Popshelf, the format launched by Dollar General a year ago to court more affluent shoppers, has proven successful and the retailer plans to grow the chain from 30 locations to around 1,000 over the next few years. Dollar General also said it will open 10 locations in Mexico as part of a plan to grow by 1,110 namesake and Popshelf stores over the next fiscal year.
A new surge in demand for COVID-19 vaccines has retailers including Walgreens Boots Alliance, CVS Health and Walmart requiring appointments. Wait times in some states are rising as concerns about the Omicron variant grow, with millions of adults now eligible for boosters and children age 5 and older now able to receive vaccines.
Signet Jewelers has raised its full-year guidance after beating forecasts for third-quarter sales and earnings growth. The parent of retailers including Jared, Zales and Kay Jewelers stocked stores months ago on expectations that holiday shoppers would get an early start this year, and that forecast proved to be correct, CEO Gina Drosos said.
Fashion retailer Express has grown sales and gained momentum through its ExpressWayForward plan, which launched early last year with a focus on moving away from its dependence on mall-based stores and ramping up product innovation and digital commerce, CEO Tim Baxter said. The company raised its fourth-quarter forecast after reporting a 52% increase in third-quarter comparable sales in stores and online.
The Body Shop has expanded the open hiring program it first tried out at a single US distribution center in 2019, where the practice resulted in bringing on 208 seasonal hires. The program, which eschews resume requirements and formal interviews and instead requires candidates to answer just three questions, is now the practice across all of the company's retail and distribution facilities.
Flashfood is an app that has partnered with about 1,200 supermarkets to give users a way to search for deals on food nearing its expiration date or coming to the end of its shelf life. The app joins other startups designed to find customers for food that would otherwise go to waste, including Misfits Market and Imperfect Foods.
A UK Christmas commercial from ALDI that retells "A Christmas Carol" with characters including Ebanana Scrooge and Kevin the Carrot rated first on Kantar's ranking of this year's most festive spots. Ads from Coca-Cola, Lidl, Marks & Spencer and Celebrations rounded out the top five.
The Giorgio Armani Group will drop angora wool from its fashions starting with next year's fall collection, in an expansion of the fur-free policy the design house adopted in 2016. Armani's ongoing sustainability focus includes participation in the Sustainable Markets Initiative created last year by The Prince of Wales.
NASA is commissioning three privately run space stations, with funding worth $160 million to Nanoracks, $130 million to Blue Origin and $125.6 million for Northrop Grumman. Nanoracks' partners include Lockheed Martin, while Blue Origin is working with Sierra Space and Boeing.
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