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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...

    SMALLBIZTRENDS
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    /news-article.aspx?ID=21372137

    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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    /news-article.aspx?ID=21302130

    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...

    RETAILDIVE
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    /news-article.aspx?ID=21322132

    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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    /news-article.aspx?ID=21332133

    IKEA TO CLOSE ONLY US FACTORY, CUT 300 JOBS

    Jul 16, 2019

    Ikea announced it will discontinue production at its Danville, Virginia, plant in December 2019. The Ikea Industry production unit located in Danville is the only Ikea plant located in North America.The plant, which produces wood-based furniture for Ikea stores in the U.S. and Canada, opened in 2008...

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    /news-article.aspx?ID=21242124

    ONLY ONE-THIRD OF SHOPPERS HAVE SEEN TOP TECH FEATURES IN STORES

    Jul 16, 2019

    While three-fourths of customers are familiar with new retail technology features, only one-third are experiencing them in stores, according to a recent A.T Kearney report. The survey polled 1,000 people about emerging retail technology used in brick-and-mortar stores, focusing on augmented reality,...

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    /news-article.aspx?ID=21252125

    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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    /news-article.aspx?ID=21282128

    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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    /news-article.aspx?ID=21292129

    AMAZON PRIME DAY 2019 WILL PUSH US E-COMMERCE SALES TO OVER $2 BILLION

    Jul 16, 2019

    A report from Adobe’s analytics arm predicts Amazon’s Prime Day 2019 sales event, which began today, to have another sizable impact on the U.S. e-commerce market. The company expects a revenue lift for top retailers   those with over $1 billion in online sales   to re...

    TECHCRUNCH
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    /news-article.aspx?ID=21152115

    PRIME DAY EXPECTED TO LIFT US ECOMMERCE SPEND PAST $2B

    Jul 15, 2019

    Amazon’s impact from Prime Day this year will again lift the U.S. eCommerce market, according to a report by TechCrunch. Adobe Digital Insights (ADI) predicts that top retailers who have more than $1 billion in online sales will have a revenue lift of 79 percent, which is higher than the 60 pe...

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    /news-article.aspx?ID=21162116

    BARNEYS THE LATEST DINOSAUR OF RETAIL SECTOR TO EXPLORE BANKRUPTCY

    Jul 13, 2019

    The luxury department store Barneys New York is exploring a bankruptcy filing as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday. The nearly 100-year-old department store, known for its high-end designer collection, is working with law firm...

    THEGUARDIAN
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    /news-article.aspx?ID=21112111

    WALMART LOOKS FOR ECOMMERCE CHIEF REVENUE OFFICER

    Jul 12, 2019

    To help lay out its battle pay to take on Amazon, Target and other competitors, Walmart is on the hunt for a new chief revenue officer for its eCommerce business in the U.S. The executive would work under Marc Lore, who is the company’s online leader, Fortune reported.According to a memo that ...

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    /news-article.aspx?ID=21102110

    WORKERS AT CHILEAN WALMART RETAILERS STRIKE OVER WAGES

    Jul 11, 2019

    As many as 17,000 workers at Walmart's largest union in Chile walked off the job early Wednesday morning, demanding better salaries after negotiations over a new labor contract broke down earlier this week, the union's president said.The strike was expected to shut down more than one-quarter...

    ECONOMICTIMES
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    /news-article.aspx?ID=21052105

    4 RETAIL BRAND NAMES PLUNGING AMID BULL RALLY FACE MORE DECLINES

    Jul 11, 2019

    Four of the market's premier retail brick and mortar stocks - Macy's Inc. (M), Gap Inc. (GPS), Kohl's Corp. (KSS) and Nordstrom Inc. (JWN) - have seen their shares plunge this year, all making the list of the S&P 500’s five worst performing stocks year-to-date (YTD). Meanwhile,...

    INVESTOPEDIA
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    /news-article.aspx?ID=21062106

    IPHONE PRICES COULD DROP AS MORE MADE IN INDIA PHONES SAID TO HIT RETAIL

    Jul 11, 2019

    Apple Inc's top-end iPhones, assembled in India by Foxconn's local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech giant drop prices in the world's second-biggest smartphone market. Some approvals are pending, but the India-made iPhone XR and...

    GADGETS
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    /news-article.aspx?ID=21072107

    TECHNOLOGY HAS BECOME A MAJOR BOON FOR OFFLINE RETAILERS

    Jul 11, 2019

    The Indian retail market is estimated to reach trillions of dollars in the coming years, including both online and offline. However, while online shopping has seen a surge, the majority of India’s retail market still remains offline. In fact, 95% of the market is offline, according to Anshoo S...

    LIVEMINT
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    ONLINE RETAIL SALES TO OVERTAKE HIGH STEET ‘WITHIN A DECADE’

    Jul 10, 2019

    Online shopping currently accounts of 19 per cent of all sales but as the UK adult population evolves over the next decade the shopping habits of younger groups will become more dominant.The research showed that 62 per cent of 16-24 year olds (Gen Z) shop online at least every fortnight, compared wi...

    NETIMPERATIVE
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    /news-article.aspx?ID=21022102

    LEVI'S SALES UP 5% AS DTC BUSINESS POSTS DOUBLE-DIGIT GROWTH

    Jul 10, 2019

    Levi's net sales increased 5% year over year to $1.3 billion in its second fiscal quarter (which ended May 26), the company reported Tuesday. The denim brand reported that revenue was up in all major regions it sells in, with 3% growth in the Americas (where it made $693 million in revenue), 9% ...

    RETAILDIVE
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    ETSY PUSHES MERCHANTS TO ADOPT FREE SHIPPING

    Jul 09, 2019

    Online marketplace Etsy announced on Tuesday it is providing sellers with tools and support to encourage them to offer free shipping on all orders of $35 or more, according to a company press release.In an effort to further incentivize sellers, beginning on July 30, Etsy will give priority placement...

    RETAILDIVE
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    /news-article.aspx?ID=20902090

    FAST RETAIL: OPPORTUNITIES FOR DIGITALLY NATIVE BRANDS

    Jul 09, 2019

    In this report, we profile the prevailing major “fast retail” formats in the US, ranging from pop-ups to marketplaces. We also examine the reasons these flexible formats are gaining popularity. “Fast retail” is Coresight Research’s term for a new approach to retail feat...

    CORESIGHT RESEARCH
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    /news-article.aspx?ID=20912091

    RETAIL TO BENEFIT FROM EASING SOURCING NORMS

    Jul 08, 2019

    Finance minister Nirmala Sitharaman presented her maiden Budget laying down a roadmap for a New India taking forward the vision for the decade with a goal to turn India into a $5 trillion economy in the next few years. The Budget was more focused on investment-led growth and reforms, boosting the co...

    DNAINDIA
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    BIG RETAILERS GET ON BOARD WITH INTERACTIVE CATALOGUES

    Jul 08, 2019

    Large retailers are beginning to look to social media to modernise their traditionally print-focused catalogues, in response to shifting consumer behaviours. Discount department store Big W has partnered with Snapchat to modernise its latest toy catalogue adding an AR component to an otherwise old-s...

    INSIDERETAIL
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    /news-article.aspx?ID=20812081

    ANALYSTS PEG SHOPIFY AS GROWING AMAZON THREAT

    Jul 08, 2019

    A KeyBanc analyst says Shopify could eventually rival Amazon in gross merchandise volume, according to a report by Bloomberg. Josh Beck wrote in a note to investors that the online marketplace has received “overwhelmingly positive” feedback from developers, partners and merchants at thre...

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    /news-article.aspx?ID=20842084

    WEBSITE REDESIGN COMPANY, HUEMOR, EXPLAINS WHY USING WORDPRESS CAN HELP YOUR ECOMMERCE BUSINESS

    Jul 08, 2019

    Online shopping has transformed into its own economy, with brick-and-mortar businesses expanding their online presence and online only businesses gaining significant office presence in specialty retail stores. The WordPress plugin WooCommerce is a powerful ecommerce platform, equipped with all the f...

    ENTERPRISETALK
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    /news-article.aspx?ID=20852085

    MAGECART BLITZ STUNS 962 E-COMMERCE SITES IN 24 HOURS

    Jul 08, 2019

    Security researchers have discovered another major digital skimming campaign, this time compromising over 960 e-commerce sites in just a day.Sanguine Security, which produces a malware scanning tool for popular e-commerce software platform Magento, revealed the findings in a tweet on Friday.It descr...

    INFOSECURITY
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    /news-article.aspx?ID=20862086

    KUWAIT’S RETAIL SECTOR POISED FOR SOLID GROWTH

    Jul 07, 2019

    CBRE research indicates that in the second quarter, there is 702,000 sq m of shopping mall GLA in the Kuwait real estate market. Kuwait’s retail sector is witnessing major development activity with 167,000 sq m of gross leasable area (GLA) set to be handed over between 2020 and 2021, according...

    ZAWYA
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    ADDRESSING ONLINE RETAIL AND SHOPPING CHALLENGES THROUGH INNOVATION

    Jul 04, 2019

    Today, the sector accounts for 25 percent of the organized retail market in entirety and is anticipated to reach 37 percent by 2030. The success stories of e-commerce businesses in India have notably drawn attention in the last couple of years. E-commerce giants like Amazon, Flipkart, Snapdeal and M...

    ASIANAGE
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    E-COMMERCE SALES FROM INDIA GREW 4% IN Q1 2019: REPORT

    Jul 04, 2019

    July 4 Merchants from India saw an increase of four per cent in e-commerce sale on international marketplaces in the first quarter of this year compared to the previous quarter, says a new report.Sales from India were up 121 per cent on year-on-year basis, according to the Global Seller Index report...

    OUTLOOKINDIA
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    /news-article.aspx?ID=20732073

    WELDEN TEACHES GLOBAL EXECS ABOUT ‘NEW RETAIL’

    Jul 03, 2019

    What can executives at some of the world’s most important consumer-packaged-goods companies learn from a four-year-old handbag brand Welden?Quite a lot, in fact. Especially when it comes to New Retail, which merges online and offline commerce and leverages new technologies to help brands bette...

    ALIZILA
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    /news-article.aspx?ID=20762076

    RECODE: WALMART FACES $1B E-COMMERCE LOSS, MAY SELL MODCLOTH

    Jul 03, 2019

    Walmart's e-commerce unit is projected to lose $1 billion this year on as much as $22 billion in revenue as the retail giant races to catch up with Amazon online, according to a report released Friday by Recode that cited anonymous sources.As pressure mounts on the division and its head, Marc Lo...

    RETAILDIVE
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    RETAIL GROUP URGES ANTITRUST SCRUTINY OF AMAZON, GOOGLE

    Jul 03, 2019

    A leading retail trade group that represents Walmart and Target is pushing federal antitrust regulators to take a hard look at digital behemoths, including Amazon and Google, and the power they wield over online retail.The Retail Industry Leaders Association (RILA) filed a letter with the Federal Tr...

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    UBS: NORDSTROM IS A 'NO-GROWTH RETAILER'

    Jul 03, 2019

    Nordstrom and even its Rack off-price unit are losing customers and sales to lower-price rivals, according to new research from UBS analysts led by Jay Sole. The team has downgraded the department store to a "no-growth retailer," according to their report, which was emailed to Retail Dive....

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    /news-article.aspx?ID=20692069

    5 TRENDS SHAPING THE GROCERY STORE OF THE FUTURE

    Jul 03, 2019

    Grocery shopping is evolving at a rapid clip. It’s a shopper’s market, and consumers are demanding new, innovative experiences from check-out free shopping to home delivery, curbside pickup and meal kits. Some argue that online grocery is over-hyped, given that many consumers want to tou...

    GROCERYDIVE
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    THE RETAIL COMPLEXITIES OF 'MADE IN AMERICA'

    Jul 02, 2019

    The first thing you will reflexively do when you open the door of Katie Stack's shop, Stitch & Rivet, is inhale. The smell of leather will undoubtedly trigger a long forgotten memory. Of curling up in your Dad's favorite chair. Of hugging someone who always wore a bomber jacket in winter...

    RETAILDIVE
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    /news-article.aspx?ID=20622062

    WALMART LEADS NRF'S TOP 100 RETAILERS

    Jul 02, 2019

    Walmart tops the National Retail Federation's measure of the top 100 retailers, in a list that the organization itself said reflects "stability."While Amazon comes in at number two, its $120.9 billion in retail sales last year pale in comparison to Walmart's $387.6 billion, accordi...

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    /news-article.aspx?ID=20632063

    TECH HAS MADE SHOPPING EASIER, BUT CONSUMERS STILL FACE BASIC HURDLES

    Jul 02, 2019

    An estimated 80% of retail and CPG executives who responded to the National Retail Federation survey said they will use intelligent automation in areas from supply chain and production design to customer acquisition and retention, a 2019 NRF report indicated. The report found that shoppers are pleas...

    RETAILDIVE
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    /news-article.aspx?ID=20642064

    THE WEALTH GAP IS A RETAIL PROBLEM

    Jul 01, 2019

    This month marks 10 years of an economic expansion in the U.S. that has been seen mostly on Wall Street, less so on Main Street. It's either tied for or is the longest recovery ever, depending on which economist you speak to, although it may have reached its limit. Some economists say a recessio...

    RETAILDIVE
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    /news-article.aspx?ID=20582058

    PETSMART UPGRADED THANKS IN PART TO CHEWY IPO

    Jul 01, 2019

    S&P Global has upgraded PetSmart Inc.'s credit rating to "B-" from "CCC," according to a note emailed to Retail Dive.The upgraded rating is due in part to the proceeds from Chewy's initial public offering, which resulted in the retailer being able to repay about 15% o...

    RETAILDIVE
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    /news-article.aspx?ID=20592059

    RETAIL APOCALYPSE CONTINUES: THOUSANDS OF RETAIL STORES WILL CLOSE THIS YEAR

    Jul 01, 2019

    In fact, if you think even more stores are closing this year than last year, you would be right. There have been more announced store closings in the first half of the year than closings in all of 2018, according to Coresight Research which tracks news about store closures, openings and bankruptcies...

    PENNLIVE
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    /news-article.aspx?ID=20602060

    CONSUMER SENTIMENT FELL IN JUNE AMID TARIFF THREATS

    Jul 01, 2019

    After two months of ticking up, consumer confidence dropped to its lowest level since September 2017, according to a report by The Conference Board.The group's Consumer Confidence Index dropped nearly 10 points in June to 121.5. Another index based on consumers' outlook for income, business ...

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    /news-article.aspx?ID=20612061

    LOWE'S ANNOUNCES NEW CHARLOTTE TECH CENTER, UP TO 2K HIRES

    Jun 28, 2019

    Lowe's is investing $500 million annually between now and 2021 to transform the technological makeup of its business. The home-improvement retailer announced in a company blog post that it plans to hire up to 2,000 tech associates in its new 357,000-square-foot global technology center.The new t...

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    /news-article.aspx?ID=20552055

    RENT THE RUNWAY AND NORDSTROM TEAM UP

    Jun 28, 2019

    Nordstrom and Rent the Runway teamed up for order pickup and return, and other services in four Los Angeles Nordstrom locations, the companies told Retail Dive in emails.The partnership launched Thursday with drop-off stations in all three Nordstrom Locals and the flagship at The Grove, the companie...

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    /news-article.aspx?ID=20562056

    CHINA FOOTWEAR RETAIL UNIT FILES FOR HONG KONG IPO TO RAISE $1 BILLION

    Jun 28, 2019

    Chinese footwear retailer Belle International filed plans on Thursday to spin off its sportswear business via a Hong Kong initial public offering, a deal which two sources with knowledge of the matter said could raise $1 billion. The company aims to list the unit Topsports International Holdings Ltd...

    FIRSTPOST
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    RETAIL DELIVERY WARS: SMART STRATEGY OR AN INEVITABLE RACE TO THE BOTTOM?

    Jun 27, 2019

    It wasn't so long ago that Amazon's "Prime" two-day delivery benefit was a real game changer. Once a consumer paid the annual fee, the incremental cost of getting what (at the time) seemed like pretty fast delivery became zero. This is a "wow" for the customer, but it als...

    FORBES
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    /news-article.aspx?ID=20512051

    ALIBABA LAUNCHES ENGLISH-LANGUAGE SITE TO LURE BRANDS

    Jun 27, 2019

    With the launch of a new English-language portal, Alibaba aims to bring more global businesses into the Chinese market. Alibaba's Tmall Global (TMG), which already has 20,000 international brands in over 4,000 categories from 77 countries and regions, is also introducing versions of the portal i...

    RETAILDIVE
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    /news-article.aspx?ID=20492049

    WHO BENEFITS FROM AN APPLE, BEST BUY PARTNERSHIP?

    Jun 26, 2019

    In a bid to make its services more widely accessible, Apple announced last week that Best Buy is now an authorized repair partner.In addition to the retailer's roughly 1,000 stores providing repair services, the company announced that nearly 7,600 of Best Buy's "Geek Squad" members...

    RETAILDIVE
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    /news-article.aspx?ID=20442044

    BETTING ON A PRIME DAY OUTAGE, EBAY ANNOUNCES 'CRASH SALE'

    Jun 26, 2019

    EBay on Wednesday announced a "Crash Sale" on July 15 that includes brand deals and free shipping, according to a press release emailed to Retail Dive. If Amazon's website crashes on Prime Day which on Tuesday was announced would begin on July 15 eBay stated it will introduce more deal...

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    /news-article.aspx?ID=20452045

    THE CONNECTED STORE BRINGS NEW ASSETS AND OPPORTUNITIES

    Jun 25, 2019

    Imagine staffing just the right number of associates in the right sections of your store at any given time, based on immediate need. Imagine automatically detecting heavy demand at the registers so more can be opened upon alert. Imagine moving products according to the by-minute traffic flow of shop...

    RETAILDIVE
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    /news-article.aspx?ID=20542054

    CHICO'S PRIVATE EQUITY SUITOR JUST WON'T QUIT

    Jun 25, 2019

    Chico’s on Monday wriggled out of the latest challenge from private equity firm Sycamore by opting out of a Florida business statute, according to a Chico’s press release. The move was in response to Sycamore’s latest salvo, coming after three takeover bids that came in quick succe...

    RETAILDIVE
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    LOUIS VUITTON, BULGARI LEAD LUXURY PUSH ON CHINA'S WECHAT

    Jun 25, 2019

    Louis Vuitton and Bulgari are the top-ranked brands among luxury marketers that have expanded on WeChat, the Chinese messaging app that has more than 1 billion users and supports a range of mobile marketing activities. Cartier, Coach, Tiffany, Burberry and diamond seller Chow Tai Fook also ranked hi...

    RETAILDIVE
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    /news-article.aspx?ID=20392039

    7-ELEVEN ADDS LOCATION-BASED DELIVERY OPTION

    Jun 24, 2019

    7-Eleven has added a feature to its 7NOW delivery app that will enable customers to receive delivery at thousands of predetermined locations, including parks, beaches, sports fields, entertainment venues and other public spaces, according to a press release.Customers can choose from beverages, fresh...

    RESTAURANTDIVE
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    RETAILERS SHOW THE PATH FORWARD ON AI INNOVATION

    Jun 24, 2019

    Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report, the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores. &l...

    PYMNTS
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    JETBLUE SUING WALMART FOR TRADEMARK INFRINGEMENT OVER JETBLACK NAME

    Jun 24, 2019

    JetBlue Airways Corp. is suing Walmart for trademark infringement in a bid to block the company from using the name “Jetblack” for a new shopping service.The Long Island-headquartered airline sued Walmart in a Manhattan federal court on Friday. JetBlue is accusing Walmart of attempting t...

    AMPPOB
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    SAMSUNG INTRODUCES THREE NEW SMART HOME ITEMS

    Jun 24, 2019

    Samsung has introduced three new smart home items that are low-cost entrants into the space, according to a report.The telecommunications and technology company, which acquired SmartThings in 2014, has released a SmartThings Cam and WiFi Smart Plug, which don’t require a separate smart home hu...

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    /news-article.aspx?ID=20282028

    TECH CO TRAX BUYS SHOPPING REWARDS APP SHOPKICK

    Jun 24, 2019

    Trax, a global technology company based in Singapore, has acquired U.S.-based Shopkick, a rewards app that tracks customer behavior, according to a report by Bloomberg.The move adds to Trax’s stable of retail tech. Shopkick users can earn rewards and gift cards by watching videos, browsing off...

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    /news-article.aspx?ID=20292029

    DELIVERING REGIONAL FLAVOR WITH STATE-SPECIFIC SUBSCRIPTIONS

    Jun 24, 2019

    To offer shoppers a curated selection of local products ranging from décor to local flavors, eCommerce innovators are assembling subscription boxes around different U.S. states. California Found, for instance, is essentially a boutique gift box of artisanal goods from the Golden State. In lie...

    PYMNTS
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    /news-article.aspx?ID=20462046

    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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    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 ...

    THE HANS INDIA
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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...

    RETAIL DIVE
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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,&...

    RETAIL DIVE
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    /news-article.aspx?ID=20112011

    WHEN ARE THE CANADIAN RETAIL SALES AND HOW COULD THEY AFFECT USD/CAD

    Jun 20, 2019

    Statistics Canada will publish the monthly retail sales report for the month of April later this Friday at 12:30 GMT. Consensus estimates point to a sharp deceleration in the headline sales, which is anticipated to show a 0.2% increase as compared to the previous month's solid rise of 1.1%. Mean...

    FXSTREET
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    OUTSOURCING HITS WALMART, RETAILER TO LAYOFF NEARLY 600 HEADQUARTERS STAFF

    Jun 19, 2019

    Walmart is laying off nearly 600 workers at its corporate headquarters in Charlotte, N.C. The retailer plans to begin outsourcing finance and accounting work to New York-based financial services firm Genpact. The layoffs will begin in September and continue into early 2020, Walmart said in a Worker ...

    RISNEWS
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    /news-article.aspx?ID=20412041

    RETAILERS CAN SECURE UP TO €25,000 IN FUNDING TO BOOST ONLINE PRESENCE

    Jun 19, 2019

    A €1.25m fund to encourage Irish retailers to improve their online offering has opened a second call for applications. Today (19 June) the second call opens for applications to the Online Retail Scheme administered by 0Enterprise Ireland. This €1.25m fund is available for retailers with an...

    SILICON REPUBLIC
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    UK: RETAIL SALES DECLINED 0.5% IN MAY

    Jun 19, 2019

    TD Securities analysts note that the UK retail sales declined 0.5% m/m in May as expected, with some small revisions to the prior month. “Most components showed declines, with a sharp give-back in clothing & footwear the standout. May marks the second consecutive decline in retail sales, b...

