Retail Roundup—Walmart building hybrid store; Subway explores sale

Front of a large sam's club store (Image: Mike Mozart / CC BY 2.0)
Walmart is creating a new Sam's Club-like store that combines grocery and tech. (Mike Mozart / CC BY 2.0)

Subway seeks potential sale

Struggling sandwich chain Subway has hired Bain & Company to ready itself for a potential sale. The chain, now 52 years old, has posted declining same-store sales for more than five years. (New York Post)

Google invests $550M in

Google has invested $550 million in Chinese e-commerce giant The two tech firms will partner to sell goods online across Southeast Asia, the U.S. and Europe. (CNN Money)

Walmart plans hybrid tech store

Walmart is planning a store in the Dallas area (that has yet to be named) that will be a new concept for its Sam's Club division. The 32,000-square foot space will feature grocery and tech, including convenience items such as grab-and-go meals. (Dallas News)

Amazon putting execs into Whole Foods

Amazon has decided to alter some of the high-level executives at Whole Foods. John Mackey will remain CEO of Whole Foods but he is now joined by two Amazon executives, Rosanna Godden and Heather Dystrup-Chiang. (CNBC)