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Retail

  • Study: Amazon cashes in on sweet and salty snacks

    Amazon has evolved into a destination for a variety of categories, and now it’s adding sweets and snacks to this portfolio.    Out of $49 billion in total sales across sweets and snacks in 2016, Amazon rang up $240 million in 2016. And between January-August 2017, the online giant has already grabbed $215 million — a year-over-year (YoY) growth of 42%, according to “Sweets & Snacks: The Amazon Effect,” a report from One Click Retail.  

  • Nordstrom's expansion into Canada continues

    Nordstrom has opened its sixth location in Canada.    The department store retailer on Friday opened its doors at CF Sherway Gardens, its third full-line location in Toronto. The two-level, 140,000-sq.-ft. store follows the retailer's openings at Toronto's CF Toronto Eaton Centre and Yorkdale Shopping Centre last fall. The opening comes as rumors mount that the company is about to go private in a buyout deal. http://www.chainstoreage.com/article/nordstrom-edging-closer-going-private  

  • Unlikely pairing: Rue La La and coffee giant

    Rue La La members are getting a new “perk” for their loyalty.   The online fashion retailer is partnering with Dunkin' Donuts in a new mobile marketing program. In a move to bolster the coffee giant’s DD Perks loyalty rewards program, models in Rue La La’s custom-branded, shoppable boutique, "Girl on the Go: Fall Style,” will be touting Dunkin’ Donuts beverages as accessories to their fall looks.  

  • Summer sales slump

    Consumers were cautious in their spending during the summer months.   Retail sales in August decreased by 0.2% from July on a seasonally adjusted basis, according to the National Retail Federation. (The NRF numbers exclude automobiles, gasoline stations and restaurants. Also, the Commerce Department said data for July was revised to show sales increasing 0.3% instead of the previously reported 0.6% jump.  

  • Department store giant scales back holiday hiring

    Fewer stores translates into reduced holiday hiring for Macy's this year.   Macy's plans to hire a total of 80,000 workers for the holiday rush, down from about 83,000 last year. The company has been closing underperforming stores and currently operates some 70 fewer stores than it did last year.  

  • The Tile Shop expands in Michigan

    The Tile Shop has expanded its presence in greater Detroit with the opening of its sixth metro store in Troy.    The new location features 14,750 sq. ft. of showroom space and over 4,000 tile designs for consumers and the professional trade. It also features more than 30 fully decorated displays providing design inspiration  

  • Study: Consumers growing uneasy about increasing access to personal data

    Despite the ramping up of global data regulations, most consumers are concerned about how companies collect and use their information.   In fact, an overwhelming 96% of consumers are "somewhat" to "extremely" concerned about data collection and usage. This is understandable, as more than 75% engage in digital payment transactions at least once a month.  

  • Trending Stores: Tesco Extra, Swansea, Wales

    British supermarket giant Tesco puts a friendlier and more contemporary spin on its hypermarket format at its revamped store in Swansea, Wales.   The new format, developed by Swedish design firm Blink in collaboration with Tesco's in-house team and corporate identity group Wolff Olins, offers innovative digital services, a more personal approach and simplified shopping for different needs. The remodeled store, which opened in June, is delivering a significantly higher profit, according to Blink.    
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