    FXSTREET
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    RETAIL AND TELECOMS: THE NEW INDUSTRIES DRIVING A RECORD BOOM IN GREEN BONDS

    Jun 19, 2019

    Tough climate and energy targets have driven a record boom in sustainable bonds over the first half of this year as new industries tap the market for funds. The latest firm to seek finance for climate-friendly projects is the Dutch grocer behind America’s Food Lion, Giant Food, Hannaford, and ...

    MARKETWATCH
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    /news-article.aspx?ID=20012001

    FRENCH UTILITY EDF LAUNCHES NEW RETAIL OFFER TO FEND OFF RIVALS

    Jun 19, 2019

    State-controlled utility EDF plans to sign up one million clients to its market-based retail offer in the French electricity market as it steps up the fight back against rivals such as Total, Engie and Eni. EDF on Tuesday launched a new retail offer which it said would enable clients pay up to 30% p...

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    /news-article.aspx?ID=20022002

    TARGET REGISTERS GO DOWN DUE TO 'INTERNAL TECHNOLOGY ISSUE'

    Jun 18, 2019

    In a statement, a Target spokesperson confirmed to Retail Dive that the company did experience technical problems on both Saturday and Sunday, although the issues were unrelated. "Like many other companies, Target uses NCR as a vendor to help accept payments, and Sunday afternoon NCR experience...

    RETAILDIVE
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    /news-article.aspx?ID=20202020

    MOODY'S SAYS DEPARTMENT STORE CLOSURES TO SLOW SIGNIFICANTLY

    Jun 18, 2019

    Department stores had a weak first quarter, "thanks largely to a slowdown during the all-important holiday season," according to a Moody's report emailed to Retail Dive. The generally poor performance in the sector led the service to lower its forecast for operating income. Moody's...

    RETAILDIVE
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    /news-article.aspx?ID=20212021

    V-MART RETAIL SEES SIGNIFICANT IMPACT OF CHANGE IN ACCOUNTING STANDARDS ON LEASE

    Jun 18, 2019

    V-Mart Retail will have a significant impact of new accounting standard on the lease as all 226 stores that the retailer operates as on date are on a lease model, said CFO Anand Agarwal. Indian Accounting Standards (Ind AS) became effective in April. Talking about the duration of lease properties, h...

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    ROCK BOTTOM: TRACING THE DECLINE OF DIAMOND RETAIL

    Jun 18, 2019

    In 1948, De Beers launched its now-famous slogan, "A Diamond Is Forever." But for many diamond retailers, forever is coming to an end. In 2018, the Jewelers Board of Trade (JBT) reported that 852 U.S. jewelry retailers closed up shop, on top of the 817 retailers that shut down in 2017. Eve...

    RETAIL DIVE
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    /news-article.aspx?ID=20002000

    TECHNOLOGICAL DEVELOPMENTS ARE MAKING RETAIL CASHIERS OBSOLETE

    Jun 17, 2019

    In recent years, the retail industry has seen a dramatic decrease in the number of cashiers present in stores, with self-service checkouts filling their positions instead. Many of us bemoan the automated machines; the thought of locating oft-hidden barcodes, scanning at exactly the right angle and p...

    THE NEW ECONOMY
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    /news-article.aspx?ID=19901990

    WHY THE AIRBUS A350 WAS THE MAKE IT OR BREAK IT AIRCRAFT FOR AIRBUS

    Jun 17, 2019

    Exactly 6 years ago, on June 14th, 2013, the Airbus A350 made its first flight. On that day, everyone at Airbus was generally anxious – the Airbus A350 will either lift the company up or, if unsuccessful, would spiral Airbus into a slow failure. At the beginning of the day, the workers at Toul...

    AVIATIONCV.COM
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    MAY RETAIL SALES REBOUND

    Jun 17, 2019

    Core retail sales in May rose 0.5% from April, and 3.2% year over year, the U.S. Commerce Department said on Friday. Nonstore (mostly e-commerce) sales rose 1.4% month over month and 11.4% year over year, according to the monthly report. April's number was upwardly revised to a 0.3% increase fro...

    RETAIL DIVE
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    /news-article.aspx?ID=19941994

    SPRING WAS COLD TO SPECIALTY RETAIL

    Jun 17, 2019

    Unseasonably cold weather, fashion missteps and increased shipping costs are among the factors bedeviling specialty retailers and taking some steam out of their spring quarters. Many are operating too many stores, and closures took a bite out of their comps, even as e-commerce sales are rising for m...

    RETAIL DIVE
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    DOLLAR CATCHES A BID AFTER DECENT U.S. RETAIL SALES DATA

    Jun 15, 2019

    Despite trading sideways in Asia and European morning on Friday, the greenback climbed shortly after New York open as traders bought the dollar broadly after release of in-line U.S. retail sales together with upward revisions to previous readings.  U.S. retail sales rose 0.5% in May; April read...

    FXSTREET
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    /news-article.aspx?ID=19891989

    RETAIL THERAPY: THE GIFTS ALL DADS WILL WANT TO UNWRAP THIS FATHER'S DAY

    Jun 14, 2019

    It's been another weird week in retail. Dollar Shave Club praised the "dad bod" in its latest ad spot, Miller Lite gamified drinking beer and the sneakers dads everywhere sport to neighborhood BBQs just got an upgrade. Father's Day is just around the corner and retailers aren't...

    RETAIL DIVE
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    /news-article.aspx?ID=19881988

    LULULEMON STRETCHES AGAIN IN Q1 AS SALES RISE 20%

    Jun 13, 2019

    Lululemon Athletica on Wednesday reported that first quarter net revenue rose 20% year over year to $782.3 million. E-commerce net revenue rose 33%, and was 26.8% of total net revenue, up from 24.3% in the year-ago period, according to a company press release.Total comparable sales rose 14%, with st...

    RETAILDIVE
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    /news-article.aspx?ID=19841984

    1 IN 5 CONSUMERS HAVE SHOPPED BY VOICE

    Jun 13, 2019

    Only about one out of five consumers have shopped using a voice assistant like Amazon Alexa or Apple's Siri, suggesting that voice commerce is still in its early stages of adoption, per a study that digital commerce firm Sumo Heavy shared with sister publication Mobile Marketer. Less than half (...

    RETAILDIVE
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    /news-article.aspx?ID=19851985

    WHAT SECURITY TECHNOLOGIES ARE IMPACTING THE RETAIL MARKET?

    Jun 12, 2019

    With the advent of online shopping, brick-and-mortar retail businesses are challenged to make transactions more convenient while enhancing the “experience” aspects that differentiate real-life shopping from the simpler route of clicking on a website. Technology is helping retailers creat...

    SECURITYINFORMED
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    JETBLACK CUSTOMERS SPEND $1,500 PER MONTH

    Jun 12, 2019

    More than two-thirds of Jetblack members engage with the brand weekly, spending an average of $1,500 per month, President and CEO of Walmart eCommerce U.S. Marc Lore said at the company's 2019 associates and shareholders meeting. Lore also briefly described the Intelligent Retail Lab that lives ...

    RETAILDIVE
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    /news-article.aspx?ID=19761976

    DHL REPORT REVEALS HOW ECOMMERCE IS SHAPING TRANSPORT STRATEGIES

    Jun 12, 2019

    A recent survey commissioned by DHL has revealed that companies are facing a fast changing market environment, be it in terms of geopolitical changes or technological transformation.But in terms of their ground transportation operations, by far the biggest issue on companies’ minds is ecommerc...

    ESELLERCAFE
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    /news-article.aspx?ID=19771977

    CUSTOMER CENTRIC ECOMMERCE DELIVERY VITAL SAYS CONSIGNOR

    Jun 12, 2019

    Ecommerce delivery was largely driven by couriers from the pre-internet age accustomed to working business hours delivering to businesses who also had regular opening times. I recall a time when some couriers point blank refused to delivery to domestic addresses whilst other charged a premium as the...

    TAMEBAY
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    /news-article.aspx?ID=19781978

    GUESST OPENS UP AVENUE FOR DTC BRANDS TO HAVE A PHYSICAL RETAIL PRESENCE

    Jun 11, 2019

    In the current retail climate, entering the market and successfully selling a product is a complicated affair that is plagued by a host of barriers to entry. Even for established brands, the challenges can be daunting, especially for direct-to-consumer brands looking to open a physical store. For DT...

    WWD
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    /news-article.aspx?ID=19601960

    AS WALMART AND AMAZON WAR ESCALATES, SMALLER RETAILERS CAUGHT IN THE CROSSFIRE

    Jun 11, 2019

    The battle of the retail giants has only intensified this year. A new report from Moody's analysts led by Charlie O'Shea looks at the fallout and possible outcomes as Amazon and Walmart throw competitive jabs and make forays onto turf long dominated by the other. The analysts noted a "d...

    RETAILDIVE
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    /news-article.aspx?ID=19661966

    AFTERPAY BRINGS PAYMENT INSTALLMENTS TO LEVI'S, RAY-BAN

    Jun 11, 2019

    Last week, Afterpay, a digital payment platform which offers interest-free payment plans for online and in-store purchases, announced its partnership with several U.S. retailers, including Levi's, Ray-Ban, O'Neill and Tarte Cosmetics, among others, according to a company statement. These bra...

    RETAILDIVE
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    /news-article.aspx?ID=19671967

    AFTERPAY BRINGS PAYMENT INSTALLMENTS TO LEVI'S, RAY-BAN

    Jun 11, 2019

    Last week, Afterpay, a digital payment platform which offers interest-free payment plans for online and in-store purchases, announced its partnership with several U.S. retailers, including Levi's, Ray-Ban, O'Neill and Tarte Cosmetics, among others, according to a company statement.These bran...

    RETAILDIVE
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    /news-article.aspx?ID=19681968

    LOSS DEEPENS AT NEIMAN MARCUS AMID FASHION MISSTEPS

    Jun 11, 2019

    Menswear brand Indian Terrain reportedly plans to expand its retail outlets from 150 to 300 across the country as it is aiming to double its revenue to Rs 650 crore in the next three years. “The company will be expanding its retail footprint to 300 outlets from the current 150 outlets. The bul...

    RETAILDIVE
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    /news-article.aspx?ID=19691969

    INDIAN TERRAIN TO EXPAND RETAIL NETWORK TO 300 OUTLETS

    Jun 11, 2019

    Menswear brand Indian Terrain reportedly plans to expand its retail outlets from 150 to 300 across the country as it is aiming to double its revenue to Rs 650 crore in the next three years.“The company will be expanding its retail footprint to 300 outlets from the current 150 outlets. The bulk...

    RETAIL4GROWTH
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    /news-article.aspx?ID=19701970

    RETAILING AT THE END OF THE WORLD: HOW LARGE CHAINS LIQUIDATE

    Jun 10, 2019

    When Payless Shoesource exited Chapter 11 in August 2017, it had shed $435 million in debt and hundreds of stores. With a rightsized footprint and balance sheet, executives told Retail Dive at the time the footwear retailer was working to build out omnichannel capabilities such as ship-to-home and p...

    RETAILDIVE
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    /news-article.aspx?ID=19541954

    MOUNTAIN HARDWEAR LAUNCHES AR APP TO BRING OUTDOOR GEAR TO LIFE

    Jun 10, 2019

    Mountain Hardwear has launched an augmented reality shopping app to assist customers choosing outdoor gear. "This technology enables a more informed gear-shopping experience in a fraction of the time," Jeff Brandon, associate director of brand deployment, said in a company release. The app...

    RETAILDIVE
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    /news-article.aspx?ID=19591959

    WALMART’S JETBLACK SEES TWO-THIRDS OF SHOPPERS ENGAGE WEEKLY

    Jun 10, 2019

    Following the rollout of Walmart’s Jetblack personal shopping service last year, two-thirds of customers reportedly engage with the service weekly. They are also said to spend an average of $1,500 monthly on purchases through Jetblack, according to reports. The service comes at a $50 monthly c...

    PYMNTS
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    /news-article.aspx?ID=19611961

    FEDS CHARGE WAUSAU MAN WITH HACKING KOHL’S ACCOUNTS TO SELL KOHL’S CASH ONLINE

    Jun 08, 2019

    When several Kohl’s customers boasted on social media they were able to take home expensive merchandise for no cost at all, they praised the Twitter user who helped make it possible: @OfficialJigLord. The person operating the account, which proudly promotes its ability to “specialize in ...

    WAOW
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    /news-article.aspx?ID=19501950

    IMPROVING CUSTOMER COMMUNICATIONS WITH INTELLIGENT CONTENT MANAGEMENT

    Jun 08, 2019

    Banking today continues to undergo far-reaching changes due to the adoption of digital technologies, particularly when it comes to customer communications. Surveys show that for most customers, digital devices such as mobile phones, tablets and laptops have become the primary means of communicating ...

    GLOBALBANKINGANDFINANCE
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    /news-article.aspx?ID=19511951

    RETAIL E-PAYMENT TRANSACTIONS JUMP 95% IN FY19: RBI REPORT

    Jun 08, 2019

    Volume of retail electronic payment transactions in the country in 2018-19 saw an accelerated growth rate of 95 per cent, a Reserve Bank of India (RBI) report said.RBI’s “Benchmarking India’s Payment Systems” report stated that earlier, the growth rates were 71 per cent in 20...

    NEWSTODAYNET
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    /news-article.aspx?ID=19521952

    AMAZON'S NEW 'STYLESNAP' FEATURE COULD BE A GAME CHANGER IF IT WORKS

    Jun 06, 2019

    At its re: MARS 2019 conference on Wednesday, Amazon unveiled an AI-enabled app feature dubbed StyleSnap that allows users to upload a photo or screenshot of a desired fashion look and get similar product recommendations from Amazon's apparel assortment.The feature "uses computer vision and...

    RETAILDIVE
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    /news-article.aspx?ID=19441944

    AMERICAN EAGLE Q1 REVENUES BREAK RECORD

    Jun 05, 2019

    American Eagle Outfitters on Wednesday reported that first quarter total net revenue rose 8%, or $63 million, to a record $886 million from $823 million last year, as store comps rose 6%.By brand in the quarter: Flagship American Eagle's comparable sales rose 4%, following a 4% increase in the y...

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    /news-article.aspx?ID=19461946

    WILLIAMS-SONOMA WILL HALVE CHINA SOURCING IN THE NEXT YEAR

    Jun 05, 2019

    Williams-Sonoma will halve the amount of goods it sources from China by 2020, in addition to the mitigation work the retailer has been engaged in since last year, CFO Julie Whalen said on a recent earnings call.Efforts to mitigate the proposed list four tariffs are underway as well, including pullin...

    RETAILDIVE
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    /news-article.aspx?ID=19391939

    GAMESTOP'S TURNAROUND PRESSURES MOUNT AS SALES DROP 13%

    Jun 05, 2019

    GameStop on Monday reported total sales fell 13.3% year-over-year to $1.5 billion as consolidated comparable sales fell 10.3%. Driving the sales declines were drop-offs in most of the gaming retailer's key categories. New hardware sales were down 35%, pre-owned sales were down 20.3%, new softwar...

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    /news-article.aspx?ID=19401940

    FOREVER 21 REPORTEDLY MULLS FINANCIAL OPTIONS

    Jun 04, 2019

    Forever 21 is mulling its financial options amid a sales slump, including bankruptcy, and has reached out to private equity firm Apollo Global Management regarding a debtor-in-possession loan, Bloomberg reported on Monday.Forever 21 didn’t return Retail Dive’s request for comment. The co...

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    /news-article.aspx?ID=19411941

    THE REALREAL RELOCATING TO EXPOSITION PLACE DISTRICT

    Jun 03, 2019

    The RealReal will be relocating from Century City to Exposition Place 3317-3325 in the Exposition Place District of Los Angeles, according to a release from Newmark Knight Frank, which represented both parties in the transaction that closed last week. The luxury online consignment company will be pu...

    COMMERCIALOBSERVER
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    /news-article.aspx?ID=19351935

    DELIV NAMES RETAIL EXPERT AND TECH INVESTOR JAMES MCCANN TO BOARD OF DIRECTORS

    Jun 03, 2019

    Deliv, a leader in same day delivery that powers many of the nation’s top retailers and businesses across 35 markets and 1,400 cities, today announced that international retail and grocery expert, author and tech investor James McCann has joined its board of directors. With a unique background...

    FLTIMES
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    /news-article.aspx?ID=19361936

    IT'S OFFICIAL, ULTA BEAUTY IS COMING TO CANADA

    Jun 03, 2019

    Beauty brand fanatics rejoice because Ulta Beauty is finally coming to Canada! After many years of anticipation, one of America's biggest beauty, cosmetics, and skincare retailers is making its first international expansion, according to Yahoo Finance. The announcement comes after Ulta Beauty po...

    MTLBLOG
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    /news-article.aspx?ID=19371937

    EXPECTATIONS FOR NORDSTROM TURN NEGATIVE

    May 31, 2019

    S&P Global this week lowered its outlook for Nordstrom to negative as analysts with the ratings agency expect continued pressure on the department store chain's operating results.S&P maintained Nordstrom's BBB+ credit rating, but analysts said in an emailed press release the change i...

    RETAILDIVE
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    /news-article.aspx?ID=19281928

    ULTA GOES INTERNATIONAL WITH PLANS FOR CANADA

    May 31, 2019

    Ulta Beauty posted yet another strong quarter, as net sales increased 12.9% to $1.74 billion, up from $1.54 billion the year prior and barely missing estimates for $1.75 billion. Comparable sales increased 7%, driven by transaction and average ticket growth, according to a company press release. Tha...

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    /news-article.aspx?ID=19301930

    IKEA TESTING NEW APP WITH SHOPPABLE FEED, AR

    May 30, 2019

    Ikea on Tuesday announced it is in the "initial phases of testing" a new Ikea app with shopping capabilities, a company spokesperson told Retail Dive in an email. The spokesperson said the app will first launch in France and the Netherlands with plans to expand to other top markets by the ...

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    /news-article.aspx?ID=19201920

    J. CREW TO SHUTTER 20 FLAGSHIP, OUTLET STORES

    May 30, 2019

    J. Crew Group on Wednesday reported that total first quarter revenue rose 7% to $578.5 million. The company's Madewell sales rose 15% to $132.9 million, while flagship J. Crew sales fell 4% to $376.1 million, according to a company press release.The disparity in the banners' performance cont...

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    /news-article.aspx?ID=19221922

    SEPHORA CLOSING STORES FOR DIVERSITY TRAINING

    May 29, 2019

    Beauty retailer Sephora will close its stores the morning of June 5 to train its 16,000 employees about inclusion and brand values and later this year plans to launch a marketing campaign focused on "belonging and inclusion within the world of beauty."The training will also include employe...

    BIZJOURNALS
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    /news-article.aspx?ID=19121912

    DICK'S RAISES GUIDANCE ON EARNINGS BEAT

    May 29, 2019

    Dick's Sporting Goods on Wednesday reported net income of $57.5 million in the first quarter, compared to $60.1 million in the year-ago quarter, according to a company press release. On a non-GAAP basis, net income was $58.4 million.Net sales in the quarter were $1.92 billion, an increase of 0.6...

    RETAILDIVE
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    /news-article.aspx?ID=19141914

    CONTENT PLATFORM POPXO FORAYS INTO OFFLINE RETAIL

    May 29, 2019

    POPxo has opened its first standalone store in Delhi and plans to add four more in the coming quarter.The company sells lifestyle products such as bags, notebooks, laptop sleeves, among others. The firm also plans to add skin care and fashion offerings. Almost a year after foraying into e-commerce, ...

    LIVEMINT
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    /news-article.aspx?ID=19861986

    27-YEAR-OLD SEARCH MARKETING CEO LANDS 13-STOP U.S. SPEAKING TOUR

    May 29, 2019

    Garrett Mehrguth, the CEO and co-founder of the B2B and enterprise search marketing agency, Directive, recently was selected to speak at 13 stops of the Digital Summit tour. Digital Summit, the largest conference series in the digital marketing industry, has invited Mehrguth to share his unique pres...

    SOURCE
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    /news-article.aspx?ID=20302030

    ALIBABA PLANS $20 BLN HONG KONG LISTING

    May 28, 2019

    HONG KONG, - Alibaba Group is considering raising as much as $20 billion through a second listing and has picked Hong Kong as the venue, three sources told Reuters, in another blockbuster deal after its record $25 billion public float in New York in 2014. A second listing will give Alibaba the war c...

    ECONOMICTIMES
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    /news-article.aspx?ID=18971897

    SEPHORA TO CLOSE US STORES FOR INCLUSION TRAINING JUNE 5

    May 28, 2019

    Beauty retail giant Sephora announced Thursday it will close its stores, distribution centers and corporate offices the morning of June 5 to hold an inclusion training workshop. The company said it wants to "begin a dialogue" with its more than 16,000 U.S. employees on the importance of di...

    RETAILDIVE
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    /news-article.aspx?ID=19041904

    WIRECARD EXPANDS DIGITAL PAYMENT SERVICES WITHIN NORDIC RETAIL MARKET

    May 27, 2019

    Wirecard has announced the expansion of its digital payment services within the Nordic retail market with multiple new customers.Through Wirecard, many retailers in the region – including Nymans Ur, Royal Design, Svenssons i Lammhult, Rizzo and Accent – have recently integrated the accep...

    THEPAYPERS
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    /news-article.aspx?ID=18951895

    MASTERCARD, SAMSUNG PARTNER TO SAFEGUARD DIGITAL IDENTITIES

    May 24, 2019

    Mastercard and Samsung said in a press release that the two companies would team up to help consumers "conveniently and securely verify their digital identity on the mobile devices they use every day." Through the global digital identity service, customers will be able to access and prove ...

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    /news-article.aspx?ID=19061906

    BEST BUY EKES OUT SALES BOOST IN CHALLENGING Q1

    May 23, 2019

    Best Buy on Thursday reported that U.S. first quarter revenue rose 0.8% year over year to $8.48 billion, with its new GreatCall acquisition contributing to sales. U.S. online sales rose 14.5% on a comparable basis to $1.31 billion, thanks mostly to higher average order values and increased traffic. ...

    RETAILDIVE
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    /news-article.aspx?ID=18851885

    BIGCOMMERCE ENTERS GROWING AREA OF ONLINE RETAIL

    May 23, 2019

    E-commerce platform BigCommerce is providing online retailers more opportunities to create recurring revenue. BigCommerce is partnering with CRM technology vendor Ordergroove to enable retailers on its platform to offer a wide range of recurring revenue programs. By integrating with the Ordergroove ...

    CHAINSTOREAGE
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    /news-article.aspx?ID=18871887

    RETAIL COZIES UP TO MASS TRANSIT — VIA PAYMENTS

    May 23, 2019

    Mass transit sparks a range of emotions: resignation after just missing that last subway, frustration upon encountering that mysterious smell in that last car, and pleasure from the ability to go back and forth to work without worrying about traffic, parking or bad weather. What mass transit also is...

