Retail Roundup—Target launches 4th home brand; U.S. shoppers embracing Lidl

Target store
Target is launching its fourth line of home goods in one year. (Mike Mozart/CC BY 2.0)

Retail losses shrank in 2017

Thefts and losses from retail decreased to $46.8 billion in 2017 from $48.9 billion in 2016, according to the National Retail Federation and the University of Florida. In total, shrink sales accounted for 1.33% of all sales, down from 1.44% the year before. (National Retail Federation)

Target launches 4th home brand in one year

Target is launching its fourth home brand this year at the end of the month. Made By Design includes 750 products ranging from cookware to bathroom products, and is part of the store's plan to expand its private-label offerings. (Star Tribune)

McDonald's moves HQ, downsizes

After moving its headquarters earlier this week to downtown Chicago from Oak Brook, Illinois, McDonald's U.S. President Chris Kempczinski announced a corporate downsizing in order to shore up its U.S. business. And with this change he assured there will need to be cutting of staff. (MarketWatch)

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Newcomers embracing Lidl

In a recent survey by Oliver Wyman, 48% of 600 consumers who tried Lidl are now shopping there on a regular basis. And consumers are spending more money per shopping trip at Lidl than they did a year ago. (BusinessWire)

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