ECOMMERCE

ShopRite teams with MyWebGrocer to launch mobile app

BY CSA STAFF

Keasbey, N.J. ShopRite said it has introduced a tool that is the first mobile phone app on Android’s operating system dedicated to weekly grocery specials.

The tool was developed by MyWebGrocer and first introduced as an Apple iPhone and iTouch app last November.

After selecting a preferred store, users receive price updates automatically each Sunday morning. They can browse specials by category, build a shopping list and synchronize lists between their device and shopping list on ShopRite.com.

Voice command capabilities to add items to a shopping list are available, but only to Android users.

 

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FINANCE

German court approves Karstadt takeover plan

BY CSA STAFF

Berlin A German court has given the go-ahead for an investor to take over the country’s bankrupt Karstadt department store chain with its 25,000 employees, according to a Friday report by the Associated Press.

Karstadt has been under an insolvency administrator since parent Arcandor AG filed for protection in June 2009.

The German news agency DAPD reported that an administrative court in Essen on Friday approved a plan for financial investor Nicolas Berggruen to take over the chain. Berggruen was chosen to take over Karstadt in June but the plan then got delayed while negotiating over rent levels for its approximately 120 stores.

An agreement by the buildings’ owners to lower rents paved the way for a final deal this week, according to AP.

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FINANCE

Duckwall-Alco same-store sales dip in August

BY CSA STAFF

Abilene, Kan. Duckwall-Alco Stores said late Thursday that same-store sales dipped 0.8% in August.

Total revenue rose 1.1% to $33.4 million due to improved inventory control, higher productivity and stronger marketing, said the company.

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