    PYMNTS
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    /news-article.aspx?ID=18891889

    6SENSE LAUNCHES ACCOUNT-BASED EXTERNAL MEDIA CAMPAIGNS ANALYTICS

    May 23, 2019

    Today 6sense, a leading Account Based Orchestration Platform, powered by AI, announced its External Media Campaigns feature. This capability extends 6sense's ability to track digital media campaigns launched on non-6sense platforms for use in account segmentation within the 6sense platform, and ...

    SOURCE
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    /news-article.aspx?ID=21172117

    6SENSE LAUNCHES ACCOUNT-BASED EXTERNAL MEDIA CAMPAIGNS ANALYTICS

    May 23, 2019

    Today 6sense, a leading Account Based Orchestration Platform, powered by AI, announced its External Media Campaigns feature. This capability extends 6sense's ability to track digital media campaigns launched on non-6sense platforms for use in account segmentation within the 6sense platform, and ...

    SOURCE
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    /news-article.aspx?ID=21182118

    SMALL BUSINESSES OFFERING MORE BENEFITS

    May 22, 2019

    Low unemployment rates are forcing small businesses to compete for workers. And that means improving benefit packages to lure potential employees, including offering a 401(k).The Original Pancake House has been operating in Southside for years. The company is reaching out and being more aggressive t...

    WBRC
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    /news-article.aspx?ID=18731873

    SMALL BUSINESS ADMINISTRATION OPENS NEW SATELLITE OFFICE IN BILLINGS

    May 22, 2019

    The Small Business Administration announced a new satellite office in Billings Wednesday afternoon. "The bottom line here is when rural Montana prospers, all Montana prospers, so that's why we're working in partnership here," said Charles Robison, USDA State Director. The new SBA s...

    KULR8
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    /news-article.aspx?ID=18751875

    SMALL BIZ FOCUS: BUSINESS APPRECIATION MONTH RECAP

    May 22, 2019

    Earlier this month we introduced Arlington Economic Development’s (AED) business engagement program and reviewed the many activities that will be taking place in May for Business Appreciation Month.A number of these efforts have focused on shining a light on local companies with ceremonies, an...

    ARLNOW
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    /news-article.aspx?ID=18771877

    MODSY RAISES $37M IN SERIES C FUNDING

    May 21, 2019

    Modsy, an online interior design service, announced on Tuesday it raised $37 million in a Series C funding round led by growth equity firm TCV. Existing investors including Norwest Venture Partners, Advance Venture Partners (AVP) and Comcast Ventures also participated in the funding round. The compa...

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    /news-article.aspx?ID=18511851

    ASCENA TO SHUTTER DRESSBARN AND ALL ITS 650 STORES

    May 21, 2019

    Ascena Retail Group and its Dressbarn brand on Monday announced plans for Dressbarn "to commence a wind down" of its operations. Troy Taylor, president of financial advisory and investment banking firm Algon Group, has been appointed independent director to The Dress Barn, Inc.'s board...

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    /news-article.aspx?ID=18531853

    J.C. PENNEY HIRES NEW CUSTOMER CHIEF AS COMPS FALL 5.5%

    May 21, 2019

    J.C. Penney's first-quarter sales fell 5.6% year over year to $2.44 billion, while its comparable-store sales fell 5.5%, according to a company release. At $154 million, the department store retailer's loss almost doubled that of the year-ago period and was significantly larger than analyst ...

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    /news-article.aspx?ID=18611861

    COSMETICS BRAND LIME CRIME LAUNCHES AR APP

    May 20, 2019

    Cosmetics brand Lime Crime has launched an augmented reality app. Customers can scan the Venus XL 2 eyeshadow palette or Softwear Blush to see product shades and watch tutorials, according to a company release.The Lime Crime app is available for download for iOS and Android. Beauty retailer Riley Ro...

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    /news-article.aspx?ID=18421842

    MACY'S SUMMER CAMPAIGN HEADS OUTSIDE WITH PINTEREST PINCODES

    May 20, 2019

    Macy’s launched an out-of-home experiential campaign that calls on consumers to use their phones at summer gathering places around the nation, according to information shared with sister publication Marketing Dive. Pop-up stations in places including Central Park, The Brooklyn Heights Promenad...

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    /news-article.aspx?ID=18381838

    17% OF CHAIN RETAILERS & RESTAURANTS ARE FINANCIALLY DISTRESSED

    May 16, 2019

    Some 17% retailers covered by S&P Global remain financially vulnerable, according to a report this week from the ratings agency. Big boxes and chain restaurants make up the most significant portion of the distressed companies. Together, the 17% account for $7.4 billion in debt.A number of retail...

    RCBIZJOURNAL
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    /news-article.aspx?ID=18401840

    RENT THE RUNWAY BREWS UP BRAND AWARENESS WITH COMPASS COFFEE PROMOTION

    May 16, 2019

    Colorful balloons, Rent the Runway window decals, a free cup of coffee and a pink interior are what await customers who happen to go to one of six Compass Coffee stores in Washington, D.C. this week.The apparel rental service has been popping up in a different location every day since Tuesday, and t...

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    /news-article.aspx?ID=18631863

    MACY'S LEANS ON OFF-PRICE, MOBILE AND 'GROWTH50'

    May 15, 2019

    Macy's on Wednesday said that first quarter revenue slid to $5.5 billion from $5.54 billion in the year-ago quarter, but comp sales rose 0.6% on an owned basis and 0.7% on an owned-plus-licensed basis. That reflects the department store's sixth consecutive quarter of comparable sales growth,...

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    /news-article.aspx?ID=18191819

    AWAY'S RUNWAY FOR GROWTH EXPANDS WITH $1.4B VALUATION

    May 15, 2019

    Direct-to-consumer (DTC) luggage brand Away on Tuesday announced $100 million in Series D funding, raising the company's valuation to $1.4 billion, according to a company press release emailed to Retail Dive.Away plans to use the infusion to expand its product line in existing categories, as wel...

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    /news-article.aspx?ID=18231823

    FEATHER SECURES $12M IN SERIES A FUNDING, EXPANDS INTO LA

    May 15, 2019

    Feather on Wednesday announced it secured $12 million in a Series A funding round led by Spark Capital. Kleiner Perkins, Bain Capital Ventures, Y Combinator and Fuel Capital were among those who also participated in the funding effort.The direct-to-consumer (DTC) furniture subscription service said ...

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    /news-article.aspx?ID=18281828

    THREE REASONS TO ADOPT AN OMNICHANNEL MARKETING STRATEGY, BACKED BY DATA

    May 14, 2019

    No one likes to be sold to. With the rise of ad blockers and privacy concerns among consumers, the message couldn’t be more clear to marketers.Today, it’s time to focus on making marketing messages more relevant to customers. When a message is relevant, it doesn’t feel promotional....

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    /news-article.aspx?ID=18171817

    CHICO'S TURNS DOWN SYCAMORE'S 2ND BID

    May 13, 2019

    Chico's board, in consultation with independent financial and legal advisors, has unanimously rejected Sycamore's second cash offer of $3.50 per share, following an earlier one for $4.30 per share, the company said on Thursday. In a statement, Board Chair David Walker expressed confidence in...

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    /news-article.aspx?ID=18651865

    WALMART NIXES JET'S LEAD EXEC ROLE

    May 13, 2019

    Jet president Simon Belsham is stepping down as parent Walmart eliminates the role as part of its ongoing repositioning of the Jet brand and integration of the team. Belsham stepped into the role in early 2018.Marc Lore CEO of Walmart's e-commerce unit and founder of Jet said in a corporate post...

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    /news-article.aspx?ID=19831983

    ETAILERS LOOK TO GIVE INSTANT COFFEE A JOLT VIA SUBSCRIPTIONS

    May 10, 2019

    After moving to Oregon, Voila Coffee Founder Kent Sheridan saw a craft coffee culture bubbling up. He fell in love with specialty coffee – so much so that he carried a backpack with all of his coffee equipment: hand grinder, scale and kettle. Trying to make the best cup of coffee, after all, i...

    PYMNTS
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    /news-article.aspx?ID=18111811

    CAMPING WORLD POSTS LOSS IN RV, OUTDOOR RETAIL SEGMENT

    May 09, 2019

    Camping World on Wednesday reported first quarter earnings, announcing that revenue increased 0.6% to $1.07 billion and gross profit decreased 1.2% to $298 million, according to a company press release.Revenue in the RV and outdoor retail segment, which includes its retail operations, increased 0.4%...

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    /news-article.aspx?ID=17901790

    WALGREENS WANTS COURT TO TOSS THERANOS LAWSUIT

    May 09, 2019

    Walgreens attorneys argued in a Delaware court this week that the drugstore retailer's board acted quickly when learning of fraudulent claims by Theranos, a blood-testing startup (now dissolved) that Walgreens partnered with starting in 2012, according to reports in Bloomberg Law and Law360. The...

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    /news-article.aspx?ID=17971797

    SQUARE ACQUIRES AI FIRM ELOQUENT LABS

    May 08, 2019

    Square on Tuesday announced its acquisition of Eloquent Labs, an artificial intelligence (AI) tech company which automates responses to customer questions and feedback, according to a Square blog post. Square stated that Eloquent's  AI services can "level the playing field for business...

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    /news-article.aspx?ID=17981798

    APPLE FINALISES LIST OF LOCATIONS FOR ITS FIRST RETAIL STORE IN INDIA: REPORT

    May 08, 2019

    The iPhone giant has zeroed in on several upscale sites in Mumbai, and plans to make a final decision in the next few weeks.Manufacturing in India will also allow the company to sidestep 20 percent tariffs on imported phones, making its devices more competitive Apple Inc. has finalized a short list ...

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    /news-article.aspx?ID=17991799

    WALMART SAYS PROJECT GIGATON GOALS ARE ON TRACK

    May 08, 2019

    Walmart was able to reduce its scope one emissions, which are from company-owned sources, and scope two emissions, which are generated by electricity, by 6.1% in 2017 compared to 2015 levels. The company is on track, along with its suppliers, to reduce its emissions by 1 billion metric tons by 2030,...

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    /news-article.aspx?ID=17851785

    WALMART TO OPEN 100 IN-STORE VETERINARY CLINICS

    May 07, 2019

    Walmart on Tuesday announced that it will open more in-store veterinary clinics, starting with nine clinics in the Dallas-Fort Worth area, and eventually expanding to 100 locations over the next year, according to a company press release.Walmart will also carry prescriptions for dogs, cats, horses a...

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    /news-article.aspx?ID=17741774

    VICTORIA'S SECRET FREE TO TRADEMARK 'FIRST LOVE'

    May 07, 2019

    Victoria's Secret is close to registering a trademark for the expression "First Love" for a new line of personal care products, according to filings at the United States Patent and Trademark Office. The brand first filed for the trademark last October, but on Feb. 26 this year that was...

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    /news-article.aspx?ID=17841784

    RETURNS GROW WITH E-COMMERCE, REACH 10% OF SALES

    May 07, 2019

    About 10% of merchandise sold in the U.S. 2018 was returned. The figure was the same in 2017 after more than a decade of relative stasis in the high single digits, according to surveys and data from the National Retail Federation and Appriss. Returns have grown from $171.4 billion in 2007 to $369 bi...

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    /news-article.aspx?ID=18091809

    GOOGLE LAUNCHES CALL SERVICE CALLJOY FOR SMALL BUSINESSES

    May 06, 2019

    For $39 per month, businesses can access CallJoy, which helps filter out spam calls, gives callers basic company information and directs customers to the services they are seeking, according to a company press release sent to Retail Dive. Each business gets a local phone number that integrates with ...

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    /news-article.aspx?ID=17861786

    AUSTRALIA FIRST-QUARTER RETAIL SALES WORST IN NEAR SEVEN YEARS, RATE CUT BETS ALIVE

    May 06, 2019

    Australian retailers posted their weakest quarter in seven years in March in a bad omen for the broader economy as the country's central bank deliberates on whether or not to cut interest rates later on Tuesday. Figures from the Australian Bureau of Statistics (ABS) showed retail sales rose a te...

    INVESTING
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    /news-article.aspx?ID=17671767

    HBC LOOKS TO SELL LORD & TAYLOR

    May 06, 2019

    HBC on Monday announced it is "pursuing strategic alternatives for the Lord + Taylor operating business, including a possible sale or merger."HBC has retained PJ Solomon as its financial adviser for the review of the Lord & Taylor operating business, according to a company press releas...

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    /news-article.aspx?ID=17911791

    MODELL'S CEO: 'THE LANDLORDS ARE ROOTING FOR US'

    May 03, 2019

    Mitchell Modell has been entrusted with his great-grandfather's retail business, and things aren't any easier in the 21st century than in the 19th.Modell's Sporting Goods has long been a fixture in the Northeast, expanding under Mitchell Modell's leadership in the past couple of deca...

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    /news-article.aspx?ID=17921792

    RETAIL THERAPY: WELCOME TO THE WORLD OF FANNY PACK CROCS

    May 03, 2019

    It's been another weird week in retail. Crocs truly outdid itself with its new drop, Burger King threw shade at its competition and 99 Cents Only made its bougie-est announcement yet. Ugly can't fix ugly, but apparently Crocs didn't get the memo. Through a partnership with Beams, it mana...

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    /news-article.aspx?ID=17641764

    AMAZON REBRANDS SOUQ

    May 02, 2019

    Amazon this week launched a marketplace in the Middle East, rebranding the popular Souq e-commerce site that it acquired two years ago. Visitors to Souq.com are now automatically redirected to Amazon.ae.Souq customers can access their existing orders and account information on Amazon.ae and the Amaz...

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    /news-article.aspx?ID=17631763

    AMAZON LAUNCHES NEW ECOMMERCE SITE IN THE MIDDLE EAST

    May 02, 2019

    Amazon has launched its new Middle Eastern ecommerce marketplace, two years after acquiring Dubai-based ecommerce company Souq.com for $580 million.CNBC reported that Souq.com will be rebranded to Amazon.ae and the original Souq URL will take shoppers directly to the new one. Souq as a distinct bran...

    MULTICHANNELMERCHANT
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    /news-article.aspx?ID=17561756

    TECH SHOW NORTH AND ECOMMERCE SHOW NORTH: DAY ONE SCHEDULE

    May 02, 2019

    With TSN and eCSN right around the corner, today we're proud to reveal the speaker lineup for the first day of the conference, which takes place on May 8th.The expos, for the first time this year colocated on May 8th and 9th at EventCity, Manchester, are expected to be the largest of their kind ...

    PROLIFICNORTH
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    /news-article.aspx?ID=17571757

    SHOPIFY EARNINGS BOOST GLOBAL E-COMMERCE ETF INTEREST

    May 02, 2019

    Shopify, the e-commerce company that makes tools for small businesses to sell goods online, got a boost as the stock jumped 7.9% to close at $243.53 after its earnings release earlier this week.Canada-based Shopify (SHOP) said adjusted earnings were 9 cents a share, up 125% from a year earlier, with...

    ETFTRENDS
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    /news-article.aspx?ID=17581758

    AMAZON KEY, FORD UNLOCK IN-CAR DELIVERY

    May 01, 2019

    Amazon Key is expanding in-car delivery to make it available in Ford and Lincoln vehicles, Ford announced Tuesday.The option is currently available in 50 cities, an Amazon spokesperson told sister publication Supply Chain Dive in an email."Receiving a package securely and reliably in your car, ...

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    /news-article.aspx?ID=17501750

    SHOPIFY FINE-TUNES POS FOR A NEW BRICK-AND-MORTAR ERA

    Apr 29, 2019

    Shopify last week unveiled a new suite of three devices, the "Shopify Tap & Chip Reader, Dock, and Retail Stand."The Tap & Chip Reader allows for contactless tapping payments, or inserting a debit or credit card. The reader also works with Shopify POS, the company's software th...

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    /news-article.aspx?ID=17461746

    FOREVER 21 SHUTTING DOWN CHINESE E-COMMERCE SITE

    Apr 26, 2019

    Forever 21 is in the process of shuttering its Chinese e-commerce website, according to a notice on its home page, as reported by Women’s Wear Daily and other news outlets.There are also local news reports of at least one store closing and massive discount sales that could indicate additional ...

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    /news-article.aspx?ID=17331733

    THE EVOLUTION OF RETAIL AND CUSTOMER EXPECTATIONS

    Apr 26, 2019

    As the evolution of retail and the way consumers purchase goods continues to change, meeting the challenge to effectively serve both consumers and retailers is a strategic challenge for both shippers and carriers.Understanding the ever-changing ecommerce landscape that includes new shopping preferen...

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    /news-article.aspx?ID=17341734

    VISIT STAR MICRONICS AT RETAILEXPO 2019 FOR THE LATEST CLOUD AND TABLET POS PRINTING SOLUTIONS

    Apr 25, 2019

    At RetailEXPO 2019 (1 – 2 May 2019, Olympia London), international POS printer manufacturer Star Micronics will be demonstrating its latest innovative and versatile Cloud and tablet POS printing solutions with a range of software and payment partners on Stand 5E10. Star is widely acknowledged ...

    VIRTUAL-STRATEGY MAGAZINE
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    /news-article.aspx?ID=17251725

    SHOPIFY LAUNCHES RETAIL POS HARDWARE TO BOOST IN-STORE EXPERIENCE FOR MERCHANTS

    Apr 25, 2019

    Shopify Inc., a multi-channel commerce platform for online retail, has launched a line of point-of-sale hardware that will "revolutionize the in-store retail experience for some of the world's fastest-growing brands with omnichannel capabilities, including contactless payments," accord...

    MOBILE PAYMENTS TODAY
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    /news-article.aspx?ID=17261726

    PAYPAL JOINS $11M FUNDING ROUND OF RETURNS STARTUP

    Apr 25, 2019

    Happy Returns on Thursday announced a strategic investment from PayPal, part of an $11 million funding round that also includes existing investors U.S. Venture Partners and Upfront Ventures. The latest infusion brings the startup's total take to $25 million since its founding in 2015, according ...

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    /news-article.aspx?ID=17321732

    PIER 1 DOWNGRADED ON DEBT, POOR PROSPECTS

    Apr 25, 2019

    In a statement emailed to Retail Dive, Pier 1 stated that it has, "developed an action plan that the Company believes will provide sufficient liquidity to implement the strategic initiatives that are part of its new fiscal 2020 plan. The Company is not in default under any of its debt agreement...

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    /news-article.aspx?ID=17421742

    6SENSE EXPANDS INTEGRATION WITH HUBSPOT FOR HEIGHTENED ACCOUNT BASED ORCHESTRATION

    Apr 25, 2019

    6sense, a leading Account Based Orchestration Platform, powered by AI, announced $27 million in funding. The round was led by Industry Ventures and included participation from existing investors Bain Capital Ventures, Battery Ventures, Costanoa Ventures, Salesforce Ventures, and Venrock. “We b...

    SOURCE
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    /news-article.aspx?ID=21192119

    EBAY UPGRADES GUIDANCE ON Q1 PERFORMANCE

    Apr 24, 2019

    EBay on Tuesday reported that first quarter revenue rose 2% on an as-reported basis and 4% on a foreign exchange-neutral basis, primarily driven by gross merchandise volume of $22.6 billion. GMV was down 4% (1% currency neutral). Net income from continuing operations rose 28% to $521 million, from $...

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    /news-article.aspx?ID=17451745

    ALL KOHL'S STORES TO TAKE AMAZON RETURNS

    Apr 23, 2019

    Starting in July, Amazon returns will be possible at all Kohl's more than 1,150 locations across 48 states, the department store said on Tuesday. Kohl's will accept eligible Amazon items, with or without a box or label, according to a Kohl's press release. The tie-up that has the retaile...

    RETAIL DIVE
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    /news-article.aspx?ID=17211721

    NO FREE RETURNS? MORE THAN HALF OF SHOPPERS WON'T BUY

    Apr 23, 2019

    Now that returns are the new normal, more shoppers are factoring returns into their purchasing decisions, according to a March report from Klarna, a Stockholm-based payments company. The report found that 82% of shoppers thought returns were a routine part of shopping.Consumers are very wedded to fr...

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    /news-article.aspx?ID=17431743

    PRIVATE LABELS OUTPACING NATIONAL BRANDS

    Apr 23, 2019

    The volume of private labels being sold at mass retailers, club stores and dollar stores rose 33.2% over the past five years, while national brands rose less than 1%, according to a study from the Private Label Manufacturers Association using data from Nielsen. Dollar sales of private labels rose 41...

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    /news-article.aspx?ID=17441744

    BED BATH & BEYOND SHAKES UP BOARD AMID ACTIVIST PRESSURE

    Apr 23, 2019

    The investor group, which includes Legion Partners Holdings, Macellum Advisors GP and Ancora Advisors, released a statement later on Monday criticizing Bed Bath & Beyond's new board of directors. In a statement emailed to Retail Dive, the group said the actions are "not nearly enough wh...

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    /news-article.aspx?ID=17151715

    UNCONTAINED: THE COMPLEX LINK BETWEEN RETAIL AND PACKAGING

    Apr 22, 2019

    Retailers are aware that the environmental impact of packaging is weighing on consumers' minds. But, it's not just about getting rid of plastic. An awakening in retail and packaging is underway. Some of it felt sudden — it's as if a collective conversation about straws occurred and...

    RETAIL DIVE
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    /news-article.aspx?ID=17201720

    FOR THE BIRDS: THIS DTC BRAND IS FLYING HIGH ON SUSTAINABLE WINGS

    Apr 22, 2019

    It takes a certain personality to set your sights on launching a footwear brand without any experience in footwear. In Tim Brown's case, it's tied to a nose-to-the-grindstone obsession with practice and refinement qualities that also landed him a job playing professional soccer, which he now...

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    /news-article.aspx?ID=17351735

    TRUE BLUE: DENIM HAS TO CHANGE TO SAVE THE PLANET

    Apr 22, 2019

    Denim derives many of its most prized qualities — the way it feels and fades, its durability — from how it's made. It's woven with an undyed horizontal yarn (the weft) made usually of cotton or cotton blend passing over and under at least two vertical indigo-dyed yarns (the warp)...

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    /news-article.aspx?ID=17361736

    CLOUDS ON THE HORIZON: WHAT CLIMATE CHANGE MEANS FOR RETAIL

    Apr 22, 2019

    The world is on fire and retail is to blame. At least partially. Global warming is likely "the result of human activity since the mid-20th century and proceeding at a rate that is unprecedented," according to NASA, and is evidenced by a global rise in temperature, warming oceans and extrem...

