Retail Roundup—Walgreens selling meal kits; Guess chairman resigns

Walgreens Android Pay
Walgreens will be one of the first drugstore chains to sell meal kits. (BusinessWire)

Walgreens to sell meal kits

Walgreens and Duane Read in the New York area will now sell three of the 30 Chef'd meal kits. This is one of the first times that a meal kit company is partnering with a drugstore chain. (CNBC)

Guess chairman resigns after sexual harassment scandal 

Paul Marciano, the co-founder, chief creative officer and chairman of Guess, announced he will step down amid allegations of sexual harassment. A special committee in charge of investigations presented investigative results to the board of directors and it was decided that Marciano can remain on the board until his contract expires early next year. (Apparel News)

Tech boosting Zara's competitive edge

It seems Inditex SA, parent company of Zara, is benefitting from tech investments it made to boost online and in-store efficiency. Recently, Zara introduced holograms and AI technology to display clothes in some locations in an effort to erase the lines between digital and physical. (Bloomberg)

RH turns to higher-end furniture

RH, formerly Restoration Hardware, has recently shifted to selling higher-end furnishings and focusing on its membership model. And despite weak revenue in the latest corner, RH shares have been rising, gaining 76% since the start of the year. (CNBC)