Specialty Retail
Top stories summarized by our editors
2/21/2019

PCC added Community Markets to its name to emphasize its co-op status and to remind shoppers of its local focus, says CEO Cate Hardy. "We're owned by the people who shop with us every day and it just gives us a lot of latitude and freedom to pursue our triple bottom line of financial, social and environmental commitment in a way that reflects what our shoppers value," Hardy says.

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PCC, Cate Hardy
2/21/2019

Private brands are the engine propelling ALDI into the top ranks of US grocers as it looks to grow to the third spot by 2022. The improved quality of its private brands is a major reason it was named Store Brands' 2019 Retailer of the Year.

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Store Brands
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Aldi, Store Brands
2/21/2019

IKEA has created a large-scale version of its Smakryp bath toy and is floating two of the boats on the River Thames in London to promote the opening of the Sweden-based retailer's newest store there. Consumers have been invited to steer the nearly 10-foot-long remote-controlled vessels, which are picking up trash that will be turned into a sculpture for the new store.

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IKEA
2/21/2019

Frozen food posted a strong 2.6% growth in dollar sales in 2018 as the category stages a comeback, according to The Power of Frozen report from the American Frozen Food Institute and FMI. "In terms of sales, the frozen food category is only a fraction smaller than fresh produce, bigger than all other fresh perimeter departments, bigger than candy and even snacks," said FMI Vice President of Industry Relations Doug Baker.

2/21/2019

Target is providing a growth channel for more beauty and personal care brands that stress natural ingredients and transparency about what goes into their products. The effort is part of Target's "chemical strategy," which will see the retailer add more brands over the next few years that don't use certain chemicals and that disclose the ingredients they use, and the retailer recently announced plans to expand offerings from brands including Tenoverten, Yuni and Cocokind.

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Target, Tenoverten
2/21/2019

PetSmart and Petco have chosen different tactics to reboot growth, with PetSmart focused on building digital sales after its 2017 acquisition of Chewy.com and Petco concentrating on boosting services that bring pet owners into stores. Americans spent about $70 billion last year on their pets, according to the American Pet Products Association, but competition is growing as pet food and supply brands expand distribution to more online and mass market retail channels.

2/21/2019

Evine Live, a shopping channel based in Eden Prairie, Minn., has named former Target merchandising executive Theresa Schmidt as its new vice president of fashion and accessories. Schmidt worked at Target for more than 12 years, most recently as vice president of planning for apparel and accessories, and her resume also includes stints at Macy's and Marshall Fields.

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Marshall Fields, Macy, Evine Live
2/21/2019

Microsoft may be working on a laptop with a foldable screen, based on a patent filed in 2017 for a "Bendable device with Display in Movable Connection With Body." The patent indicates that the foldable technology is appropriate for a range of consumer electronics devices.

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Digital Trends
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Microsoft
2/21/2019

Xiaomi has unveiled the Mi 9, its newest high-end phone, offering a minimal bezel and a triple lens camera. The phone will come in two models -- the standard Mi 9 and the Mi 9SE -- and the company will offer a premium Transparent Edition as well.

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TechCrunch
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Xiaomi
2/21/2019

Samsung has unveiled its wireless Galaxy Buds; they will work with the company's virtual assistant, Bixby, and will go on sale on March 8. The Galaxy Buds offer ambient sound control, adaptive microphones and six hours of battery life.

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VentureBeat
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Samsung, Bixby