News

Walmart expands omnichannel grocery offering in Canada
Walmart is extending the reach of its online grocery pickup service in Canada.

After initially launching online grocery pickup at 11 Canadian stores in July 2015, Walmart is now offering online grocery pickup at 12 more stores in the Greater Toronto market. Orders can be placed at six stores as of Feb. 3 with first pickup Feb. 9; while orders can be placed Feb. 18 with first pickup Feb. 23 at the remaining six.
Baker Katz acquires 30,000 sq. ft. of land in Houston
Houston -- Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm specializing in retail tenant representation, investment sales, and project development and leasing, announced that it has purchased 30,000 sq. ft. of land in Houston and completed a 7,000-sq.-ft. lease on behalf of Advance Auto Parts. Construction will slated to begin this month with an opening in May 2016.

Victoria's Secret aims to score with new promotion

Just in time for Super Bowl Sunday and Valentine's Day, Victoria's Secret's Angels are taking to the field for an epic game of football in a new omnichannel video campaign.
Lowe’s in big step up in Canada with purchase of home improvement chain

Lowe's is making major moves in Canada with the $2.3 billion purchase of Rona Inc., a Canadian home improvement retailer and distributor.

Lowe's had previously made an unsolicited bid on the company more than three years ago, but the substantially higher offer this time around was accepted by Rona's board.
CVS Health opens first pharmacy within Target in N.C.

The first of the pharmacy-within-a-store concepts showcasing the CVS Health and Target partnership went live Wednesday morning in the Charlotte, N.C. market. CVS Pharmacy and Target executives participated in a grand opening celebration at the Target store on Weddington Road in Wesley Chapel.
Expansion Strategies for Today’s Risk-Averse Retailers

While the United States continues to experience slow, yet steady economic growth, the future of the domestic retail industry remains unclear as businesses are forced to adapt to a world where consumers are more cost-conscious than ever before. Amidst this challenging climate, retailers must be smarter at understanding their customers, products and the experiences they offer.

Revisiting Brand and Revenue Expansion Strategies
Sephora pays more than lip service to mobile experience

Specialty beauty retailer Sephora is launching a new mobile tool that eases the process of selecting a lip color.

Sephora is now offering a feature called Sephora Visual Artist on its existing Sephora To Go consumer mobile application. Sephora Virtual Artist utilizes a smartphone’s camera to map a user’s lip location and shape using technology developed by facial visualization provider ModiFace.
Lowe's steps it up in Canada with RONA purchase

Lowe's is making major moves in Canada with the $2.3 billion purchase of RONA Inc., a Canadian home improvement retailer and distributor.

Lowe's had previously made an unsolicited bid on the company more than three years ago, but the substantially higher offer this time around was accepted by Rona's board.
Accenture: Mobile retail not advancing quickly enough

Retailers are failing to meet consumer demand for increased convenience while shopping with mobile devices.

According to new research from Accenture, the number of consumers shopping with mobile devices, grew 10% in the past year, from 36% of consumers in 2014 to 40% in 2015.

Not surprisingly, the number of shoppers who want more retail services via mobile devices, particularly real-time in-store promotions, also grew to 47%, up from 40% in 2014. However, only 7% of retailers said they currently have the ability to send real-time promotions.
Giant makes big on-demand delivery move

Landover, Maryland-based Giant Food is joining the trend of retailers making online deliveries to places beyond consumer homes.

The Peapod by Giant online delivery service is now allowing Washington, D.C.-area shoppers to place their orders online and pick them up at one of three Washington Metropolitan Area Transit Authority (WMATA) stations: Fort Totten, Glenmont and Vienna. Peapod is an online grocer that shares its Ahold parent company with Giant and will execute deliveries for the service.