Gap CEO Art Peck to exit the company | Sears to close nearly 100 more stores | Kohl's makes a bigger investment in beauty
November 8, 2019
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Gap CEO Art Peck to exit the company
Gap CEO Art Peck to exit the company
Peck (Pool/Getty Images)
Gap CEO Art Peck has stepped down from the post he has held since 2015 and will leave the company after a short transition period, the retailer said. Non-executive Chairman Robert J. Fisher, the son of the fashion retailer's founders, was named interim CEO, and the changes are not expected to affect plans to spin off Old Navy as a standalone company.
The New York Times (tiered subscription model) (11/7),  The Wall Street Journal (tiered subscription model) (11/7) 
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Retailers Reaching Real-Time Relevance
Retailers like Dunhill are innovating new ways to achieve advanced personalization; even with limited resources, small teams and tight budgets. Better yet, they're getting rewarded with ROI of $20+ or more. Read the research and their stories here!
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Industry Watch
Sears to close nearly 100 more stores
Sears to close nearly 100 more stores
(Mario Tama/Getty Images)
Sears will close another 96 namesake and Kmart stores starting next month, bringing the total remaining open to 182, less than half the 425 locations it had when the retailer exited bankruptcy earlier this year. The retailer has also secured $250 million in new financing from lenders including owner Edward Lampert.
Chicago Tribune (tiered subscription model) (11/8),  Reuters (11/7) 
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Kohl's makes a bigger investment in beauty
Kohl's doubled the size of the beauty departments in 12 of its stores to 1,500 square feet to make room for new brands and features such as Modiface's augmented reality mirrors. "Beauty is a space we're heavily invested in, and we're going to get pretty assertive with how aggressive we roll that out," Chief Merchandising Officer Doug Howe said.
Glossy (tiered subscription model) (11/8) 
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NRF Foundation honors The List of People Shaping Retail's Future 2020
The NRF Foundation will honor executives and others from the world of retail named to The List of People Shaping Retail's Future 2020, including ThredUp co-founder and CEO James Reinhart and Home Depot's Executive Vice President of US Stores Ann-Marie Campbell. "Our industry has the power to spark impressive change and build dynamic careers, and the honorees on the list embody the passion and diversity in retail today," NRF Foundation President Ellen Davis said.
Women's Wear Daily (subscription required) (11/7) 
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2019 Holiday Shoppers Insights
Join retail experts from Netsuite, Deloitte, and the jewelry brand, Pura Vida, on Wednesday, November 13. They will discuss what's in store for executing this year's holiday shopping season, what insights retailers should look forward to gleaning from holiday shoppers, how they can use those insights in 2020, and what trends retailers can look forward to next year. Register now.
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Retail Trends
Industry experts react to Kroger's new look
Industry experts react to Kroger's new look
(Kroger)
Industry experts and graphic designers share their reactions to Kroger's latest branding effort, which includes a new logo, tagline and a set of animated characters called Krojis. "In today's world, if the creative isn't light-yourself-on-fire awesome, it's not going to break through," said Amanda Rassi, Kroger's vice president of marketing.
Winsight Grocery Business (11/8) 
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Best Workplaces in Retail list includes these 3 grocers
Best Workplaces in Retail list includes these 3 grocers
(Maryland Pride/Wikimedia Commons)
Wegmans, Publix and Nugget Market are included on the 2019 list of Best Places to Work in Retail, compiled by Fortune and Great Places to Work. The three grocers are no strangers to such accolades -- all were included on the 100 Best Companies to Work For list released earlier this year and, in July, Wegmans and Publix landed in the Best Places to Work for Millennials list.
WXXI-TV (Rochester, N.Y.) (11/7),  Progressive Grocer (11/7) 
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Retailers pledge speedier delivery to entice holiday shoppers
Retailers pledge speedier delivery to entice holiday shoppers
(Bryan R. Smith/AFP/Getty Images)
Retailers are offering faster delivery this holiday season to gain sales during a shorter shopping period. Target is making its drive-up service available nationwide with pickup orders ready within an hour, while Best Buy is providing next-day delivery for many items and Walmart will deliver orders over $35 for free the following day for all customers.
Reuters (11/7) 
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NRF News
Retail imports to see final tariff-driven surge of the year
Imports at the nation's major retail container ports are expected to see their final surge of the year this month ahead of new tariffs set to take effect in December, according to the Global Port Tracker report released today by NRF and Hackett Associates. "Retailers are highly competitive, but the ability to compete has been challenging this year because of the uncertainty of the trade war and continued tariff escalation," NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. Read more.
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NRF SmartStat: Nov. 8, 2019
Holiday shoppers between the ages of 35 and 44 plan to spend an average of $1,158.63, the highest of any age group. Source: NRF and Prosper Insights & Analytics.
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How Gen Z is influencing shopping
Generation Z is responsible for a fundamental shift in the way families shop and it's having an impact on the retail industry. NRF's Fall 2019 Consumer View report takes a deeper dive into the role these teens and pre-teens play in their parents' purchasing decisions and how they're spending their own money. See the data.
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Join NRF | Advocacy | Insights and Trends
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Chain Restaurant News
McDonald's invests in renewable energy firms
McDonald's invests in renewable energy firms
(Kena Betancur/Getty Images)
McDonald's will invest an undisclosed amount in solar and wind power startups in Texas that the company says will generate enough electricity to power the equivalent of more than 2,500 McDonald's restaurants. The company set a goal early last year of producing 36% less greenhouse gas emissions than it did in 2015 by 2030.
Nation's Restaurant News (free registration) (11/7) 
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Where there is age there is evolution, where there is life there is growth.
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actress, director, producer
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