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Already navigating tumbling sales, Macy’s is preparing for even tighter margins.   At the company’s annual investor day, Macy’s CFO Karen Hoguet said that second-quarter gross margins are running about 1 percentage point below what they were last year. The company is slashing costs in a bid to maintain its earnings forecast, which it reaffirmed on Tuesday, according to Bloomberg.  

Sears is freshening up its offering through a new partnership.   The department store retailer now features the Regatta Great Outdoors collection in 11 New England-based stores. The brand, which is based in Manchester, England, features active, performance, outdoor, and leisure wear. This is the brand’s first U.S. retail store debut.  

Retailers could unlock $2.95 trillion in value over the next decade simply by investing in transforming, digitally driven business models.   

Despite 16 consecutive years of positive same-store sales growth among key categories, Casey’s General Stores’ top and bottom line revenues missed the mark in the fourth quarter.  

Supermodel, designer, TV star and all-around celebrity Heidi Klum is teaming up with an unusual partner.    On the heels of its entry into the United States, German discount grocer Lidl announced its first ever fashion collaboration, with Heidi Klum. The collection, described as high-end yet affordable, will be available exclusively at Lidl and will launch across its stores in Europe and the United States later this year. Collections will be featured at certain times throughout the year, during "Lidl Fashion Weeks.”

The public feud between Eddie Lampert, chairman and CEO of Sears, and a top supplier seems to have been resolved.   In his May 15 blog, Lampert took aim at some of the chain’s vendors in a blog post. It read:  

Walmart is once again raising the stakes in the online grocery game.   In another move that takes a direct hit at AmazonFresh Pickup, the discounter quietly began testing an automated kiosk at a single store in Oklahoma. The 20-ft.-by-80-ft. kiosk, which resides in the parking lot at the Walmart Super Center in Oklahoma City, is fulfilling hundreds of grocery orders placed by customers who shop online or through their mobile browser, according to The Oklahoman.  

E-commerce sales may be hitting all-time highs, but the key to success is seamless online returns processes.   This was according to “Making Returns a Competitive Advantage,” a re-port from Navar. The report is based on responses from 700 U.S. con-sumers who returned an online purchase in the past 12 months.