News

H&M promotes fashion sustainability in April
Two major sustainability initiatives from H&M begin this month as the fast fashion retailer debuts a new line from Conscious Commerce co-founders Olivia Wilde and Barbara Burchfield and kicks off an apparel recycling effort.

The H&M Conscious Exclusive collection from Wilde and Burchfield will be available online at hm.com and in 165 stores beginning April 7. Meanwhile, H&M is set to begin is World Recycle Week initiative on April 18 which allows customers who drop off clothes at in-store collections bins to receive a 30% discount coupon.
Survey: Mobile food coupon users show spirit of adventure
Consumers who rely on mobile coupons when food shopping are much more likely to experiment with new brands.

According to the latest edition of GfK MRI’s “The Survey of the American Consumer,” one in three (33%) U.S. adults agrees completely or somewhat with the statement, “I rely on mobile coupons while food shopping.” And almost half (44%) of these mobile coupon users say they like to “change brands often for the sake of variety and novelty,” compared to just 30% of the general population.

Climate Change Demands Retailers Rethink Cold Weather Apparel Strategies

Apparently shifts in weather patterns have thrown yet another curve ball to the traditional retail industry.
PayPay cancels expansion in North Carolina over new law

PayPal announced it is cancelling plans to open a new operations center in North Carolina after the state passed a law that many see as restricting protections for lesbian, gay, bisexual and transgender people. The news comes as leaders of the High Point Market, the largest furnishings industry trade show in the world, warned that “hundreds and perhaps thousands” of customers will not attend the Market, held in High Point, North Carolina in April, due to their opposition to the new law. The Market attracts retailers, designers, suppliers and manufacturers.
Fossil brings stores to the modern age

Whether customers at its stores are looking for convenient digital payment or easy access to product and price information, vertical specialty retailer Fossil Group Inc. is uncovering new mobile-enabled store services.

Richardson, Texas-based Fossil has selected in-store technology from Aptos Inc. (formerly Epicor Retail Solutions) including the vendor’s Mobile Store POS application. The company will initially deploy the solution at about 500 of its more than 600 corporate stores.
Q2 sales for Walgreens U.S. division up 2.1% despite soft flu season

Walgreens Boots Alliance on Tuesday announced an increase of 13.6% in net sales to $30.2 billion for the second quarter ended Feb. 29, 2016, compared with the same quarter a year ago, largely due to the full consolidation of Alliance Boots for the entire quarter this year. Foreign currency translation adversely impacted sales by approximately $750 million or 2.4%.
Surging Hudson’s Bay details major investments in expanding Saks, Saks Off 5th and store renovations

On the heels of soaring profits and revenues in the fourth quarter, Hudson’s Bay Company said it will make higher than normal investments in growth initiatives this year, including a dramatic increase in the number of Saks Off 5th stores, store renovations and investments in technology.
Report: Another teen apparel retailer considering bankruptcy filing

The rise of fast-fashion, changing fashion tastes and online commerce may be claiming another teen apparel retailer.

Pacific Sunwear of California Inc. is preparing to file for Chapter 11 bankruptcy, according to Bloomberg, which cited people with "knowledge of the situation.” The report said the filing could occur as early as next week.
Amazon plans online expansion of Prime Now

Amazon.com reportedly has some big plans in store for its Prime Now on-demand delivery service.

According to Bloomberg, the online retailer will release Prime Now, currently only available as a smartphone app, on its website in May 2016. Amazon is also attempting to sell online Prime Now advertising packages for as much as $500,000.

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Twenty-seven year Walgreens vet named to Fred’s executive team

Fred's Inc. has appointed Rick Hans as executive VP and CFO. He fills the position left open when Jerry A. Shore, Fred's former finance head, was promoted to CEO in October 2014.

Prior to joining Fred's, Hans enjoyed a 27-year career with Walgreens, where he most recently served as VP of investor relations and finance. Hans previously held the position of director of finance and assistant treasurer, where he promoted a sound capital structure that subsequently provided the basis for major strategic acquisitions.
Accessories retailer names new head of marketing

Charming Charlie has appointed Ujjwal Dhoot as VP of marketing, based in the specialty retailer’s Los Angeles office.

Dhoot previously served as chief marketing officer for FSAStore.com, responsible for the overall growth strategy, customer acquisition and retention, analytics development and testing for the FSA-eligible products and services shop. Before that, he was VP of marketing at 20x200, an online retailer for limited edition art.

Dhoot also served as VP of marketing at PetCareRx.com.
Sears Canada makes COO position permanent

Sears Canada is again calling on Becky Penrice to lead an important aspect of its nearly 300 store operation.

Penrice was named executive VP and COO after serving in that role in an interim capacity for little over a two months. Penrice has worn several hats at Sears Canada since joining the company on Dec. 1, 2013 after holding supply chain and human resources roles role at Hudson’s Bay Company.