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.
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.
German discount grocer Lidl spent €500 million last year on food and beverages from Irish suppliers to stock its shelves at stores in Ireland and abroad, the company said. Private-label meat products, breads and craft beers were among the best-selling items from Ireland.
Hong Kong-based beauty retailer Sa Sa International Holdings will shutter all 21 of its stores in Taiwan to focus on faster-growing markets in Asia. The retailer, which sells more than 700 skincare and cosmetics brands, operates 119 stores in its home market and also has locations in Malaysia, Singapore and mainland China.
Walmart Canada will roll out a fresh grocery delivery service in Vancouver this summer with partner Food-X Urban Delivery. The launch will give the retailer access to parts of the city where it doesn't have stores, Walmart Canada CEO Lee Tappenden said.
Chobani CEO Hamdi Ulukaya grew up in a family of dairy farmers in eastern Turkey but dreamed of making a career in public service. At NRF 2018: Retail's Big Show, Ulukaya recounted the story of building the Chobani yogurt brand and its unique corporate culture. Read the recap.
About 57% of Costco members are also Amazon Prime members, compared to 13% five years ago, according to a survey from MoffettNathanson. "Americans appear to be buying into the concept of owning two 'shopping' memberships as the value proposition is fundamentally different," the firm wrote in a research note.
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