Retail Roundup—Walmart launches furniture site; Tops files for bankruptcy

Walmart
Walmart introduces furniture and home decor site.

Magento improves Amazon inventory management

Magento Commerce reveals additional sales channel capabilities so merchants can more cost-effectively manage inventory on Amazon. Partnering merchants will benefit from the listing tools that direct product distribution and visibility, provide detailed competitor reporting and generate pricing recommendations. (Magento)

Walmart launches furniture site

Walmart announced the launch of a furniture and home decor site as part of the reorganization of its home group division. The new homepage will featured curated collections across nine style categories including bohemian, farmhouse, modern, Scandinavian, mid-century, traditional, glam, transitional and industrial. (TechCrunch)

Tops supermarkets files for bankruptcy

Supermarket chain Tops Markets has filed for bankruptcy, saying falling food prices and competition from Amazon has forced it to reorganize. The company expects its 169 stores to remain open while it restructures and it has lined up $265 million of financing to help continue operations. (CNBC)

Subway begins loyalty program

Subway will begin offering a loyalty and rewards program in March to U.S. consumers. The Subway MyWay Rewards program will offer a customized experience from how to join to how customers can redeem points. (PR Newswire)

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