Specialty Retail
Top stories summarized by our editors
7/24/2017

Walmart will expand its automated Pickup Towers to 100 US store locations, where the 16-foot-tall towers will allow shoppers to retrieve their orders after scanning receipt barcodes, the company said. The towers are currently located at 20 of the retailer's stores, after launching last year.

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Pickup Towers, Pickup Towers, Walmart
7/24/2017

Whole Foods Market opened a new 40,000-square-foot two-story store in the Harlem neighborhood of New York City with a product selection tailored to the surrounding community. The retailer first announced plans for the store five years ago, and the store features Whole Foods' first kebab grill, Cuban-style sandwich and coffee offerings and products from about 20 local suppliers including Mama's One Sauce spicy marinades, Sylvia's spices and rubs, Harlem Pie Man's pies and Egunsi Foods' West African soups.

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Whole Foods, Sylvia
7/24/2017

Albertsons CEO Bob Miller learned a lot about quiet leadership through his time playing sports, his first job sorting bottles at a grocery store and even a bout with polio as a young child, he said. After taking the reins at Albertsons and crafting a turnaround that included decentralizing and putting employees in charge, Miller said the retailer is looking toward future plans including aggressive store remodels, a rollout of home delivery services, an eventual public offering and readying for new competition in grocery.

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Albertsons, Bob Miller, polio
7/24/2017

Fruits accounted for more in grocery store dollar sales and volume than vegetables in the first quarter, according to United Fresh's FreshFacts on Retail report. More than half of grocery trips did not include produce during the period, but baskets that included produce were worth an average of $63, compared with $22 for baskets that did not include produce, the report found.

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United Fresh
7/24/2017

Apple's exclusive YouTube spot for the iPhone 7 stars Dwayne Johnson enlisting the help of Siri to get through a hectic day. "The Rock X Siri: Dominate the Day" sees Johnson managing to squeeze a few extra activities into his already ridiculously busy schedule, such as flying a passenger jet to Rome and touching up the ceiling of the Sistine Chapel.

7/24/2017

A distribution partnership between Sears and Amazon could help the former gain ground for its troubled Kenmore brand while giving Amazon a stronger position for future sales. This partnership could also eventually lead to automated replenishing delivery between the two using Amazon's Alexa platform.

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Bloomberg
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Amazon, Kenmore, Sears
7/24/2017

Finnish mobile gaming company Supercell is hoping for another mobile hit with its newest game, Brawl Stars. The newest release is a multiplayer top-down shooter and is the company's first release since 2016.

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VentureBeat
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Supercell
7/24/2017

The intellectual property of the RadioShack brand has been sold to an affiliate of one of its creditors, Kensington Capital Holdings, after the company submitted a $15 million bid. The affiliate loaned RadioShack $23 million about two years ago, after the company went through its first bankruptcy, and it's expected that the brand will be licensed to General Wireless.

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Reuters
7/24/2017

Grocery shoppers are spending more on private-label products in stores, but less on private labels online, where about 12% of shoppers bought groceries last year, according to data from Nielsen and Cowen and Co. However, e-commerce represents a major opportunity for private-label growth, experts say, as food retailers continue to increase their digital efforts and consumers continue to embrace private-label foods.

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CNBC
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Cowen, Nielsen
7/24/2017

Blue Apron commands nearly two-thirds of the meal kit market, making it the leader in the category, but consumer demand for grocer-branded meal kits are growing, according to a study by Field Agent. More than three-quarters of consumers who currently use meal kits and those who do not would be interested in meal kits developed by grocers that they could buy in stores, the study found.

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Progressive Grocer
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Blue Apron, Field Agent