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Latest Retail News

Staying on top of breaking news in the retail industry is a commitment Retail TouchPoints editors take seriously. Each day, we publish the latest information in this retail news section. Up-to-the-minute stories cover retail implementations, new product announcements, financial updates, executive appointments and overall global updates affecting every aspect of the retail industry.

H&M Upgrades U.S. Web Site And Mobile App

H&M Upgrades U.S. Web Site And Mobile App

August 13 // Written by Klaudia Tirico

Hy-Vee Launches Fitness-Focused Grocery Store Concept

Hy-Vee Launches Fitness-Focused Grocery Store Concept

August 13 // Written by Klaudia Tirico

JCPenney Launches Baby Shops In 500 Locations

JCPenney Launches Baby Shops In 500 Locations

August 13 // Written by Klaudia Tirico

Study: 25% Growth Rate Projected For Retail Coworking Spaces
Abercrombie & Fitch Integrates Venmo Into Mobile Apps

Abercrombie & Fitch Integrates Venmo Into Mobile Apps

August 08 // Written by Klaudia Tirico

Amazon Debuts Whole Foods Curbside Pickup For Prime Members
Casper Will Open 200 Stores Over The Next 3 Years

Casper Will Open 200 Stores Over The Next 3 Years

August 08 // Written by Glenn Taylor

Target Debuts 3 New Millennial-Focused Brands

Target Debuts 3 New Millennial-Focused Brands

August 07 // Written by Klaudia Tirico

Walmart Robot Replaces Manual Picking Processes

Walmart Robot Replaces Manual Picking Processes

August 03 // Written by Bryan Wassel

Birchbox Launches Redesigned E-Commerce Site

Birchbox Launches Redesigned E-Commerce Site

August 03 // Written by Glenn Taylor

Kroger Will Sell Groceries On Alibaba’s Tmall Amid Vigorous Private Label Push

Kroger’s first venture outside the U.S. is a big one. The U.S. grocer will sell its Simple Truth products on Alibaba’s Tmall Global platform, China’s largest business-to-consumer marketplace. This strategic move is designed to support two of the company’s key Restock Kroger pillars — redefine the grocery customer experience by elevating its…
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Home Depot Raises 2018 Outlook After Beating Sales, Earnings Expectations

In the wake of a very successful Q2 that exceeded Wall Street expectations across the board, The Home Depot has boosted its guidance for the remainder of 2018. Home Depot now expects full-year revenue to climb roughly 7%, compared to a prior forecast of 6.5% growth. Same-store sales should be up approximately 5.3% in fiscal 2018, Home Depot said, up from a previous target of 5% growth. In Q2 2018, Home Depot saw: Earnings per share (EPS) of $3.05 vs. $2.84 expected; Net income of $3.5 billion (a 31% year-over-year jump) vs. $2.7 billion expected; Revenue: $30.46 billion vs. $30.03 billion expected; and Same-store sales: up 8% globally vs. an increase of 6.6% expected.

H&M Upgrades U.S. Web Site And Mobile App

  • Published in News Briefs
Hennes & Mauritz (H&M) has launched an improved e-Commerce site and mobile app for U.S. customers. New site and app features include: Visual Search: Customers can search for items by uploading a picture they either took themselves or from a social media platform; Scan & Find: Customers who can’t find…
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Hy-Vee Launches Fitness-Focused Grocery Store Concept

  • Published in News Briefs
Hy-Vee has opened a new stand-alone version of its HealthMarket store-within-a-store concept, for consumers focused on a healthy lifestyle, in West Des Moines, Iowa. HealthMarket also offers shoppers a full-service pharmacy, health clinic and a hearing aid center where customers can get free hearing tests. The 15,700-square-foot store stocks approximately 11,000 products…
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NRF Increases 2018 Retail Sales Growth Forecast To 4.5%

  • Published in News Briefs
Citing the strong job market and higher wages, the National Retail Federation (NRF) has boosted its forecast for 2018 retail sales growth to a minimum of 4.5%. In February the association had predicted retail sales would climb 3.8% to 4.4% this year compared to 2017. However, association executives warned that…
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JCPenney Launches Baby Shops In 500 Locations

  • Published in News Briefs
In a bid to fill the void left by the Babies ‘R’ Us bankruptcy, JCPenney is expanding its baby products selection within 500 select stores, starting August 30, 2018. The new expanded baby departments will launch in time for the retailer’s annual “Baby Sale.” The shops will feature updated graphics…
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Walmart And JD.Com Invest Combined $500 Million In Chinese Grocery Delivery Service

In the U.S.-based retail giant’s latest effort to expand its influence in China, Walmart has joined forces with JD.com to invest $500 million in Dada-JD Daojia, a Chinese grocery delivery company. Dada-JD Daojia is a dual-entity business comprising JD Daojia, which is JD.com’s online-to-offline (O2O) business, and New Dada, a crowdsourcing delivery platform.The combined logistics company said it intends to invest the funds in supply chain technology and to better serve retailers on its platform, which connects scooter-riding delivery drivers in approximately 400 cities with nearly 1.2 million online merchants.

Abercrombie & Fitch Integrates Venmo Into Mobile Apps

  • Published in News Briefs
Abercrombie & Fitch (A&F) has adding Venmo to the payment options on both the Abercrombie & Fitch and Hollister iOS and Android apps. The mobile apps have become A&F’s fastest-growing digital market, with the company saying that mobile app customers are visiting the brands twice as often as the average…
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Casper Will Open 200 Stores Over The Next 3 Years

  • Published in News Briefs
As Mattress Firm faces an uncertain future that may include bankruptcy and significant store closings, a fast-growing competitor is making its biggest move to fill the void. Casper will open 200 stores across North America over the next three years, according to CEO Philip Krim in an interview with The…
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Target Debuts 3 New Millennial-Focused Brands

  • Published in News Briefs
Target has launched three new private label brands to attract and better connect with Millennial shoppers. The brands are: Heyday — the company’s first private label electronics brand, featuring tech accessories; Wild Fable — a young women’s apparel, accessories and shoes brand designed to allow shoppers to mix and match…
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Personalization Drives 19% Order Value Increase For SwimOutlet

  • Published in News Briefs
SwimOutlet has harnessed the personalization solutions of RichRelevance to enhance its e-Commerce sites. The broad product portfolio on the retailer’s site, which encompasses both casual and competitive swimwear and accessories, makes personalization a vital aspect of the shopping experience, according to Alexander Sienkiewicz, CMO of SwimOutlet. “Because we’re serving so many…
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Walmart Robot Replaces Manual Picking Processes

  • Published in News Briefs
Walmart is enhancing its grocery pickup operations with Alphabot, a behind-the-scenes automation system. The program, which was developed in collaboration with startup Alert Innovation, automatically delivers items from storage to associates, minimizing the time spent manually gathering orders.
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Birchbox Launches Redesigned E-Commerce Site

Birchbox recently unveiled a revamped e-Commerce site designed to offer a more personalized shopping experience and an easier-to-navigate menu, and to further align with the company’s monthly subscription offering, which constitutes nearly 65% of sales. Birchbox had two inspirations for building the new site experience: a strong understanding of its…
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