Friday, July 29, 2022

Analysts: McDonald's McPlant Test Ends on Low Note

McDonald's completed its test of the McPlant, without any announcement of a future national rollout. . . . more

Chipotle plans 4% menu increase in August

Retail Dive
Chipotle plans to increase menu prices in August by about 4% to help offset inflation, especially from dairy, tortillas and packaging, as well as from additional wage pressures around the country, CFO Jack Hartung said Tuesday during the company’s second quarter earnings call. . . . more

Best Buy the latest to warn of sales, profit declines

Retail Dive
Best Buy on Wednesday joined other retailers in lowering its guidance in key metrics, saying that demand for electronics has tempered. . . . more

Olympia Sports to close all its stores

Liquidation sales have begun at Olympia Sports. . . . more

Thursday, July 28, 2022

Will Macy’s off-mall bet pay off?

Retail Dive
n a sign that Macy’s may be realizing that its massive, mall-based operation isn’t working so well anymore — if it ever did — the department store last week said that it’s speeding up the development of a fleet of small-format stores located away from traditional enclosed malls. . . . more

Nordstrom Rack expanding in two states

Nordstrom is expanding the footprint of its off-price banner, Nordstrom Rack. . . . more

Old Navy makes big price promise

Old Navy is making a pitch to inflation-weary consumers just in time for back-to-school shopping. . . . more

Dick’s Sporting Goods goes back to school – on Roblox

Dick’s Sporting Goods Inc. is partnering with a popular digital gaming platform for its new back-to-school promotion. . . . more

Giant Food to offer reusable packaging option

Giant Food will provide durable, reusable containers at select stores in the Washington, D.C. metro area starting in fall 2022. . . . more

Best Buy unveils small-format, ‘digital-first’ store

Best Buy has opened its first-ever, small-format digitally focused store as part of its test of new store models. . . . more

The Little Gym Hits the Growth Trail as Top Franchise
The Little Gym is primed for supercharged franchise expansion as the world's premier enrichment and physical development center for children ages four months through 12, having signed nearly 20 new franchise agreements in the first half of 2022. . . . more

Tuesday, July 26, 2022

Lids opening new store concept with 12 locations — here’s where

Lids is tapping into the lucrative college sports market. . . . more

Target building new new delivery centers for faster, more efficient shipping

Target Corp. continues to expand its regional delivery, or sortation, center model that streamlines the process of fulfilling digital orders. . . . more

What do drive-thru customers want?

A new consumer survey indicates ways retailers can make the drive-thru experience more satisfying for customers. . . . more

Eddie Bauer jumping into resale

Eddie Bauer is the latest retailer to expand into the growing resale market. . . . more

Gucci says ciao to Ohio

San Francisco? Check. Boston? Check. Honolulu? Check. Fifth Avenue? Check. Columbus? . . . more

David’s Bridal launches shoppable TikTok campaign

The nation’s largest bridal retailer continues to expand its omnichannel capabilities with commerce-driven content on TikTok. . . . more

Former mall in Taunton may become a FedEx hub

Boston Globe
An arm of Memphis-based FedEx Corp. is looking to build a 560,000-square-foot distribution center at the site of the former Silver City Galleria in Taunton, according to documentation filed with the city. . . . more

Monday, July 25, 2022

Why Auntie Anne’s wants to become a drive-thru destination

Restaurant Dive
Auntie Anne’s has long been an impulse buy for customers who smell its pretzels baking and can’t resist. . . . more

Amazon Fresh debuts first Northeast stores as openings accelerate

Grocery Dive
Amazon Fresh opened its first stores in New York and New Jersey in recent days, inaugurating a new regional front in the rapid expansion of the fledgling grocery brand. . . . more