    RETAIL DIVE
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    /news-article.aspx?ID=17121712

    THE NORTH FACE TO CLOSE 113 STORES FOR EARTH DAY

    Apr 16, 2019

    The North Face is taking advantage of Earth Day to launch a global campaign focused on making April 22 a national holiday, with a Change.org petition signed by the retailer and 15 other organizations, according to a company press release. In observance of that movement, 113 of the outdoors retailer&...

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    /news-article.aspx?ID=17111711

    FERNISH STEPS INTO BRICK AND MORTAR

    Apr 16, 2019

    Fernish, a direct-to-consumer furniture subscription service, has teamed up with Alliance Residential to create showrooms.The company has already unveiled six showrooms, four in Los Angeles and two in Seattle, and has plans to open two to three additional ones in the next 10 days, Michael Barlow, th...

    RETAILDIVE
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    /news-article.aspx?ID=17091709

    DESTINATION MATERNITY MARGINS SHRINK

    Apr 16, 2019

    Destination Maternity on Tuesday reported that net sales for the fourth quarter fell 13.1% to $91.3 million from $105.1 million in the year-ago quarter — in part because of the net closure of 29 owned stores and 83 leased locations, a comp sales decrease and one less selling week compared to a...

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    /news-article.aspx?ID=17071707

    SALESFLOOR ENABLES CONSUMERS TO SHOP STYLISTS' INSTAGRAM POSTS

    Apr 16, 2019

    Mobile platform Salesfloor announced the launch of SocialShop, which allows store associates to create shoppable Instagram posts to share with customers, according to a Salesfloor press release sent to Retail Dive.Associates can already share product photos and other relevant social media posts via ...

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    /news-article.aspx?ID=17521752

    6SENSE SECURES $27 MILLION TO ADVANCE BOLD VISION IN B2B AND ABM

    Apr 16, 2019

    6sense, a leading Account Based Orchestration Platform, powered by AI, announced $27 million in funding. The round was led by Industry Ventures and included participation from existing investors Bain Capital Ventures, Battery Ventures, Costanoa Ventures, Salesforce Ventures, and Venrock. “We b...

    SOURCE
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    /news-article.aspx?ID=21202120

    IBM LOOKS TO ENHANCE RETAIL STORES WITH 'SMART MIRROR' TECHNOLOGY

    Apr 15, 2019

    Tech giant IBM is working on a technology, referred to as ‘Smart Mirror’, through which it plans to tie up with offline retailers. The company will launch the technology in fashion retail Vero Moda’s stores and is in talks with other retailers as well. Smart Mirror is expected to e...

    ECONOMICTIMES
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    /news-article.aspx?ID=17011701

    ZAPPOS OPENS OUTLET STORE IN LOUISVILLE

    Apr 15, 2019

    Amazon-owned Zappos.com on Friday opened a 325,000-square-foot fulfillment center and retail outlet in Louisville, Kentucky.The move will allow the company to grow by more than 100 new employees over the next two years, according to a company press release.The company previously ran an outlet store ...

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    /news-article.aspx?ID=17101710

    A ‘SAVVY OPERATOR’: WHY DOLLAR GENERAL DOMINATES THE DISCOUNT RETAIL CATEGORY

    Apr 15, 2019

    Among discount retailers, Dollar General, with its 15,432 stores, is a force to be reckoned with.It’s not an easy category to win. Discount chain Fred’s announced plans last week to close 159 underperforming and unprofitable stores as it embarks on a turnaround strategy; Dollar Tree-owne...

    DIGIDAY
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    /news-article.aspx?ID=16981698

    SINGAPORE'S AIRPORT GOES FOR RETAIL HIGH WITH BILLION-DOLLAR MALL

    Apr 12, 2019

    A sprawling retail complex with the world's tallest indoor waterfall is what Singapore hopes will bring more travellers and visitors to the airport to shop and dine.As global competition for travellers heats up in the aviation industry, Singapore's Changi Airport is set to open its S$1.7 bil...

    ECONOMICTIMES
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    /news-article.aspx?ID=16971697

    AMAZON'S JEFF BEZOS CHALLENGES RETAIL RIVALS TO RAISE MINIMUM WAGES

    Apr 11, 2019

    Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday challenged rival retailers to increase their minimum wages to $16 an hour."Today I challenge our top retail competitors (you know who you are!) to match our employee benefits and our $15 minimum wage," the billionaire entreprene...

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    /news-article.aspx?ID=16991699

    KOHL'S LANDS EXCLUSIVE DEAL WITH ELIZABETH AND JAMES

    Apr 11, 2019

    Elizabeth and James, a lifestyle brand founded by Ashley and Mary-Kate Olsen in 2007, will exclusively be available in most Kohl's stores and on Kohls.com beginning this holiday season, the retailer said on Wednesday.The collection, which will be available in stores nationwide, will include appa...

    RETAILDIVE
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    /news-article.aspx?ID=16801680

    LATE-NIGHT MARKET FEATURES LOCAL ARTISTS AND SMALL BUSINESS OWNERS

    Apr 10, 2019

    Limited hours, traffic and lack of parking are deterrents for shoppers visiting galleries and local businesses in the Short North, a problem the Moonlight Market aims to eliminate.The monthly street festival began as a way to attract more traffic and retail shoppers downtown, Walker Evans, co-founde...

    THELANTERN
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    /news-article.aspx?ID=16631663

    BUYER BEWARE! ADVICE TO SMALL BUSINESSES CONSIDERING IT PURCHASE

    Apr 10, 2019

    Manchester Ink Link is proud to welcome a new business partner, Merrimack River Technologies of Manchester  In this space each Wednesday, we’ll provide news and information aimed at small businesses.  As an added feature, we invite your IT questions and we’ll seek to answer the...

    MANCHESTERINKLINK
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    /news-article.aspx?ID=16641664

    REI EXPANDS GEAR RENTAL TO 115 STORES

    Apr 10, 2019

    As promised, REI announced another expansion of its gear rental program in 2019, which will include, among other things, snowshoes, skis, snowboards, and camping and backpacking kits. The products will be available for rent in 115 stores, according to a company press release. The outdoor retailer al...

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    /news-article.aspx?ID=16791679

    LEVI'S NOTCHES PROFIT IN 1ST POST-IPO QUARTER

    Apr 10, 2019

    Levi Strauss & Co., in its first report since becoming a publicly traded company last month, said that first quarter net revenue rose 6.8% or 10.7% on a constant-currency basis. In the Americas, its largest trading region, net revenue rose 9%, while its direct-to-consumer revenues — includ...

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    /news-article.aspx?ID=16821682

    HOW BONOBOS BECAME THE 'DNVB COLLEGE'

    Apr 10, 2019

    Every month in New York City a group of six friends get together for dinner to celebrate birthdays, catch up on each other's lives and reminisce about the old days working at Bonobos. Emily Onkey is one of them. The former director of brand marketing at Bonobos spent two and a half years at the ...

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    /news-article.aspx?ID=17081708

    MERGING CO-WORKING, RETAIL, AND INDIE BEAUTY

    Apr 10, 2019

    DC–based retailer Becky Waddell has merged two trends, indie beauty and co-working, under the one roof of Take Care. The front of the space remains a traditional retail space focusing on clean beauty, with the back of the house being dedicated to the new Workwell shared-office concept. After-h...

    BEAUTYMATTER
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    /news-article.aspx?ID=17731773

    LESSONS LEARNED FROM A TRIP TO NEIMAN MARCUS' DALLAS FLAGSHIP

    Apr 09, 2019

    Many brick-and-mortar stores are losing money, but it's not because of online giants luring shoppers away with big discounts and VR. Instead, too many retailers don't realize that bringing shoppers into stores and converting browsers into buyers is all about being more human in an increasing...

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    /news-article.aspx?ID=16891689

    GEN Z FAVORS VANS, LULULEMON AND AMAZON

    Apr 09, 2019

    Vans is catching up to No. 1 Nike among teens with a 20% brand preference score and Lululemon garnered its best showing — No. 2 among athletic brands and No. 8 in apparel generally — in investment bank Piper Jaffray's latest Taking Stock With Teens survey, which was emailed to Retail...

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    /news-article.aspx?ID=16901690

    BOSE BRINGS AUDIO AR SHADES AND FESTIVAL CONTENT TO COACHELLA

    Apr 09, 2019

    Electronics maker Bose will provide Coachella Valley Music & Arts Festival attendees what it's calling the first audio augmented reality (AR) experience, according to a company announcement. Wearers of its Bose Frames sunglasses, which are specially equipped with miniature speakers and a Blu...

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    /news-article.aspx?ID=16921692

    SPORTS DIRECT HAS LOST NEARLY £500M ON A SERIES OF RETAIL PUNTS

    Apr 09, 2019

    Sports Direct’s write-off of at least £150m of investment in Debenhams shares is part of a mixed history of investing in the stock market.The group partly sees its “strategic investments” as a tool to gain influence over the boards of companies it is interested in working mor...

    THEGUARDIAN
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    /news-article.aspx?ID=16621662

    SUGAR COSMETICS LAUNCHES FIRST RETAIL OUTLET IN BENGALURU

    Apr 09, 2019

    SUGAR Cosmetics, one of the fastest growing colour cosmetics brands in India, has launched its first exclusive brand outlet in Bengaluru. This store houses SUGAR's entire product range in a specially-curated brick-and-mortar experience. Located at Orion Mall in the IT Hub of India, the newly lau...

    INDIANRETAILER
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    /news-article.aspx?ID=16441644

    CAN VISUAL SEARCH HELP RETAILERS FIND NEW SALES?

    Apr 09, 2019

    Amazon failed Ted Mann, CEO of Slyce, a visual search firm, when it came to the cheesy sweater the one with, in his words, “little teddy bears all over it.” He tried in vain to search via text for that product, a wedding anniversary gift for pals who apparently have a good sense of humor...

    PYMNTS
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    /news-article.aspx?ID=16451645

    AREA BUSINESS SUMMIT CLOTHING COMPANY TO OPEN FIRST RETAIL STORE

    Apr 09, 2019

    Local business Summit Clothing Company is reaching new heights with the opening of its first retail store.The Summit Clothing Company shop is expected to open soon in the lower level of the Saratoga Marketplace, located at 454 Broadway in downtown Saratoga Springs.A grand opening celebration is plan...

    SARATOGIAN
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    /news-article.aspx?ID=16471647

    ZOHO LAUNCHES E-COMMERCE SOLUTION FOR SMALL RETAILERS

    Apr 09, 2019

    Zoho Corp has announced the launch of Zoho Commerce, an e-commerce solution which will help small retailers set up their own ecommerce sites. Hyther Nizam, vp-product management, Zoho Corp said that the company had been running a beta version for the past year with 3,500 retailers globally, about 10...

    ECONOMICTIMES
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    ANCHORS AWAY: WHY GROCERS ARE HEADING TO THE MALL

    Apr 09, 2019

    The struggles of mall stalwarts such as Macy’s, Sears and J.C. Penney could spell opportunity for supermarket chains. Just last month, beloved Connecticut chain Stew Leonard’s began renovating an 80,000-square-foot location at New Jersey’s Paramus Park Mall formerly occupied by Sea...

    GROCERYDIVE
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    /news-article.aspx?ID=17511751

    HOW SMALL BUSINESSES CAN TAKE ON RETAIL GIANTS

    Apr 08, 2019

    THE future is bright for regional retailers if they continue to provide value to their customers, showcase their uniqueness and nurture existing relationships, says Dr Eric Ng.   Based in Toowoomba, Dr Ng is a senior lecturer at the University of Southern Queensland's School of Managem...

    SUNSHINECOASTDAILY
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    WHATSAPP BUSINESS ROLLS OUT FOR IOS

    Apr 08, 2019

    WhatsApp last week announced the WhatsApp Business app for iOS, according to a company blog post. The app is free to download and is currently available in Brazil, Germany, Indonesia, India, Mexico, the U.K. and the U.S., with plans for further global rollout in the coming weeks. WhatsApp Business i...

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    ROBERTO CAVALLI FILES CHAPTER 7

    Apr 08, 2019

    Noting that its Italian parent company, Roberto Cavalli S.p.A., "is also experiencing significant financial distress," the apparel brand’s U.S. operation on Thursday filed for Chapter 7 in the United States Bankruptcy Court for the Southern District of New York, which entails liquida...

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    IF MARCH MADNESS HAD A RETAIL BRACKET

    Apr 08, 2019

    If you've never sat around thinking about the similarities between college basketball and the retail industry, you're missing out. They might seem like two entirely different operations, but you better believe retail has its own plethora of 16-seed players, a significantly smaller subset of ...

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    ANOTHER CANNABIS RETAIL STORE PROPOSED NEAR COOMBS

    Apr 07, 2019

    The Regional District of Nanaimo has received a second referral for non-medical cannabis retail store licence application to open a shop in Hilliers.The applicant has submitted its application to the Liquor and Cannabis Regulation Branch (LCRB) to establish a store, Coombs Classy Cannabis, to sell n...

    PQBNEWS
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    THE RETAIL APOCALYPSE IS FAR FROM OVER AS ANALYSTS PREDICT 75,000 MORE STORE CLOSURES

    Apr 06, 2019

    As e-commerce sales continue to grow, tens of thousands of stores are set to shutter, according to a report released by UBS on Tuesday.Analysts predict that e-commerce penetration is set to rise to 25% by 2026, up from its current position at 16% of total retail sales. If that happens, roughly 75,00...

    BUSINESSINSIDER
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    AMAZON VENDOR CLOUDTAIL TO EXIT FOOD RETAIL TO MAKE ROOM FOR AMAZON’S FOOD ARM

    Apr 06, 2019

    One of Amazon’s largest sellers, Cloudtail India is reportedly planning to exit food retail as the ecommerce giant’s food retail arm has committed to scale selling of local food outputs.Earlier this week, Amazon has invested ₹240 crore (approximately $35 million) into its food ecommerce ...

    EOINDIA
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    /news-article.aspx?ID=17721772

    APPLE CREDIT CARD LAUNCHES THIS SUMMER

    Apr 05, 2019

    Apple announced in a press release on March 25 it will introduce a credit card called Apple Card.Touted as a "new kind of credit card," Apple Card is designed for use with Apple Wallet on iPhone and the Apple Pay contactless payment system. A physical card will be available for use at loca...

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    RENT THE RUNWAY EXPANDS INTO KIDS

    Apr 05, 2019

    Rent the Runway on Friday announced the April 15 debut of its first children's apparel offer. Initially the program will cater to girls' sizes 3Y to 12Y, and the platform will have the flexibility to add more than four items per rental order.Rent the Runway Kids is working with 13 designers,...

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    IKEA TO TEST FURNITURE RENTAL IN 30 COUNTRIES

    Apr 04, 2019

    IKEA wants to roll out furniture rental to all its main markets in a bid to appeal to its increasingly environmentally conscious and transient customers.The world's biggest furniture group, known for its low-cost disposable items, first said it was looking into leasing its desks, beds and sofas ...

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    DEVELOPMENT AUTHORITY WORKING ON LOANS, INCUBATOR FOR SMALL BUSINESSES

    Apr 04, 2019

    It’s big news when a new company locates in a community, whether it brings 20 jobs or 200 or even more. But for every one of those big announcements in Colquitt County there are hundreds of businesses and manufacturers, large and small, who have been here for years. Small business start-ups al...

    MOULTRIEOBSERVER
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    FEDEX RESPONDS TO E-COMMERCE GROWTH WITH 2,000TH RETAIL STORE

    Apr 04, 2019

    Consumer demand for choice, convenience and control has prompted a rise in brick-and-mortar access for e-retailers and the channels that support them. FedEx opened its 2,000th retail location on Tuesday to support the growth of e-commerce and consumer demands for choice, convenience and control. Acc...

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    /news-article.aspx?ID=16281628

    KEREMEOS COUNCIL GIVES GREEN LIGHT FOR CANNABIS RETAIL STORE

    Apr 04, 2019

    Keremeos council threw their support behind a cannabis retail store Monday night at the regular council meeting.Council underwent an extensive public consult process, which included an online survey, about a proposed recreational cannabis retail store at 615 7th Avenue.Quantum 1, a division of Vanco...

    PENTICTONWESTERNNEWS
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    WELL-DESIGNED CANNABIS RETAIL STORES CAN DRAW CONSUMERS, BOOST THE BOTTOM LINE

    Apr 04, 2019

    The inside of a marijuana dispensary can be memorable or, well, it can exude all the stereotypes.Convenient, roomy stores with visually appealing features and displays where product is easily viewed can generate returning customers and, in turn, more revenue.But stark, fluorescent-lighted spaces wit...

    MJBIZDAILY
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    SEARS OPENING STORES FOR A CHANGE

    Apr 04, 2019

    Sears confirmed the new Home & Life stores, and Peter Boutros, chief brand officer for Sears and Kmart and president of Kenmore, Craftsman and DieHard brands, said they will sell items from Sears' "power categories," with merchandise determined by local needs. Customers can also or...

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    /news-article.aspx?ID=16321632

    SEARS OPENING STORES FOR A CHANGE

    Apr 04, 2019

    Sears confirmed the new Home & Life stores, and Peter Boutros, chief brand officer for Sears and Kmart and president of Kenmore, Craftsman and DieHard brands, said they will sell items from Sears' "power categories," with merchandise determined by local needs. Customers can also or...

    RETAILDIVE
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    /news-article.aspx?ID=16331633

    ORRA MARKS A MILESTONE, LAUNCHES ITS 35TH STORE IN LUCKNOW

    Apr 04, 2019

    ORRA, India’s foremost diamond jewellery brand, has launched its second store in Lucknow at Gomti Nagar, making it the 35th store for the retail brand in India. With its first Lucknow store in Hazratganj, ORRA is expanding its reach in the city. Launched just a few weeks before the auspicious ...

    DIAMONDWORLD
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    /news-article.aspx?ID=16401640

    HBC BOOSTS PROFITS AS STORE COMPS DECLINE

    Apr 03, 2019

    HBC on Wednesday reported that fourth quarter revenue fell to 2.9 billion Canadian dollars ($2.18 billion), a decrease of CA$167 million from the same quarter a year ago, which included an extra selling week garnering CA$120 million. Excluding that, fourth quarter revenue declined CA$47 million or 1...

    RETAILDIVE
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    /news-article.aspx?ID=16311631

    AMAZON INDIA DRIVES ITS OFFLINE STRATEGY, GAINS CONTROL OF RETAIL CHAIN MORE

    Apr 03, 2019

    With the recent changes in Indian FDI policy for ecommerce, US-based ecommerce giant Amazon has had a bit of a setback in its plans to dominate the Indian ecommerce as well as offline space. However, the company is now seeking alternate routes in India and its acquisition of Aditya Birla’s ret...

    INC42
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    /news-article.aspx?ID=16191619

    WALMART LAUNCHES VOICE-ACTIVATED GROCERY SHOPPING

    Apr 02, 2019

    Walmart has partnered with Google to allow customers to voice order groceries from their Google Assistant-enabled devices including Google Home, iPhones and Android devices, the retailer announced in a blog post. Shoppers can add products directly to their carts by saying "Hey Google, talk to W...

    GROCERYDIVE
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    /news-article.aspx?ID=16211621

    HOW DICK'S SPORTING GOODS' CTO IS REVAMPING ATHLETIC E-COMMERCE

    Apr 02, 2019

    Dick's Sporting Goods CTO Paul Gaffney is breaking down the silos of software development between the retailer's headquarters and its individual stores, according to an interview with The Wall Street Journal.Gaffney joined the retailer in November 2017 and since then has worked with his team...

    CIODIVE
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    QVC PLANS 1ST EXCLUSIVE BEAUTY BRAND

    Apr 02, 2019

    QVC announced Monday the development of its first exclusive beauty brand, Carmindy Beauty, which will be created with Batallure Beauty and will sell exclusively on QVC starting in September.The color cosmetics collection will include 16 items and several kits, including eye shadow, brow pencils, mas...

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    /news-article.aspx?ID=16081608

    HOW CAN RETAILERS MAKE CONSUMERS LOVE THEIR BRAND? A: MARKETING PERSONALIZATION

    Apr 02, 2019

    Being liked and having a large social following is important for brands these days, but it's not as important as being loved. Social media 'likes' can be purchased thousands of followers at a time but to paraphrase The Beatles, all the marketing money in the world can’t buy your br...

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    /news-article.aspx?ID=16091609

    BARNEYS REFUTES DOWNSIZING

    Apr 02, 2019

    On Monday afternoon a Barneys spokesperson pushed back on reports, which had been swirling for days, regarding downsizing of its main Manhattan store, calling them "incorrect" in an email to Retail Dive. "Barneys New York is committed to maintaining the footprint of its Madison Avenue...

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    A.T. KEARNEY BULLISH ON M&A IN CPG, RETAIL SPACES IN 2019

    Apr 02, 2019

    The CPG and retail sectors will experience "significant" M&A activity in 2019 due to "a large supply of dry powder, falling asset prices, divestiture of non-core assets of strategic companies, and a continuous search for growth," A.T. Kearney said in a report. The group found...

    FOODDIVE
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    /news-article.aspx?ID=16111611

    FIVE BELOW GIVES NEW FUEL TO BRICK-AND-MORTAR RETAIL

    Apr 02, 2019

    Consumers may be curbing their spending, and perhaps even anticipating a new recession, but that could all serve as fuel for certain types of retail expansion — in this case, more brick-and-mortar stores for deep discount chain Five Below. It stands as one recent example of how physical retail...

    PYMNTS
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    /news-article.aspx?ID=16121612

    U.S. RETAIL SALES UNEXPECTEDLY DECLINE ON BUILDING MATERIALS

    Apr 01, 2019

    U.S. retail sales unexpectedly eased in February on declines in grocery stores and building materials, which could potentially reflect cooler weather, though also may signal further headwinds for the economy in the first quarter. The value of overall sales fell 0.2 percent after an upwardly revised ...

    BLOOMBERGQUINT
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    /news-article.aspx?ID=15981598

    FEBRUARY RETAIL SALES INCREASED 2.7 PERCENT OVER 2018

    Apr 01, 2019

    Retail sales were down 0.7 percent in February seasonally adjusted from January but up 2.7 percent unadjusted year-over-year as delays and revisions related to the government shutdown continued to make comparisons difficult, the National Retail Federation said today. The numbers exclude automobile d...

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    SIGNS OF PROGRESS AT H&M AS ONLINE RETAIL PLATFORM ROLLOUT IS COMPLETED?

    Apr 01, 2019

    It’s a sign of the times in the febrile retail sector that a company can announce a hefty store closure program on the back of a drop in profits and see its share price soar by nearly 16%.An uncharitable reading might be that it’s a reflection that things weren’t as bad as investor...

