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Strategy

  • Report: Amazon’s Elements brand offers invite-only vitamins

    Amazon is once again expanding its commitment to private label.   The online giant’s Elements line, which was originally launched as a baby products line, quietly introduced a vitamins and supplements category on Feb. 21 — the first addition to the Elements brand in years, according to TechCrunch.  

  • Ethically-sourced Brilliant Earth expanding in brick-and-mortar

    Another online retailer has made the jump to the physical space.   Brilliant Earth announced plans to open three new locations, in San Diego, California; Washington, D.C.; and Denver, during the spring and summer. The new showrooms will join the retailer’s five other existing locations in San Francisco, Los Angeles, Boston and Chicago.  

  • Off-pricer to open 90 stores in 2017

    Ross Stores continues to maintain an aggressive store expansion strategy.   The retailer recently opened 23 Ross Dress for Less stores and five dd's Discounts stores across 15 different states in February and March. The new locations are part of the company's plans to add approximately 70 Ross stores and 20 dd's locations during 2017.  

  • Rural lifestyle chain promotes exec to finance chief

    Coinciding with its management transition plan announced last summer, Tractor Supply Co. appointed Kurt Barton to senior VP, CFO and treasurer.   Barton succeeds Anthony Crudele, who retired after serving as CFO for the past 11 years. Crudele and Barton have worked together over the last seven months to ensure a smooth transition of all responsibilities, according to the retailer.  

  • Discounter in rapid EAS rollout

    No retailer is immune to theft — even discounters.   That’s why Dollar General has completed a speedy installation of an electronic article surveillance (EAS) solution from Checkpoint Systems chainwide.    The discounter began its journey by testing EAS pedestals and deactivation systems in a limited number of stores to determine the benefits of how visible EAS tagging deters shoplifting and protects high-theft inventory.   

  • Report: Aldi launches online in China

    Aldi is ready to introduce its brand to price-sensitive Chinese shoppers.   The German discount supermarket chain plans to start selling online in China this month, a move that will expose Chinese consumers to a selection of German wine, snacks and breakfast products, Reuters reported.    

  • Big Lots holds steady; store of the future coming

    Big Lots on Friday posted an unexpected decline in total revenue in its fourth quarter as a reduced store count cut into its sales. But the chain’s earnings topped the Street.      The close-out retailer also boosted its dividend and initiated a new share buyback program.  

  • Brand reinvention in the spotlight at SPECS/2017

    In today’s competitive retail environment, no brand can afford to stay still.   Two top brands — one a national giant and the other a regional powerhouse — will give attendees at SPECS/2017 a behind-the-scenes look at how a brand can be reinvented through store design.   Cumberland Farms, a 600-store convenience store chain, will discuss how it is updating its locations with a sleek new design.   

  • Meet Warby Parker, MOD Pizza, Sugarfina, Altar’d State, Bentley’s at SPECS

    Four retailers and one fast-casual restaurant chain will be honored with Chain Store Age’s annual Breakout Retailer Awards at SPECS/2017. The awards, sponsored by Paint Folks, recognizes innovative retail and restaurant brands that have crossed the “newbie” line and are well positioned for growth in the coming years.  

  • Saks Off 5th continues Canadian expansion

    Saks Fifth Avenue is adding to its store fleet up north.   On Thursday, March 9, Saks Fifth Avenue Off 5th will open two new locations in the greater Toronto area,      “This month marks our one year anniversary of entering the Canadian market, and we’re excited to continue our Canadian expansion with two new stores in the GTA,” said Jonathan Greller, president, Saks Off 5th and Gilt.   
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