Swarovski has launched a Snapchat channel and signed social-savvy supermodel Karlie Kloss as the luxury jewelry brand's new celebrity face. The retailer aims to reach millennials with the new partnership, which will include a presence on Kloss' popular YouTube channel.
Lord & Taylor will replace the recording of the National Anthem played each day when the retailer's store on New York City's Fifth Avenue opens with a live version of the song on Friday. The performance by the USO Show Troupe kicks off a Memorial Day weekend fundraiser for the USO at all 50 of Lord & Taylor's department stores.
Sharon McCollam, Best Buy's chief financial and administrative officer, will step down next month after more than three years in the post, the company said. Corie Barry, the retailer's chief strategic growth officer, will succeed McCollam, who plans to stay on as an adviser through the end of the year.
Weis Markets will expand its presence in the Baltimore market by acquiring five Mars Super Markets stores. The deal will give Pennsylvania-based Weis nine stores in the Baltimore area. "This is an important acquisition for us as we've been steadily expanding within Baltimore County in recent years," Weis Chairman and CEO Jonathan Weis said.
Publix and H-E-B offer the best supermarket experiences, followed by Kroger, Save-A-Lot, Wegmans and ALDI, according to the 2016 Temkin Experience Ratings, which are based on surveys of about 10,000 consumers. Publix topped the overall ratings, which rank 294 companies across 20 industries. Supermarkets ranked the highest among all the industries included in the ratings.
Grocery delivery service Peapod will expand its line of meal kits through a partnership with ConAgra Foods and the Campbell Soup Company. The Ahold-owned service will add Buffalo Quinoa Chicken Skillet by Ro-Tel, One Pan Chicken Curry by Campbell's and Zucchini Noodles with Fresh Veggie Primavera by Hunts to its meal kits, which currently include more than 15 options.
Designer shoe brand Manolo Blahnik has signed deal with Bluebell Group to manage its retail and distribution operations in Malaysia, Japan and Singapore starting with the brand's fall collection. The partners will open the first Manolo Blahnik branded store in Malaysia and add a Tokyo flagship to the brand's 41 existing retail outlets in Japan.
Lowe's Canada added 496 stores to its 43 with last week's $3.2 billion acquisition of Rona, and chain aims to surpass Home Depot Canada to become the country's biggest home improvement retailer, said CEO Sylvain Prud'homme. The company is also focusing on gaining greater name recognition than Home Hardware, which comes in third in sales but first in brand awareness, according to industry experts.
Tesla operates stores in 24 malls and those centers average $940 in sales per square foot, higher than the $835 at non-Tesla malls, Green Street Advisors reported. Shopping centers with Apple stores see a similar bump, according to a Goldman Sachs report.
Fashion retailer Need Supply Co. has launched its first private-label line dubbed NEED, an 18-piece collection of high-end basics including $65 ribbed crew necks and $165 wide-legged trousers. The collection is available on the retailer's site and in its stores in Richmond, Va., and Japan.
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