Bed Bath & Beyond has hired Target Chief Merchandising Officer Mark Tritton as its new CEO effective Nov. 4. Tritton worked at Nordstrom before joining Target in 2016, and led the creation of new private-label brands that were a key part of successful efforts to turn around Target's sales.
Amazon Go's move into airports will mean major changes on the horizon for retail, and stores will likely begin appearing in new places like apartment complexes. The company's checkout-free technology is anticipated to scale up for businesses like supermarkets and become a necessity for future retail operations.
Target has promoted Michael Fiddelke to the post of executive vice president and chief financial officer, succeeding Cathy Smith. Fiddelke worked at Deloitte Consulting before joining Target more than 15 years ago, and his roles at the retailer have included posts in operations, finance, merchandising and human resources.
Vitamin Shoppe is unveiling a new store design at its location in Edgewater, N.J. -- the first of six stores slated for remodels. The new layout features prominent displays of beauty products and beauty supplements, with the goal of appealing to women shoppers who comprise 53% of the retailer's customer base.
Lululemon Athletica rose from 11th to seventh place on the list of most popular fashion brands among teens in the latest "Taking Stock With Teens" survey from Piper Jaffray. The rise reflects an ongoing shift in preferences from preppy to athleisure styles, and comes as Lululemon enters the footwear category.
Japan-based Uniqlo parent Fast Retailing has seen success with its GU fashion brand, which is experimental in style and aimed at younger consumers. The concept has grown in Japan and expanded into Hong Kong and Taiwan.
Furniture retailer Restoration Hardware has created a rooftop restaurant at its store in Edina, Minn., with an upscale menu and decor that reflects the retailer's high-end furniture offerings. It's the fourth restaurant for Restoration Hardware, also known as RH, whose design stores are called "galleries."
Dollar General will pilot a new service in the coming months that will allow shoppers to order online and pick up their items at select stores. Around 45% of the company's customers use digital tools while shopping and spend twice as much as the average customer.
Long gone are the days when Halloween was just for kids. Today's Halloween shoppers are older, influenced by social media (especially Pinterest) and love to dress up their pets (pumpkin costumes lead the pack). See other ways shopping behavior around Halloween has evolved over the last decade. Learn more.
Imports at the nation's major retail container ports are expected to hit their highest level of the year again next month just before more tariffs take effect in December, according to the Global Port Tracker report from NRF and Hackett Associates. A total of 1.97 million containers came into US ports just before September tariffs took effect, and the same number is expected in November. Read more.
Newk's Eatery has created a smaller footprint for new stores and launched a program to remodel all units over the next 18 months. The new design reflects growing consumer demand for off-premises dining, with about 20% fewer seats and separate pickup areas for to-go orders, CEO and founder Chris Newcomb said.