Apple's new flagship on Chicago's Michigan Avenue is encased in glass walls 32-feet high that offer a clear view of the Chicago River. "We really wanted to create the ultimate Town Square for Chicago and for the Midwest," Apple Retail Chief Angela Ahrendts said.
French luxury brand Louis Vuitton has acquired a 256-acre parcel in Keene, Texas, to build its first US factory. The 100,000-square-foot facility will produce purses and luggage and promises to bring between 100 and 500 new jobs to the 6,000-person town.
Baltimore-based workout wear brand Under Armour is launching a subscription service dubbed ArmourBox, which will offer free shipping and won't charge a monthly fee. Stylists will choose up to six pieces of gear based on customer information, and customers will get a 20% discount if they decide to buy all of the pieces in a box.
Selfridges unveiled Christmas windows at its London flagship this week featuring a series of parade floats that celebrate elements of the three British cities where the retailer operates department stores. The company will debut a second set of holiday windows in November, when it will also unveil plans for an expansion of its accessories hall.
Uniqlo is seeking a second site in downtown Vancouver after opening its first store there earlier this month, chief executive Tadashi Yanai said. All of the Canadian stores to date have opened in malls, but the Japan-based fast-fashion retailer will consider high street locations in the future, he said.
Target will make over 1,000 of its 1,800 stores in the next three years, up from the 600 announced earlier this year, after seeing positive results from its first remodels, CEO Brian Cornell said Thursday. As it focuses on competing with Amazon and Walmart, Target will also open more small-format stores and bolster its private-label offerings.
Acquiring both Associated Grocers of Florida and Unified Grocers has put SUPERVALU in a strong position in the food retail industry, according to supermarket expert Burt Flickinger III. The acquisitions bolster SUPERVALU's position among Hispanic and Asian-American consumers and give the retailer the ability to lower store prices on private-label and CPG items, making it more competitive, he said.
Neiman Marcus has teamed with Indie Beauty Expo to launch 15 new beauty brands at the upscale retailer's department stores. It's the latest example of department stores looking to boost store traffic and beauty sales through partnerships with independent brands.
Sephora Collection teamed with Clique Media Group to launch a beauty truck that rolled out to college campuses this week with makeup samples and beauty tips. Students get advice on how to make up appropriately for different situations from internship interviews to nights out.
Walmart sees a retail future where virtual reality tools can create improved experiences, including 3-D holograms that would let Bonobos customers virtually try on new fashions. Other innovations in the pipeline include 3-D images that give ModCloth shoppers a better way to find the right fit and virtual shopping assistants.
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