SUPERVALU and Instacart have teamed up to expand grocery delivery services to all of the retailer's stores, the company said Monday. SUPERVALU has also expanded its click-and-collect service to more stores, with plans to grow it further in the future.
Bloomingdale's is in the midst of a major renovation of its New York City flagship, which next year will include revamping three fashion floors, creating a shoe complex and making over its cosmetics section. The 10-story flagship generates as much as 20% of the retailer's annual sales, and the changes are aimed at making the shopping experience more fun and encouraging shoppers to socialize as well as shop.
Subscription fashion services such as Stitch Fix are rising in popularity and spurring other retailers to test different versions of the model. Online secondhand fashion retailer ThredUp's new Goody Box service sends up to 20 discounted garments per box, Ann Taylor has launched a fashion rental service and Gap has created subscription services for its Baby Gap and Old Navy brands.
Barcelona-based fashion retailer Mango has built a Lisbon, Portugal, flagship with art deco features and high-tech perks including Wi-Fi, digital dressing rooms and a click-and-collect program. The store is one of about 200 larger-format Mango stores that bring its women's, men's and children's fashions together in one store.
Amazon, Seattle's biggest employer, has dramatically reduced the number of job openings in its hometown after more than doubling its staffing over the past four years, according to data analyzed by the Seattle Times. The e-commerce company was advertising 3,503 openings as of last Friday, down from more than 9,000 in June.
Starbucks marketing leaders are focusing on people instead of the product in the short story film series "Upstanders," which focuses on community members who are making a difference. "If [humans] can be moved by powerful stories, funny stories, inspiring stories, stories that bring joy into their hearts or get them to see things differently, they will develop a deeper affinity to a brand," says Rajiv Chandrasekaran, vice president for public affairs and executive producer at Starbucks.
Changes in the weather can affect retail traffic and sales, said Evan Gold, executive vice president at Planalytics, in the latest installment of the "Retail Gets Real" podcast. Planalytics helps retailers account for changing weather conditions when using historical data to figure out how to allocate resources and order inventory.
Recent breaches show that the strategy many boards embrace for their cybersecurity efforts is falling short, Axio Global Chief Technology Officer Jason Christopher writes. Boards can implement a more effective strategy by looking at exposure in financial terms, focusing on a maturity-based cyberevaluation framework and having resources in place to recover from an attack.
Amazon's offerings grew to include 16 private-label fashion, footwear and accessories lines this year, and the e-commerce giant's annual clothing sales are on track to hit $62 billion by 2021, Cowen & Co. reports. Lark & Ro is Amazon's largest private-label fashion line, and this year's new names include a Zara-like fashion line called Find.
French commercial property company Unibail-Rodamco will purchase Australia-based mall operator Westfield in a deal valued at $24.7 billion, including assumed debt, the companies said. Westfield owns 35 US and UK shopping centres and has been seen as a leader in the effort to reinvent malls to stay competitive in the age of e-commerce.
- Page 1