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    J.C. PENNEY AND MACY'S DECRY TARIFFS, WARN OF PRICE HIKES

    Jun 21, 2019

    This week J.C. Penney and Macy's, among scores of other businesses, implored the U.S. Trade Representative to pull numerous apparel and footwear products from a vast product list slated for new 25% tariffs, according to letters filed by the department stores.An attorney for Penney noted in the r...

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    AMAZON REPRISES DORM SHOPPING DEALS

    Jun 21, 2019

    Amazon on Thursday announced that it's reprising its "Off-to-College store," a curated page of dorm room and class essentials, plus apparel and electronics. Prime Student members will get special deals while the store is up, according to a press release emailed to Retail Dive. Amazon w...

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    EBAY ROLLS OUT AI-BASED PERSONALIZATION FEATURES

    Jun 21, 2019

    EBay announced Thursday that it's implementing a series of personalization features for shoppers aimed at showing consumers items that suit their interest and fit their shopping habits.The features range from recommending "Recently Viewed Items" for shoppers without eBay accounts, shar...

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    CRATE & BARREL ACQUIRES HOME DECOR BRAND HUDSON GRACE

    Jun 20, 2019

    Crate & Barrel on Tuesday announced the acquisition of Hudson Grace, a San Francisco-based brand selling home decor, entertaining and gift products, according to a company press release.The global home furnishing brand aims to use its digital presence to help grow Hudson Grace's e-commerce b...

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    FRED'S SALES FALL 5.2% AS MONEY PROBLEMS KEEP STOCK OFF SHELVES

    Jun 20, 2019

    Sales at drugstore retailer Fred's fell 5.2% year over year to $319 million in the first quarter, and comparable sales fell 8.5%, according to a press release.Even as the company cut costs, its operating loss widened by nearly 33% to $26.8 million, and net loss widened 54% to $33.9 million.Fred&...

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    FRED'S SALES FALL 5.2% AS MONEY PROBLEMS KEEP STOCK OFF SHELVES

    Jun 20, 2019

    Sales at drugstore retailer Fred's fell 5.2% year over year to $319 million in the first quarter, and comparable sales fell 8.5%, according to a press release.Even as the company cut costs, its operating loss widened by nearly 33% to $26.8 million, and net loss widened 54% to $33.9 million.Fred&...

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    APPLE EXPANDS GOLDMAN CREDIT CARD TEST TO THOUSANDS OF RETAIL WORKERS

    Jun 20, 2019

    Apple Inc. is ramping up a test of a digital-first credit card with Goldman Sachs Group Inc. by expanding its use to tens of thousands of the iPhone maker’s U.S. retail employees. The Cupertino, California-based company this week launched an internal beta program for the Apple Card with its re...

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    INDIA WILL NOT ALLOW MULTI-BRAND RETAIL BY FOREIGN FIRMS

    Jun 20, 2019

    The government will not allow foreign companies to operate in multi-brand segment and necessary action will be taken against people indulging in predatory pricing, Commerce and Industry Minister Piyush Goyal said on Wednesday. The minister said this in a meeting with representatives of associations ...

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    SML AND MICROSOFT SOLUTION BOOSTS RETAIL INVENTORY ACCURACY RATES

    Jun 20, 2019

    Full-service RFID solution provider SML said this week that its collaboration with Microsoft has resulted in higher inventory accuracy for its retail clients, which are experiencing higher sales as well as happy customers. SML had rolled out its “item level” RFID solution, “SML Cla...

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    FROM AVATAR TO OFFICE CHAIRS: THREEKIT BRINGS HOLLYWOOD EFFECTS TO RETAIL

    Jun 20, 2019

    It turns out the same tech that makes dragons come to life on Game of Thrones can help sell office furniture. Ben Houston spent nearly 20 years working on Hollywood movies and TV shows, where his special effects rendering software has been used in just about every recent blockbuster, such as Avenger...

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    IS EXPERIENTIAL RETAIL THE ANTIDOTE FOR OUTDOOR RETAILERS

    Jun 20, 2019

    Retail as a business is hard. Retail bankruptcies continue at a rapid rate, leaving some commentators to predict that the days of traditional retail are numbered. Despite predictions about the death of brick-and-mortar shops, recent trends are revealing what the future of retail might look like. Gen...

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    SHOPIFY LAUNCHES FULFILLMENT NETWORK

    Jun 20, 2019

    Shopify on Wednesday unveiled a series of new products aimed at its core small to medium business customers, including a fulfillment network. The new machine-learning tech "predicts the closest fulfillment centers and optimal inventory quantities per location to ensure fast, low-cost delivery,&...

