Home Depot plays up innovative products with new seal by Adrianne Pasquarelli at Ad Age. "The award, given annually, highlights 10 products that create more value and convenience in the home improvement space for customers...Each item will be marked with the seal online beginning Oct. 2; in-store customers will see the label next month." Tiered subs.   JC Penney taps former Joann Stores chief Jill Soltau as its CEO at CNBC. "Prior to working at fabric and crafts retailer Joann stores, Soltau was a chief merchandising officer at Shopko Stores. She also has worked for Sears and Kohl's." Read more   [...]

  Kroger and Walgreens to collaborate on exploratory pilot at CNBC. "Kroger and Walgreens are exploring a partnership to offer customers a new service that allows them to pick up groceries ordered online at Kroger at certain Walgreens locations, the two retailers announced Tuesday. The two are testing the concept at 13 Walgreens stores in Northern Kentucky, near Kroger's Cincinnati headquarters." Read more   Amazon raising its minimum wage for all U.S. workers to $15 an hour, effective November 1 by Anthony Ha at TechCrunch. Read more   Stitch Fix shares crater as revenue, active clients miss estimates at CNBC. "Stitch Fix said [...]

  This is the beginning of the end for Lord & Taylor’s flagship store by Lisa Fickenscher at NY Post. "The upscale retailer’s 104-year-old flagship store at 424 Fifth Ave. — New York City’s oldest — is set to launch a final “store closing” sale on Thursday that will hawk deals on fashions and accessories throughout the holidays before the store shuts down for good." Read more   These retailers will be closed on Thanksgiving at CNBC. Long list   Amazon Enters Bed Market With Low-Cost Basic Foam Mattress by Spencer Soper at Bloomberg. "The AmazonBasics foam mattress, starting at $130, [...]