Retail Roundup—CVS overhauls beauty, Ralph Lauren names new president

CVS pharmacy
CVS plans to remove seven chemicals, including parabens and formaldehyde, from its private-label beauty and skincare products by 2019.

CVS overhauls beauty brands

CVS is overhauling its beauty products to appeal to health-conscious consumers. The company introduced more than 2,800 new products to the department in 2016 and has launched Enlite, a CVS-exclusive product line. (Glossy)

Ralph Lauren names president, CEO

Patrice Louvet has been named the new president and CEO of Ralph Lauren. Louvet most recently served as group president of global beauty at Procter & Gamble, a division of 12 brands with approximately $11.5 billion in revenues in 2016. (Business Wire

Target to open urban format in Denver

Target has announced plans to open a new, small-format urban store in downtown Denver. The 28,000-square-foot store is scheduled to open by summer 2018 and will have a product assortment tailored to city dwellers. (The Denver Post)

Whole Foods to expand 365 in California

Whole Foods has mapped out a plan to open four new 365 stores in Southern California in the next year. The specialty grocer has been struggling and reported a 2.4% decrease in same-store sales in the first quarter this year. The company is hoping its new lower-price brand will help sales. (LA Times)

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.