    DIGINOMICA
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    WHY SURPRISE RETAIL SALES DROP IS NO BIG DEAL; DOW JONES SURGES ON CHINA NEWS

    Apr 01, 2019

    Retail sales unexpectedly dipped 0.2% in February, the Commerce Department reported Monday. Outside of autos, retail sales fell 0.4%. The softer-than-expected data continued to muddy the picture of the consumer, despite the strong job market. But timing shifts in government tax refunds and SNAP paym...

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    AMAZON RETAIL GETS $35 MN FROM PARENT TO UP ITS GAME IN FOOD ECOMMERCE

    Apr 01, 2019

    Amazon has invested INR 240 Cr. (approximately $35 Mn) into its food ecommerce arm Amazon Retail India. According to their Ministry of Corporate Filings accessed by Inc42, Amazon has invested through two of its entities including the existing shareholder Amazon Corporate Holdings Pvt. Limited and it...

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    /news-article.aspx?ID=16021602

    OPTICAL RETAILER VISION EXPRESS LAUNCHES NEW STORE IN MUMBAI

    Mar 31, 2019

    Vision Express, India’s leading optical retail chain, launched its latest retail outlet in the prestigious Phoenix Marketcity Mall, Kurla (West) in Mumbai. With over 165 stores in 32 cities, Vision Express has an extensive presence across the country. With an area of 450 sq.ft., this latest Vi...

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    /news-article.aspx?ID=16421642

    GLOBAL E-COMMERCE SALES SURGED TO $29 TRILLION: UNCTAD

    Mar 30, 2019

    Global e-commerce sales grew an annual 13% in 2017 touching an estimated $29 trillion, according to the latest numbers released by the Geneva-headquartered United Nations Conference on Trade and Development (UNCTAD).The global trade body also highlighted that a similar surge was seen in the number o...

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    RETAIL THERAPY: AMAZON IS GOING TO COACHELLA

    Mar 29, 2019

    It's been another weird week in retail. Bathtub tray manufacturers simply don't understand how women use the product, Amazon is all locked up with Coachella and Oreos are the next trend in beer. The salad option is truly the real MVP of possible items that could be placed on a bathtub tray. ...

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    /news-article.aspx?ID=15891589

    RH, STILL RESISTING E-COMMERCE, REPORTS RECORD REVENUE

    Mar 29, 2019

    RH (formerly Restoration Hardware) on Thursday reported record revenue in excess of $2.5 billion for 2018. It also notched record GAAP operating margin of 11.5% and record adjusted operating margins of 12.1% for the year, according to a company press release. Fourth quarter adjusted net revenues wer...

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    /news-article.aspx?ID=15901590

    REUTERS: J. CREW ONCE AGAIN IN DEBT RESTRUCTURING TALKS

    Mar 29, 2019

    J. Crew is once again working with restructuring lawyers as it grapples with its debt amid falling sales and ebbing cash reserves, Reuters reports, citing unnamed sources.The struggling apparel retailer has Weil, Gotshal & Manges LLP on the line, according to the report. That's the same law ...

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    /news-article.aspx?ID=15821582

    BED BATH & BEYOND REPORTEDLY LAYS OFF ALMOST 150

    Mar 29, 2019

    Bed Bath & Beyond this week laid off almost 150 employees, including less than 50 in its flagship store operations and less than 100 in its Christmas Tree Shops stores, CNBC reports.In a statement to Retail Dive, a spokesperson for the retailer declined to confirm those specifics, but said that ...

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    /news-article.aspx?ID=15851585

    NEARLY HALF OF VIETNAMESE SHOPPERS BUY PREMIUM PRODUCTS ONLINE

    Mar 29, 2019

    Forty-eight percent of Vietnamese consumers buy premium products online from local retailers, with cosmetics the top category, a report says. Although the majority of survey respondents, 69 percent, said that they still purchase their premium products at local physical stores, the online ratio was h...

    RETAILNEWS
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    /news-article.aspx?ID=16651665

    AHOLD DELHAIZE TURNS TO AI-POWERED DISTRIBUTION

    Mar 28, 2019

    Ahold Delhaize USA plans to more efficiently stock its store shelves and distribution centers using an artificial-intelligence-driven supply chain solution, according to a company release. The end-to-end forecasting and replenishment system is developed by software firm Relex Solutions and implement...

    GROCERYDIVE
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    /news-article.aspx?ID=15861586

    TARGET INCLUDES SUPPLIER EMISSIONS IN NEW CLIMATE GOALS

    Mar 28, 2019

    Target released new climate goals Wednesday that not only reduce its own carbon emissions targets but also require 80% of the retailer's suppliers set science-based reduction targets by 2023. The retailer committed to reducing emissions by 30% by 2030 (based on 2017 levels) — a goal approv...

    EMMA COSGROVE
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    /news-article.aspx?ID=15871587

    TARGET INCLUDES SUPPLIER EMISSIONS IN NEW CLIMATE GOALS

    Mar 28, 2019

    Target released new climate goals Wednesday that not only reduce its own carbon emissions targets but also require 80% of the retailer's suppliers set science-based reduction targets by 2023. The retailer committed to reducing emissions by 30% by 2030 (based on 2017 levels) — a goal approv...

    RETAILDIVE
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    /news-article.aspx?ID=15881588

    OMNICHANNEL ORDER MANAGEMENT: OPTIMIZING EVERY ORDER, EVERY DAY

    Mar 28, 2019

    It’s complicated. Retailers today are deploying omnichannel capabilities including ship-from-store (SFS), buy online/pickup in-store (BOPIS), save-the-sale, buy online/return in-store (BORIS) and other services that eliminate the traditional wall between online and brick-and-mortar operations....

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    /news-article.aspx?ID=15771577

    INFLUENCER MARKETING STARTUP TRIBE SNAPS UP $7.5M

    Mar 28, 2019

    The self-serve marketplace that helps brands acquire content from micro-influencers raised funding from several investors including Burch Creative Capital. That money will in part help the firm move into the U.S., where its operations will be headquartered at One World Trade Center in Manhattan and ...

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    /news-article.aspx?ID=15781578

    ASOS, DUNKIN' BOOST ENGAGEMENT WITH POLL STICKERS ON INSTAGRAM STORIES ADS

    Mar 28, 2019

    Instagram added polling stickers to Stories ads, giving brands and retailers another way to engage the image-sharing app's users with interactive content. Nine out of 10 campaigns that used poll stickers in a pilot program boosted the number of three-second ad views, according to an announcement...

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    /news-article.aspx?ID=15791579

    52% OF ADVERTISERS COMBINE BUYING FOR DIGITAL VIDEO AND LINEAR TV, STUDY FINDS

    Mar 28, 2019

    Linear TV and premium digital video continued to converge in 2018, as viewership trends were similar and the industry worked to unify advertising across both sectors, according to FreeWheel a Comcast division in its fourth quarter Video Marketplace Report (VMR). Forty percent of all ad views were de...

    MARKETINGDIVE
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    /news-article.aspx?ID=15801580

    AMAZON PAY MAKES AN OFFLINE PUSH WITH ‘SCAN AND PAY’ SERVICE

    Mar 27, 2019

    Amazon Pay, the online payments service owned by the world’s biggest online retailer, is planning to introduce “scan and pay" service at neighbourhood stores, said three people familiar with the matter, requesting anonymity. Amazon has already introduced the payments service in depa...

    LIVEMINT
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    E-COMMERCE ENABLER SHOPMATIC MERGES WITH OCTOPUS RETAIL MANAGEMENT

    Mar 27, 2019

    Singapore-based e-commerce enabler Shopmatic Pte. Ltd said it has merged with Octopus Retail Management Pte. Ltd, also headquartered in the island nation, to create a single entity that will offer omnichannel offerings for small and medium enterprises (SMEs).With the combined entity, online business...

    VCCIRCLE
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    /news-article.aspx?ID=15591559

    E-COMMERCE PAYMENT MARKET SIZE TO SURPASS US$ 1455200 MILLION BY 2024

    Mar 27, 2019

    The newly released research at Market Study Report LLC titled "2019-2024 Global E-commerce Payment Market Report" provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.The global E-commerce Payment market is valued at 78650...

    MARKETWATCH
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    /news-article.aspx?ID=15601560

    HOW FLIGHT DELAYS ARE TURNING AIRPORTS INTO LUXURY MALLS

    Mar 27, 2019

    That’s the impulse luxury retailers are banking on, apparently, as more brands invest in brick-and-mortar stores in international aviation hubs. According to the Wall Street Journal, no less than 33 high-end brands including Gucci, Dior, Hermès, Louis Vuitton and, yes, Prada have signed...

    ROBBREPORT
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    /news-article.aspx?ID=15671567

    7-ELEVEN AND WHOLE FOODS MARKET COULD BE DIRECT COMPETITORS

    Mar 27, 2019

    7-Eleven is adding health-friendly and organic options to a lab store in Dallas to test out new products and platform ideas, according to Retail Dive. While 7-Eleven is attempting to change their product approach, Whole Foods Market is testing out a convenience store location, similar to a 7-Eleven,...

    WHOLEFOODSMAGAZINE
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    /news-article.aspx?ID=15681568

    A GUIDE TO SHOPPING FOR VINTAGE CLOTHING ONLINE

    Mar 27, 2019

    You can’t even walk through a Target these days without seeing some piece of “vintage-inspired” clothing or accessory. From broken-in denim, to band tees, to artfully distressed leather jackets, the vintage look has never gone out of style – even if the items of clothing have...

    ROLLINGSTONE
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    /news-article.aspx?ID=15701570

    UNDER ARMOUR OPENS FIRST STORE IN INDIA

    Mar 27, 2019

    Under Armour has entered the Indian market by opening a store in New Delhi earlier this week, the first of a series of shops the sportswear label intends to open in the country in 2019. Under Armour’s India division will be overseen by Managing Director Tushar Goculdas, who previously served a...

    FASHIONUNITED
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    /news-article.aspx?ID=16431643

    AMAZON IS FIRST CHOICE OF DRUNK SHOPPERS, FINDS SURVEY

    Mar 26, 2019

    You may have risked your life with drunk driving, but have you ever shopped under the influence of alcohol? Well, it turns out a lot of people make at least one drunk purchase.The Hustle ran a survey of more than 2,000-alcohol-consuming American adults and found that drunk shopping is an estimated U...

    ECONOMICTIMES
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    /news-article.aspx?ID=16481648

    SOMEONE'S ADDED UP HOW MUCH WE SPEND DRUNK ONLINE SHOPPING AND, OH BOY

    Mar 26, 2019

    If you've ever made a somewhat rash online purchase after a couple of drinks then you're not alone  a new survey says nearly 4 in 5 people who consume alcohol have shopped on the web while intoxicated. These purchases add up too, with US$444 the average annual spend for a drunk shopper,...

    SCIENCEALERT
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    /news-article.aspx?ID=15711571

    TENCENT SHAREHOLDER NASPERS TO LIST E-COMMERCE VENTURES IN AMSTERDAM

    Mar 26, 2019

    South African internet and media company Naspers is listing its e-commerce businesses – including its $134 billion stake in the Chinese internet giant Tencent – in Europe, the company said in a press release. The company said it would float these as an entity called NewCo on the Euronext...

    MEDIANAMA
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    /news-article.aspx?ID=15611561

    INVESTORS LOOK TO AX BED BATH & BEYOND CEO AND ENTIRE BOARD

    Mar 26, 2019

    A group of investment firms and their affiliates comprising Legion Partners Holdings, Macellum Advisors GP and Ancora Advisors on Tuesday announced the nomination of 16 independent candidates for election to Bed Bath & Beyond's board, which would effectively turn over the board's entire ...

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    /news-article.aspx?ID=15581558

    THE DIFFERENCE BETWEEN MARKETING TO MILLENNIALS AND GENERATION Z

    Mar 26, 2019

    In terms of marketing, millennials and members of Generation Z are often conflated. While both generations consist of younger individuals, there is a significant age difference. The  millennial age range typically falls between 21 and 37, and Generation Z consists of those born after the mid-90...

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    /news-article.aspx?ID=15921592

    AMAZON EYEING ON RETAIL MARKET, PLANS TO LAUNCH 100 KIOSKS IN INDIA

    Mar 26, 2019

    E-commerce giant Amazon after gaining ground in the online market is now eyeing on the offline retail market and to do so Amazon will be launching about 100 mall Kiosks across India. The idea of launching kiosks in such a big number alludes to Amazons bigger plan of making an entry in Indian retail ...

    THEINDIANWIRE
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    /news-article.aspx?ID=16411641

    CREATING IN-STORE CONSUMER CONNECT

    Mar 26, 2019

    What makes a brand outlet stand out from the rest when all of them are grouped together in a mall or on a high street? Simple answer – displays that have the power to make the shopper stop and take notice. Beyond just creating a good looking store with aesthetically appealing displays, today&r...

    INDIARETAILING
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    /news-article.aspx?ID=16371637

    SHOPPERS PROTEST END OF WALMART PRICE-MATCHING TOOL

    Mar 22, 2019

    Customers who use Walmart’s Savings Catcher price-matching tool took to social media to complain after the retailer announced plans to discontinue the service, with some claiming the service had netted them hundreds of dollars in savings.Walmart (NYSE:WMT) sent an email to program members anno...

    BIZJOURNALS
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    /news-article.aspx?ID=15691569

    VIETNAMESE RETAIL TO HIT DOUBLE-DIGIT GROWTH

    Mar 22, 2019

    The retail sector in Vietnam is expected to record double-digit growth between 2019 and 2024, according to a new report that coincides with further upbeat projections delivered at a retail conference in Hanoi. The study, released by global analysts ResearchAndMarkets, noted that although traditional...

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    FASHION INDUSTRY EVENT TO UNPACK WHAT IT TAKES TO WIN AT RETAIL

    Mar 22, 2019

    As the digital convergence “shake out” continues, retailers are shuttering doors, investing in their best physical stores and stepping up investments in e-commerce and online data analytics and marketing. It’s been a painful process. DatabaseUSA describes recent store closings as a...

    WWD
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    /news-article.aspx?ID=15311531

    WEST ELM EMERGES AS WILLIAMS-SONOMA'S BEST GROWTH OPTION

    Mar 21, 2019

    Williams-Sonoma on Wednesday reported that fourth quarter net revenue grew 9.3% to $1.8 billion from $1.7 billion in the year-ago period, while comparable sales in the quarter grew 2.4%. E-commerce net revenue in the period grew 14.3% to $1 billion, accounting for 54.6% of total company net revenues...

    RETAILDIVE
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    /news-article.aspx?ID=15241524

    RESALE CLOTHING MARKET EXPECTED TO DOUBLE IN FIVE YEARS

    Mar 21, 2019

    The total secondhand clothing market will double in the next five years to reach $51 billion and will capture a larger sector of the apparel market than fast fashion by 2028.That's according to a report by resale marketplace ThredUp, whose CEO says, "As the line between new and used apparel...

    BIZJOURNALS
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    /news-article.aspx?ID=15401540

    AMAZON BOOSTS BEAUTY CATEGORY WITH SKINCARE LINE

    Mar 21, 2019

    Amazon has launched a private-label 12-product skincare line called Belei that ranges from moisturizers and masks to acne treatments and eye creams. Belei products are free of parabens, phthalates, sulfates and fragrance and are not tested on animals, Amazon said. Product bottles are made of post-co...

    BIZJOURNALS
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    /news-article.aspx?ID=15411541

    7 MEMORABLE QUOTES FROM AAFA'S EXECUTIVE SUMMIT

    Mar 21, 2019

    The American Apparel and Footwear Association's 2019 Executive Summit in Oxon Hill, Maryland, brought together some of the biggest names in retail for two days last week. The theme of "Demand and Deliver" was explored by senior executives from all parts of the industry, including Aliba...

    RETAILDIVE
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    /news-article.aspx?ID=15471547

    WWD: SEPHORA DEBUTS LOW-PRICE SKINCARE BRAND INKEY LIST

    Mar 21, 2019

    Inkey List, a low-priced skincare brand started by brand builder Be for Beauty, is moving to the U.S. in a partnership with beauty giant Sephora, Women's Wear Daily reports.The line includes products like Turmeric Moisturizer to Vitamin C Serum, each priced under $15. They will debut on Sephora ...

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    /news-article.aspx?ID=15481548

    STUDY: WEARABLES MARKET TO GROW 15% ON STRENGTH OF SMARTWATCHES

    Mar 21, 2019

    The market for wearable technology like smartwatches and wireless headphones that connect to virtual assistants is forecast to grow 15% to 198.5 million units this year, per an announcement from the International Data Corporation (IDC). Yearly growth of about 9% will mean that the wearables market w...

    MOBILEMARKETER
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    /news-article.aspx?ID=15501550

    THE BLUNT TRUTH: CANNABIS RETAIL IS HERE

    Mar 20, 2019

    Just a year after legalizing recreational marijuana, Colorado's licensed retailers in 2016 notched nearly a billion dollars in sales, surprising many observers who didn't reckon the higher priced goods could compete with the black market. Just two years on, Cowen & Co. analysts, noting h...

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    /news-article.aspx?ID=15231523

    73% OF ONLINE SHOPPERS CLICK ON AMAZON PRODUCT ADS WHILE BROWSING, STUDY FINDS

    Mar 20, 2019

    Almost three-quarters (73%) of daily or near daily online shoppers have clicked on an Amazon product ad while browsing the web, and 83% purchased the product and 60% said the ads were helpful. When browsing Amazon, 76% of daily Amazon shoppers have clicked on a product ad, according to Feedvisor'...

    MARKETINGDIVE
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    /news-article.aspx?ID=15491549

    COUNTERFEIT GOODS TOTAL $509B, 3.3% OF GLOBAL TRADE AND GROWING

    Mar 20, 2019

    Counterfeit and pirated goods made up 3.3% of global trade volumes in 2016, totaling an estimated $509 billion, up from 2.5% in 2013, according to a report from the Organization for Economic Cooperation and Development.Footwear, clothing and leather goods topped the list of industries hit most by co...

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    /news-article.aspx?ID=15391539

    GLOSSIER RAISES $100M IN LATEST FUNDING ROUND

    Mar 20, 2019

    Glossier announced Tuesday that it raised $100 million in a Series D funding round, according to a company press release emailed to Retail Dive. Thanks to the new cash, the five-year-old beauty startup is now a unicorn, with a valuation of $1.2 billion, multiple reports stated. A company spokesperso...

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    /news-article.aspx?ID=15251525

    BRANDLESS CO-FOUNDER TINA SHARKEY STEPS DOWN AS CEO

    Mar 20, 2019

    Last week in a blog post, Brandless co-founder Tina Sharkey announced she had stepped down from her position as CEO and moved into a "more focused role" as co-chair of the board of directors. Evan Price, Brandless CFO, will serve as interim CEO as the company looks for a "seasoned ret...

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    /news-article.aspx?ID=15261526

    NINE WEST HOLDINGS REBRANDS IN CH. 11 EXIT

    Mar 20, 2019

    Nine West Holdings on Wednesday announced that, with certain of its affiliates, it has successfully completed its financial and operational restructuring and emerged from Chapter 11 under the majority equity ownership of private equity firm CVC Credit Partners and investment advisory firm Brigade Ca...

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    /news-article.aspx?ID=15271527

    WALMART SPARKS SOCIAL MEDIA UPSET AFTER CUTTING APP-BASED PRICE-MATCHING

    Mar 19, 2019

    Walmart on May 14 will stop offering its app-based Savings Catcher price-matching service in stores, angering customers who expressed their frustration on social media, Business Insider reported. The service, which required customers to have a Walmart.com account and be enrolled in Walmart Pay on th...

    MOBILEMARKETER
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    /news-article.aspx?ID=15371537

    ONLY 7% OF RETAILERS OFFER A SHARED CART ACROSS CHANNELS

    Mar 19, 2019

    Fifty-six percent of consumers said they likely would shop at retailers that offer a shared shopping cart across channels, but only 7% retailers offer that capability, according to a study by BRP entitled, "Special Report: Real-Time Retail." The study also found that 87% of consumers desir...

    RETAILDIVE
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    /news-article.aspx?ID=15121512

    BOLD METRICS DEBUTS SMART SIZE CHART TO REDUCE ONLINE RETURNS

    Mar 19, 2019

    Bold Metrics announced its Smart Size Chart, a machine learning-based solution that shows e-commerce shoppers how clothing items will fit based on their answers to measurement questions and body model data, according to a company press release emailed to Retail Dive.Shoppers provide four to six meas...

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    /news-article.aspx?ID=15131513

    DSW CHANGES CORPORATE NAME TO DESIGNER BRANDS INC.

    Mar 19, 2019

    DSW has changed its corporate name to Designer Brands Inc. "which supports its vision for the future and reflects its expertise in building brands and delivering differentiated experiences," according to a company press release. The company also revealed a three-year strategic plan to buil...

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    /news-article.aspx?ID=15141514

    WHAT WILL RETAIL LOOK LIKE IN 2040?

    Mar 19, 2019

    So much has changed in retail in the last twenty years that it may seem almost impossible to predict what the next 20 years have in store. But market research firm Euromonitor did just that. The company just published a white paper exploring how technology can change commerce and consumer behavior o...

    FASHIONUNITED
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    /news-article.aspx?ID=15151515

    OFFICE OUTLET IS LATEST RETAILER TO GO INTO ADMINISTRATION

    Mar 19, 2019

    The struggling retailer, formerly known as Staples, has 90 stores, predominantly in out-of-town retail parks. Its collapse comes less than a year after its management team resorted to a company voluntary arrangement (CVA) to jettison unwanted stores and slash its rent bill.Deloitte partner Richard H...

    THEGUARDIAN
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    /news-article.aspx?ID=15171517

    REALME PHONES TO BE AVAILABLE IN 600 RETAIL STORES IN UP

    Mar 18, 2019

    Smartphone brand Realme will now be available in top 600 retail-stores in Uttar Pradesh as part of its regional sales strategy, the company said in a release. Realme has already sold 1 lakh smartphones in Uttar Pradesh through offline stores, said Realme India CEO Madhav Sheth. "In Uttar Prades...

    BUSINESS-STANDARD
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    /news-article.aspx?ID=15051505

    LANE BRYANT ANNOUNCES COLLABORATION WITH BEAUTICURVE

    Mar 18, 2019

    Lane Bryant will debut a spring collection with fashion and lifestyle influencer Rochelle Johnson on Wednesday, according to a company press release. Johnson is the founder of fashion and lifestyle blog Beauticurve, which launched in 2013.The 10-piece collection includes dresses and a jumpsuit avail...

    RETAILDIVE
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    /news-article.aspx?ID=15381538

    MACY'S TO OUTSOURCE IT UNIT

    Mar 18, 2019

    Macy's is shuttering a New York State-based tech support plant, with 57 employees slated for lay-offs in June, according to a WARN filing earlier this month. The employees (unlike many of the retailer's store associates) aren't represented by a union, according to the filing. "We...

