Chanel is opening a diner in Williamsburg, Brooklyn — but don’t expect the typical diner-esqe grubs — burgers and french fries, as it wouldn’t be on brand for the fashion house. Instead, between Sept 8 and 10, guests will be seated in diner booths at...
Despite Walmart’s better-than-expected earnings results, Reuters reported earlier this week that the mega-retailer is asking 16,000 pharmacists nationwide to voluntarily cut hours in an effort to conserve margins. According to the article, possible offers range from reducing an 80-hour two-week work period to 64 or...
This week in grocery, Weis Markets and The Fresh Market leverage contextual commerce to drive loyalty and engagement, Dollar General looks to expand its produce selection, and Target expands its private-label food selection. Weis Markets, a grocery chain with nearly 200 East Coast locations, is...
While other retailers are focusing on going smaller and leaner, Dollar General is looking to go bigger. “I am very, very pleased with the new store returns we’re seeing, also the pipeline that we have. And our format innovation really is what’s allowed us to...
The “less is more” approach seems to be a winning strategy for Victoria’s Secret, as the lingerie retailer showcased a robust August despite a weak quarter. This success was attributed to adjustments in their global strategy, along with partnerships that led to the creation of compact stores,...
Three brands in the specialty apparel retail industry have been brought together in the KnitWell Group, a new holding company formed by private equity firm Sycamore Partners. With three apparel brands under its umbrella — Ann Taylor, Loft and Talbots — KnitWell Group generates combined annual sales of over $3 billion, the holding...
In today’s competitive retail landscape, understanding and leveraging customer data have become paramount for retailers. In fact, recognizing the value of omnichannel customer data and actively seeking innovative ways to gather and utilize these insights can enhance retailers’ operations and improve the overall shopping experience. ...
For the third time this month, Carvana is expanding its same-day delivery program. The online car seller announced in a news release Thursday (Aug. 30) that it would begin offering that service to select customers in North Carolina. “When we launched vehicle delivery in Charlotte almost 10 years ago,...
Walmart has announced new fulfillment options and an expansion to Chile for the third-party sellers on its marketplace platform. These new services were announced in conjunction with the retail giant’s first-ever summit dedicated to Walmart Marketplace and its third-party sellers, Manish Joneja, senior vice president...
