CVS will expand its HealthHUB concept to a slew of new markets in early 2020, in an effort to grow the concept to 1,500 locations in the next two years. As part of the retailer's $70 billion acquisition of Aetna, many of the new HealthHUBs will be located in markets forecast to have higher levels of consumers with chronic diseases.
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Lululemon Athletica opened a 20,000-square-foot Chicago flagship this week that includes a restaurant called Fuel, which will serve healthy dishes, burgers and draft beer. The store will also feature space for up to 10 daily workout classes, and give customers the option of borrowing workout wear for their sessions.
Dollar General aims to boost profits and attract higher-income shoppers with higher-margin goods including home decor items, candles and gift bags, now available at more than 1,000 of its stores. The new home and party sections will roll out to about 1,400 more of the discount retailer's 15,000 US stores by year's end.
Fashion and accessories retailer Charming Charlie will shutter all 261 of its remaining locations by the end of next month. The retailer has also ceased online sales after filing for bankruptcy protection for the second time in less than two years.
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Sephora and American Eagle Outfitters are joining the growing list of retailers with plans to sell CBD health and beauty products. Sephora has begun rolling out the CBD-infused Lord Jones skin care line, and in October American Eagle will start selling products from Green Growth Brands, which recently struck similar deals to sell its body care line at Abercrombie & Fitch and DSW.
Payless ShoeSource generated nearly 4% of US kids' shoe sales last year, according to NPD Group, and the chain's store closures this year could mean bigger back-to-school footwear sales for some other retailers. Parents who bought shoes at Payless also spent at Walmart, Target and Kohl's, NPD found.
Retail Benchmarks 2019: How Do You Compare?We analyzed the performance of over 13,000 retail stores around the world to surface insights into their revenues, margins, transactions, and customers. This page summarizes our findings and offers a tool that you can use to calculate your store's performance. Read on to discover how your business measures up compared to other retailers in your region and industry.
IKEA plans to release a new lineup of smart home products, including a water-resistant wireless remote, motion sensor, spotlights, its first Tradfri filament LED bulb and an E12 bulb for ceiling fans and chandeliers. The products will be compatible with Apple HomeKit, Amazon Alexa and Google Home.
Kroger will build its next robotic fulfillment center near Atlanta in partnership with Ocado. The $55 million facility will be outfitted with automated, robot-driven solutions and is one of 20 planned centers.
As manager of media and partnerships for Zulily, Brian Doherty leverages "both the art and science of retail marketing" to create "compelling, engaging and effective" campaigns that he says build bridges between brands and customers. Ahead of his presentation at the NRF NXT conference later this month in Las Vegas, Doherty explains how non-engineers can work with advanced technology and embrace a data-driven culture. Read more.
NRF will name Kohl's CEO Michelle Gass as "The Visionary," an award given each year to an outstanding leader in the retail industry. The award will be presented during the sixth annual NRF Foundation Honors next January in New York City. Gass will also be a keynote speaker at NRF 2020 Vision: Retail's Big Show. Read more.
A&W turns 100 this year, and the brand's growth strategy melds the past and the future. The chain has resumed brewing its signature root beer in each of its 600 US locations and serving it in frosty glass mugs instead of paper cups, and a meatless burger was added to the menu in a nod to the current plant-based craze.