Friday, May 28, 2021

Gap turnaround gaining traction

Gap Inc.’s turnaround efforts appear to be gaining ground based on its first-quarter results. . . . more

Dollar General sales fall; on track to open 1,050 stores

Dollar General reported better-than-expected first-quarter earnings and sales as stimulus checks gave a boost to revenue. . . . more

American Eagle in store expansion for Aerie, spin-off brand

American Eagle Outfitters passed the $1 billion mark in first-quarter revenue as business accelerated across its brands. Revenue rose 17% to $1.03 billion in the quarter ended May 1, compared to $0.89 billion in the first quarter of 2019. . . . more

CVS handing out prizes for COVID-19 vaccinations

CVS Health is tempting people who are hesitant to get the Covid-19 vaccine with lavish prizes — some of which were forbidden just a year ago. . . . more

Thursday, May 27, 2021

Best Buy sales jump with across nearly all categories; momentum continues into Q2

Best Buy Co. reported a better-than-expected first quarter as consumers continued to spend on electronics for their homes. . . . more

Walmart Marketplace offers new two-day delivery option

Sellers on the Walmart Marketplace third-party e-commerce platform can analyze, track and fulfill orders with a cloud-based logistics solution. . . . more

Wednesday, May 26, 2021

Pandemic shopping behaviors that will stick — and those that won’t

Supermarket News
We’ve had more than a year to speculate about what the “next normal” will look like — that is, how will consumer shopping for CPGs change once the pandemic recedes and people are able to more freely go about their lives?. . . more

Nordstrom Reiterates Outlook, But Earnings Fall Short of Expectations

Footwear News
Shares of Nordstrom Inc. are down in after-hours trading after the company posted earnings that fell short of expectations, but the retailer reiterated its outlook for the full year. . . . more

Chuck E. Cheese debuts mobile app and rewards program

Restaurant Dive
Chuck E. Cheese has debuted a new mobile app and rewards program as part of its Summer of Fun event running from Memorial Day through Labor Day, according to a company press release. . . . more

Vietnamese coffee chain has designs on the U.S.

One of Vietnam's most popular coffee brands is looking to build a brick-and-mortar presence in the United States. . . . more

ShopRite parent puts customer at center of merchandising

The nation’s largest retailer-owned cooperative is ensuring its merchandising decisions enhance the customer experience. . . . more

Wilson Sporting Goods to open its first stores

Wilson Sporting Goods Co. is expanding its game, moving from the court to lifestyle apparel — and physical retail. . . . more

An upscale indoor mini golf spot is coming to the Seaport
The Seaport, already home to several high-end clubs, is about to get some upscale golf clubs as well. . . . more

Tuesday, May 25, 2021

7-Eleven selling 300 stores to three separate buyers

7-Eleven is selling 293 Speedway and 7-Eleven stores are part of a settlement with the Federal Trade Commission. . . . more

Check out Panera Bread’s new neighborhood bakery-inspired store design

Panera Bread is moving its in-store bakery ovens to center stage. . . . more

Ross Stores in comeback

Ross Stores reported Q1 earnings and sales that topped Street estimates with comp sales that beat pre-pandemic levels. . . . more

If you own a mall, you also own a warehouse

Malls have always existed to bring together a multitude of inventories in support of commerce. They’re in convenient locations, sitting on major roads and highways and maintain parking lots, loading docks, and back-of-house storage as vital parts of their blueprint. . . . more

Tuesday Morning to be relisted

Tuesday Morning's efforts to get back on track continue with its return to the Nasdaq. . . . more

Foot Locker to eliminate Footaction banner; will close, convert stores

Foot Locker reported a strong first quarter that beat estimates and said it is repositioning its store fleet to focus on its iconic banners. . . . more

Shake Shack, Fogo de Chao and More: Burlington Mall Adds New Eateries in Sears Space

NBC Boston
The Burlington Mall will soon unveil a major makeover of a former Sears anchor store with some big-name and new-to-the-area restaurants. . . . more