Retail Roundup—Lululemon and Pottery Barn team up; Yesway introduces rewards

Pottery Barn's PBteen brand and Lululemon collaborated on the Ivivva home decor line for teens.

Lululemon partners with Pottery Barn

Activewear brand Lululemon has announced a partnership with Pottery Barn’s PBteen brand to create a home decor line. The line for teenage girls aims to inspire an active lifestyle, with products including a mirror with a barre, along with essentials such as linens for the bed. (Fast Company)

Yesway introduces rewards program

Midwest convenience store chain Yesway has introduced a new customer loyalty program that offers points to customers for each dollar spent on fuel or in-store merchandise. The “Smiles” points can be redeemed for a wide assortment of products including drinks, candy and nonperishable items. (PR Newswire)

Sears amends credit, pays down real estate loan

Sears has entered into an amendment to its existing credit under which subsidiaries of the company may borrow credit as needed, not to exceed $500 million at any one time. Additionally, the company closed on over $200 million of real estate transactions last month, resulting in a paydown of its April 2016 real estate loan. (PR Newswire)

PetSmart grows store base

PetSmart opened 18 new store locations in the first quarter of 2017. The company opened a total of 70 stores in 2016, a number it expects to top in 2017. The company now operates more than 1,500 stores throughout the U.S. and Canada. (Business Wire)