Hilco Streambank is seeking to auction off Hhgregg's intellectual assets, including company websites and trademarks and the company's customer database. The chain is expected to close its remaining 144 stores after Memorial Day weekend, and the intellectual property sale is pending court approval.
Family Dollar will phase in several new private brands that will be more relevant to the retailer's shopper base and focus on offering a similar quality to national brands at a value, said Bob Sasser, CEO of Family Dollar parent Dollar Tree. Family Dollar will also remodel 250 stores this year to expand food, beverage, snack, cooler and freezer space, speed up checkout and make endcaps more productive.
Amazon's two Seattle AmazonFresh Pickup spots are now open to Amazon Prime members. The stores, which previously were only available to Amazon employees, let online grocery shoppers set a time to pick up their purchases via curbside delivery.
Inserra Supermarkets-owned ShopRite has added local produce offerings at its 22 New York and New Jersey stores. The move is part of the retailer's commitment to offering fresh foods, as well as its strategy to reduce its impact on the environment.
Beyond Meat will see its plant-based Beyond Burgers in meat cases at 280 Safeway locations across California, Nevada and Hawaii. The pea protein-based burgers are said to match the flavor and sizzle of traditional beef-based burgers and have proven sales at Whole Foods Markets, said CEO Ethan Brown.
Around 96% of households own a television, making it the top technology device in the US, per Consumer Technology Association research. Three of every five technology products have screens -- including TVs, laptops and smartphones -- and these numbers are only expected to grow, as 20% of consumers will buy a TV or laptop this year, while 33% plan to buy at least one smartphone, says CTA's Steve Koenig.
T-Mobile has created a new app called Digits; it allows users to connect their phone numbers to other internet devices, such as laptops, tablets and work phones. The new option will be rolled out for free to all T-Mobile numbers on Wednesday.
University of Michigan researchers have found that the streamlined process of "accelerated evaluation" of driverless vehicles could save time and costs and speed up testing time for the technology. Mcity researchers split real-life driving scenarios into parts that can be tested over and over again, allowing for 1,000 miles of testing to equal 300,000 to 100 million miles of actual driving.
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