McDonald's Canada will open two streetfront McCafe units that will compete with popular chains Tim Hortons and Starbucks. McDonald's opened its first two McCafes in Canada in 2015, which sell a variety of coffee drinks, sandwiches, baked goods and smoothies.
K11 Musea, a project from Adrian Cheng of New World Development that will meld retail and art, is set to open next year in the Victoria Dockside complex in Hong Kong. The project will include a rotating art collection, international retailers and a gigantic living wall with greenery.
Technology experts say facial recognition could someday replace the chip in credit cards, likes and dislikes could be analysed by complex biometric algorithms and individualised pricing would be the norm. That's also a world where the system could go wrong, identifying even Mother Teresa as part of a vast criminal conspiracy. Read best practices.
A recent report claiming 25% of independent supermarkets will close within five years is exaggerated, says SpartanNash finance chief Mark Shamber. "There may be some additional competitive openings, but I don't see a wholesale dynamic shift to where they're going to be forced out of the market," says Shamber.
Demonstration videos and superb content written by in-house experts can give business-to-business distributors the competitive edge needed to drive online sales, says Justin King of DigitalBranch and B2X Partners. "Even a 30-second video shot on an iPhone X of a product being used in the field can go a long way in helping to enhance a distributor's website," he says.
DHL Supply Chain, XPO Logistics and other companies are cutting costs and reducing security issues by using drones equipped with cameras, alarms and other smart tools. "Robots offer exciting new capabilities in terms of productivity and security," says XPO Logistics President Troy Cooper.
J.Crew has been introducing vintage fashions and new styles in categories including lingerie and swimwear to woo back former brand fans who were turned off by design changes in recent years. Struggling with a heavy debt load and several years of sliding sales, the retailer will also close 70 stores.
Prepackaged, snack-friendly cheeses have seen success with consumers, as have cheeses seen as natural and authentic, according to a report from MarketResearch.com. The interest in natural and artisan cheeses has been a niche for smaller producers in the market, according to the report.
Kroger's tech spending and other efforts aimed at staying competitive brought strong results in the most recent quarter. The grocery retailer is teaming with British online grocer Ocado Group to boost its e-commerce capabilities, and the company is in the midst of overhauling its merchandising to focus on best-sellers and private labels.
Barnes & Noble expects its same-store sales growth to improve this year as it focuses efforts on toys, games and the gift business. Same-store sales fell 5.4% in the most recent fiscal year, as the efforts will take more time to pay off, CEO Demos Parneros said.
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