Sears has opened a 10,000-square-foot Kmart shop inside a Sears department store in Brooklyn, N.Y., selling groceries, health and beauty items and other household goods. The retailer also plans to create mini-Sears stores inside Kmart locations to sell higher-end appliances.
Walmart has named US Chief Marketing Officer Tony Rogers to the newly created post of chief member officer at Sam's Club, effective in late July. "I see a lot of untapped potential, kind of how I saw the Walmart brand when I came here 12 or 13 years ago," Rogers said.
Established beauty brands like CoverGirl and 35-year-old Glad Lash are expanding into retail, with plans for stores that will focus on classes, events and experiences. "[W]e really wanted to have the hands-on interaction with our customers," said Melissa Palmer, CEO of 22-year-old natural skincare brand Osea, which recently announced plans for its first store.
Memebox has launched an e-commerce effort called Insider Access that lets influencers open online micro-shops featuring their YouTube and Instagram content, alongside up to five beauty products that viewers can buy. The company is also creating an exclusive K-beauty line for Sephora.
A new app from Dollar General allows mobile users to scan their items and pay while avoiding checkout lines. The DG Go app, for now available for use in just 10 stores, emails users an immediate receipt and applies any saved coupons automatically.
Pinterest has partnered with FabFitFun to create a "Pinterest Box" retailing for $49.99 that contains a curated collection of products from the highest-rated trends on the platform related to clothing, health and beauty. "It's really product discovery that gets smarter with more personalization and that's the grand vision," said Pinterest's Vikram Bhaskaran.
Luxury jewelers including De Beers and Bulgari are redesigning stores, creating less-expensive collections and signing celebrity faces to court millennials. Younger consumers don't dress up as much as earlier generations, so retailers are redesigning their pieces for more casual styles and working to convince millennials to buy themselves jewelry without waiting for a special occasion.