Amazon to open checkout-free store

Amazon will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail. The Seattle store, known as Amazon Go, relies on cameras and sensors to track what shoppers

Retailers consider investing in online ‘Costco for millennials’

General Mills and Bed Bath & Beyond are weighing investments in Boxed.com, The Post has learned. Big Apple-based Boxed, dubbed the online “Costco for millennials,” is suddenly among the hottest tech startups in the country because its network of distribution centers provide 24-hour delivery to wide swaths of the

Smart vending machines could change e-commerce as we know it

Lowly vending machines that spit out candy, soda and smokes are so last century. New-fangled machines that sell down jackets and cell phones are on the verge of becoming vital cogs in the e-commerce, want-it-now revolution — serving as around-the-clock, around-town warehouse-like distribution points that make the last mile

Smart vending machines could change e-commerce as we know it

Lowly vending machines that spit out candy, soda and smokes are so last century. New-fangled machines that sell down jackets and cell phones are on the verge of becoming vital cogs in the e-commerce, want-it-now revolution — serving as around-the-clock, around-town warehouse-like distribution points that make the last mile

Canada Goose may launch bedding and shoe lines

Now Canada Goose wants to tuck its customers into bed. Bedding and shoes could be the next product launches from the Toronto-based company, Chief Executive Dani Reiss said on Monday at the ICR retail conference in Orlando, Fla. Without elaborating, Reiss said other products are “always on our mind.” The company’s wildly popular

Retailers report a healthy spike in holiday sales

Consumers shopped at stores and online outlets at a solid pace in December, closing out a healthy holiday season for retailers. The Commerce Department said Friday that retail sales rose 0.4 percent last month, after a 0.9 percent surge in November. Retail sales rose 4.2 percent in 2017, the

Why we “forget’ child labor made our jeans, but brag about our organic lunch

A firm moral compass is great, but a selective memory will do. Consumers demonstrate a willfully ignorant memory after learning products they like were unethically made, according to new research published in the Journal of Consumer Research. In an effort to “avoid emotionally difficult ethical information” like the use of child

Lululemon shares spike on unexpectedly strong holiday sales

Shares of Lululemon Athletica surged after the yoga clothier raised its forecast for the fourth quarter, citing stronger-than-expected holiday sales. The Vancouver-based retailer had said in December that the holiday season had gotten off to a great start, with the company’s highest traffic and largest sales ever on Black

Neiman Marcus names Ralph Lauren exec as new CEO

Struggling luxury retailer Neiman Marcus Group on Friday named Ralph Lauren executive Geoffroy van Raemdonck to succeed Karen Katz as its new chief executive next month. Katz, a Neiman lifer who has served as CEO since 2010, will retain her board seat after stepping down on Feb. 12, the

Why Sears stopped running TV ads this holiday season

It’s not just Sears and Kmart stores that are going dark: The struggling chains have also stopped running commercials on national TV. Sears Holdings, which has been steadily shuttering stores at both brands, hasn’t run a single TV ad since Black Friday — despite the fact that the holiday

Holiday returns might take a lot longer than you thought

If you thought holiday shopping was hell, wait until you try to return stuff. Picky gift recipients could be faced with lengthy waits next week as they queue up to return and exchange unwanted Christmas loot, industry experts warn. That’s because most retailers will be woefully understaffed — just like

This new NYC boutique is like the “Clueless’ closet brought to life

Cult fashion brand Reformation, beloved by the leggy likes of Karlie Kloss and Emily Ratajkowski, has opened a third NYC shop at 39 Bond St. — and it’s got a futuristic twist. Although the 3,500-square-foot space features the usual racks of eco-friendly threads, the looks on the floor are just for

Retailers finally get a Santa Claus rally as sales surge

Santa Claus finally came for retailers this year — and Wall Street couldn’t be happier to see him. After a brutal 2017 marked by store closings and dwindling traffic at shopping malls, retailers rang up a 4.9 percent holiday sales gain — the largest year-over-year increase since 2011, according

Post-Christmas sales may rival Black Friday this year

Keep those credit cards warm. Retailers hoping to extend the Christmas buying frenzy will swing their doors back open Tuesday — with some offering Black Friday-level prices to clear inventory and keep registers ringing. From Amazon to Nordstrom to Old Navy, an increasing number of outlets are offering fresh sales

