Target to offer same-day pickup service in more stores | Report: US retail sales fell slightly in April | NRF's calculation, which excludes car dealers, gas stations and restaurants, found that sales for April were down 0.2% from March but were up 5.2% year over year. Read more.
Target will expand its same-day Drive Up service to 1,250 more stores in six states, the retailer said in a blog post. The program gives online shoppers the option of ordering from local stores and having their orders delivered curbside within an hour.
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US retail sales dipped 0.2% in April, according to a Commerce Department report, missing economists' forecasts for 0.1% to 0.2% growth. Sales data for March was revised upward to 1.7%, marking the biggest single-month sales increase since September 2017, and sales last month were up 3.1% compared with April 2018.
Discount supermarket chain Grocery Outlet is looking to raise $100 million through an initial public offering. The company has seen 15 consecutive years of sales growth for stores open at least one year and has more than 300 locations in the US.
Walmart will consider an initial public offering for UK-based supermarket chain ASDA, now that a proposed merger with Sainsbury's is off the table, Walmart International CEO Judith McKenna said. UK regulators blocked the Sainsbury's deal, which would have reduced Walmart's investment in Britain and freed resources to focus on faster-growing global markets like China and India.
Walmart and Target are meeting with CBD product makers in preparation for being able to legally sell items with CBD like gummy bears, drinks, topical creams and oils, according to a New York Post report. Kroger and Safeway are also examining samples of products and requesting pricing information and lab results.
Harrods ranks first on a new list of the world's top-performing luxury department stores, based on sales per square foot, followed by China's SKP, according to GlobalData. Other British department stores Selfridges, Liberty and Fenwick made the top 10.
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Dollar General is incorporating new tech tools into its no-frills shopping experience to keep up with consumers' changing shopping habits and to stay competitive. Shoppers using the Dollar General app and redeeming digital coupons tend to spend approximately twice as much as customers who don't use those tools, the company said.
Retailers believe working with international allies and returning to the Trans Pacific Partnership could help achieve meaningful trade reform with China but that more tariffs will only cost US consumers, NRF President and CEO Matthew Shay said. "We urge the US and China to get these critical negotiations back on track. Both sides will lose in a full-blown trade war, and the global economy will suffer," he said.
With nearly 50 million deliveries, online grocery service Peapod has mastered the use of personalized marketing and data. Co-founder Thomas Parkinson and Chief Marketing Officer Carrie Bienkowski will talk about marketing technology, why it's critical and why it's hard to do well this July at NRF NXT 2019 in Las Vegas. Register.
Over the last few years, beauty retailer Sephora has paved the way when it comes to meeting shoppers where and how they want to be served. At the NRFtech 2019 conference in San Francisco May 19-21, Sephora Executive Vice President of Omni Retail Mary Beth Laughton will share insights on what sets the company apart. Learn more and register.
Burger King has added the plant-based Impossible Whopper to the menu in three more markets as it moves toward a nationwide rollout this year, said Jose Cil, CEO of parent Restaurant Brands International. Sibling chain Tim Hortons has launched a test of Beyond Meat's plant-based Beyond Breakfast Sausage in three of its breakfast sandwiches.