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Top stories summarized by our editors
8/3/2021

Target and Kohl's are among the major retailers reinstating mask mandates for all employees at stores in areas where COVID-19 cases are on the rise due to the Delta variant of the coronavirus. Home Depot is going further by requiring employees, contractors and vendors to mask up in stores and offices and on all off-site job locations.

8/3/2021

Selfridges has created an in-store shop called Resellfridges: The Wedding to offer resales and rentals of preowned designer wedding gowns, suits, vintage rings and other apparel and accessories for the big day. The department store's Oxford Street location in London offers a space to hold weddings, and the new shop is designed to cater to trends around sustainability and simplified weddings that grew from the pandemic.

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Selfridges
8/3/2021

Coach and Kate Spade parent Tapestry will increase its minimum wage for hourly employees to $15 starting next month and pay one-time bonuses of $500 to store associates and $1,000 to store managers, the company said. Tapestry is also establishing the nonprofit Tapestry Foundation, with plans to invest $25 million in efforts related to environmental and social issues.

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Footwear News
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tapestry, store associates
8/3/2021

Amazon has expanded the rollout of Amazon One biometric hand scanners to its grocery stores, bookstores and 4-star locations across the US after the first one's debut last year. Now the company is offering $10 in store credit for shoppers who register their palm prints with the system, which links palm prints to their Amazon accounts and lets them pay with a swipe of the hand.

8/3/2021

The holiday season is typically a time when retailers fill seasonal posts with people in need of extra cash, but this year, merchants are going into the season shorthanded and scrambling to fill vacant posts in a tight labor market. Turnover rates are soaring even as wage rates rise, and the number of job seekers is down 10% from pre-pandemic levels, while job vacancies have grown by nearly 70%, says Mathieu Stevenson, CEO of Snagajob.

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Snagajob
8/3/2021

A judge has approved Victoria's Secret UK's move into liquidation procedures more than a year after the Britain-based unit of the US lingerie company entered administration. The Victoria's Secret online business is a separate entity that will continue operating.

8/3/2021

Sales of fast-moving consumer goods grew faster in India's rural areas than in urban areas in the fiscal year ended 31 May, according to a Kantar report. Rural sales were spurred by increases in a range of categories, including personal care and hygiene items, such as hand sanitizers, and grooming goods like talcum powder.

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LiveMint (India)
8/3/2021

Bolt, an Estonian startup that provides fast grocery delivery and transport services, raised €600 million in a funding round that gave it a valuation that tops €4 billion. With the new capital, it plans to roll out Bolt Market, its 15-minute grocery delivery service, in several European countries.

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Reuters
8/3/2021

Russian discount retailer Mere will open its first UK store later this month, with plans to compete with established players Lidl and Aldi. Mere's model has suppliers delivering directly to stores that display goods on pallets and offer minimal customer service, practices it says allow it to undercut rivals' prices by as much as 30%.

8/2/2021

Walmart will require store employees in counties where the COVID-19 risk is high to resume wearing masks immediately, and will encourage but not require shoppers to do the same. The retailer will post signs reminding shoppers about the revised guidance from the CDC urging people in counties where numbers of COVID-19 cases are rising rapidly to wear masks, and Walmart will evaluate its mask rules weekly going forward.

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CNBC, CNN
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Walmart