October 14, 2019

Retail & Sales

What happened to auto company Rivian?

Florida Trend discovered auto company Rivian in 2011. Read more »
Published on 8/26/2019

Terry Taylor is the nation's largest private owner of automotive dealerships

Terry Taylor doesn't care if you don't know him. He prefers it that way. Read more »
Published on 6/24/2019

Athletic shoes and the billion-dollar resell market

Juan Osorio was in the fifth grade in Jacksonville when he fell in love with a sneaker, the Nike Air Jordan 3... Read more »
Published on 4/26/2019

Florida retailers use ‘dark store' argument to save on property assessments, tax bills

Businesses of all kinds routinely challenge their property assessments in hopes of shaving even small amounts from their tax bills. Read more »
Published on 3/27/2019

Qurate Retail Group Announces Initiatives to Deliver Long-Term Growth

HSN and QVC US will come together in new "QXH" business unit, while maintaining unique brand identities and St. Petersburg, FL headquarters for HSN Read more »
Published on 10/18/2018

Halloween spending to scare up near record numbers this year

Average consumer expected spending to be up over last year's previous record-high, with 175 million Americans expected to participate & $9 billion spent overall; the Sunshine State's new favorite candy is Snickers, followed by Skittles and Reese's Cups Read more »
Published on 10/16/2018

Takeoff Technologies Partners With Sedano's Supermarkets to Launch the World's First Robotic Supermarket

Takeoff Technologies, an eGrocery solution that empowers retailers to attain profitable online growth by leveraging automation at a hyperlocal scale, today announced the launch of the first automated hyperlocal fulfillment center, referred to as the world's first robotic supermarket in partnership with one of the largest Hispanic grocers in the U.S., Sedano's Supermarkets. Read more »
Published on 10/4/2018

Amazon Raises Minimum Wage to $15 for All U.S. Employees, Including Full-Time, Part-Time, Temporary, and Seasonal

New $15 minimum wage is effective beginning this November 1; New $15 minimum wage includes associates employed by temp agencies; More than 250,000 Amazon employees, as well as more than 100,000 seasonal holiday employees, and their families will benefit from the new, higher pay Read more »
Published on 10/3/2018

JM Family Enterprises, Inc.: History, Legacy and Future

When Jim Moran first met executives from a little-known import auto maker Toyota in 1968, he already was a highly successful car dealer. Back in his early days in Chicago, he pioneered the use of a brand new advertising medium — television — to become one of the nation's largest car dealers. His innovations even had earned Moran a cover of TIME magazine. Read more »
Published on 9/28/2018

Publix to Create 700 New Jobs by Expanding Lakeland Corporate Office

Governor Rick Scott and Publix CEO & President Todd Jones announced today that Publix will expand its headquarters in Lakeland and add 700 additional jobs by the end of 2027. Read more »
Published on 9/27/2018

Macy's, Inc. to Hire 80,000 Seasonal Colleagues in 2018

Macy's Gearing Up for a Successful Holiday Season; National Hiring Event on October 18 Read more »
Published on 9/13/2018

Publix Super Markets Charities Donates $5 Million to Help Alleviate Hunger

Publix Super Markets Charities announced today it will donate $5 million to more than 240 nonprofit organizations, including Feeding America® member food banks, focused on alleviating hunger across Publix's operating area. Read more »
Published on 8/9/2018

Publix Reports Second Quarter 2018 Results and Stock Price

Publix's sales for the three months ended June 30, 2018 were $8.8 billion, a 4 percent increase from $8.4 billion in 2017. Comparable store sales for the three months ended June 30, 2018 increased 1.7 percent. The company estimates sales were negatively impacted by 1.2 percent due to the effect of the Easter holiday being in the first quarter in 2018. In 2017, the effect of the Easter holiday was in the second quarter. Read more »
Published on 8/2/2018

Amazon Expands Grocery Delivery From Whole Foods Market To Fort Lauderdale, Miami and Palm Beach

Prime members can enjoy delivery in as little as an hour from Whole Foods Market | Ultrafast delivery from Whole Foods Market is now available in 24 cities through Prime Now, more to come in 2018 Read more »
Published on 7/24/2018

Publix Converts to Electronic Stock Certificates

Effective today, Publix Super Markets Inc. common stock will only be issued as electronic certificates (e-certificates). Paper stock certificates will no longer be available or issued by Publix. Read more »
Published on 7/23/2018

Rent-A-Center to be Acquired by Vintage Capital for $15.00 Per Share in Cash

Transaction Consideration of Approximately $1.365 Billion -- Provides Significant Cash Premium to Rent-A-Center Stockholders Read more »
Published on 6/19/2018

Perry Ellis International Enters into a $437 Million Transaction to Become a Private Company

Perry Ellis Shareholders to Receive $27.50 per Share in Cash Read more »
Published on 6/18/2018

Near record-high spending expected this Father's Day

More than $133 per person expected to be spent on fathers this year with special events, clothing, gift cards, and electronics leading the way of most popular options. Read more »
Published on 6/11/2018

Publix's statement regarding their suspension of political contributions

At Publix, we respect the students and members of the community who have chosen to express their voices on these issues. We regret our contributions have led to a divide in our community. We did not intend to put our associates and the customers they serve in the middle of a political debate. Read more »
Published on 5/29/2018

Publix statement about campaign contributions

Publix issued the following statement last week, in response to criticism for donating to gubernatorial candidate Adam Putnam: Read more »
Published on 5/22/2018

Amazon Serves Up New Benefit for Prime Members at Whole Foods Market

New savings available exclusively to Prime members across Whole Foods Market stores in Florida, and rolling out to all stores nationwide starting this summer Read more »
Published on 5/16/2018

Near-record breaking spending expected in Florida as consumers celebrate Mother's Day

Second highest spending amount ever expected this year as families splurge on moms with jewelry, meals, flowers and clothing the most popular options Read more »
Published on 5/8/2018

Publix Reports First Quarter 2018 Results and Stock Price

Publix's sales for the first quarter of 2018 were $9.3 billion, a 6.8 percent increase from last year's $8.7 billion. Comparable store sales for the first quarter of 2018 increased 5.1 percent. The company estimates sales increased 1.2 percent due to the effect of the Easter holiday being in the first quarter of 2018. In 2017, the effect of the Easter holiday was in the second quarter. Read more »
Published on 5/2/2018

Colin Brown Names Brent Burns CEO of JM Family Enterprises, Inc.

Brown retains role of chairman of the board. Read more »
Published on 5/1/2018

Bealls Inc. announces new sister chain, Home Centric to open May 3rd

Bradenton, FL- Bradenton based Bealls Inc. launches a new chain of stores. The new concept is part of the Bealls Inc. family of stores, operating under the Bealls and Burkes Outlet division, with over 500 retail stores across the southern and eastern U.S. Read more »
Published on 4/26/2018

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An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

Man in Florida paid off the lunch debt for more than 400 students. He hopes others follow suit
Man in Florida paid off the lunch debt for more than 400 students. He hopes others follow suit

Hundreds of Florida students in need were able to have their lunch debt paid off this week through a community group that banded together to set an example. “It has a lot of impacts if a child is happy and well-fed,” said Angie Vyas-Knight, who helps manage the Jupiter Mamas Facebook group.

Earlier Videos | Viewpoints@FloridaTrend

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