Retail Roundup—Neiman Marcus vet returns to Bergdorf; Amazon's subscription for kids

Neiman Marcus
Neiman Marcus welcomes back Darcy Penick to lead Bergdorf Goodman. (Phillip Pessar)

Ikea India to serve local foods

The first Ikea in India will open next month and include a 1,000-seat cafeteria featuring local food. Not on the menu: the furniture giant's most famous menu item, Swedish meatballs. (The Times of India)

Amazon's subscription for kids

Amazon has launched a subscription service for kids that features videos and books. FreeTime Unlimited is available on the App Store and is free to download, but then runs on a monthly subscription, which varies in price depending on where the service is purchased. (Venture Beat)

Neiman Marcus vet returns to lead Bergdorf

Darcy Penick, who started her career at Neiman Marcus, is returning to the company to become president of Bergdorf Goodman. Penick is currently at Amazon-owned Shopbop, an online fashion and accessories retailer, where she has worked since 2009. (Dallas News)

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Former CEO working on Toys R Us revival

Former Toys R Us CEO Jerry Storch is working with investors to revive the bankrupt retailer. Credit Suisse Group AG is the financial adviser, as a liquidation of all assets has left billions of dollars in revenue up for grabs. (Bloomberg)

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