Gap will expand its "This Way Ahead" recruitment program for lower-income youths to 53 cities in the US, UK and Japan. The retailer expects at least 5% of its entry-level workforce to come from this group of 16-to-24-year-olds within the next seven years.
Colorful pop-ups like the Museum of Ice Cream, Rose Mansion and Candytopia are drawing crowds in search of new experiences and Instagram-worthy photo settings, as well as shopping. "Entertainment is going to be the new anchor. It's going to be driving traffic to the shopping centers of the future," said James Cook, JLL's retail research director.
Samsung is expanding its presence in the high-end audio market with the unveiling of its HW-N950 and HW-N850 sound bars, built in partnership with Harman Kardon. Both Dolby Atmos and DTS:X audio standards are supported, and the devices are designed to immediately improve sound quality with minimal components.
Whole Foods Market ranked first on a list of grocers for the sustainability of its seafood offerings in a list released by environmental group Greenpeace. A notable change was the downgrading of Trader Joe's, which the group said was less transparent about the sources of some of its fish.
Customers expect sushi from a grocery store counter to be as high-quality and fancy in presentation as that from a restaurant, according to Josh Onishi, CEO and president of supplier Peace Dining Corp. "Creating theater -- food preparation in front of customers -- is a consistent trend driving traffic within grocerants," Onishi said.
Walmart's results beat forecasts in the second quarter as traffic grew and shoppers spent more both in stores and online, the retailer reported. US same-store sales rose 4.5% and online sales grew 40%, as consumers spent on apparel, groceries, gardening supplies and other warm-weather gear.
Macy's booked its third consecutive quarter of same-store sales growth amid ongoing turnaround efforts. The retailer has been expanding its private-label offerings, using technology to speed up checkout, adding curated merchandise displays and opening more off-price Backstage locations to drive traffic and sales.
Best Buy will acquire GreatCall, which makes the Jitterbug phone and other technology and services designed to help older consumers stay connected and get help in emergencies, for $800 million. GreatCall booked $300 million in revenue last year and boasts 900,000 service subscribers.
Kroger is launching a home grocery delivery test via self-guided vehicles at a Scottsdale, Ariz., Fry's location. The pilot test will use autonomous Toyota Prius cars, which will initially have a human inside to monitor performance, for same-day and next-day delivery.
Lands' End's new store at the Staten Island Mall is the fashion retailer's first store in New York City, and the retailer is shopping for more sites there. The move comes as Lands' End phases out its presence inside Sears stores in favor of building a network of standalone locations.
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