Retail

In a move that could help its employees save money, Starbucks Corp. is increasing the number of health insurance options available to its employees.    The coffee giant announced Monday that beginning this fall it will give eligible U.S. employees (those who work 20 hours or more per week) the ability to buy their insurance coverage through a private health exchange, which will increase the number of insurance options available to them.,   

Urban Outfitters, which has a history of selling products that can sometimes cause offense (at least to some consumers),  has entered the presidential debate.   The chain is offering a range of merchandise criticizing Donald Trump, Bloomberg reported, including  a book of Trump quotations styled to look like Chinese communist leader Mao Zedong’s Little Red Book.   

Matt Powers, who formerly held a high-level real estate executive role at Walmart, is shifting professional gears.   Powers has joined real estate services firm JLL Inc. as an executive VP who will serve on the company’s Retail e-commerce Distribution (ReD) platform. He will help advise retailers on their distribution real estate strategies and implement solutions that help clients achieve their supply chain, e-commerce and omni-channel operational goals.  

Urban Outfitters, which has a history of selling products that can sometimes cause offense (at least to some consumers), has entered the presidential debate.   The chain is offering a range of merchandise criticizing Donald Trump, Bloomberg reported, including  a book of Trump quotations styled to look like Chinese communist leader Mao Zedong’s Little Red Book.   

Having brokered the sale of street-front retail real estate on 101st Street and Third Avenue in New York for $2.2 million, RKF declared the unofficial rule of placing prime retail locations below 96th Street in Manhattan to be null and void.  

The National Retail Federation (NRF) is publicly supporting legislation that would phase in the Labor Department’s new overtime regulations.  

Another July, another Amazon Prime Day. With the e-tail leader already confirming this retail “holiday” will be back for a third time next July, let’s take a look back at the 2016 edition.   While a lot went well for Amazon during Prime Day this year, we may as well start with the biggest blunder. Namely, the widespread checkout issues that occurred during the morning hours. A glitch caused some U.S. and U.K. shoppers to have difficulties loading items into their shopping carts and/or making purchases.  

U.S. retailers ended spring with a small but notable improvement in financial performance.   According to new data from the U.S. Census Bureau, adjusted advance estimates of U.S. retail and food services sales for June were $457 billion. This represents an increase of 0.6% from the previous month, and 2.7% higher than June 2015.