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8/18/2017

Gap's Old Navy brand led a better-than-expected same-store sales rise of 1% for the retailer in the most recent quarter. Old Navy continues to drive Gap's results, reporting sales rises in seven of the last 10 quarters.

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Reuters
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Old Navy
8/18/2017

Retail foot traffic fell by 5.5% in July, but the number is the smallest decrease since January of last year, RetailNext reported. Conversions increased by 0.5% in July, according to RetailNext, and retailers including Walmart, Target, TJX Cos. and Kohl's reported positive news about second-quarter store traffic.

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RetailNext, Walmart, Kohl, Target
8/18/2017

Walmart's same-store sales rose by 1.8% in the second quarter, and the retailer saw its strongest sales in grocery in five years, driven by efforts including improvements in fresh foods and lower prices, the company said Thursday. Walmart's online sales also jumped 60% during the period, which the retailer attributed to stronger e-commerce efforts and a recent string of acquisitions.

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Walmart
8/18/2017

Brewed Ginger Beer, Gluten Free Cheese Pizza, Kohlrabi Salad Blend and Whole Milk Mango Kefir are among Trader Joe's best 50 offerings, according to a survey of the retailer's customers and employees. The campaign is part of Trader Joe's 50th anniversary celebration.

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Trader Joe
8/18/2017

Always has brought back #LikeAGirl with a new spot from Leo Burnett Chicago that tells girls going through puberty that trying new things is more important than a fear of failure. "Keep Going" features girls at schools persevering with new challenges, and the brand has also tapped actor Yara Shahidi as an ambassador.

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Leo Burnett, Yara Shahidi
8/18/2017

Amazon has partnered with Arizona State University to allow engineering students access to the Echo Dot, with the university also providing courses on how to build voice-user interfaces for Alexa. The program is a voluntary one that will be available in the school's high-tech dormitory.

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ZDNet
8/18/2017

Individuals who want to photograph the solar eclipse on Monday shouldn't use smartphones without a solar filter due to the risk of damage, as well as overexposure. Per NASA recommendations, "the best thing to do is to cover the camera lens with a solar filter during the moments before (and after) totality when the sunlight is still blinding."

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Today
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NASA
8/18/2017

Post-Brexit exchange rates increased sales of watches at Harrods' Fine Watch Room in 2016, but this year the retailer has seen a decrease in the volume of watch shoppers, said Helen David, chief merchant at Harrods. However, there has been a notable rise in high-values sales.

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WatchPro (UK)
8/18/2017

IKEA will open three new stores in China this fiscal year, Angela Zhu of IKEA Retail China announced Thursday. The Swedish retailer, which debuted in China in 1998 and has grown to 24 stores, plans to grow its distribution networks and increase its e-commerce presence.

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China Daily (Beijing)
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IKEA, fiscal year
8/18/2017

Store owners can take several steps to make their stores more environmentally friendly -- and perhaps reduce energy costs in the process. Consider installing energy-efficient lights, shifting to email receipts and minimizing the use of disposable packaging, writes Rieva Lesonsky, CEO of GrowBiz Media.

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Small Business Trends