Retail News

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Report: Millennials serving as mentors to veteran Target workers

The Minneapolis Star Tribune reports that Target and United Healthcare are among a slew of companies that are leaning on younger employees to keep veteran workers knowledgeable about technology, social media, and other evolving aspects of the marketplace in order to better engage and reach consumers. (Star-Tribune)

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Ahold, Delhaize complete merger

The combined company began trading Monday as Ahold Delhaize on Euronext Amsterdam and Euronext Brussels, with Ahold Delhaize American Depositary receipts trading over-the-counter in the United States.

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Report: CVS Health testing Google Nearby beacon

Google recently announced it is allowing businesses to send smartphone alerts to consumers via Google Play through a program called Nearby, Internet Retailer reported Tuesday. "CVS is one of the first businesses testing Nearby," the report stated. "CVS is using the Nearby program to let shoppers know they can send photos to the retailer for in-store printing via the CVS smartphone app," Internet Retailer concluded, citing Google. CVS declined to comment, according to the report. (Internet Retailer)

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NRF: back-to-school spending to reach $75.8 billion

With back-to-school spending on a “stock up” cycle rather than a “make do” cycle, total spending for K-12 and college school supplies is expected to reach $75.8 billion, up from last year’s $68 billion, according to the National Retail Federation’s annual survey conducted by Prosper Insights and Analytics.