Target will team with TRU Kids, the new owner of Toys R Us, to manage the relaunch of the brand's online retail arm. The site will roll out as ToysRUs.com, and customers who click to buy will be redirected to Target, which will handle sales and order fulfillment.
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Kroger and Walgreens have both announced plans to stop selling e-cigarettes amid health concerns and increasingly complex regulations around the products. Walgreens hasn't publicly announced a timeline for removing the products from its 9,500 stores and Kroger plans to stop after selling through its current inventory.
Best Buy will hold a series of hiring events across the country this month to recruit thousands of seasonal staffers in a tight labor market, the retailer said. US retailers are expected to hire between 530,000 and 590,000 temporary staffers this holiday season, according to an NRF forecast.
Walmart-owned men's clothing retailer Bonobos will trim dozens of jobs from its 600-person staff as Walmart seeks to stem losses from its e-commerce division. Bonobos launched in 2007 as an online brand, expanded with brick-and-mortar showrooms and was acquired by Walmart in 2017.
Gander Outdoors is preparing to close stores in Eden Prairie and Bemidji, Minn., store employees said, as well as several other locations Iowa, Missouri, Kentucky, Alabama, Illinois and New York. The moves are part of the retailer's plan to sell, shutter or repurpose 37 locations as it continues to expand its focus on recreational vehicles.
Teen spending has dipped 4% from the same time last year and 10% from the spring, according to Piper Jaffray's biannual survey of US teens from households with an average income of $65,400. Food remains the biggest spending category for male teens and the second-biggest for females, with Chick-fil-A topping the list of favorite eateries, and Nike and American Eagle Outfitters rank first and second among fashion brands, which represent the top spending category for female teens.
Lego has launched Lego Replay, a program that will provide free mailing labels to customers who want to turn in old Lego bricks, which the company will clean up and donate to after-school programs that need them. The program stemmed from customer requests for an eco-friendly way to find new uses for the old toys, said Lego executive Tim Brooks.
CBD is gaining popularity, but shoppers want more info More than 25% of consumers now use cannabidiol (aka CBD) daily or as-needed, according to Acosta, but many shoppers are still wary of claims and want more information. Read more to learn what's driving CBD purchases and what barriers are holding some consumers back.
Target has pledged $250,000 to the University of Minnesota to fund scholarships, grants, fellowships, curriculum and networking opportunities with the goal of graduating more students with cybersecurity skills. "Of course I'll be happy if we get a bunch of energetic, smart students from the U to work here at Target, but really the bigger mission is inspiring the next generation of cybersecurity leaders," said Rich Agostino, Target's chief information security officer.
Microsoft CEO Satya Nadella will deliver the opening keynote at NRF 2020 Vision: Retail's Big Show in New York City in January. He will share his thoughts on the future of retail and how technology can help the industry transform. Learn more and register.
NRF will host regional dinners in three cities this month, giving retailers the chance to network, share insights and grow the retail community. Upcoming dinners will take place in Columbus, Ohio; San Francisco and Seattle. Space is limited, so register early to secure a spot. Learn more.
Burger chain Burgerim has created a low-carb, high-fat burger option to cater to customers adhering to the keto diet. The sandwich, which launched Monday at 80 locations in California, is served on a grain-free bun from startup Unbun Foods.