Walmart to remodel 12 Michigan stores
Walmart will remodel 12 Michigan stores as part of the retailer's multimillion-dollar plan to update its U.S. locations. The new look will include more ways for the chain to combine the online and offline experience, which includes in-store pickup, lounge areas and online grocery ordering. (MLive)
Food 4 Less scores with millennials
Kroger’s Food 4 Less banner is the top grocery and retail choice for millennials, attracting 48% more customers from this age group than any other. Other grocers popular with millennials include C-Town Supermarkets and H-E-B. (Supermarket News)
Gap sales rise thanks to Old Navy
To analysts’ surprise, Gap sales were up in the latest quarter, boosted by an 8% rise in same-store sales for the Old Navy brand. Old Navy is the company’s highest grossing brand and posted its fifth straight year of sales growth in 2016. (Reuters)
Gordmans to become off-price retailer
Stage Stores, the company that bought Gordmans out of bankruptcy, plans to turn the chain into an off-price retailer. Currently, Gordmans is a mix between department store and off-price retailer. (Omaha World-Herald)