Google is partnering with major retailers including Walmart and Target in a program that allows them to list products on Google Search, Google Express and Google Assistant in return for a share of revenue from purchases made.
Macy's will add a scan-and-pay Mobile Checkout feature to its app and roll it out to all full-line stores by the end of the year, the company said Monday. The retailer will also open its first off-price Backstage location in Massachusetts on Saturday, as part of a bigger plan to open 100 more Backstage stores this year.
Ulta Beauty stores will start selling a curated collection of Chanel Beaute products at select stores this year, expanding Ulta's selection of Chanel products beyond fragrances, CEO Mary Dillon said. The brand has been available at select department stores and Cos Bar locations, and the Ulta deal reflects Chanel's push to connect with younger consumers.
Hennes & Mauritz will add about 800 people to its staff in India this year as it opens new stores in the country, Country Manager Janne Einola said. The Sweden-based fashion retailer opened 17 stores in India last year and expects to maintain that pace of growth in 2018.
Luggage maker Samsonite International aims to acquire an established handbag brand, Chairman Timothy Charles Parker said. The Hong Kong-listed company is the leader in the $19 billion global luggage industry, and its recent acquisitions include luxury brand Tumi Holdings and online retailer eBags.
NRF was one of 45 US trade groups that penned a letter to President Donald Trump on Sunday, asking him to reconsider proposed tariffs on goods from China. Tariffs would raise prices and hurt job growth, and the letter urges Trump to work with the business community and economic experts to find more effective solutions to China's protectionist practices.
Claire's Stores has filed for Chapter 11 bankruptcy with a plan to cut about $1.9 billion in debt. The girls' accessories retailer has secured a $135 million commitment for bankruptcy financing from Citigroup.
Retailers favored by consumers at both ends of the income spectrum are succeeding amid a changing retail scene, while those in the middle are struggling, according to a new Deloitte report. Merchants are also continuing to blur the lines between in-store and offline retail, according to a separate report from NRF and Forrester Research.
Three cargo-moving robots have been deployed since last year at the FedEx logistics hub in Kernersville, N.C., additions that are expected to change but not necessarily eliminate jobs for the facility's 1,300 employees. The robots move items that are too big or bulky for the conveyor belts.
Several tech firms in Montreal, Canada, are betting on the future of brick-and-mortar retail with new products designed to improve the in-store shopping experience. "You read a lot about the retail apocalypse and how Amazon's going to kill brick and mortar, and we just don't believe it," said Jaffray Hill, co-founder of NewKnow, which creates employee-training applications for retailers.
- Page 1