    RETAILDIVE
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    /news-article.aspx?ID=15571557

    RETAIL THERAPY: WILLIAMS-SONOMA INTERRUPTS EASTER DINNER PLANS

    Mar 15, 2019

    It's been another weird week in retail. Williams-Sonoma's covering Easter dinner this year, Hanes unveiled limited-edition trading cards and Allswell encourages eating in bed. To many people, Easter goes hand-in-hand with springtime and spending time with family. Maybe the air is filled with...

    RETAILDIVE
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    /news-article.aspx?ID=14941494

    ASCENA RETAIL GROUP MULLS ITS OPTIONS AFTER TOUGH Q2

    Mar 15, 2019

    Ascena Retail Group on Thursday reported that second quarter net sales fell to $1.69 billion from $1.72 billion in the year-ago period.Total company comps rose 2%, according to a company press release. By segment, the premium brands Ann Taylor and Loft each saw comps rise 10%. At the value brands, M...

    RETAILDIVE
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    /news-article.aspx?ID=14951495

    TARGET DEBUTS CLEAN LABEL FOR PERSONAL CARE PRODUCTS

    Mar 14, 2019

    Target on Wednesday announced the latest label in a series of wellness icons dedicated to driving transparency regarding the chemicals in products. The addition," Target Clean," is a "clean icon" that indicates products have been formulated without parabens, phthalates, formaldeh...

    RETAILDIVE
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    /news-article.aspx?ID=14821482

    MUJI SINGAPORE TO OFFER HOME RENOVATION PRODUCTS

    Mar 14, 2019

    Muji Singapore is set to expand its offer to include the new Muji Renovation concept. By 2025, Muji Singapore customers might be able to go to the Japanese retailer for a complete home transformation, said Satoru Matsuzaki, president and representative director of Muji owner Ryohin Keikaku. “I...

    RETAILNEWS
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    /news-article.aspx?ID=16661666

    V-MORE EXPANDS THEIR REDEMPTION PRODUCT RANGE TO USERS

    Mar 14, 2019

    Today, V-MORE makes an indelible mark in the e-commerce space with the launch of a luxury fashion line for redemption. Consumers are able to redeem more than 800 products ranging from iconic luxury bags, shoes, apparels to exclusive accessories on V-MORE shopping site. International renowned brands,...

    RETAILNEWS
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    /news-article.aspx?ID=16671667

    6SENSE ANNOUNCES SALESFORCE PARDOT INTEGRATION FOR REVENUE TEAMS TO LAUNCH COMPREHENSIVE ABM PROGRAMS

    Mar 14, 2019

    6sense, a leading Account Based Orchestration Platform, powered by AI, extends its relationship with Salesforce to include an all-new integration with Pardot, Salesforce’s marketing automation solution. This integration combines marketing execution from Salesforce Pardot with the time-based pr...

    SOURCE
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    /news-article.aspx?ID=21212121

    E-COMMERCE IS WIPING OUT MALL RETAILERS ONE BY ONE. HERE’S THE DATA

    Mar 13, 2019

    E-commerce sales in the fourth quarter soared 12.1% from a year ago to a new record of $132.8 billion (seasonally adjusted), the Commerce Department reported this morning. For the whole year 2018, e-commerce sales blew through the $500-billion level for the first time, reaching $513.6 billion, up 14...

    WOLFSTREET
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    /news-article.aspx?ID=14961496

    TESLA STORES START TO RE-OPEN AFTER U-TURN ON RETAIL STRATEGY

    Mar 12, 2019

    Tesla Inc. stores that closed earlier this month in a hasty move that surprised employees, customers and Wall Street are already starting to re-open. In Hawaii, the Tesla store at the International Market Place in Honolulu reopened Monday after shutting its doors on March 3, according to Taubman Cen...

    BLOOMBERGQUINT
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    /news-article.aspx?ID=15031503

    ENTER FOR A CHANCE TO WIN A FREE PASS OR DISCOUNT TO ZOHOLICS

    Mar 12, 2019

    Imagine attending an event where you can connect with experts in one of the most innovative small business software packages around. Zoholics occurs April 9 through 11, 2019 in August, TX.Zoho’s annual user’s conference puts small business owners in the same room with the staff behind th...

    SMALLBIZTRENDS
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    /news-article.aspx?ID=14581458

    SMART WORKING FOR SMALL BUSINESSES

    Mar 12, 2019

    THE SMALL Firms Association, along with Vodafone Ireland is bringing their free ‘Smart Business’ regional workshop in Limerick next month to help businesses grow, scale and succeed in a changing business environment.The workshops will enable business leaders to have a conversation with H...

    LIMERICKPOST
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    /news-article.aspx?ID=14591459

    BASIC SPACE LOOKS TO LEVERAGE THE INFLUENCER ECONOMY

    Mar 12, 2019

    Basic Space debuted a curated mobile app and web-based marketplace for internet influencers to sell their own vintage fashion and pre-owned luxury items, as well as new exclusive products, according to a company press release.Some of the sellers, who are chosen on an invitation-only basis, include S...

    RETAILDIVE
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    /news-article.aspx?ID=14721472

    KOREAN RETAIL BRAND MUMUSO PLANS TO ADD OVER 300 OUTLETS BY MID-2022

    Mar 11, 2019

    South Korean lifestyle brand Mumuso is aiming at a business turnover of Rs 1,000 crore with over 300 outlets in India by mid-2022, a top company official said. The company, which had entered the Indian market in September, 2018 with its stores in Kolkata and Mumbai, plans to expand to other metro an...

    ECONOMICTIMES
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    /news-article.aspx?ID=15041504

    CONVERSATIONAL COMMERCE: HERE'S WHAT RETAILERS ARE TALKING SHOP ABOUT IN 2019

    Mar 11, 2019

    From fire throwers and tap dancers to panels on using storytelling and data to build brands, this year's Shoptalk conference was full of unique takeaways. Executives from legacy retailers like Gap and Nordstrom acknowledged they've been moving too slow, and digitally native brands like Glams...

    RETAILDIVE
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    /news-article.aspx?ID=14541454

    GLAMSQUAD TO LAUNCH MAKEUP LINE IN APRIL

    Mar 11, 2019

    Glamsquad, known for its range of hair, makeup and nail services, will be launching its own makeup line in April, CEO Amy Shecter told Retail Dive in an interview. The move comes after the company launched its own haircare line in December.The collection will be small to start, focused on the essent...

    RETAILDIVE
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    /news-article.aspx?ID=14551455

    SEPHORA TO OPEN 35 US STORES IN 2019

    Mar 11, 2019

    Specialty beauty retailer Sephora plans to open 35 new stores in the U.S. in 2019, according to a company press release emailed to Retail Dive. The slew of openings will start with a new New York location opening at the Hudson Yards development on Thursday.The 35 new locations will be in 32 differen...

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    /news-article.aspx?ID=14561456

    FUTURE RETAIL TO SPEND 200 CRORE FOR NEW BIG BAZAAR OUTLETS IN EAST

    Mar 09, 2019

    Future Retail would spend ₹150-200 crore a year for expansion of Big Bazaar stores in the eastern region, a company official said Saturday.The company would open around 25 such stores from April this year in eastern India, the official said."We have a pipeline of around 25 Big Bazaar stores in ...

    LIVEMINT
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    /news-article.aspx?ID=14641464

    ABERCROMBIE & FITCH PLANS TO CLOSE UP TO 40 STORES THIS YEAR

    Mar 08, 2019

    Abercrombie & Fitch Co. is not finished closing stores, saying this week it will shutter up to 40 this year. Last year about this time the teen apparel retailer had 60 closures planned, but CEO Fran Horowitz noted in a conference call with analysts that just 29 shuttered, reflecting a total squa...

    RETAILDIVE
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    /news-article.aspx?ID=14731473

    THE BRAND THAT AMBUSH-ED CUSTOMERS WITH A $400 CLOTHESPIN

    Mar 08, 2019

    It's been another weird week in retail. Ambush is selling clothespins marketed as earrings, a designer is repurposing all of those lost winter gloves and selling them for half a grand, and Ariana Grande's Starbucks drink isn't even the weirdest food-related travesty we've seen this w...

    RETAILDIVE
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    /news-article.aspx?ID=14741474

    PHILADELPHIA BECOMES THE 1ST US CITY TO BAN CASHLESS CONCEPTS

    Mar 08, 2019

    Philadelphia lawmakers voted to require most retail stores to accept cash starting in July, making it the first major U.S. city to ban cashless stores, according to the Wall Street Journal.A New York City councilman is pushing similar legislation and New Jersey’s legislature recently passed a ...

    RESTAURANTDIVE
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    /news-article.aspx?ID=14761476

    CRAFTSMAN BRAND OWNER SUES SEARS OVER NEW LINE

    Mar 08, 2019

    Stanley Black and Decker — a global tool manufacturer that sells under multiple brands including Craftsman — is suing Sears for the alleged breach of a trademark license agreement related to the iconic Craftsman brand."The longer the Craftsman Ultimate Collection is permitted to be ...

    RETAILDIVE
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    /news-article.aspx?ID=14831483

    AMAZON IS CLOSING POP-UP STORES AS ITS RETAIL STRATEGY EVOLVES

    Mar 07, 2019

    Amazon is closing down its dozens of Pop-Up stores in the United States as it both expands and tries to make sense of its growing retail operations.The Amazon Pop-Up stores are stand-alone kiosks, often in malls, that showcase the company’s devices, like its Fire tablets and Echo speakers. Som...

    LIVEMINT
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    /news-article.aspx?ID=14651465

    AMAZON TO DISCONTINUE POP-UP LOCATIONS

    Mar 07, 2019

    Amazon by the end of next month will close its 87 pop-up kiosks located in U.S. malls, Kohl's and Whole Foods stores as it continues to evolve its brick-and-mortar strategy, according to a Wall Street Journal report.The e-commerce player has been operating some of the pop-up locations since at l...

    RETAILDIVE
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    /news-article.aspx?ID=14321432

    AMERICAN EAGLE OUTFITTERS DENIM SALES TOP $1B

    Mar 07, 2019

    American Eagle Outfitters on Wednesday reported that 13-week fourth quarter net revenue rose 1%, or $15 million, to $1.24 billion from $1.23 billion for the previous-year quarter, which was 14 weeks long. The one-week net revenue loss was about $60 million, according to a company press release. Cons...

    RETAILDIVE
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    /news-article.aspx?ID=14331433

    RETAIL CONSULTING & MARKETING AGENCY IS SEEKING CONSULTANTS AND FREELANCERS IN LOS ANGELES

    Mar 07, 2019

    Do you feel creativity and collaboration is part of your DNA? If you like to work independently across multiple projects simultaneously- and know how to use your expertise to coach brands and retailers by creating custom solutions (such as, but not exclusive to branding, market entry strategy, digit...

    FASHIONISTA
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    /news-article.aspx?ID=15071507

    IS SEARCH ABOUT TO GET TOO GOOD TO BE GOOD FOR RETAIL?

    Mar 06, 2019

    Tech refinements presented at Shoptalk are based on the idea that shoppers know what they want. But discovery is sometimes more productive when it's inefficient.At Shoptalk, several players retailers like American Eagle, social media companies like Pinterest and tech juggernauts like Google ...

    RETAILDIVE
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    /news-article.aspx?ID=14221422

    ROSS ISSUES WEAK OUTLOOK DESPITE BEATING EARNINGS

    Mar 06, 2019

    Ross on Tuesday reported fourth quarter earnings were down nearly 2% to $442 million, compared to $451 million in the year-ago period. Total sales in the quarter were $4.1 billion, while same-store sales were up 4%. The company reported earnings per share for the quarter were $1.20, which beat FactS...

    RETAILDIVE
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    /news-article.aspx?ID=14231423

    MORE AND MORE RETAILERS ARE USING THIS RETAIL WORKFORCE MANAGEMENT SYSTEM

    Mar 06, 2019

    Retailers nowadays need to be fast and innovative in order to stay ahead. SameSystem understands that like no other. This fast-growing Danish company presents the optimal retail workforce management system at RetailEXPO in London - made by and especially for retailers.London is the place-to-be on 1s...

    FASHIONUNITED
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    /news-article.aspx?ID=14421442

    MACY'S USES AR TO MAKE ITS STORES "AN AMAZING PLACE TO SHOP"

    Mar 06, 2019

    Macy's has set out to improve its customer's experience both online and in stores. The retailer announced its upcoming introduction of an augmented reality tool in its beauty department and interactive fragrance displays to help shoppers discover products.Launching in the spring of this year...

    FASHIONUNITED
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    /news-article.aspx?ID=14661466

    DIRECTIVE RANKS #1 IN CLUTCH’S TOP B2B MARKETING SERVICE PROVIDERS

    Mar 06, 2019

    Directive, the leading B2B and enterprise search marketing agency, has recently been honored as the number one B2B marketing and advertising service provider in Los Angeles, according to Clutch. Clutch is a B2B research, ratings and reviews site that identifies leading IT and marketing service provi...

    SOURCE
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    /news-article.aspx?ID=20312031

    THE SHIFT TO COMMUNITY-DRIVEN MARKETING

    Mar 05, 2019

    The changing landscape of marketing is on the minds of many brands and retailers at Shoptalk, and within that broad topic, creating a community for customers — and engaging that community through marketing — is a focus for a diverse range of businesses. The solutions range from simply li...

    RETAILDIVE
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    /news-article.aspx?ID=14461446

    MACY'S EXPANDS AR BEAUTY TRY-ONS TO ALL APP USERS

    Mar 05, 2019

    Macy's expand an augmented reality (AR) feature to all mobile app users, per an announcement. Working with AR beauty company Modiface, the Macy's app this spring will let mobile users virtually try on more than 1,000 cosmetics products among major brands. The experience will also be availabl...

    RETAILDIVE
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    /news-article.aspx?ID=14521452

    DOLLAR SHAVE CLUB EXPANDS PRODUCTS AMID LIFESTYLE PUSH

    Mar 05, 2019

    Three years ago, Dollar Shave Club cemented its reputation as the razor company when it struck up a $1 billion sale to Unilever. The digitally native brand that launched in 2011 with a viral video about men's razors had by then built up a loyal following of male shoppers who opted into a subscri...

    RETAILDIVE
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    /news-article.aspx?ID=14241424

    ART PECK: 'WE'RE OPENING GAP STORES'

    Mar 05, 2019

    Days after stunning the retail world with the news that Gap Inc. would disappear into two indepedent entities Old Navy and a to-be-named company now designated as "NewCo" and that 230 Gap stores, mostly in the U.S., would close, CEO Art Peck told a Shoptalk keynote audience Monday that the...

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    /news-article.aspx?ID=14341434

    GAP, INC. EYES JANIE AND JACK IN GYMBOREE AUCTION

    Mar 04, 2019

    In court documents filed Saturday, Gymboree named Gap, Inc. as the likely buyer of its Janie and Jack line, being "the highest and best offer" for the business. The sale will still need to be approved, however, at a later hearing.The children's retailer also named the likely acquirer o...

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    /news-article.aspx?ID=14001400

    MARBLE RIDGE REBUFFS NEIMAN MARCUS FINANCIAL AGREEMENT

    Mar 04, 2019

    Marble Ridge Capital, a Neiman Marcus creditor, on Friday sent a letter to the board of directors of the luxury department store retailer in response to a recently proposed financial agreement with creditors to extend its debt maturities by three years. The company argues the proposed agreement &quo...

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    /news-article.aspx?ID=14021402

    UPS LAUNCHES FULFILLMENT PLATFORM FOR SMALL AND MEDIUM SELLERS

    Mar 04, 2019

    UPS launched a new eFulfillment platform to connect small- and medium-sized businesses on 21 online marketplaces including Amazon, eBay and Etsy to UPS fulfillment services. UPS claims the solution enables businesses to easily handle their orders and inventory across various marketplaces from a sing...

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    /news-article.aspx?ID=14041404

    H&M ENDS PRINT CATALOG AFTER 39 YEARS

    Mar 03, 2019

    H&M announced on Thursday that it will be discontinuing its catalog business, according to a company press release. Final catalogs were published the week of April 29.The catalog originated with the 1980 purchase of mail order business Rowells and is currently published in six of 72 markets.The ...

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    /news-article.aspx?ID=17621762

    DOONEY & BOURKE LAUNCHES 1ST MOBILE APP

    Mar 01, 2019

    Handbag and leather goods retailer Dooney & Bourke teamed up with mobile commerce platform company PredictSpring to create and roll out its first mobile app, according to a press release.Features will include app-based campaigns and offers like a "Bag of the Week" promotion, and a pers...

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    /news-article.aspx?ID=14111411

    AMAZON UNVEILS PROJECT ZERO TO FIGHT COUNTERFEITS

    Mar 01, 2019

    Amazon on Thursday announced Project Zero, a series of measures designed to keep counterfeit products off its marketplace and protect sellers of authentic products, according to an Amazon blog post.The capabilities include automated protections, described as a machine learning-based tool that scans ...

    RETAILDIVE
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    /news-article.aspx?ID=14131413

    NEIMAN MARCUS, LENDERS REACH FINANCIAL AGREEMENT THAT INCLUDES MYTHERESA

    Mar 01, 2019

    Neiman Marcus and majority noteholders and term lenders have reached an agreement to extend the maturities of the notes and term loans by three years, according to documents filed with the SEC on Friday morning. The company has nearly $5 billion in debt. In the document, the company noted it resumed...

    RETAILDIVE
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    /news-article.aspx?ID=14011401

    KOREAN WAVE FUEL 25% GROWTH IN KOREAN E-COMMERCE EXPORTS

    Mar 01, 2019

    South Korea’s online exports surged 25 percent in 2018 from a year ago on the back of growing demand for K-beauty and K-pop related items such as album records and stationery supplies, government data showed. According to Korea Customs Service, Korea’s electronic commerce (e-commerce) ex...

    RETAILNEWS
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    /news-article.aspx?ID=14251425

    DEBTWIRE: PIER 1 LENDERS ORGANIZE AMID CONCERNS OF FINANCIAL DETERIORATION

    Mar 01, 2019

    A group of Pier 1 lenders have organized amid concerns the company's deteriorating financial situation will require a balance sheet overhaul, three sources familiar with the situation told Debtwire.The lenders tapped Brown Rudnick as legal counsel to assist in next steps, the sources said. Pier ...

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    /news-article.aspx?ID=14361436

    L BRANDS TO SHUTTER 53 VICTORIA'S SECRET STORES

    Feb 28, 2019

    L Brands on Wednesday reported fourth quarter sales rose to $4.85 billion from $4.82 billion in the year-ago quarter, as net income fell to $540 million from $664 million a year ago.The company's Victoria's Secret lingerie brand continues to struggle. The brand's comps declined 3%, as co...

    RETAILDIVE
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    /news-article.aspx?ID=14351435

    DSW DOUBLES DOWN ON NAIL SERVICES

    Feb 28, 2019

    DSW is expanding its partnership with W Nail Bar to add nail salons beyond those in Columbus, Ohio, to five additional stores in Austin, Texas; Washington, D.C., and Dublin, Ohio. This is a new addition for the Austin and D.C. markets, the company said in a press release emailed to Retail Dive. The ...

    RETAILDIVE
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    /news-article.aspx?ID=14841484

    MARSHALLS LOOKS ONLINE FOR GROWTH

    Feb 28, 2019

    Later this year, visitors to Marshalls.com will actually be able to buy something.Off-price retailers like those in TJX Cos.' stable have remained steadfast brick-and-mortar players, expanding their footprints at a time when other retailers are shrinking theirs, and giving short shrift to digita...

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    /news-article.aspx?ID=14031403

    DTC BRANDS REAP THE REWARDS AND RISKS OF TAKING A STAND

    Feb 28, 2019

    Newcomers like Billie, Knix and AUrate benefit from customer relationships built on mission. But bolder stances invite scrutiny of their promises.When Joanna Griffiths began researching a business idea for her inclusive-focused intimates brand Knix, there was one thing that kept coming up in her int...

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    /news-article.aspx?ID=13901390

    J.C. PENNEY TO SHUTTER 18 STORES, BIG & TALL SUBSCRIPTION

    Feb 28, 2019

    J.C. Penney will shutter 18 full-line stores this year nearly all in the second quarter including three previously announced closures, according to a company press release published Thursday detailing the company's fourth quarter performance.Additionally, on March 1 the company will also discont...

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    /news-article.aspx?ID=13941394

    SHOPTALK 2019: IBM HELPS RETAILERS DELIVER HAPPINESS. AGAIN AND AGAIN.

    Feb 27, 2019

    You’re a successful retailer. You’ve worked hard to win customers' loyalty. But the market has changed and their loyalty is suddenly at risk. Instead of delivering products – as you’ve always done  customers now expect you to meet and exceed expectations at every tou...

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    /news-article.aspx?ID=13931393

    NPR: WALMART'S ELIMINATION OF GREETERS IS IMPACTING WORKERS WITH DISABILITIES

    Feb 27, 2019

    Many Walmart greeters with disabilities are expecting to lose their jobs after April 25 or 26, according to an NPR investigation that looked into Walmart's larger shift to transition the job into a "customer host" role.The name change comes along with a recent shifting of duties in the...

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    /news-article.aspx?ID=13911391

    TJX PROFITS DIP AS Q4 SALES AND TRAFFIC SURGE

    Feb 27, 2019

    TJX Companies on Wednesday reported fourth quarter net sales rose 2% year over year to $11.1 billion, as consolidated comparable store sales rose 6%, on top of a 4% increase in that metric in the year-ago quarter. Net income fell to $841.5 million from $877.3 million a year ago, according to a compa...

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    /news-article.aspx?ID=14151415

    COSTCO SURPASSES AMAZON IN CUSTOMER SATISFACTION SURVEY

    Feb 27, 2019

    Costco has bested Amazon in consumer satisfaction among online retailers, according to the latest American Consumer Satisfaction Index report. Since 2010, Amazon has held the number one spot but dropped 4% this year to a score of 82 while Costco reached 83 out of 100. The report cites Costco's K...

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    /news-article.aspx?ID=14161416

    HARRODS PARTNERS UP WITH FARFETCH ON NEW E-COMMERCE PLATFORM

    Feb 26, 2019

    Harrods and Farfetch are working together on a global e-commerce platform for the centenary London department store. Farfetch subsidiary Farfetch Black & White Solutions will provide Harrods with e-commerce management, operations support, international logistics support, and technical support, a...

