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.
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.
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.
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.
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.
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.
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.
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.