Plus size retailer Avenue has 60 days to find a buyer — or it will shutter all of its 260 stores across the country by Lisa Fickenscher at NY Post. Read more   Publix Q2 comp sales +4.8% Press release   Lowe's is eliminating thousands of maintenance and assembly worker jobs and outsourcing them to third-party companies at CNBC. "Associates who were in these positions will be given transition pay and have the opportunity to apply for open roles at Lowe’s,” the company said in a statement to CNBC." Read more   Floor & Decor Q2 comp sales +3.0% [...]

  Amazon in early talks to buy stake in India's Reliance Retail at Reuters. "The conglomerate, controlled by India’s richest man Mukesh Ambani, was previously in talks with China’s Alibaba to sell a stake in Reliance Retail, but a deal could not be sealed due to differences in valuation, a person familiar with the matter told Reuters." Read more   Nordstrom family reportedly prepares proposal to increase stake in retailer at CNBC. "A group of Nordstrom family members that own 31.2% of Nordstrom have been working on a proposal to increase their stake in the department store to more than [...]

  Amazon in early talks to buy stake in India's Reliance Retail at Reuters. "The conglomerate, controlled by India’s richest man Mukesh Ambani, was previously in talks with China’s Alibaba to sell a stake in Reliance Retail, but a deal could not be sealed due to differences in valuation, a person familiar with the matter told Reuters." Read more   Nordstrom family reportedly prepares proposal to increase stake in retailer at CNBC. "A group of Nordstrom family members that own 31.2% of Nordstrom have been working on a proposal to increase their stake in the department store to more than [...]