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TRENDING NEWS


    GIA ORGANISES RETAIL SALES ASSOCIATE TRAINING PROGRAMME FOR MALABAR GOLD & DIAMONDS IN DUBAI

    Jul 22, 2019

    To help retail sales staff communicate effectively, GIA Dubai recently organised retail sales associate training programmes for Malabar Gold & Diamonds at their stores in Dubai, UAE. Since 2018, GIA Dubai has trained more than 200 staff of Malabar Gold & Diamonds in Dubai and Bahrain.The tra...

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    US RETAILERS QUICKEN EXIT FROM MALLS AS ONLINE SHOPPING BITES

    Jul 21, 2019

    Retailers vacated US shopping centres at the fastest pace in at least nine years in the second quarter as the relentless rise of online shopping and collapse of debt-laden chains begin to hit the commercial property market.More than 7,400 store closures have been announced this year, with Sears, Vic...

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    FOUNDER’S SHARES PURCHASE SENDS INDIA’S OYO’S VALUATION TO $10B

    Jul 21, 2019

    The 25-year-old founder completed the transaction via a Cayman Islands company called RA Hospitality Holdings, and was financed by institutional banks and finance partners. The move increased his 10 percent stake to 30 percent. SoftBank also increased its ownership from 45 percent to 48 percent.&ldq...

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    BACK TO SCHOOL RETAIL SALES EXPECTED TO RISE IN 2019

    Jul 19, 2019

    There’s a lot of good news this week for small business owners that’s looking in the rear view.But let’s look a little bit ahead and some big news this week for some retail small businesses.New data from the National Retail Federation suggests that Back to School shoppers plan to s...

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    AMAZON USES ACCELERATOR PROGRAM TO LURE EXCLUSIVE BRANDS

    Jul 18, 2019

    In a quest to expand brand partnerships, Amazon is offering independent merchants prominent placement on its platform as well as marketing support and product reviews.The cost for entry into the Amazon Accelerator Program is steep, however, as merchants can possibly lose their brands and business to...

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    DEAN & DELUCA CLOSES STORES DUE TO INCREASING COMPETITION

    Jul 18, 2019

    Gourmet grocer Dean & DeLuca continues to struggle due to increasing competition.After more than four decades in business, the grocer is dealing with bare shelves and lawsuits over unpaid bills. It has also closed a number of U.S. locations, with only four stores currently in operation in the Un...

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    TRU KIDS, B8TA TO OPEN 2 TOYS R US STORES IN TIME FOR THE HOLIDAYS

    Jul 18, 2019

    The owner of the Toys R Us brand has joined up with retail concept b8ta to open new stores in the U.S. under the toy retailer's banner, according to brand executives and information emailed to Retail Dive. On Thursday, Tru Kids Brands, which owns the intellectual property of the toy retailer tha...

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    NORDSTROM FACES BACKLASH OVER ANNIVERSARY SALE EARLY ACCESS

    Jul 18, 2019

    Tiered loyalty programs have emerged as a way to meaningfully reward customers. But there's confusion about Nordy Club's perks before the highly anticipated event officially begins.Nordstrom's popular Anniversary Sale begins Friday and runs through Aug. 4, but like last year, early acces...

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    CREATING A SECOND LIFE FOR A RETAIL CLASSIC

    Jul 17, 2019

    Heath Ceramics is not a newcomer to the world of retail. Founded by San Francisco artist Edith Heath in the 1940s, the company offers earthenware ceramics, uniquely textured designs and unusual color patterns, which have set the brand apart ever since its earliest days, when all the pieces were hand...

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    MANY RETAILERS AREN’T PREPARED FOR PSD2 BUT ARE CONSUMERS?

    Jul 17, 2019

    The second Payment Services Directive (PSD2) groundwork laid out in 2016 is about to come to fruition in a few months – Sept. 14, 2019, to be exact. The deadline is looming for merchants and payments providers to comply with new requirements for authenticating online payments in Europe.Firms m...

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    SMZDM’S SHARES SKYROCKET 44 PCT ON FIRST TRADING DAY

    Jul 16, 2019

    Joining a small portion of internet upstarts trading on mainland China’s public markets, SMZDM’s shares skyrocketed almost 44 percent on its first Shenzhen trading day. SMZDM, which stands for “what’s worth buying” in Chinese, is an online shopping guide that many peopl...

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    RETAIL PACKAGING RECYCLING INNOVATION GOES PRIME TIME

    Jul 16, 2019

    As Prime Day continues to roll along, retailers are doing anything and everything possible to capture consumers suddenly inspired to go on a midsummer shopping spree. But while most retail innovators are wondering how much they can sell this week, Seattle-based recycling startup Ridwell is taking a ...

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SPOTLIGHT

To succeed over the next decade, retail and consumer goods leaders will need to have a laser focus to which technologies increase the value add for consumers, weighing those benefits against their costs. These five technologies will be at full readiness by 2020, some by 2018.

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