Retailers have kicked off holiday hiring early and beefed up perks to find enough seasonal employees in a tight labor market. J.C. Penney will give part-time staffers a week of paid time off, Target boosted starting hourly pay to $12 this week and Macy's has begun paying incentive bonuses.
The US Trade Representative on Monday released a list of items that will not be subject to Chinese tariffs, including Apple's smartwatches and other consumer-facing gadgets. However, computer server parts and networking gear will now face levies.
SUPERVALU will sell 19 stores from its Shop 'n Save banner to St. Louis grocer Schnuck Markets, in a deal that is expected to close by the end of October. Schnucks also will acquire four of the company's seven area fuel centers.
Coca-Cola is evaluating the role that cannabidiol might play in the beverage market, although the company has not made any decisions about using the ingredient. "Along with many others in the beverage industry, we are closely watching the growth of nonpsychoactive CBD as an ingredient in functional wellness beverages around the world," Coca-Cola said.
The new owner of the Bon-Ton brand has begun revamping the retailer's banners online, with the launch last weekend of branded websites for Herberger's, Younkers and Boston Store. CSC Generation, which bought Bon-Ton's intellectual property for $900,000, is also considering opening some brick-and-mortar stores.
Kroger will introduce a private-label fashion line called Dip at 300 Kroger Marketplace and Fred Meyer stores, as part of the retailer's push to encourage customers to pick up apparel while grocery shopping. The line was designed by Joe Fresh creator Joe Mimran, and about 80% of its pieces sell for $19 or less.
Macy's will expand its The Market @ Macy's in-store pop-up concept to 12 stores in time for the holidays, and join with Facebook to add around 150 of the social platform's advertisers to The Market's brand lineup. Macy's also plans to offer virtual reality headsets at about 70 stores to let shoppers visualize how furniture will look.
Paul Grangaard, the former CEO of upscale shoe brand Allen Edmonds, has created an online retailer of high-end menswear. The brand, CircleRock, offers made-to-order shirts, custom suits, sweaters and leather accessories.
Camping World Holdings expects its acquisition of Gander Mountain to boost the value of the Good Sam Club, a loyalty program that offers discounts, RV warranties and roadside service, CEO Marcus Lemonis said. The retailer is focusing on millennials who want smaller, lighter motor homes, he said.
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