Bigger Than Black Friday And Will Be Held Again

Independent reports yesterday had said that Amazon’s big “Prime Day” sales event had sent the online retailer’s sales spiking. Today, Amazon is detailing the impact of Prime Day by releasing its own internal metrics. According to the company, Amazon Prime Day broke sales records, even exceeding …

Amazon

Amazon Dreams Up a Sale in a Calendar Bursting With Them

Rollback. Doorbuster. Blowout prices. Do those words mean anything anymore?

Even Black Friday is fast getting lost in the blur of perpetual discounts as some of the nation’s biggest retailers go head-to-head Wednesday in a new midsummer event — yet another addition to an annual sales calendar packed …

Amazon

Wal-Mart launches massive sale to rival Amazon's new Prime Day, which promises 'more deals than Black Friday'

Wal-Mart is launching a massive sale to rival Amazon's new Prime Day, a day of shopping that Amazon says will have "more deals than Black Friday."

The Wal-Mart sale, which will involve more than 2,000 online-exclusive discounts, starts Wednesday. That's the same day as Amazon's Prime Day.

Starting …

Amazon

Food Lion lowers prices chainwide

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Food

Why Costco Wants to Keep Expanding Overseas More and More

Demitrios Kalogeropoulos

From a review of its financial filings, you wouldn't describe Costco (NASDAQ:COST) as a global retailer. Sure, it runs …

Costco

Moody's Makes a Bold Prediction for Wal-Mart Stores, Inc.

Wal-Mart Stores investors have had a tough year. Shares of the retail giant have fallen 15%, sliding as the company's turnaround initiatives have yet to generate momentum.

The company surprised the business world earlier this year when it announced that it would raise wages to at least $9/hour for …

Predictions

J. Crew Quietly Slips Downmarket With New ‘Value-Driven’ Store

Lower prices, lower profile

Apparel maker J. Crew quietly announced the opening of a “value-driven” store, the first in a new chain of retail spots that will try to drum up sales among budget-conscience shoppers.

The new chain, dubbed J. Crew Mercantile, will debut in a Dallas shopping center in …

J. Crew

What it's like inside Wal-Mart's new marketplace that's a threat to Whole Foods and Trader Joe's

Wal-Mart is expanding its fleet of smaller-format stores, called Neighborhood Markets.

The Markets, which are one fifth of the size of Wal-Mart Supercenters, pose a major threat to traditional supermarkets like Whole Foods, Kroger, and Trader Joe's, according to Moody's analysts.

"The advantages of …

Walmart

InMarket says nearly 40 percent of Millennial Moms are now beacon-accessible

EXCLUSIVE:

In-store beacons are attracting a lot of marketers’ attention, but the question is whether they make a bottom line difference to the store owner.

The jury is still out on that question for all user groups, but today beacon platform inMarket is introducing some new evidence suggesting the …

Marketing Automation