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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.

CVS Rolls Out Prescription Drug Delivery Nationwide

CVS Rolls Out Prescription Drug Delivery Nationwide

June 19 // Written by Glenn Taylor

Perry Ellis Goes Private, GameStop May Follow

Perry Ellis Goes Private, GameStop May Follow

June 19 // Written by Bryan Wassel

H&M Launches Afound, A Discount Omnichannel Retailer
Sears Expands Amazon Tire Partnership To 118 Stores

Sears Expands Amazon Tire Partnership To 118 Stores

June 13 // Written by Bryan Wassel

Home Depot Opening 170 Distribution Facilities By 2023
ModCloth Expands Store Presence Across The U.S.

ModCloth Expands Store Presence Across The U.S.

June 08 // Written by Bryan Wassel

L’Oréal And Casino Launch Beauty-Focused Pharmacy Concept In Paris

Groupe Casino has partnered with L’Oréal to open two stores in Paris that will combine beauty products with healthcare goods and over-the-counter medicine, according to Reuters. The store also will feature hairdresser and dry cleaning services, shoe-shining machines and mobile phone charging points. The stores will be open for longer…
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MomentFeed Expands Yelp Partnership With Knowledge Database

Building on a partnership that began in March 2016, MomentFeedhas added Yelp Knowledge to its offering. Brands can now manage their Yelp presence directly through the MomentFeed platform, using reviews to gain unique business insights. With access to Yelp’s database of trends, reviews and performance data, businesses can gain a…
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Sugarfina Expands Globally, Will Open First Hong Kong Store

Sugarfina, a luxury confections boutique, will expand to Asia this summer, opening its first Hong Kong store in the Harbour City mall. The Beverly Hills-based company will partner with Upper East Holdings, an operator of food and beverage franchises, to introduce its gourmet sweets for the first time outside North…
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Kmart-Within-A-Sears Concept Adds Groceries To Department Store

  • Published in News Briefs
Sears Holdings is testing a new initiative to reverse its fortunes by putting small, Kmart-branded convenience stores inside Sears locations, according to CNBC. The new layout will let customers purchase items such as groceries, health and beauty products and cleaning supplies while shopping for traditional department store merchandise. The debut…
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J.Crew Appoints New Chief Design Officer, Adds Mack Weldon Brand

J.Crew Group has named Johanna Uurasjarvi as Chief Design Officer, where she will be in charge of overall design direction for the J. Crew brand along with Crewcuts and Mercantile. The company’s growing Madewell chain has its own design team. Uurasjarvi is tasked with winning back shoppers to a brand that has done poorly in retaining them in recent years. J.Crew sales decreased 7% to $391.9 million in Q1, with comparable sales dipping 6% following a decrease of 11% in Q1 last year.The fashion retailer has struggled for the past few years due to a slow reaction to changing trends and a perception that prices were no longer in sync with quality.

CVS Rolls Out Prescription Drug Delivery Nationwide

CVS Health is rolling out prescription delivery to nearly all 9,800 CVS Pharmacy locations nationwide. Customers can now request prescription delivery online, via the CVS Pharmacy app or over the phone. Deliveries are made “as quickly as the next day,” according to a company statement. Shoppers also can add over-the-counter…
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Perry Ellis Goes Private, GameStop May Follow

Perry Ellis International has entered into a definitive merger agreement to be taken private under a newly formed entity controlled by Founder and Director George Feldenkreis. The transaction, which was unanimously approved by the Board of Directors, is valued at approximately $437 million. Feldenkreis will take an active role in…
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$550 Million Google Investment Opens U.S. Sales Channel For JD.com

Google will invest $550 million in cash in Chinese e-Commerce giant JD.com. By combining JD.com’s supply chain and logistics with Google’s technology, the two companies will collaborate to develop retail infrastructure designed to better personalize the shopping experience and reduce friction in several markets, including Southeast Asia. As part of…
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Sears Expands Amazon Tire Partnership To 118 Stores

  • Published in News Briefs
Sears Holdings has expanded its Sears Auto Center partnership with Amazon across the U.S., reaching 118 stores in 21 states. The collaboration lets shoppers order tires from Amazon and have them shipped to a Sears auto shop, where they can be installed for a small fee.
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Home Depot Opening 170 Distribution Facilities By 2023

Home Depot plans to spend $1.2 billion over the next five years to improve its delivery and supply chain capabilities, according to The Wall Street Journal. The retailer will open 170 distribution facilities across the U.S., allowing it to reach 90% of the population in one day or less. The…
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ModCloth Expands Store Presence Across The U.S.

ModCloth, a Walmart-owned e-Commerce clothing retailer, will open five stores in 2018 after years of operating only one location, according to Business Insider. The retailer’s second shop opened June 8 in San Francisco, with additional openings slated for New York, Los Angeles and Washington, DC.
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