Toys R Us to expand in China
Toys R Us plans to open 40 to 50 stores annually in major cities in China while continuing to build its strong online customer base in the country. China is the retailer’s fastest growing market, and Toys R Us currently has 134 physical stores in 55 cities there. (China Daily)
Amazon's next bookstore will be in D.C.
Amazon will continue its push into physical bookstores with a new brick-and-mortar space in Washington, D.C. The opening date has not been announced, but the 10,000-square-foot location is slated to open on M Street in the Georgetown neighborhood. (The Washington Post)
Camping World to acquire 70-plus Gander Mountain stores
Camping World has agreed to acquire certain assets of Gander Mountain following its approved successful bid for the company at a bankruptcy auction. Currently, after assessment, Camping World plans to keep and operate at least 70 former Gander Mountain locations. (Business World)
Wegmans, Publix named favorite grocers
Wegmans and Publix have tied for consumers’ favorite grocers based on cleanliness, value and cashier friendliness. According to the Market Force survey, Trader Joe’s came in a close second with especially high marks for cashier friendliness. (Media Post)