Staples is emphasizing business-to-business opportunities and incorporating services, among other tactics, as part of its strategic overhaul, says interim CEO Shira Goodman. The company is looking to operate only stores that make money while emphasizing its delivery offerings.
Distributors have the most control over their own costs, making efficiency a priority, Joseph Rinaldo writes. Rinaldo offers advice, including a look at the cost-per-minute formula, for distributors interested in maximizing profit.
Target has ended its relationship with Welspun India, saying the Mumbai-based textile company had violated contract terms by using non-Egyptian cotton in sheets labeled as Egyptian cotton. Target was one of the biggest customers for the 31-year-old company, which has also supplied bedding and rugs to retailers including Macy's, Wal-Mart, J.C. Penney and Bed Bath & Beyond.
About 2,100 of Urban Outfitters' 24,000 employees work at the retailer's Philadelphia headquarters, which sits on the site of the city's historic Navy Yard. Philadelphia Magazine gives readers a rare look behind the scenes at the offices where women employees outnumber men, dogs frequently frolic and koi swim in ponds that were once pits used in shipbuilding.
Sears will add in-store shops dubbed Showcase at Sears that will feature fashions from brands popular in Europe and Latin America, the retailer said. The 10,000- to 15,000-square-foot shops will roll out first at five New York-area stores this fall, with a range of styles priced from $10 to $175.
Permits for a retail space in the Ballard neighborhood of Seattle indicate Amazon may be opening a drive-up grocery store there under a plan called "Project X." The language in the documents matches a drive-up grocery store planned by the online retailer in San Francisco, and the facility would likely allow shoppers to order groceries online and then pick them up at parking stalls or inside a retail area, according to the documents.
Coupons and promotions are driving factors when getting different generational groups to engage with ads, with 19% of millennials, 17% of members of Generation X and 14% of baby boomers engaging with ads on their phones for that reason, according to data from Nielsen. The data also revealed that 44% of millennials and 42% of Generation Z don't mind ads on mobile devices if they can engage with them for free and they don't use too much data.
Hy-Vee is reevaluating its plans as part of a development in suburban Minneapolis after local residents began a drive to preserve a historic theater that was slated for demolition to make space for the 10-acre site. "When we enter a community, we want to be respectful of our neighbors' history, culture and all the things that matter to them," Hy-Vee spokeswoman Tara Deering-Hansen said.
Amazon may be working to add an Echo-only, ad-free music streaming service that would cost $5 per month and could launch as early as September, sources say. The company is also reportedly gearing up to release a $10 per month streaming service that would work across devices.
The Honest Co., co-founded by actress Jessica Alba, is expanding beyond baby products and cleaning supplies to focus on beauty products. The company introduced a series of conditioners, hair sprays and shampoos made with ingredients such as algae and coconut juice.
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