Retail Roundup—HelloFresh to sell in Giant; Lululemon's revenue jumps 25%

Lululemon new digital print inspired by NYC street art
Lululemon saw a big jump in revenue thanks to the athleisure trend. (Lululemon)

Nelson Tejada named CEO of Things Remembered

Nelson Tejada has been promoted from president to president and CEO of Things Remembered. Nelson rejoined the company in 2015 as senior VP and chief merchandising officer. (Globe Newswire)

HelloFresh to sell meal kits at Giant, Stop & Shop

HelloFresh will begin selling meal kits in 581 Giant and Stop & Shop supermarket locations. Meals in the kit will take less than 30 minutes to cook and cost between $15 and $20. (USA Today)

The Perfume Shop to expand by 1,300 stores

The parent company of The Perfume Shop, Superdrug and Savers will open 1,300 new stores across the globe in the next year. This will be the third year in a row that AS Watson has announced an ambitious brick-and-mortar expansion plan while other physical retailers scale back. (Retail Gazette)

Lululemon revenue jumps 25%

The sudden departure of Lululemon's CEO at the beginning of the quarter does not seem to be bringing down sales, as the company announced a 25% boost in revenue and same-store sales rose 6%. The athletic retailer continues to benefit from the athleisure trend in casual wear, especially the brand's niche in yoga leggings. (Financial Post)

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