Kendall and Kylie Jenner have sealed deals with luxury department stores including Saks Fifth Avenue and Neiman Marcus for their Kendall + Kylie fashion and footwear line. The collection, set to be unveiled Monday, will also be available through other retailers including Bloomingdale's, Lord & Taylor and Nordstrom.
Kohl's has opened a 4,000-square-foot showroom at its design offices at 1400 Broadway in New York City to show off its newest private-label and exclusive fashions and host press and other events. The retailer will relaunch its popular Sonoma brand next month, roll out 12 Fila outlets in May and embark on a strategy to tailor collections at its 1,200 stores to meet the needs and tastes of the communities they serve.
Americans will spend about $1.9 billion on flowers this Valentine's Day, according to NRF, and florists expect deliveries to peak twice as sweeties surprise their significant others at the office on Friday and at home on Sunday. About 250 million roses are usually sold on the holiday, according to the Society of American Florists, with the largest percentage coming from Ecuador and Colombia.
Target is launching a new gender-neutral home decor collection for kids called Pillowfort, continuing a trend the retailer started last year when it removed "boys" and "girls" signs in the toy and children's bedding aisles. Pillowfort designs incorporate more neutral colors and images such as trees, arrows, astronauts and bicycles. "Who are we to say what a child's individual expression is? We really wanted to develop a collection that would be universal," Target's Senior Vice President of Design and Product Development Julie Guggemos said.
Eco-friendly online retailer Honest Co. is working with investment banks on an initial public stock offering, sources said. Actress Jessica Alba co-founded the company in 2011 with a line of baby products, and the company has grown with an expanding line of cleaning and beauty products that are also now sold at Target and Whole Foods.
Costco and Trader Joe's will enter the Tulsa, Okla., market over the next few months, which will heat up the competition in a market that already includes 27 Wal-Mart stores and four Sam's Club stores, as well as Whole Foods, Natural Grocers and Reasor's. The entry of Costco and Trader Joe's could affect the market in several ways, experts said, including bringing more revenue into the city and causing consolidation in the grocery market there.
Kroger's ClickList program is available at 36 US stores and it will expand from two to 10 stores in Michigan this year. The click-and-collect program, which offers online grocery shoppers the option of curbside delivery, is promoted as a time saver for shoppers, and a growing number of chains including Meijer and Wal-Mart are offering similar perks.
Several tech companies showed up to Super Bowl 50 on Sunday with commercials to take advantage of the game's massive audience. Amazon tapped Alec Baldwin and Dan Marino to star in its ad, T-Mobile turned to rapper Drake, Wix came up with a "Kung Fu Panda" commercial, and Squarespace used comedians Key and Peele to get its message across.
UK consumer spending jumped 2.7% in January from the same month last year, hitting an eight-month high, according to a survey from Visa Europe. The figures cover entertainment, travel and dining out as well as shopping. "It's a feel-good start to the year for retailers and consumers, despite the global economic jitters," said Kevin Jenkins, the payment card company's UK managing director.
Both Lowe's Canada and Rona have strengthened their leadership changes since Rona rejected Lowe's $1.8 billion buyout bid in 2012, said Lowe's Canada President Sylvain Prud'homme, whose retail career includes experience in both French- and English-speaking areas of Canada. Changes at the companies and the higher bid of $3.2 billion Lowe's offered last week make it much likelier that the merger will be a success, he said.
- Page 1