Specialty Retail
Top stories summarized by our editors
4/19/2018

Finding and retaining good staff members has become the top concern among grocery executives, according to Progressive Grocer's annual survey. As millennials become the dominant audience, grocers are looking for members of that generation to become leaders and build careers in the industry.

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Progressive Grocer
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Progressive Grocer
4/19/2018

Niche products that address a consumer need are keeping the center store a vital part of a shopping trip, according to shopper intelligence firm Catalina. Among the sub-categories that are spurring center store growth: items with nonfat, heart-healthy or non-GMO labels, Catalina reported.

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Progressive Grocer
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Catalina
4/19/2018

Home Depot will hire more than 1,000 new employees for its technology team this year, as part of a push to stay competitive with rivals including Lowe's and Amazon. The team currently has about 2,800 staffers, and the new hires will work across several areas including software, user experience and product management.

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Recode
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Home Depot, Lowe, Amazon
4/19/2018

The number of US home-improvement stores has declined almost 12% since 2007, according to analysts at UBS, while leading chains Home Depot and Lowe's continue to see strong sales. Shifting shopping habits are driving retailers in most segments to make changes at the store level, Cowen analysts said.

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MarketWatch
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Home Depot, UBS, Cowen, Lowe
4/19/2018

Time Warner CEO Jeffrey Bewkes took the stand in federal court recently to defend the merger between his company and AT&T. Bewkes said the AT&T deal is a necessity for the company, noting, "We don't have the tech platform, don't have the engineers, don't have the infrastructure."

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Warner, Jeffrey Bewkes, AT&T, Amazon, Netflix
4/19/2018

Wegmans will open a store in Natick, Mass., on April 29, its sixth in the state as it expands there. The company's efforts to open a location in Boston proper, however, have not yet borne fruit, with a bid for a Fenway location falling through last year.

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Wegmans
4/19/2018

Moroccanoil has created a five-product Color Complete Collection designed to care for color-treated hair. Celebrity colorist Lorri Goddard and influencers including Jessica Wang and Blair Eadie have signed on to promote the new line.

4/19/2018

Delivery provider XPO Logistics has announced a voice-activated tracking feature that can be used with Amazon Echo and Google Home speakers. The feature will roll out next month and will allow users to monitor, schedule and reschedule deliveries.

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Reuters
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XPO Logistics, Amazon, Google
4/19/2018

Apple's recent purchase of magazine app Texture will be used to improve the company's own news service. The move is part of a goal to improve revenues from content and services.

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Apple
4/19/2018

Facebook is testing a new ad format that will allow users to test out a new game without having to download it. The company believes the format will increase high-intent downloads.

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VentureBeat
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Facebook