Specialty Retail
Top stories summarized by our editors
9/21/2017

Google will spend $1.1 billion hiring around 2,000 HTC employees who had been working in HTC's Pixel unit, as well as acquiring nonexclusive intellectual property rights. Google is seeking to expand its hardware sales by adding hardware engineers.

More Summaries:
HTC, Google
9/21/2017

Whole Foods Market will stop allowing brand representatives to promote their products in its stores or check on in-store displays starting in April. Under Amazon's ownership, the grocer will also phase out much of its local and regional product selection system in favor of centralized buying.

More Summaries:
Whole Foods Market, Amazon
9/21/2017

Albertsons will increase its investment in the meal kit category and acquire meal kit delivery service Plated for an undisclosed amount, as part of an effort to widen its shopper base and boost its competitive edge. Through the deal, Albertsons will add Plated's meal kits to its in-store and e-commerce offerings, the company said.

Full Story:
Reuters
More Summaries:
Albertsons, The deal
9/21/2017

Meals prepared in a slow cooker can be healthy and save time and money, and they offer families an easy way to share more meals together during National Family Meals Month and beyond, writes Nicole Johnson, a registered dietitian with Hy-Vee. She shares some recipes for slow cooker meals.

More Summaries:
Nicole Johnson, National Family
9/21/2017

PepsiCo CEO Indra Nooyi worries "constantly" about the effect that Amazon has on the industry as it uses its Whole Foods acquisition to understand how consumers shop and translates those insights into consumer-centric decisions, but she foresees partnerships with the company as a way to offset that worry. "When a disrupter comes in, don't look at it as, here's someone who's going to kill your business," she said. "Think of how they're going to aid your business."

Full Story:
Fortune
More Summaries:
PepsiCo, Amazon, Indra Nooyi, Whole Foods
9/21/2017

The warehouse industry has added about as many jobs as were eliminated at department stores since 2000, and Amazon fulfillment centers offer new opportunities for displaced retail employees. The catch: Unlike traditional retailers with stores in most markets, Amazon's fulfillment centers are concentrated in fewer areas.

Full Story:
Bloomberg
More Summaries:
Amazon
9/21/2017

Utilizing personalized marketing and owned media programs can help CPG firms engage consumers and increase sales, said speakers at the recent GMA Leadership Forum. "We know from our partnership with IRI that those people that subscribe to our email programs vs. those who just visit our website actually buy two times more General Mills products," said Audra Carson, head of General Mill's content marketing and media platforms.

More Summaries:
General Mills, General Mills, GMA, IRI
9/21/2017

Amazon is developing smart glasses that will be compatible with Alexa. These glasses are expected to be the same size as regular glasses, and they will work wirelessly with users' smartphones and via voice commands.

Full Story:
TechCrunch
More Summaries:
Alexa technology, Amazon, Alexa
9/21/2017

Nest, a company that makes smart thermostat hardware, is expanding into home security with a new digital-video-enabled doorbell, an alarm system and a camera. The Nest Cam IQ offers high resolution and works with a partnering app to stream video.

Full Story:
Bloomberg
More Summaries:
Nest
9/21/2017

Phone-based augmented reality company Mira has received $1 million in funding from Founders Fund Angel, Macro Ventures and Greylock Partners. The company also announced the release of a software development kit.

Full Story:
TechCrunch