Strategy

H&M is looking to tap into some of the exploding growth in the beauty industry by launching its first beauty collection.

The retailer will launch the products this fall, with an assortment of makeup as well as hair care, body care and beauty tools. The company says the range, with an ever-evolving makeup selection, will focus on seasonal looks, ideas and colors. The products will be available in over 900 stores worldwide and online at hm.com.

CVS Health’s MinuteClinic has surpassed 25 million patient visits since the nation's first retail clinic opened in 2000.

Seattle -- Amazon.com is opening its second one million-sq.-ft. fulfillment center in New Jersey, in the town of Carteret, as its looks to facilitate same-day deliveries in Manhattan.

Amazon opened its first one million-sq.-ft. fulfillment center in New Jersey, in Robbinsville, in July 2014. The company employs thousands of full-time employees at its Robbinsville fulfillment center and continues to hire to meet growing customer demand.

New York -- Commercial real estate services firm DTZ, which is backed by private-equity firm TPG, has entered into a deal to acquire rival Cushman & Wakefield Inc. for $2 billion.

The combined company will have 43,000 employees, annual revenues of more than $5.5 billion and manage more than 4 billion square feet of real estate globally.  It will operate under the Cushman & Wakefield name.

Albertslund, Denmark -- Kvickly Supermarkets, part of Danish grocery retailer Coop Denmark, will implement Displaydata’s Chroma electronic shelf labers (ESLs) across 29 of its store locations. Coop Denmark, in partnership with Displaydata’s partner Delfi Technologies, has already implemented ESLs in more than 300 of its stores, including brands: Kvickly, SuperBrugsen, Dagli’ Brugsen and Irma.

Chicago -- JLL is getting a big boost to its retail business by acquiring Wilson Retail Group, an independent retail brokerage and capital markets firm in Southern California.

The transaction will enable JLL, the nation’s largest third-party retail property manager, to provide a broader range of brokerage and investment sales services to retailers and investors in a core urban gateway. The transaction closed for an undisclosed sum.

By Jeff Warren

New York -- Andy Dunn, the founder of the hot online menswear retailer Bonobos, is transitioning from CEO to executive chairman. Dunn, who founded the company in 2007, has named retail veteran Francine Della Badia to serve as CEO starting June 1.

Della Badia most recently served as president of North American retail at Coach, leaving in February. She also held positions with Victoria’s Secret, J.Crew and Gap Inc.

Washington, D.C. -- The National Retail Federation has released an op-ed article by association president and CEO Matthew Shay strongly urging Congress to pass Trade Promotion Authority (TPA) legislation. Congress is expected to debate the bill this week.

Here is the article by Shay:  

Toronto - Lowe's Canada has reached an agreement to acquire the leases of 13 former Target Canada locations and to purchase Target's distribution center in Milton, Ontario, for a total purchase price of about $125 million. This acquisition came as part of a real estate auction following Target's decision to cease operations in Canada.