USA: Target Reported To Cut Short Innovation Projects
Target (TGT +0.1%) has cut short two large innovation projects, according to stories posted by Recode and The Minneapolis Star Tribune.
Development on a small-format prototype store which was part-warehouse and part-showroom has been halted, along with the planned roll-out of the Goldfish software platform.
FEMSA explora el mercado de restaurantes de comida rápida con especialidad en café y panadería
The luxury shoe and bag retailer Jimmy Choo has put itself up for sale in
Mall traffic is sagging. Department store sales have been in decline since 2001. Most retailers
Grocery chain Albertsons is exploring buying Whole Foods, according to the Financial Times' James Fontanella-Khan. The FT, citing
J.C. Penney is expanding its partnership with beauty giant Sephora, online and offline. The retailer announced