NYC retailers rock the holidays with extravagant displays

Retailers’ holiday-inspired displays helped lure some of the 6 million visitors to Gotham to do their shopping between Thanksgiving and New Year’s — an all-time high, according to NYC & Co., the city’s official marketing organization. The city’s department stores went all out this year with holiday glitz. Macy’s,

FAO Schwarz is teaming up with manufacturers for its comeback

see also FAO Schwarz cut a deal this month to open a store at Rockefeller Plaza — and now it’s cutting deals to fill the store with goodies. The iconic toy retailer — which will stage its retail comeback next fall after shuttering its famous Fifth Avenue flagship in mid-2015 —

Fate of Barneys New York flagship up to arbitrator

Barneys New York is fighting like hell to save it Madison Avenue flagship. After more than six months of intense — but fruitless — negotiations over a lease extension with its landlord at 660 Madison Ave., the posh retailer’s future at the address hinges on an arbitrator’s ruling, The

Holiday shopping season is strongest in years

With just seven shopping days until Christmas, upbeat US consumers are spending their way to the best retail holiday shopping season in seven years. But shoppers will have to sprint to the finish for retailers to really celebrate a great end-of-year finish. Last year, Christmas week was the biggest sales

Target purchases grocery delivery service for $550M

What the truck is going on with big box retailers? Target on Wednesday became the latest big boxer to join the equivalent of the arms’ race for retailers — same-day delivery — with its purchase of Shipt, a grocery delivery service. Target made the $550 million deal to compete in

Walmart workers can request to get paid earlier on special app

NEW YORK — Walmart is providing workers with an app aimed at helping them budget their money and get paid before payday. The retailer said Wednesday that it teamed up with financial technology startup Even and PayActiv to provide an app to 1.4 million Walmart workers. The Even app automatically

German grocer Lidl’s US growth spurt is losing steam

Lidl is losing its appetite for big stores. The fast-growing German discount grocer has recently switched gears and will now include in its expansion plans store locations the size of a drugstore — or less than half the size of its original growth strategy, The Post has learned. After charging

Website called out for offensive plus-size ads

A website is being called offensive for its advertisements for plus-size tights, which feature petite models being engulfed by the pantyhose to demonstrate each pair’s capacity to stretch. There are several of the ads, which have circulated around the internet, and they all show a slender woman posing inside large tights.

Saks Fifth Avenue owner admits summer layoffs sparked chaos

The owner of Saks Fifth Avenue got a little too happy swinging the ax this summer. Hudson’s Bay Co., which also owns Lord & Taylor, admitted Wednesday a June bloodbath that claimed 2,000 workers threw its operations into chaos this fall, hitting sales online particularly hard. HBC shares were recently

Walmart’s prices online are now nearly as low as Amazon’s

Wal-Mart is within striking distance of matching Amazon’s online prices for the first time, a key milestone in its effort to regain the “low price leader” title. Wal-Mart has aggressively invested in making its prices more competitive against brick-and-mortar rivals since the start of the year. Now, the shrinking gap

Black Friday set record for most gun background checks in a day

Shoppers didn’t exactly bust down the doors to snag Black Friday deals. The number of visits to retail stores slipped just under 1 percent from the day after Thanksgiving last year, according to retail analyst ShopperTrak. For Thanksgiving Day and Black Friday combined, the drop was bigger — down 1.6

Black Friday turnout the ‘best of the last few years’

It was flashback Black Friday. Deep discounts, giveaways and the old-fashioned fun of filling shopping carts with shiny new goodies lured Big Apple bargain hunters away from the warm glow of their computer screens and into malls across the city for the traditional post-Thanksgiving carnival of consumerism. see also Those among

Retailers look to woo shoppers from rivals as Amazon grows

NEW YORK — Toys and TVs at J.C. Penney, Barbies at Best Buy, kitchen appliances like wine refrigerators at B.J.’s. As the holiday shopping season officially kicks off Thursday, shoppers may find some surprises at their favorite stores. Even as retailers are counting on a lift from a better

Walmart shares jump on better-than-expected sales

Wal-Mart, the world’s largest retailer, reported better-than-expected quarterly sales at established US stores on Thursday, boosted by hurricane-related purchases and soaring online sales, sending its shares up 6 percent. The retailer has recorded more than three straight years of comparable sales growth, despite slow demand and a tough retail