Retail Roundup—UberEats heads east; Bon-Ton races to find buyer

Uber, ride-hailing
Uber's food delivery service is already in 200 cities. (Uber)

Alibaba invests in Rent the Runway

Alibaba founders Jack Ma and Joe Tsai are giving $20 million through their investment firm to Rent the Runway. While Rent the Runway was not looking to raise new funding, this rare opportunity came along and co-founder and CEO Jennifer Hyman was excited to be working with Ma and Tsai. (Recode)

UberEats hits Europe, Middle East, Africa

Uber announced it will expand UberEats to 100 new cities in 2018 in Europe, the Middle East and Africa. UberEats will play a role in the company's push to expand outside of its core ride-hailing business. (PYMNTS)

Retail jobs beat expectations in February

The retail industry beat expectations and added 46,400 jobs in February, according to the National Retail Federation. The increase was more than four times the gain of 10,800 jobs seen in January, reflecting consumer confidence, tax reform and a strong economy. (Retail Leader)

Bon-Ton races to find buyer

Bankrupt Bon-Ton Stores is getting pressure from hedge funds to liquidate and is in a race to find a buyer in order to keep open some of its stores. A U.S. bankruptcy court approved the sale this week with an April 2 deadline for accepting bids. (Reuters)