Wegmans to grow to 6 Mass. stores | Home Depot to add 1,000 tech workers this year | Bon-Ton to liquidate, close all 250 stores
ADVERTISEMENT
April 19, 2018
CONNECT WITH GMDC LinkedInFacebookTwitterYoutube
GMDC SmartBrief
General Merchandise and Health Beauty Wellness News
SIGN UP ⋅   FORWARD
Retail Updates
Wegmans to grow to 6 Mass. stores
Wegmans to grow to 6 Mass. stores
(Wegmans)
Wegmans will open a store in Natick, Mass., on April 29, its sixth in the state as it expands there. The company's efforts to open a location in Boston proper, however, have not yet borne fruit, with a bid for a Fenway location falling through last year.
The Boston Globe (tiered subscription model) (4/18) 
LinkedIn Twitter Facebook Google+ Email
 
Home Depot to add 1,000 tech workers this year
Home Depot to add 1,000 tech workers this year
(Scott Olson/Getty Images)
Home Depot will hire more than 1,000 new employees for its technology team this year, as part of a push to stay competitive with rivals including Lowe's and Amazon. The team currently has about 2,800 staffers, and the new hires will work across several areas including software, user experience and product management.
Recode (4/18) 
LinkedIn Twitter Facebook Google+ Email
 
Bon-Ton to liquidate, close all 250 stores
Bon-Ton Stores won bankruptcy court approval Wednesday for a sale of its assets to a group consisting of bondholders and liquidators Great American Group and Tiger Capital Group. The buyers will liquidate inventories and shutter all 250 stores in 23 states by Aug. 31, according to court documents.
The Wall Street Journal (tiered subscription model) (4/18) 
LinkedIn Twitter Facebook Google+ Email
General Merchandise and Health Beauty Wellness News
P&G to buy consumer health unit from Merck KGaA
P&G to buy consumer health unit from Merck KGaA
(Procter & Gamble)
Merck KGaA has reached a deal to sell its consumer health division to Procter & Gamble for $4.2 billion. Merck KGaA makes over-the-counter products such as vitamins, supplements and nasal decongestant for markets outside the US.
MarketWatch (4/19) 
LinkedIn Twitter Facebook Google+ Email
 
Moroccanoil adds Color Complete Collection
Moroccanoil adds Color Complete Collection
(Dia Dipasupil/Getty Images)
Moroccanoil has created a five-product Color Complete Collection designed to care for color-treated hair. Celebrity colorist Lorri Goddard and influencers including Jessica Wang and Blair Eadie have signed on to promote the new line.
Women's Wear Daily (subscription required) (4/18) 
LinkedIn Twitter Facebook Google+ Email
 
Ouai's Air Dry Foam promises smooth waves
Ouai Haircare has launched a product called Air Dry Foam that's designed to create waves without frizz. Ingredients include kale extract, carrot protein, cedar, sandalwood and patchouli.
Drug Store News (4/18) 
LinkedIn Twitter Facebook Google+ Email
Innovation and Retail Technology
Robot learns to assemble IKEA furniture quickly
Researchers at Singapore's Nanyang Technological University have created a robot that can assemble a flat-pack chair from IKEA in around nine minutes. Future iterations of the technology will incorporate artificial intelligence so the robot can interpret the assembly instructions by itself, said co-creator Quang-Cuong Pham.
New Scientist (free content) (4/18),  The New York Times (tiered subscription model) (4/18) 
LinkedIn Twitter Facebook Google+ Email
Industry and Consumer trends
Home-improvement retailers are doing more with fewer stores
Home-improvement retailers are doing more with fewer stores
(Scott Olson/Getty Images)
The number of US home-improvement stores has declined almost 12% since 2007, according to analysts at UBS, while leading chains Home Depot and Lowe's continue to see strong sales. Shifting shopping habits are driving retailers in most segments to make changes at the store level, Cowen analysts said.
MarketWatch (4/19) 
LinkedIn Twitter Facebook Google+ Email
 
Report: New, niche products drive center store growth
Report: New, niche products drive center store growth
(Joe Raedle/Getty Images)
Niche products that address a consumer need are keeping the center store a vital part of a shopping trip, according to shopper intelligence firm Catalina. Among the sub-categories that are spurring center store growth: items with nonfat, heart-healthy or non-GMO labels, Catalina reported.
Progressive Grocer (4/18) 
LinkedIn Twitter Facebook Google+ Email
 
  
  
The sea does not reward those who are too anxious, too greedy or too impatient. ... One should lie empty, open, choiceless as a beach -- waiting for a gift from the sea.
Anne Morrow Lindbergh,
author and aviator
LinkedIn Twitter Facebook Google+ Email
  
  
Learn more about GMDC:
Who We Are  |    Conferences  |    Membership  |    Insights  |    Resources  |    Retail Tomorrow
Sign Up
SmartBrief offers 200+ newsletters
Advertise
Learn more about the SmartBrief audience
Subscriber Tools:
Contact Us:
Advertising  -  Chris Warne
P: 646.462.4647
Editor  -  Janet Forgrieve
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
© 1999-2018 SmartBrief, Inc.®
Privacy policy |  Legal Information