Multichannel Retail
Top stories summarized by our editors
6/26/2019

Idaho's Pine Ridge Mall in Chubbuck and Grand Teton Mall in Idaho Falls were both developed in the 1980s by the Price Development Company and were largely similar, but that's no longer the case. Grand Teton has managed to keep several department stores and other retail offerings, while Pine Ridge has struggled to retain these large retailers and has instead sought out experience-based businesses, such as a gym and escape room company, to remain open.

6/26/2019

The Mall at Green Hills in Nashville, Tenn., has opened its new two-story wing, which includes several new retail stores, entrances to the Dillard's department store and more parking. The new space has welcomed Forever 21, Foot Locker, Cinnabon and many more tenants.

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Cinnabon, Dillard
6/25/2019

Ford completed $1 billion in upgrades at its two Chicago plants, including new body and paint shops, a revamped cafeteria and break room, and improved parking security. The latest Ford Explorer, Lincoln Aviator and Police Interceptor Utility vehicles will be produced at the plants, where 500 jobs were added.

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WLS-TV (Chicago)
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Ford
6/25/2019

This infographic from Animoto outlines current stats and tips for Instagram Stories, including that one-third of stories with the most views are posted by businesses, 72% of businesses have attracted a new customer via their Instagram account and 62% have received a direct message from a customer in response to one of their stories. Ensure your visual branding is consistent on Instagram Stories, aim to capture attention quickly and design creative for sound-on viewing, the infographic advises.

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Social Media Today
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Instagram
6/25/2019

McDonald's Quarter Pounder reports its sales were up by 40 million burgers in the first quarter, compared to the same period last year, after the chain switched to fresh beef. The change helped McDonald's increase its share of the informal-dining burger market for the first time since 2014.

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McDonald
6/25/2019

Prepared meal seller Snap Kitchen will expand beyond its 33 brick-and-mortar stores in the Austin, Dallas-Fort Worth and Houston markets in Texas, as well as in Philadelphia, with the launch of e-commerce this week. The Texas-based company says it will now be able to offer two-day delivery of its meal boxes in 15 states.

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Snap Kitchen
6/25/2019

Amazon has created Off-to-College, a curated online store designed to give parents and students an efficient way to outfit dorm rooms and do college shopping this year. Influencers including Reese Witherspoon's daughter, Ava Phillippe, have been recruited to promote the collection.

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Amazon, Reese Witherspoon
6/25/2019

Iconic Los Angeles fashion retailer Fred Segal is sealing partnership deals to expand to international markets, starting with China, Japan and Korea, Chairman Jeff Lotman said. "L.A. is a space we've owned for a long time, and it's one that is truly exportable. People want to do business with us," he said.

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Fred Segal, Fred Segal, Jeff Lotman
6/25/2019

Singapore startup Trax has signed a deal to acquire Shopkick, a California-based app that offers users the chance to earn gift cards and other rewards in exchange for watching specific content or scanning product barcodes. Trax is growing through acquisitions with an eye on going public within two years.

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Shopkick
6/25/2019

Victoria's Secret's exit from swimsuit sales left the category without a leader and opened up the market to direct-to-consumer startups including Summersalt, Lively and Andie. More than one-quarter of US swimwear sales happen online, according to NPD Group, and 78% of those who buy suits online are loyal to a single brand.

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CNBC
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NPD Group, Lively