Teen fashion retailer Hollister will open a smaller-format store in New York City's Herald Square, months after parent Abercrombie & Fitch said it would shutter Hollister's large-format Manhattan flagship. Abercrombie is focused on opening smaller stores and adding new delivery and click-and-collect options to boost profits.
Stop & Shop has added The Mini Bakery from Wilkinson Baking Co. at a store in Massachusetts. The Mini Bakery machine, also known as "The Breadbot," can freshly bake 10 loaves of artisan bread every hour.
Albertsons is expanding its ExxonMobil fuel rewards program to 15 states on the East Coast. The Gas Rewards program is available through Safeway, Acme, Shaw's and Star Market stores, and can be redeemed at around 1,500 Exxon and Mobil stations.
Returns and other areas of reverse logistics have been growing in November and December, as opposed to after the winter holidays, so companies should start planning now to make sure they can give customers the service they expect, Linus Kalenze writes. He recommends having an easy-to-follow returns policy, creating a retrieval strategy and forming a plan to deal with returned merchandise promptly.
Walmart CEO Doug McMillon has been selected to replace JPMorgan Chase CEO Jamie Dimon as chair of the Business Roundtable. McMillon, whose two-year term at the helm of the CEO trade group will start Jan. 1, said the group will focus on the role business will have in influencing the future of the country.
Macy's will start testing free same-day delivery for online orders of at least $75 next month in 30 US markets including Boston, Chicago, Los Angeles and New York City. The retailer launched same-day delivery two years ago, but this will be the first time it waives the $8 delivery fee on qualifying orders.
Aftermarket technologies such as Wi-Fi sticks, long-range wireless power receivers and cloud-based DVR services are improving the consumer experience by effectively transforming gadgets into smart home products. Ori Mor writes that manufacturers should consider addressing consumer demands by integrating these features into their products from the start.
Amazon has grown its cashierless Amazon Go concept to 16 stores in the last two years with a strong focus on grab-and-go, and the online retail giant continues to expand the concept. Meanwhile, traditional food retailers including Kroger, Tom Thumb and Market Street have been upping their investments in prepared foods since 2015.
Select cherished items from food icon Anthony Bourdain's collection will be on the auction block in October -- including a custom Bob Kramer chef's knife made of steel and meteorite, which is likely to bring the highest price. Nearly half the proceeds will be donated to the Culinary Institute of America and its new Anthony Bourdain Legacy Scholarship.
Five lemon squeezers' features are covered comprehensively and reviewed, with guidelines for choosing the best one. Products from Bellemain, Zulay and Gelindo are on the list.
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