All Retail News
Top stories summarized by our editors
1/18/2019

Google will buy the intellectual property rights to Fossil's smartwatch in a deal worth $40 million. The purchase will include some of Fossil Group's research and development team moving over to Google.

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ZDNet, Ars Technica
1/18/2019

Walmart will team with Point Pickup, Skipcart, AxleHire and Roadie to grow its grocery delivery service in four states, as part of the retailer's ongoing efforts to bring grocery delivery to 1,600 stores. The company offers delivery from 800 stores with partners including Postmates, Deliv and DoorDash.

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Walmart, Postmates
1/18/2019

Sears has confirmed that Chairman Edward Lampert's ESL Investments won an auction to acquire the company with a $5.2 billion bid and a plan to keep about 400 stores operating. Unsecured creditors who blame Lampert for the retailer's struggles have raised objections to the plan and have requested a public hearing.

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Sears
1/18/2019

The wholesale division of Indian e-commerce company Flipkart has received an investment of $201 million from its Singapore-based parent company. Flipkart is expected to spend heavily in the coming years as a result of growing competition from Amazon.

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LiveMint (India)
1/18/2019

Book sales grew 1.3% in the US last year, according to NPD Group, and five titles sold upwards of 1 million copies, up from two titles in 2017. Sales of "Becoming" by Michelle Obama topped 3 million copies and a craving for cozy comfort fueled sales of titles like "Magnolia Table" by Joanna Gaines.

1/18/2019

Levi Strauss & Co.'s commitment to values as well as value drew CEO Chip Bergh to the company in 2011, and since then he has led a turnaround that has revived the brand's role as a cultural icon. Bergh, who received "The Visionary" award from NRF, shares his story in an episode of "Retail Gets Real."

1/18/2019

Clean-makeup brand Westman Atelier launched an e-commerce site Thursday featuring its six-product line. The brand aims to use the site to create value with original content for the line, which launched last year at Barneys New York and Violet Grey.

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Violet Grey
1/18/2019

Retailers and brands including Gap, Calvin Klein and Ralph Lauren have or soon will close their flagships on New York City's Fifth and Madison avenues. The rise of e-commerce and the emergence of off-price outlet stores have put particular pressure on retailers operating in Manhattan's highest-rent areas.

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Ralph Lauren
1/18/2019

Grocery shoppers are visiting center-store aisles less often, but more than 99% of shoppers still made purchases in the category in 2017, and 81% of shopping carts included at least one item from the center store, according to a report from Catalina. Center-store success hinges on meeting consumer demand for new food experiences and fresher, healthier options, said Marta Cyhan, Catalina's head of marketing.

1/18/2019

About 150 food inspectors are returning to work without pay for the Food and Drug Administration to check on higher-risk foods despite the partial government shutdown, the agency said Tuesday. Among the duties to be re-established is the inspection of imported food items.

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FoodNavigator