News

Report: Internal data breach hits Ikea Canada
Personal information of some Ikea Canada customers was reportedly exposed in a March 2022 incident involving an employee.
Starbucks eyes providing a ‘third place’ – in the metaverse
Starbucks Corp. intends to utilize Web 3.0 technologies to establish a strong foothold in the emerging metaverse.

Party City loss widens amid elevated costs; ‘headwinds’ to continue

Party City Holdco Inc. reported a bigger-than-expected first-quarter loss as supply chain and inflationary challenges took a bite out of its bottom line.
Kohl’s recognized by government for energy efficiency

Kohl’s Corp. has received a prestigious environmental award for the 11th straight year.
Four retailers among top 50 companies for diversity in new ranking

Two discounters and two pharmacy chains are tops when it comes to diversity, equity and inclusion commitments.
Target offers in-store finger nail painting — by a robot

Target Corp. is testing a new type of beauty service.
Retailers import record amount of goods

Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month.
Shopify makes $2.1 billion logistics acquisition

Shopify has made the largest acquisition in its history.
First Look: Sweetgreen to open digital-only pickup format

Sweetgreen is set to unveil a location where customers can’t buy anything on-site.
Best Buy expands into new categories — including beauty

Best Buy continues to broaden its assortment of products with items that take it into new categories.
Meijer diverts 1 million-plus pounds of store waste — here’s how

Meijer is diverting waste with the help of its customers.
North American Properties acquires Yonkers mixed-use center

Ridge Hill, a prime mixed-use center that sits atop a scenic hill in Yonkers, NY, is due for the kind of repositioning that made Avalon center the toast of Alpharetta, Ga.