Specialty Retail
Top stories summarized by our editors
7/23/2019

Pat McGrath Labs has released a new campaign called "Skin Fetish: Sublime Perfection." The campaign is designed to promote the makeup brand's new foundation set, which will appear online and in Sephora, Bergdorf Goodman and Selfridges this week.

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Drug Store News
7/23/2019

Kroger has chosen UK-based online grocer Ocado to help the traditional supermarket retailer meet the unique challenges of grocery e-commerce. Ocado's facilities lean heavily on automation and have been designed specifically for digital grocery fulfillment, and Kroger and Ocado have plans to build up to 20 automated grocery fulfillment centers in the US.

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Kroger, Ocado
7/23/2019

Back-to-school spending is expected to reach close to $26.2 billion this year, with an increased household spending rate, according to a National Retail Federation survey. For college shoppers, 45% believe they will buy most of their items online, 39% say they will visit department stores and 36% expect to shop at discount stores.

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Retail Dive
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National Retail Federation
7/23/2019

CDK Global's Mahesh Shah talks in this interview about the company's partnership with Hyundai and Lyft to roll out a new ride-share service in dealerships called Hailer, which aims to improve customer experience by eliminating the need for loaner cars or shuttle services for those waiting for their vehicles to be serviced. "It provides convenience for people and it generates more economy for the dealerships," Shah says.

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CDK Global, Lyft, Hyundai
7/23/2019

Federal Environment Minister Catherine McKenna signed an agreement with California that pledges Canada's adherence to strict fuel-economy standards, even if US federal regulation becomes less stringent, and pledges to support clean vehicles and reduce production of greenhouse gas. "Any movement away from a harmonized approach will hinder choice and increase costs for Canadian consumers," Canadian Automobile Dealers Association says in a statement.

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Catherine McKenna
7/23/2019

Destination charges have increased almost 45% during the past six years, while J.D. Power's new-car transaction costs rose on average by just 16% for the same period, Kelsey Mays writes. J.D. Power's Tyson Jominy says, "I don't think many people realize that D&H [destination and handling] is intentionally a profit-neutral activity," explaining that "[t]he mix of trucks and SUVs in transport is pushing the rates higher."

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Cars
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J.D. Power
7/23/2019

Brett Berk explores how Formula E is not only spotlighting the capabilities of electric vehicles but driving innovation for automakers and manufacturers, including BMW, Panasonic, Audi, Nissan, Jaguar and Mahindra. "The reality is there are real translations in the technology from Formula E to our future production cars," says Jaguar's James Barclay.

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Formula E, Jaguar, Mahindra, BMW, Audi
7/23/2019

Demographic and consumer trends are cutting into consumer packaged goods manufacturers' traditional businesses, so they're increasingly buying skin-care startups with global growth potential. "Our clients are looking to acquire, and they are prepared to pay more than we think they should pay for beauty startups," said New England Consulting Group CEO Gary Stibel.

7/23/2019

Nearly half of manufacturers are in the beginning stages of technologies related to the fourth industrial revolution, while 70% plan to spend more next year, according to a survey by PwC and the Manufacturing Institute. Adopting the industrial internet of things and other technologies can help companies regardless of the economic climate, write Steve Pillsbury of PwC and Chad Moutray, chief economist at the National Association of Manufacturers.

7/23/2019

Manufacturers of products with younger buyers, such as electronics, are more involved in B2B e-commerce than those serving older buyers, such as automotive manufacturers, argues Karie Daudt of Perficient Digital.

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Perficient Digital, Karie Daudt