Retail Roundup—Target tests new loyalty program; Claire's files for bankruptcy

Target store
Target is testing out a new loyalty program. (Mike Mozart/CC BY 2.0)

Target to test new loyalty program

Target's debit and credit card, Redcard, is no longer growing and so the big-box retailer is testing out a new loyalty program. The pilot, known as Target Red, will not be linked to a payment card and will help members use 1% of their purchase totals toward their next Target purchase. Star Tribune article

Claire's files for bankruptcy

Accories store Claire's has filed for Chapter 11 bankruptcy protection. The retailer is still feeling the backlash from a string of private equity buyouts about a decade ago that saddled Claire's with burdensome payments. USA Today article

Macy's to expand mobile checkout to all locations

Macy's announced it will add mobile checkout to all stores by the end of 2018. The technology uses the Macy's app to allow shoppers to scan an item, pay from the app, and then take the purchases to a special mobile checkout counter where sales associates remove the tags. Investor's Business Daily article

H&M expands in India

H&M announced it will expand its presence in India and hire 800 new employees. The company will not open up any other brands under the H&M Group umbrella due to the country's sourcing law. Business Standard article

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