Specialty Retail
Top stories summarized by our editors
7/16/2018

Target is offering all teachers a discount on school supplies this month, including preschool teachers, home school teachers and college professors. Teachers can redeem the 15% discount, which covers pens, pencils, crayons, storage, hand sanitizer and more, by signing up online for the Teacher Prep Event.

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USA Today
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Target
7/16/2018

Sears closed its namesake store in the Portage Park neighborhood of Chicago on Sunday, marking the retailer's departure from the city. The retailer, which has been steadily closing stores, still operates one Kmart location in Chicago and several Sears locations in the city's suburbs.

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Sears, Kmart
7/16/2018

Rouses Markets of Louisiana has grown from 16 stores to 55 since 2007, and CEO Donny Rouse discusses the risks and rewards associated with that type of rapid growth. Rouse also explains how the company excels in seafood sales because of its commitment to fresh and local items from Gulf fishermen.

7/16/2018

Consumers are interested in skipping the grocery checkout, the kind of experience that Amazon's Go stores provide, according to a survey from Shorr Packaging. Consumers overwhelmingly liked the idea of a cashier-free checkout, even at a greater expense, with only baby boomers less enthusiastic about the idea.

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Progressive Grocer
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Shorr Packaging, Amazon
7/16/2018

Taxes on sweetened drinks don't spur a decrease in overall calories consumed, says Coca-Cola CEO James Quincey. "There was a recent study done on the California tax that the sugary, sparkling beverages went down, but actually people bought other food and beverages and so their total calories actually went up, so it's not going to help solve it," he said.

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Coca-Cola, James Quincey
7/16/2018

Airbus has missed delivery deadlines, which has hurt its cash flow while upsetting relationships with customers. Meanwhile, supplier delays and increased demand are keeping Boeing on alert, though it says it will not miss deadlines.

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Morningstar
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Airbus, Boeing
7/16/2018

Americans owned about 139 million freshwater fish last year, compared with about 74 million cats and 70 million dogs, according to the AVMA, and aquatic animal medicine remains a niche field that more veterinarians are studying as the popularity of aquatic pets rises, says veterinarian Gregory Lewbart, a professor of aquatic animal medicine at North Carolina State University. Moreover, aquatic creatures meet part of the world's protein demand, making aquatic animal medicine "a viable and growing area of the profession," Dr. Lewbart said.

7/16/2018

Amazon is preparing to release its own smart TV with the assistance of Chinese tech company Huawei. The company has struggled to attract British customers to its Prime Video option as an alternative to pay TV; the move may allow Amazon to compete with major rivals Sky and Virgin Media in the UK.

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Amazon, Huawei, Virgin Media, Virgin Media
7/16/2018

Roblox intends to pay out about $70 million to 4 million developers working on games this year. The payment is up from more than $30 million last year, and the company is reportedly fundraising based on a valuation of up to $2.4 billion.

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Business Insider
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Roblox
7/16/2018

Overwatch made its prime-time debut with league playoffs kicking off on DisneyXD and various ESPN channels last week. While the potential of esports on prime time is unknown, the two broadcasters are hoping to be at the forefront of a new phenomenon.

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eSports, Overwatch