Specialty Retail
Top stories summarized by our editors
10/16/2019

Lidl is preparing to open four more stores on Long Island, N.Y., by next summer, in addition to the four previously announced. The move comes as part of the company's purchase of 27 Best Market stores, 24 of which are located on Long Island.

10/16/2019

The Children's Place will revive the Gymboree brand next year, with online sales and Gymboree-branded shops inside 200 of its stores, the company said. Gymboree shuttered all 800 of its children's clothing stores after filing for bankruptcy protection early this year, and The Children's Place bought the rights to the brand and sibling brand Crazy 8 for $76 million.

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CNBC
10/16/2019

Off-price retailer Ross Stores has opened 98 new stores thus far this year, bringing its total presence to 1,811 Ross Dress for Less and dd's Discounts locations in 39 US states. The retailer ultimately expects to grow to 2,400 Dress for Less and 600 dd's stores, President Jim Fassio said.

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Footwear News
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Ross Stores, Ross
10/16/2019

Deere & Co. this year has increased its purchasing of tractors and construction equipment for leasing to farmers and builders. Leasing is more complicated than selling, and the company runs the risk that customers will come to prefer leases over outright purchases, Bob Tita writes.

10/16/2019

PepsiCo's growth in snack sales is attributed to knowing how to leverage data to target consumers by the household, says CEO Ramon Laguarta. The company has also invested significantly to expand its portfolio to include premium trends and healthier ingredients, as well as to increase marketing and support international growth, he says.

10/16/2019

Walmart's InHome grocery delivery service has launched in Kansas City, Pittsburgh and Vero Beach, Fla. Specially trained employees can drop off groceries directly inside customers' homes if they are equipped with a smart door lock kit or smart garage door kit, which can be purchased for $49.95.

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CNBC
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Walmart
10/16/2019

A blue carbon steel roasting pan big enough to cook a 12-pound turkey has been designed by chef Tom Colicchio and Alinea Group's Grant Achatz in concert with Made In, a direct-to-consumer cookware brand. The material is a rust-resistant, lightweight metal that is durable enough for the stove and the oven.

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Inside Hook
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Tom Colicchio
10/16/2019

OXO, Ozeri, Joseph Joseph and Etekcity made this list of top food scales. One Amazon reviewer says the Etekcity digital multifunction scale with removable bowl is "remarkably accurate, and the fact that it has multiple functions for water, milk, and solid food measurement is really cool."

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Men's Health
10/16/2019


FMI's 70th annual The Food Retailing Industry Speaks report provides important operational and financial benchmarks. We've broken down the top findings from the 2019 report, representing 36,000 stores. Learn more.

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fmi.org
10/16/2019


Technology can be a game changer in fresh foods, bringing solutions to longstanding challenges related to inventory, waste, freshness and food safety. Read more.

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fmi.org