    FASHIONUNITED
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    /news-article.aspx?ID=14431443

    ETSY WELCOMES MORE BUYERS AND SELLERS

    Feb 26, 2019

    Etsy on Monday reported fourth quarter revenue rose 46.8% year-over-year to $200 million, driven by growth in both its marketplace and services. Its active buyer base grew 18.2% year over year in the quarter, and trailing twelve-month gross merchandise sales (GMS) per active buyer accelerated for th...

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    /news-article.aspx?ID=13891389

    SEARS HAS 46 SMART APPLIANCES THAT WORK WITH ALEXA

    Feb 26, 2019

    Forty-six Kenmore smart appliances have earned Works with Alexa certification, a specification that indicates compatibility with voice commands from Amazon’s virtual assistant, according to a Sears Holdings press release.Smart appliances that can receive voice commands via Alexa include washer...

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    /news-article.aspx?ID=14141414

    ANTHROPLOGIE TO LAUNCH PLUS SIZES

    Feb 25, 2019

    On March 15 Anthropologie will launch inclusive sizing with its first plus size apparel line, "APlus," the brand told Retail Dive in an email. Sizing available from the brand as of that day will be petites (00P – 14P), "straight" sizes (00 – 16) and plus (16W – ...

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    /news-article.aspx?ID=14121412

    WALMART LAUNCHES BABY LINE WITH KRISTEN BELL, DAX SHEPARD

    Feb 25, 2019

    Walmart on Monday launched "Hello Bello," an exclusive line of plant-derived baby products developed by husband-and-wife duo Dax Shepard and Kristen Bell, who are parents themselves.The 10 products diapers, wipes, shampoo and body wash, bubble bath, baby lotion, diaper rash cream, hand san...

    RETAILDIVE
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    /news-article.aspx?ID=13921392

    CONVERSATIONAL COMMERCE: WHY EVERYONE IS TALKING ABOUT WOMEN IN RETAIL

    Feb 25, 2019

    The numbers are stark: While women represent about 60% of all people working in retail, only 10% hold executive board roles. Women in retail only receive about half the amount of venture capital funding of their male counterparts. And the number of female CEOs of Fortune 500 companies is shrinking. ...

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    /news-article.aspx?ID=14451445

    AMAZON TO TRAIN VIETNAMESE SMALL FIRMS IN E-COMMERCE

    Feb 25, 2019

    Amazon will train 100 Vietnamese businesses to develop their business on its platform. According to the Department of Trade Promotion, Amazon Global Selling will identify 100 small and medium-sized enterprises (SMEs) for its “Supporting Vietnamese enterprises to boost exports via Amazon”...

    RETAILNEWS
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    /news-article.aspx?ID=14261426

    MOST BOPIS SHOPPERS MAKE ADDITIONAL PURCHASES IN STORE

    Feb 25, 2019

    Over half (68%) of more than 2,000 U.S. shoppers surveyed by return service Doddle have made multiple buy online, pick up in-store purchases, and 50% of respondents have decided where to shop online based on whether or not they could pick up in-store, according to a Doddle press release emailed to R...

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    /news-article.aspx?ID=14861486

    APPLE TAPS FORMER MICROSOFT EXEC TO LEAD SMART HOME DEVELOPMENT

    Feb 22, 2019

    Apple has hired Sam Jadallah, one-time Microsoft executive and founder and CEO of now-defunct smart lock maker Otto, to steer its smart home efforts, according to a CNBC report.Apple has not announced the move, but Jadallah's LinkedIn profile now states "Working on Home at Apple" as hi...

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    /news-article.aspx?ID=14911491

    HBC SHUTS DOWN HOME BUSINESS, EYES SAKS OFF-PRICE CLOSURES

    Feb 22, 2019

    HBC, which runs North American retailers Saks Fifth Avenue, Hudson's Bay, Lord & Taylor and off-price retailer Saks OFF 5TH, on Thursday said it is shutting down its Home Outfitters business in Canada and is "performing a fleet review of Saks OFF 5TH's 133 stores." The company ...

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    /news-article.aspx?ID=14531453

    RETAIL DEFAULTS TO EASE, BUT HURDLES AHEAD FOR WEAKER PLAYERS

    Feb 22, 2019

    Over the last three years, retail has commanded one of the highest default rates among U.S. industries. While big names like Sears and Bon-Ton filed for bankruptcy last year, the spec-grade retail default forecast has fallen sharply from its peak of 19% in 2017 to 4.3% for a year from now, according...

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    /news-article.aspx?ID=13881388

    PURPLE ROLLS OUT ADJUSTABLE PILLOW

    Feb 21, 2019

    Purple, a direct-to-consumer company that got its start in mattresses, unveiled the Purple Plush Pillow this month. The pillow features a zipper that allows users to adjust between a soft and a firm feel.The Purple Plush Pillow, priced at $49, is more affordable than the company's original Purpl...

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    /news-article.aspx?ID=13791379

    ARTIFICIAL INTELLIGENCE IN RETAIL – COULD THIS ACTUALLY BE A BLESSING IN DISGUISE?

    Feb 21, 2019

    Artificial Intelligence (AI) has the tremendous power to shape up the retail stores. AI technology has already passed its infancy stage and now it is capable of dominating various industries of the market.The increase in the AI based startups is proof for this. The AI startups have risen more than 1...

    TECHGENYZ
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    /news-article.aspx?ID=13801380

    AMAZON GAAT VOLUIT VOOR EXCLUSIEVE DEALS MET MERKEN

    Feb 21, 2019

    The strategic turnaround of Amazon to no longer produce exclusive products themselves, but to have them made by third parties, is running at full speed. By the end of 2018, the e-commerce giant had already concluded 223 exclusive deals. That last year Amazon changed the rifle of shoulder and no long...

    RETAILDETAIL
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    /news-article.aspx?ID=13761376

    PAY IT DOWN: HOW MILLENNIALS' RELATIONSHIPS WITH CREDIT CARDS WILL CHANGE RETAIL

    Feb 21, 2019

    Handing over a credit card has always been in the realm of the mundane. A shopper stands in line at a store, gives a cashier a card, cash, (or, for a while, a check), then takes the receipt and is out the door. But in the midst of a retail tech revolution, nothing is routine. The process in which a ...

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    /news-article.aspx?ID=14441444

    WALGREENS TO ACCEPT ALIPAY FOR CHINESE VISITORS

    Feb 20, 2019

    There will be another payment option for Chinese travelers shopping at U.S. Walgreens locations. As the following Retail Dive article reports, Walgreens will begin accepting the mobile pay app in major U.S. markets this week. Starting this week, 3,000 U.S. Walgreens stores, including locations in Ne...

    PAYMENTSJOURNAL
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    /news-article.aspx?ID=13621362

    REPORT: WALMART BRINGS WEBSITE AD SALES IN-HOUSE

    Feb 20, 2019

    Walmart is bringing its website ad sales and the related analytics work in-house, according to Ad Age. The account has been handled by WPP’s Triad, and the move eliminates most of the work for Triad, which WPP acquired less than three years ago. The transition is expected to last through May. ...

    MARKETINGDIVE
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    /news-article.aspx?ID=13651365

    INDITEX'S PULL & BEAR ENTERS US MARKET

    Feb 20, 2019

    Inditex, the Spanish fast-fashion conglomerate, began selling its teen-focused Pull & Bear apparel brand in its 34th online market the U.S. beginning Tuesday, the company said in an email to Retail Dive.As of October 2018, the company operated 970 Pull & Bear stores, down from 986 the year p...

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    /news-article.aspx?ID=13741374

    RETAIL STORE SPENDING REBOUNDS IN JANUARY

    Feb 20, 2019

    Spending in retail stores was up 3 per cent in January compared to a year ago, marking one of the biggest annual gains in the Australian economy, according to the Commonwealth Bank’s latest Business Sales Indicator (BSI).This is despite lower footfall in shopping centres every week of the mont...

    INSIDERETAIL
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    /news-article.aspx?ID=13541354

    CVS HAS A MIXED QUARTER AS IT ENVELOPS AETNA

    Feb 20, 2019

    CVS Health on Wednesday reported that fourth quarter revenue rose 12.5% to $54.4 billion, in a period that it completed its $70 billion acquisition of health insurer Aetna. Revenues in the quarter from front-store retail plus long-term care operations rose 5.4% to $22 billion, mostly driven by a pre...

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    /news-article.aspx?ID=13591359

    US HOLIDAY RETAIL SALES GREW 2.9% TO $707.5 BN IN 2018

    Feb 19, 2019

    Holiday retail sales during 2018 in US grew a lower-than-expected 2.9 per cent over the same period in 2017 to $707.5 billion, said the National Retail Federation (NRF). The numbers fell short of NRF’s forecast last fall that holiday sales from November 1 through December 31 would grow between...

    FIBRE2FASHION
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    /news-article.aspx?ID=13601360

    AMAZON EXCLUSIVE BRANDS NOW OUTNUMBER ITS PRIVATE LABELS

    Feb 19, 2019

    Amazon exclusive sales partnerships with outside brands — deals that grant it a small percentage of sales for exclusive distribution — now outnumber Amazon's private label offerings across most product categories, according to a Gartner L2 study, a copy of which was shared with Retai...

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    /news-article.aspx?ID=13511351

    ETSY ERROR RESULTS IN UNAUTHORIZED WITHDRAWALS FROM SELLERS' ACCOUNTS

    Feb 19, 2019

    A payment error on Friday resulted in a number of Etsy sellers discovering that money had been taken out of bank accounts which were connected to their Etsy stores.The Etsy Community forum was flooded over the weekend with complaints of sums of money going missing. Multiple sellers alleged that the ...

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    /news-article.aspx?ID=13521352

    EX-BARCLAYS HEAD: QATAR CAPITAL WAS NOT VITAL TO BANK’S HEALTH

    Feb 19, 2019

    During a fraud trial on Tuesday (Feb. 19), the former chairman of Barclays bank said that Qatar was “not as central” to the bank’s plans to fundraise billions in 2008, according to a report in the Financial Times.Marcus Agius was speaking during a trial of four former Barclays exec...

    PYMNTS
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    /news-article.aspx?ID=13531353

    AML SCANDAL LEADS TO DANSKE EXIT FROM RUSSIA, BALTICS

    Feb 19, 2019

    Danske Bank, which was involved in one of the biggest money laundering scandals of all time, will no longer do business in Russia or the neighboring Baltic states, according to a report in Reuters.The Danish bank made the decision after Estonian officials ordered the bank to close its branch in the ...

    PYMNTS
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    /news-article.aspx?ID=13661366

    AMAZON PRIVATE-LABEL PARTNERSHIPS TOP PRIVATE-LABEL BRANDS

    Feb 19, 2019

    The eCommerce giant Amazon’s efforts to create its own private-label offerings in different product categories appears to be on the rise, with the company reportedly recruiting partners in its Amazon Exclusives program, reported Retail Dive. According to the unsourced report, by offering more ...

    PYMNTS
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    /news-article.aspx?ID=13781378

    WALMART TO PROVIDE GLIMPSE INTO HOW IT FARED WITH AMAZON

    Feb 18, 2019

    Walmart will provide an update as to how the retailer did against Amazon during the holiday shopping season when it reports fourth-quarter results. And while the retailer is expected to show profit margins that are the lowest in years, it’s also expected to report an increase in sales, reporte...

    PYMNTS
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    /news-article.aspx?ID=13421342

    WALMART’S EARNINGS WILL REVEAL HOW WELL ITS WAR WITH AMAZON IS PLAYING OUT

    Feb 18, 2019

    Everyone knows the old joke about Whole Foods the grocery store so expensive that it might as well be called “Whole Paycheck.” Whole Foods always maintained that nickname was unfair but after the $6 asparagus water incident in 2015 it was hard to take those denials all that seriously. No...

    PYMNTS
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    /news-article.aspx?ID=13431343

    BARNEY’S NEW YORK INCORPORATES CANNABIS ACCESSORIES

    Feb 15, 2019

    Barney’s New York has agreed to sell Beboe cannabis accessories. The promotion is set to launch in March 2019. The luxury brand will stock cannabis products, including rolling papers, pipes, and storage boxes.Barneys is not licensed to sell cannabis, but will redirect store visitors to Beboe&r...

    CANYON-NEWS
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    /news-article.aspx?ID=13771377

    EBAY CONSOLIDATES REGIONAL OPERATIONS

    Feb 15, 2019

    EBay is consolidating regionally-focused groups within its organization into a single global leadership team reporting to Jay Lee, senior vice president, general manager of markets, according to a company press release.The change will result in layoffs affecting an undisclosed percentage of the glob...

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    /news-article.aspx?ID=13751375

    EMARKETER: AMAZON TO CAPTURE 47% OF ALL U.S. ONLINE SALES IN 2019

    Feb 15, 2019

    Walmart, which overtook Apple last year to become the third largest U.S. e-tailer, is pulling farther ahead of the tech giant. But it has a long ways to go to catch up with leader Amazon. Walmart’s e-commerce sales will grow nearly 33% this year to $27.81 billion, according to eMarketer, which...

    CHAINSTOREAGE
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    /news-article.aspx?ID=13451345

    EMARKETER: AMAZON TO CAPTURE 47% OF ALL U.S. ONLINE SALES IN 2019

    Feb 15, 2019

    Walmart, which overtook Apple last year to become the third largest U.S. e-tailer, is pulling farther ahead of the tech giant. But it has a long ways to go to catch up with leader Amazon. Walmart’s e-commerce sales will grow nearly 33% this year to $27.81 billion, according to eMarketer, which...

    CHAINSTOREAGE
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    /news-article.aspx?ID=13461346

    AMAZON GO SECURES SPACE IN THE HEART OF LONDON

    Feb 15, 2019

    For the first time, Amazon has expanded its Go store concept outside of the United States, according to The Grocer. The cashier-free store will be located in central London. It is not yet known how many stores the retail giant plans to open in London, Reuters reported, but it will likely compete aga...

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    /news-article.aspx?ID=13611361

    MACY'S NAMES NEW CHIEF MERCHANDISING OFFICER

    Feb 13, 2019

    Macy’s on Tuesday announced that Patti Ongman has been named chief merchandising officer, effective March 1, succeeding Jeff Kantor.Ongman, who has been at Macy’s for 33 years, now serves as executive vice president and general business manager for home merchandise, according to a compan...

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    /news-article.aspx?ID=13261326

    AMAZON LAUNCHES LIVE-STREAMING SHOPPING

    Feb 13, 2019

    Amazon launched a dedicated portion of its website called Amazon Live, which delivers live-streaming videos that showcase products from various brands, according to a report from TechCrunch.The Amazon Live page is already populated with dozens of videos from several different brands. Many of the vid...

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    /news-article.aspx?ID=13271327

    AMAZON LOCKERS TO DEBUT AT COACHELLA

    Feb 13, 2019

    Amazon is setting up Amazon Lockers at the Coachella Valley Music and Arts Festival this year. For the two weekends of the event (April 12-14 and April 19-21) customers can ship orders to the lockers at no extra charge, the company said in a press release emailed to Retail Dive.To encourage such ord...

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    /news-article.aspx?ID=13281328

    CANNABIS RETAILER INKS US DEAL WITH SIMON PROPERTY GROUP

    Feb 13, 2019

    Green Growth Brands, a cannabis goods maker and retailer that is publicly traded in Canada, on Wednesday announced the opening of its first Seventh Sense CBD Shop at the Fayette Mall in Lexington, Kentucky, (now owned by CBL & Associates Properties), the first location of hundreds planned nation...

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    /news-article.aspx?ID=13291329

    AMAZON TO ACQUIRE WI-FI ROUTER COMPANY EERO

    Feb 13, 2019

    Amazon is acquiring eero, a company that makes mesh-based Wi-Fi systems that allow consumers to extend comprehensive network coverage to every room in their homes, according to an Amazon press release.Eero leverages an app-based method of setting up Wi-Fi access points in different rooms of a home, ...

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    /news-article.aspx?ID=13341334

    UNDER ARMOUR PLANS TO BE 'A LOUDER BRAND' IN 2019

    Feb 12, 2019

    Under Armour on Tuesday reported revenue of $1.4 billion, an increase of 2%, for the fourth quarter, according to a company press release. Wholesale revenue was $737 million, up 1% from the year-ago period, and direct-to-consumer revenue was $577 million, flat from a year ago.Net income for the athl...

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    /news-article.aspx?ID=13171317

    JOHNSTON & MURPHY BRAND CHIEF TO RETIRE

    Feb 12, 2019

    Jon Caplan, CEO of Johnston & Murphy and Genesco's Branded Group, will retire in June, according to a press release published Monday by Genesco Inc., which runs several retail banners in the U.S., Canada and Europe. Caplan is a longtime veteran of the company beginning at the Johnston & ...

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    /news-article.aspx?ID=13181318

    CONTACTLESS PAYMENTS TO DRIVE GLOBAL CARD EXPENDITURES

    Feb 12, 2019

    Global spending via payment cards is expected to reach $45.2 trillion by 2023, representing average annual growth of 10% from 2017 to 2023, according to London-based research firm RBR.The firm’s report, “Global Payment Cards Data and Forecasts to 2023,” stated that $25.1 million wo...

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    /news-article.aspx?ID=13191319

    LUNAR NEW YEAR SPARKED SURGE IN MOBILE PAYMENTS AMONG CHINESE TRAVELLERS

    Feb 12, 2019

    Alipay revealed that overseas consumption per capita by Chinese travelers from smaller cities during this month’s Lunar New Year celebrations grew faster than those traveling from China’s largest cities, such as Beijing, Shanghai and Guangzhou, according to an Alipay press release.The nu...

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    /news-article.aspx?ID=13201320

    LUNAR NEW YEAR SPARKED SURGE IN MOBILE PAYMENTS AMONG CHINESE TRAVELLERS

    Feb 12, 2019

    Alipay revealed that overseas consumption per capita by Chinese travelers from smaller cities during this month’s Lunar New Year celebrations grew faster than those traveling from China’s largest cities, such as Beijing, Shanghai and Guangzhou, according to an Alipay press release.The nu...

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    /news-article.aspx?ID=13211321

    HBC CLOSES LORD & TAYLOR FLAGSHIP SALE

    Feb 11, 2019

    Hudson's Bay Company on Monday said it has closed the sale of its Lord & Taylor Fifth Avenue building to WeWork Property Investors for a total transaction value of CA$1.1 billion, or $850 million.As a result, HBC has eliminated the approximately $400 million Lord & Taylor mortgage and ha...

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    /news-article.aspx?ID=13351335

    RASPBERRY PI OPENS FIRST EXPERIENTIAL RETAIL STORE

    Feb 11, 2019

    The Raspberry Pi Foundation, a U.K.-based charity that makes low-cost, credit card-sized computers, opened its first brick-and-mortar store in what it described as an "experiential space," in Cambridge, U.K., according to a Raspberry Pi press release emailed to Retail Dive.The new store al...

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    /news-article.aspx?ID=13101310

    NEIMAN MARCUS CHANGES APPROACH TO RETAIL INNOVATION

    Feb 11, 2019

    Neiman Marcus intends to shut down its retail innovations lab. Called the Neiman Marcus iLabs, the platform had been operated by Scott Emmons since 2012. Emmons announced his departure from the retailer to join consultancy firm TheCurrent Global as he no longer believes retail innovation can happen ...

    FASHIONUNITED
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    /news-article.aspx?ID=15061506

    POST TOYS R US, MATTEL AND HASBRO ON DIFFERENT PATHS

    Feb 08, 2019

    Hasbro shares early Friday plunged more than 10% after the toymaker, which sells popular brands like Nerf, My Little Pony, Transformers, Play-Doh and Monopoly, reported that fourth quarter net revenues fell 13% to $1.39 billion while net earnings rose to $8.8 million from its $5.3 million loss in th...

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    /news-article.aspx?ID=13371337

    FOOT LOCKER INJECTS $100M INTO SNEAKER COMPANY GOAT GROUP

    Feb 07, 2019

    Foot Locker announced Thursday that it made a "strategic investment" of $100 million in sneaker marketplace GOAT Group, which also owns consignment retailer Flight Club after a merger of the two businesses a year ago.The fresh funding from the athletics retailer brings the total raised by ...

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    /news-article.aspx?ID=12971297

    J.C. PENNEY PULLS APPLIANCES, FURNITURE FROM US STORES

    Feb 07, 2019

    J.C. Penney announced Wednesday it would discontinue the sale of appliances and furniture items in its U.S. stores effective Feb. 28. The company noted that the products would remain available on its website and in select Puerto Rico stores.Removing showrooms from stores and freeing up in-store real...

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    /news-article.aspx?ID=12981298

    WALMART DEBUTS SIZE-INCLUSIVE JEANS ONLINE

    Feb 07, 2019

    Walmart this week debuted a new size-inclusive denim line, Sofía Jeans by Sofía Vergara, to be sold only online.Nearly 100 items in the collection include jeans, denim jackets, fashion tops and graphic tees, range in size 0- 20 in jeans, skirts and shorts, and extra-small to triple ext...

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    /news-article.aspx?ID=12991299

    QVC LAUNCHES MOBILE APP WITH SHOPPABLE VIDEO, UNVEILS NEW LOGO

    Feb 07, 2019

    QVC introduced Q Anytime, a new shopping app with an "ever-changing" shoppable video content feed, and unveiled a new visual identity and logo, according to a company press release.Q Anytime, currently available as an iPhone app, is intended to complement the company's flagship app wit...

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    /news-article.aspx?ID=13001300

    RETAIL GROUP FORECASTS SOLID RETAIL SALES GROWTH FOR 2019

    Feb 06, 2019

    The National Retail Federation, the nation’s largest retail trade group, forecasts that retail sales should grow between 3.8 percent and 4.4 percent to more than $3.8 trillion this year as shoppers remain in the mood to spend in a strong economy and job market.The forecast, released Tuesday, i...

    APNEWS
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    /news-article.aspx?ID=13441344

    CHARLOTTE RUSSE FILES FOR CHAPTER 11 BANKRUPTCY, TO CLOSE 4 MICHIGAN STORES

    Feb 05, 2019

    Charlotte Russe Holdings Corp. will wind down and close 94 stores, including four in Michigan, after filing for Chapter 11 bankruptcy.The California-based young women's fashion retailer is also seeking to sell the business and its assets, it said Monday in a news release announcing the Sunday fi...

    CRAINSDETROIT
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    /news-article.aspx?ID=13091309

    NIKE OPENS POP-UP STORE BASED ON ITS SNKRS APP

    Feb 05, 2019

    Nike opened a SNKRS pop-up store in Atlanta that serves users of the brand's SNKRS mobile app with shoes, apparel and other merchandise, including access to new shoe drops, until the end of March, according to a Nike blog post. Nike will make limited-edition shoes available at the SNKRS Atlanta ...

