Target has expanded its Merona lingerie and hosiery line to include a wider range of shades and colors to appeal to a more diverse group of women, and it will make similar moves in other lines later this year. Such moves can be challenging for mass merchants because it means expanding the number of SKUs each store must carry, said Greg Girard of IDC Retail Insights.
Macy's will be the exclusive US department store retailer for DKNY apparel and accessories starting next February, under a deal with DKNY parent G-III Apparel. The partnership also includes bags, footwear and swimwear, and enhanced DKNY in-store shops.
Malls are looking to the Easter Bunny to bring families out to shop this spring. Americans are expected to spend a record $17.3 billion on Easter this year, according to an NRF survey, and some malls are ramping up offerings with egg hunts, petting zoos and other family entertainment.
Jeff Grubb, columnist and tester for Nintendo's "Splatoon 2" game, reports that the popular game used only 153MB of data during an hourlong gaming session. Grubb also noticed there was no lagging or buffering during game play despite this low data use.
Meijer will add two new supercenters in the Indianapolis market in May as part of a bigger plan to open seven new stores in Indiana, Wisconsin and Michigan this year. The retailer operates 15 stores in the Indianapolis area, many of which are new or updated stores.
Wal-Mart seems to be the food retailer with the best chance to compete with Amazon on the online grocery front, with Kroger also well-positioned in grocery e-commerce, according to a report from Citi Research. At-home food spending is expected to grow to about $100 billion by 2025, according to research from FMI and Nielsen.
Post Holdings acquired MOM Brands two years ago to form Post Consumer Brands, but CEO Chris Neugent knew immediately that the veteran cereal brands shouldn't rest on their laurels. "We needed to act like a startup that was blessed with great assets," he said of the company's post-merger strategy, which helped drive net sales growth last year.
High-end French furniture retailer Roche Bobois will open its third New York City store, on the first floor of a luxury condominium building on the city's Upper West Side. "We want our locations to be profitable," executive Pierre Berardo said, adding that the future store is in a high-traffic area.
Germany-based gummy bear maker Haribo will start producing its iconic candy in the US in 2020, when it opens a factory in Wisconsin. The brand already has a fast-growing American sales operation, and it's goal is to increase market share further with the new factory.
KIND Snacks launched the KIND Nutrition Collective last year to work with dietitians on ways to expand consumers' access to healthy foods. Registered dietitians in the US can join the group, which provides members with educational materials and product samples to use with their patients, said Stephanie Perruzza, KIND's health and wellness specialist.
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