MCM Week in Review 8/24/18

| Chris Intili

Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 8/24/2018 Macy’s Reports 1.1% Drop in Net Sales, Booming Mobile Growth in Q2 Macy’s Inc. reported … Continue Reading →

Sears CEO Offers $400 Million for Kenmore

| Daniela Forte

Sears Holdings CEO Edward Lampert entered a bid of $400 million to acquire the Kenmore brand, in a letter to the Sears board, offering to pick up the Sears Home Services division for $70 million to $80 million. See why this move is critical and what it means for Sears’ future.

MCM Week in Review 8/17/18

| Chris Intili

Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 08/17/2018 We Want You … to Attend The Marketplace Summit The Marketplace Summit is a one-day … Continue Reading →

National Stores Files Chapter 11, Plans to Close 22% Of its Stores

| Mike O'Brien

Discount retailer National Stores, which owns the Fallas, Factory 2-U, Weiner’s, Conway and Anna’s Linens brands, joined the growing list of Chapter 11 filings on Monday, the company reported, blaming a 2017 data breach, the 2014 purchase of Conway and a brutal environment.

Kroger Launches Same-Day Service, Pushes on Other Digital Fronts

| Mike O'Brien

Kroger, demonstrating why it is a force to be reckoned with in e-grocery, is now offering same-day delivery in five markets, while also testing out self-driving delivery in a Phoenix pilot and creating automated distribution centers with partner Ocado.