Specialty Retail
Top editor picks, summarized for you
8/26/2016

Google has launched "The Hidden Worlds of the National Parks," a project that uses virtual reality to transport people to national parks around the country. Users can experience a park in 360-degree images while a ranger leads them through a guided tour.

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TechCrunch
8/26/2016

Ahold Delhaize reported strong results for the combined company in the second quarter, with CEO Dick Boer saying the merged retailer is seeing "good momentum." "We look forward to continuing to shape Ahold Delhaize, with a strong commitment to delivering great food, value and innovations for customers across our 11 markets, both in stores and online," he said.

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Ahold Delhaize, CEO Dick Boer
8/26/2016

Hormel Foods has transitioned to a completely cage-free egg supply almost immediately after making the decision to do so, rather than phasing in the program as most companies do. "Hormel switched...almost 'overnight,'" said Josh Balk of The Humane Society of the US, who has worked with Hormel on animal welfare issues.

8/26/2016

A story about the first market where regional grocery favorites Publix and Wegmans will compete proved this week's most popular food and beverage story. New convenience food products from Totino's and Velveeta also ranked high, as did a story about the growing popularity of savory jams.

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Wegmans, Totino
8/26/2016

GameStop reported a 7.4% decrease in quarterly sales, falling short of analysts' expectations in a quarter with few game releases. The retailer intends to continue buying AT&T stores to sell mobile devices, and it could branch into other retail categories to boost sales, Chief Financial Officer Rob Lloyd said.

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Reuters, Bloomberg
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Rob Lloyd, mobile devices, GameStop, AT&T
8/26/2016

Japan's Sony and Panasonic, along with public broadcaster NHK, have formed a consortium to begin testing and developing technology for 8K video. NHK said it will be prepared to broadcast 8K content in 2018, while Sony says it is on pace to have 8K television sets to market by the 2020 Olympics in Tokyo.

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Sony, NHK, Panasonic
8/26/2016

New York City grocery chain D'Agostino has received a revolving credit facility from rival Red Apple Group, as competition from larger national chains ramps up in the market. D'Agostino has struggled recently with finances, and the retailers' moves could indicate a future joint venture.

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New York Post
8/26/2016

A provision to repeal the Durbin amendment, which caps debit card transaction fees, has been added to a House bill to revise the Dodd-Frank Act. FMI is working against the appeal in response to grocers' concerns about the legislation, said Hannah Walker, FMI's senior director of government relations.

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FMI, FMI, Durbin, House bill
8/26/2016

Hinge is a toaster that users can fold and unfold into three different configurations to best fit their kitchen space. The small appliance, which is a Kickstarter project, accommodates four large slices of bread, and it features a tangle-free power cord and easy-to-clean crumb tray.

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Digital Trends
8/25/2016

Best Buy will be showing off Facebook Oculus Rift VR headsets in 500 stores and Sony PlayStation VR in 200 stores over the next few months. "The performance of virtual reality at Best Buy will be a very good indicator of how successful the VR movement will be," said Keybanc Capital Markets retail analyst Brad Thomas.

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Bloomberg