J.C. Penney has launched a new in-house tween fashion brand called Obsess that will feature capsule collections created with different influential young women. The line's first collection created in collaboration with Olympic gold medalist gymnast Laurie Hernandez will launch online Monday and in stores March 2.
Patagonia has redoubled its environmental activism over the past year, a commitment led by CEO Rose Marcario that has fueled product innovation, raised the brand's profile and driven higher sales. "Doing good work for the planet creates new markets and makes [us] more money," Marcario said.
Asian specialty grocer iFresh, with 13 locations across the US, will begin accepting payment via Alipay, the quick checkout application from Alibaba.com, China's online retail giant. The move should make shopping easier for Chinese tourists visiting the US.
Apple has applied for Apple TV trademark protection for video game purposes in 60 countries in Asia, Africa, Europe, South America and North America. Also, the company applied in Jamaica in August; Jamaica does not have a searchable online trademark database.
The four major wireless carriers in the US sold about 975,000 Apple Watches in the fourth quarter, with Verizon selling the most, per data from Counterpoint Research. Overall, 2.9 million watches were sold in the quarter in the US, the data show.
Toys R Us will shutter around 200 stores, in addition to the 180 locations the retailer previously said it would close, sources said. The retailer had about 1,600 global stores, half of them in the US, when it filed for bankruptcy in September.
Saks Fifth Avenue is scheduled to open its first store in Calgary today, making it its third shop in Canada. The 115,000-square-foot legendary department store is part of the high-end Chinook Centre, which also includes Hudson's Bay and Nordstrom.
UK bookstore operator Waterstones will debut an East London pop-up stocked only with books by women authors to celebrate International Women's Day next month. Waterstones and publishing partner Penguin will feature titles from several writers, including Malala Yousafzai and Zadie Smith.
Nordstrom topped Market Force's annual list of consumers' favorite premium retailers for the sixth year, followed by Lane Bryant, which rose seven spaces to second place. Dillard's, Forever 21 and Kohl's rounded out the top five on the list in which shoppers evaluate stores based on factors including atmosphere, selection and loyalty programs.
Spotify is seeking candidates to fill open positions on its hardware team, per job listings reported by MusicAlly. The listings don't give specific details as to the type of hardware the company is looking to release, though many have speculated that it could be a wearable device for streaming music.
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