The target has been the Montvale-based paint manufacturer's exclusive distribution partner for the past five years.
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Retail
Spencer’s parent company elevates COO to president
Isaac Silvera leads the finance, supply chain, real estate, information technology and e-commerce teams, and plays a key role in driving new initiatives and strategy.
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Bed Bath to sell Cost Plus World Market to private equity
The deal includes 243 bricks-and-mortar stores, two distribution facilities, an e-commerce business and a corporate office in Alameda, Calif.
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Southern convenience chain purchases QuickChek for $645M
The purchase price includes expected tax benefits valued at $20 million for a net after-tax purchase price of $625 million.
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Amazon Logistics launches Carteret delivery station
The delivery station at 377 Roosevelt Avenue will create more than 200 associate jobs, all paying at least $15.00 per hour, in addition to hundreds of driver opportunities for Amazon’s Delivery Service Partners and Amazon Flex drivers.
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Walmart announces more than $8.4M in bonuses for New Jersey associates
New Jersey associates received a little extra in their Nov. 25 paychecks following the company's strong third-quarter business performance.
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Levin Management retail survey gauges a holiday season different than the rest
Retailers weighed in on sales, traffic and their optimism. The takeaway? While the global pandemic has made an indelible mark, there are some brighter-than-expected results.
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‘Grinch times five’
The COVID-19 pandemic has shattered traditions over the past nine months, and the year end holiday season will be no exception. In the past, holiday shopping would kick off with a Black Friday dash, and hundreds or thousands of consumers crowding into malls and big box stores for the best deals. This year, the madness was far more muted.
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Hudson completes merger with Dufry AG
The airport retailer now owns more than 1,000 stores in airport, commuter hub, landmark, and tourist locations.
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A COVID craft boom
While some call it an outlet, Ann Marie Santarelli calls it an addiction. But, she said, knitting is the only addiction she knows of that doesn’t have adverse consequences. “You’re not smoking pot or drinking booze or selling your soul in the street,” Santarelli said. “They call it the new yoga. Because you focus on your work, it takes you away from the negative for a while.”
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Bed Bath & Beyond hires retail veteran to lead merchandise planning team
John Welling has been named as senior vice president Merchandise Planning, Allocation & Operations where he will be responsible for helping lead the transformation of Bed Bath & Beyond's inventory planning and replenishment strategy.
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Aldi to open Monmouth Junction store
“We are dedicated to providing the communities we serve the best groceries at the lowest possible prices, and we look forward to introducing Monmouth Junction to their new neighborhood grocery store,” said Bob Grammer, Aldi's Center Valley division vice president.
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