Macy's will open its 15,000-square-foot Backstage shop inside its New York City flagship today, as part of a plan to expand the off-price concept to 37 more full-line Macy's stores by the end of next month. The Backstage shops are designed to appeal to budget-conscious shoppers with value-priced goods in several categories including fashion, toys, home goods and beauty products.

The exterior design for the planned new IKEA City Center Vienna Westbahnhof was modeled after the Sweden-based furniture retailer's iconic shelving to provide fresh air and sunshine to each floor. The building was designed to fit into the surrounding urban neighborhood and, in addition to the store, will feature hostels and public spaces such as the rooftop garden.

Grocery spending drove up Target's first-quarter results as the retailer continues to invest in same-day delivery and pickup. Shoppers will soon be able to return products curbside and use Supplemental Nutrition Assistance Program payments for online, drive-up and pickup orders.

London-based luxury brand Burberry Group reported a 23% rise in revenue and a 38% increase in profits for the fiscal year ended April 2, fueled in part by efforts to make the brand more exclusive by ending third-party wholesale agreements and discounting. The brand plans to revamp 65 of its stores this year with Burberry's refashioned logo and new fashion display backdrops.

Discount retailer Dollar General is in growth mode with plans to open an average of three new stores daily in rural areas and small towns across the US where residents often lack convenient access to other shopping options. Dollar General operates more than 18,000 stores and will open 1,100 more in 2022, and it has increasingly become the go-to grocery shopping option for residents in towns like Olive Hill, Ky., which lost its only supermarket several years ago.

Canada Goose expects to report higher-than-expected full-year revenue and profits for the fiscal year amid strong demand. Doing the lion's share of its manufacturing in Canada has sheltered the luxury parka maker from many of the supply chain challenges others have faced, and it expects its business in China to return to normal after pandemic-related lockdowns end.

Shipping vessels are backed up at the Port of New York and New Jersey as peak shipping season nears, with an average of 14 container ships per day waiting outside the port last week. Rick Cotton, executive director of the Port Authority of New York and New Jersey, said the port is collaborating with warehouses, ocean and road transport professionals to reduce the delays with an "all hands on deck" approach.

Pre-COVID-19, Bloomingdale's focused on risk management issues like inventory shortage, safety, internal/external theft and fraud, said Peter Chie, operating vice president of asset protection and risk management. With the onset of the pandemic, the retailer pivoted quickly in strategy to put much more emphasis on health and safety, rapidly becoming an expert in pandemic response protocols. Chie, whose experience in the retail loss prevention industry spans over 30 years, is speaking at NRF's premier retail security event, NRF PROTECT 2022 in Cleveland, taking place June 21-23. He'll join a panel of loss prevention executives for a session titled "Adapt, survive, thrive: LP's ongoing journey." Learn more.

About 64% of consumers say the government is most to blame for inflation. Source: NRF Consumer Inflation poll, conducted using Toluna QuickSurveys, May 2022.

Hear from Kroger Senior Vice President and Chief Supply Chain Officer Gabriel Arreaga and Ocado Solutions Senior Vice President David Hardiman-Evans on breakthroughs and innovations redefining e-commerce distribution, fulfillment and last-mile solutions in the grocery industry. The leaders will share how they're deploying smart, AI-driven technological advancements to serve more households, create tech-first career opportunities and build a more resilient and competitive business model at NRF Supply Chain 360. Learn more.

Chicken-and-waffles chain Sweet Chick has raised $5 million in new funding from Founder's Table Restaurant Group to accelerate growth in markets including Los Angeles and its home market of New York City. The concept launched in Brooklyn's Williamsburg neighborhood in 2013 with a focus on craft cocktails and high-end comfort food, and the new money will also fund the chain's shift to a fast-casual format.