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    /news-article.aspx?ID=12811281

    FULLBEAUTY FILES, EXITS BANKRUPTCY IN 24 HOURS

    Feb 04, 2019

    FullBeauty Brands won approval of its prepackaged bankruptcy in 24 hours. The restructuring plan hands over the company's ownership to a group of lenders and slashes $900 million in debt. FullBeauty Brands filed for bankruptcy on Feb. 3 in the U.S. Bankruptcy Court for the Southern District of N...

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    /news-article.aspx?ID=12831283

    AUSTRALIAN RETAIL INVESTMENT VOLUMES HIT THE THIRD HIGHEST LEVEL ON RECORD

    Feb 04, 2019

    JLL’s latest annual Australian Shopping Centre Investment Review and Outlook 2019 talks about the ever evolving retail sector creating opportunities for investors. In 2018, sales volumes remain elevated, recording the third highest level of transactions on record at $8.1 billion. The type of s...

    SHOPPINGCENTRENEWS
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    /news-article.aspx?ID=13361336

    AMAZON'S PHYSICAL STORE SALES FALL 3%

    Feb 01, 2019

    Amazon on Thursday said that fourth quarter net sales rose 20% to $72.4 billion from $60.5 billion in the year-ago quarter; North America net sales rose 18% to $44.1 billion. Services sales rises overshadowed product net sales growth, as subscriptions rose 25% to $3.96 billion, "other" (mo...

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    /news-article.aspx?ID=12841284

    FRANCESCA'S EXPLORES STRATEGIC ALTERNATIVES, POSSIBLE SALE

    Jan 31, 2019

    Francesca's is exploring "strategic and financial alternatives" including a possible sale, financing or a refinancing, the company said Thursday in a press release. The company hired Rothschild & Co and other advisors to assist in the process.Executive shuffling is also in order. C...

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    /news-article.aspx?ID=12561256

    FRANCESCA'S EXPLORES STRATEGIC ALTERNATIVES, POSSIBLE SALE

    Jan 31, 2019

    Francesca's is exploring "strategic and financial alternatives" including a possible sale, financing or a refinancing, the company said Thursday in a press release. The company hired Rothschild & Co and other advisors to assist in the process.Executive shuffling is also in order. C...

    RETAILDIVE
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    /news-article.aspx?ID=12571257

    TARGET ACCELERATOR WELCOMES 10 NEW BEAUTY START-UPS

    Jan 31, 2019

    Target Takeoff, one of several of the retailer's accelerators, is entering its third year with a fresh lineup of 10 emerging beauty brands, according to a company blog post published Wednesday.While the program will largely follow last year's model, Target widened the scope of participating ...

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    NEIMAN MARCUS CALLS ON BLVD FOR BEAUTY TOUCH-UP

    Jan 31, 2019

    Neiman Marcus on Wednesday announced a partnership with Hudson BLVD Group to bring BLVD, a "multi-brand luxury beauty destination," to certain Neiman Marcus locations, starting with the Short Hills, New Jersey, store on Friday, Feb. 1 and the upcoming Hudson Yards location opening in New Y...

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    /news-article.aspx?ID=12641264

    WHAT AMAZON'S LAST-MILE DELIVERY AMBITIONS MEAN FOR CARRIERS

    Jan 30, 2019

    Last-mile delivery has created a slew of issues that couriers and logistics companies have been working at for a long time. Recently, retailers have taken the issue into their own hands in attempts to ease that headache themselves.Target acquired Shipt for $550 million in 2017 and it has since rolle...

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    WALMART SCORES FANATICS PARTNERSHIP AHEAD OF SUPER BOWL

    Jan 30, 2019

    Just ahead of the big Super Bowl game this weekend, Walmart is making a deal to woo sports fans. On Tuesday, the big-box retailer announced a long-term partnership with Fanatics, one of the largest sellers of licensed sports apparel.Through the partnership, the two will launch a specialty shop of fa...

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    ALIBABA STEADFAST AMID CHINA TURBULENCE

    Jan 30, 2019

    Alibaba on Wednesday reported that its December quarter revenue rose 41% to RMB 117.3 billion ($17.06 billion), buoyed by its cloud computing business, where revenue rose 84% year-over-year to RMB 6.6 billion. Revenue from core commerce rose 40% to RMB 102.8 billion. Annual active consumers on its C...

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    /news-article.aspx?ID=12591259

    KOHL'S TO BRING WEIGHT WATCHERS STUDIO TO CHICAGO STORE

    Jan 30, 2019

    Kohl's is moving into the health and wellness area. On Tuesday, the department store retailer unveiled a pilot program with WW — previously known as Weight Watchers — for an in-store WW Studio. Select Kohl's stores and Kohls.com will begin offering WW Healthy Kitchen products in ...

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    /news-article.aspx?ID=12551255

    WALGREENS TO BUY 63 PHARMACY STORES FROM SHOPKO

    Jan 29, 2019

    Drugstore chain Walgreens has agreed to buy 63 pharmacy stores from US-based retail chain Shopko through a bankruptcy auction.According to the documents from the United States Bankruptcy Court, the auction was conducted at the offices of Kirkland & Ellis on 23 January. The bid is currently subje...

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    CHINA TO SURPASS USA IN TOTAL RETAIL THIS YEAR: EMARKETER

    Jan 29, 2019

    China will displace the U.S. as the world's top retail market in 2019, surpassing the USA market by more than US$100 billion, according to eMarketer's latest worldwide retail and e-commerce forecast.This would mean more than 35 percent of all Chinese retail sales will occur online, by far th...

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    APPLE EXPANDS FREE 'TODAY AT APPLE' SESSIONS

    Jan 29, 2019

    Apple is expanding its program of free Today at Apple sessions, allowing store visitors to learn about creative skills such as photography, video, music, coding, app development and art and design, among other things, according to a company press release.The sessions are collected into three formats...

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    DISCOVER PARTNERS WITH GARMIN FOR SMARTWATCH PAYMENTS

    Jan 29, 2019

    Discover and Garmin International have teamed up to allow Discover cardholders to pay for products and services through the Garmin Pay contactless payment platform available on many Garmin smartwatches, according to a Discover press release.Garmin Pay is enabled by FitPay, and is available on severa...

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    WALGREENS SCOOPS UP 63 SHOPKO PHARMACIES AT CH.11 AUCTION

    Jan 28, 2019

    In a bankruptcy auction last week, Walgreens took the highest number of Shopko pharmacy assets, or 63 stores, according to documents from the United States Bankruptcy Court For The District Of Nebraska. "We are pleased with the auction results and pending final approvals of the bankruptcy court...

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    /news-article.aspx?ID=12411241

    NEARLY 30% OF SHOPPERS APPLIED FOR A STORE CREDIT CARD OVER THE HOLIDAYS

    Jan 28, 2019

    Nearly three in ten Americans applied for a store credit card during the 2018 holiday season, according to a CompareCards.com report.Thirty-two percent of people who applied were not approved. Of those who were approved, nearly half said they would pay off their card in one month or less.Younger mil...

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    /news-article.aspx?ID=12421242

    76 WTO MEMBERS PUSHING FOR NEW E-COMMERCE RULES

    Jan 27, 2019

    Impatient with a lack of World Trade Organization rules on the explosive growth of e-commerce, 76 members - including the United States, China, the European Union and Japan - agreed on Friday to start negotiating a new framework.China, which is locked in a trade war with the United States, signaled ...

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    UNSECURED SEARS CREDITORS LINE UP LITIGATION

    Jan 25, 2019

    A committee of unsecured Sears creditors are taking steps to file a lawsuit against ESL Investments and Sears Chairman Eddie Lampert. On Wednesday, the committee filed a motion calling for a hearing to air their grievances regarding Lampert and ESL's role in the demise of the 126-year-old retail...

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    /news-article.aspx?ID=12231223

    75% OF SEARCH SHOPPING IMPRESSIONS OCCUR ON MOBILE, KENSHOO FINDS

    Jan 25, 2019

    E-commerce channel advertising (ECA) saw a fivefold surge last year as marketers piled into Amazon Ads, according to a quarterly report by digital ad platform Kenshoo provided to Mobile Marketer. Mobile remained the fastest-growing segment of paid search, with three out of four search shopping impre...

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    WALMART RAISES WAGES, INTRODUCES MENTORING FOR TRUCK DRIVERS

    Jan 24, 2019

    Walmart will raise truck driver wages by one cent per mile and provide additional payment for every arrival, bringing drivers' per mile rate to roughly 89 cents — boosting the average yearly salary of a driver to $87,500, according to an article published on the company's website.The r...

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    THE REALREAL REPORTEDLY MULLS IPO

    Jan 24, 2019

    The RealReal is in discussions with investment banks about launching an initial public offering later this year, according to Reuters, which cited unnamed sources.The upscale resale site has sent out requests for proposals to advisors and underwriters that might manage an IPO, Reuters reports.With t...

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    AMAZON TESTS SMALL AUTONOMOUS DELIVERY VEHICLE

    Jan 24, 2019

    Amazon announced it is testing a new delivery robot or what the company in a blog post describes as a "fully-electric delivery system"  called "Amazon Scout" in a neighborhood in Snohomish County, Washington .The company said six Amazon Scout devices have begun delivering pa...

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    FOOT LOCKER DEBUTS 'POWER STORE' IN NORTH AMERICA

    Jan 24, 2019

    Foot Locker on Wednesday unveiled its newest store model, dubbed the "Power Store," on 8 Mile Road in Eastpointe, Michigan, just outside of Detroit, according to a company press release.The more than 8,500-square foot space features a women's shop-in-shop and a Kids Foot Locker. The co...

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    /news-article.aspx?ID=12261226

    HOW THE SHARING ECONOMY IS SHAPING THE FUTURE OF RETAIL

    Jan 24, 2019

    In 2008, a startup called Airbnb began to popularize the sharing economy. The concept was simple: If you have extra space in your home, list it on Airbnb and people will rent it out. You get paid and the visitor has somewhere cheaper and homier than a hotel to stay.  A year later, Uber arrived ...

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    /news-article.aspx?ID=12311231

    CHINA RETAIL GROWTH LEAPFROGS US

    Jan 24, 2019

    E-commerce and a surge in its middle class are pushing China retail sales growth this year to outpace the U.S. for the first time. Retail sales in China are poised to grow 7.5% to $5.64 trillion, well above the 3.3% rise in the U.S. to $5.53 trillion, according to a study from digital commerce resea...

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    /news-article.aspx?ID=12321232

    SHOPRUNNER GAINS UPS INVESTMENT, ACQUIRES ANTI-FRAUD FIRM PRECOGNITIVE

    Jan 23, 2019

    ShopRunner, operator of a mobile marketplace app and two-day free shipping service, announced that UPS has invested in the company, and also that ShopRunner separately has acquired artificial intelligence-based fraud prevention start-up Precognitive, according to a ShopRunner press release.UPS may u...

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    /news-article.aspx?ID=12481248

    BRANDLESS LAUNCHES PET AND BABY CATEGORIES

    Jan 23, 2019

    Brandless, a direct-to-consumer home essentials startup, is expanding its assortment to include pet and baby products, CEO and Co-founder Tina Sharkey told Retail Dive in an interview.In baby, Brandless now offers organic food pouches and teething wafers, plant-based baby wipes, unscented baby lotio...

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    /news-article.aspx?ID=12401240

    ALMOST HALF OF AMAZON ADVERTISERS SPEND MORE THAN $40K PER MONTH, STUDY FINDS

    Jan 23, 2019

    Fifty-seven percent of brands that sell on Amazon are advertising on the site, and 97% of brands see value in advertising on Amazon, with 69% saying they see a “great deal” of value and more than one-quarter see some value, according to a new report by Feedvisor, titled “Brands &am...

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    /news-article.aspx?ID=12161216

    BLOOMINGDALE'S BEAUTY DEPARTMENT CHANGES ITS LOOK

    Jan 22, 2019

    Following the lead of many other department stores, Bloomingdale's announced a new 36,408-square-foot beauty department at its 59th Street flagship in New York on Jan. 16, according to a press release emailed to Retail Dive, featuring services like a hair and nail bar, and spa rooms.Other update...

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    /news-article.aspx?ID=12071207

    FLIPKART INVESTS $201M IN WHOLESALE UNIT AMID E-COMMERCE MARKET SHAKE-UP

    Jan 22, 2019

    Indian e-commerce giant Flipkart has invested about $201 million into its wholesale unit as the company seeks to fight off Amazon amid intense competition and regulatory changes in India, according to LiveMint and other published reports.The move comes after new rules were proposed last month that w...

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    /news-article.aspx?ID=12331233

    DAVID'S BRIDAL EMERGES FROM BANKRUPTCY

    Jan 22, 2019

    In just shy of two months, David's Bridal is emerging from bankruptcy, according to a company press release. With a "substantially stronger balance sheet and a clear strategy for the future," the company said it is now "poised for long-term growth."The company reduced its deb...

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    /news-article.aspx?ID=12251225

    ECOMMERCE BRANDS FIND A HOME AT THE MALL

    Jan 21, 2019

    Digitally-native brands are testing the brick-and-mortar retail waters, and, now, new malls are set to have entire spaces designed around them: Hudson Yards, which is under development in Manhattan by the Related Companies and Oxford Properties Group, will reportedly house a dedicated floor for thes...

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    /news-article.aspx?ID=11991199

    GROCERY ECOMMERCE SHOPPERS PREFER 3RD-PARTY DELIVERY SERVICES OVER GROCERS' OWN

    Jan 21, 2019

    While the number of grocers building out their ecommerce infrastructure grows every year, most customers prefer to use alternative delivery services such as Google Express, Instacart or Ocado, according to a new report from Paris-based multinational consulting corporation Capgemini. Titled "The...

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    MICKEY DREXLER STEPS DOWN AS CHAIRMAN OF J. CREW

    Jan 19, 2019

    J. Crew announced on Friday the retirement of its chairman and former CEO Millard "Mickey" Drexler, according to a press release. Drexler is leaving the company to "devote his full time to the development of Drexler Ventures, LLC and other interests." Chad Leat, who has served as...

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    /news-article.aspx?ID=12731273

    GOOGLE ACQUIRES SMARTWATCH INTELLECTUAL PROPERTY FROM FOSSIL

    Jan 18, 2019

    Google is buying Fossil Group's intellectual property related to its smartwatch technology in a $40 million deal that appears to be aimed at giving Google more of a hardware play in the smartwatch market, according to a Fossil press release.As part of the deal, some members of Fossil Group's...

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    SIGNET HIT WITH $11M PENALTY FOR DECEPTIVE CREDIT PRACTICES

    Jan 18, 2019

    New York State Attorney General Letitia James and the Consumer Financial Protection Bureau (a federal office established in 2010 through the post-financial crisis Dodd-Frank Wall Street Reform and Consumer Protection Act), on Wednesday announced an $11 million settlement with Sterling Jewelers Inc. ...

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    /news-article.aspx?ID=11911191

    WALMART RAMPS UP GROCERY DELIVERY WITH 4 NEW SERVICE PROVIDERS

    Jan 18, 2019

    Walmart will add four last-mile delivery providers to its grocery delivery fleet, the retailer announced. Point Pickup, Skipcart, AxleHire and Roadie will start delivering Walmart grocery orders to customers in four states with further expansions to be announced "in the coming weeks," acco...

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    /news-article.aspx?ID=12101210

    GYMBOREE FILES BANKRUPTCY FOR 2ND TIME IN 2 YEARS

    Jan 17, 2019

    Gymboree Group filed for Chapter 11 bankruptcy late Wednesday night, with plans to shutter all of its Gymboree and Crazy 8 stores and operations, according to a company press release. The filing comes a little over a year after the retailer exited its first bankruptcy in 2017.The children's reta...

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    /news-article.aspx?ID=11831183

    NIKE RETURNS TO SELF-LACING SHOE WITH MORE REFINED TECHNOLOGY

    Jan 17, 2019

    Athletic apparel and footwear giant Nike announced the Nike Adapt BB, a new self-lacing basketball shoe that continually adjusts to the wearer's fit need, accompanied by a mobile app and Adapt firmware to control the ongoing adjustments, according to a Nike News post. The power-lacing feature re...

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    WALMART AND VC FIRMS SEE TWO PATHS FOR DTC BRANDS

    Jan 16, 2019

    These days there's a direct-to-consumer brand for everything. Of course, there are the established examples, like Warby Parker and Bonobos. Then there are a younger set of venture capital-fueled darlings like Away, Allbirds and Casper. Look deeper and you'll find an onslaught of digitally na...

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    /news-article.aspx?ID=11751175

    WILL A CHINA SLOWDOWN HURT RETAILERS?

    Jan 16, 2019

    Several retail stocks suffered early this week as news broke that the Chinese government is taking further measures to shore up economic growth — adding to existing jitters about the Chinese consumer's ability to maintain what has been a healthy pace of consumption for years now.Worries ha...

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    /news-article.aspx?ID=11761176

    L'OCCITANE BUYS BRITISH SKINCARE BRAND ELEMIS FOR $900M

    Jan 16, 2019

    French cosmetics retailer L’Occitane earlier this week said it will acquire U.K. skincare brand Elemis for $900 million in cash. The transaction is expected to close in the first quarter of 2019, the companies said.Elemis has been owned by Steiner Leisure Limited, a portfolio company of global...

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    /news-article.aspx?ID=12091209

    NBC PLANS AD-SUPPORTED STREAMING SERVICE FOR 2020

    Jan 15, 2019

    Comcast's NBCUniversal plans to launch a free, ad-supported streaming service for pay-TV subscribers in 2020, according to a press release. For those who don't subscribe to pay TV, the streaming product will cost about $12 a month. The timing launch means that it will likely include content ...

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    /news-article.aspx?ID=12171217

    FDI E-COMMERCE RULE: AMAZON'S FOOD BUSINESS, FUTURE RETAIL STAKE ACQUISITION IN LIMBO

    Jan 15, 2019

    The government’s revised foreign direct investment (FDI) policy for the e-commerce sector poses a serious challenge to Amazon’s existing food-only retail business as the US-based online retail behemoth will discontinue selling food on its website Amazon.in from February 1, the Economic T...

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    /news-article.aspx?ID=11701170

    DIGITAL PERSONAL SHOPPING ASSISTANT VERA DEBUTS AT NRF'S BIG SHOW

    Jan 15, 2019

    Piktorlabs has launched a new digital personal shopping assistant, called VERA, which can be used in-store or through e-commerce sites and mobile apps to provide fashion recommendations based on social media trends, according to a Piktorlabs press release.The digital concierge, which also can be int...

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    /news-article.aspx?ID=11921192

    STUDY: 73% OF CONSUMERS WANT SELF-SERVICE TECHNOLOGY

    Jan 15, 2019

    About 73% of 526 shoppers surveyed by IoT and mobile device management firm SOTI said they prefer retail self-service technologies, such as self-checkout, over engaging with store associates, a 10.6% increase from last year.At the same time, about 76% of respondents said retailers that use mobile te...

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    /news-article.aspx?ID=11671167

    AMERICAN EAGLE LAUNCHES DRESSING ROOM TECHNOLOGY

    Jan 15, 2019

    American Eagle Outfitters partnered with Aila Technologies to showcase interactive fitting room technology at the 2019 National Retail Federation conference. Shoppers use touch-screens installed in each dressing room to scan items, look up product information, request additional sizes, see in-store ...

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    /news-article.aspx?ID=11681168

    STUDY: 73% OF CONSUMERS WANT SELF-SERVICE TECHNOLOGY

    Jan 15, 2019

    About 73% of 526 shoppers surveyed by IoT and mobile device management firm SOTI said they prefer retail self-service technologies, such as self-checkout, over engaging with store associates, a 10.6% increase from last year.At the same time, about 76% of respondents said retailers that use mobile te...

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    /news-article.aspx?ID=11941194

    THE RIGHT DECISIONS ARE NEVER TOUGH DECISIONS: RETAIL EXECS ON TAKING A STAND

    Jan 14, 2019

    Retail may be a business, but day one of the National Retail Federation's Big Show wasn't all about money. The conference also touched on philosophical questions about what it means to be a good leader and what a retailer's role in social issues should be — and there were multiple ...

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    NBC PLANS AD-SUPPORTED STREAMING SERVICE FOR 2020

    Jan 12, 2019

    Comcast's NBCUniversal plans to launch a free, ad-supported streaming service for pay-TV subscribers in 2020, according to a press release. For those who don't subscribe to pay TV, the streaming product will cost about $12 a month. The timing launch means that it will likely include content ...

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    /news-article.aspx?ID=12181218

    REPORT: AMAZON OFFERS INFLUENCERS COMMISSIONS UP TO 10%

    Jan 11, 2019

    Amazon is reportedly expanding its influencer marketing program, with several microinfluencers being accepted into Amazon's Influencer Program, Business Insider reported. Amazon has also been running ads on Instagram to target influencers.Influencer marketing platform Influence.co created a tool...

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    /news-article.aspx?ID=12151215

    L'OCCITANE COMMITS TO 100% SUSTAINABLE PLASTICS

    Jan 11, 2019

    L'Occitane Group signed a deal with Loop Industries to supply the company with 100% sustainable PET plastic, the company stated in a press release. Loop Industries is a technology company that provides sustainable plastic solutions that meet FDA food-grade packaging requirements to corporations....

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    /news-article.aspx?ID=13111311

    HOW IS THE RETAIL ECONOMY DOING? NOT BAD, IF ELECTED OFFICIALS STAY OUT OF THE WAY

    Jan 11, 2019

    If you’re not quite sure what to make of the economy and how tightly you should close your wallet you’re not alone.Some data point to growth. Some data point to a slowdown. Some retailers are flailing. Others are optimistic.One retail trade association is among those looking at 2019 thro...

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    /news-article.aspx?ID=13121312

    ULTA SHAREHOLDERS URGE COURT TO HEAR USED COSMETICS CLAIMS

    Jan 11, 2019

    A group of Ulta shareholders on Tuesday urged the court to hear a class action lawsuit over the retailer's alleged practice of repackaging and reshelving returned cosmetics to sell them at full price. The group is supporting plaintiff's objection to dismiss the claim, which was filed March 2...

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    /news-article.aspx?ID=11611161

    REPORT: AMAZON OFFERS INFLUENCERS COMMISSIONS UP TO 10%

    Jan 11, 2019

    Amazon is reportedly expanding its influencer marketing program, with several microinfluencers being accepted into Amazon's Influencer Program, Business Insider reported. Amazon has also been running ads on Instagram to target influencers.Influencer marketing platform Influence.co created a tool...

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    /news-article.aspx?ID=11851185

    SUPPLIER CLAIMS SHOPKO OWES $67M

    Jan 11, 2019

    McKesson Corporation, a pharmaceutical drug supplier, alleges that Shopko made “written misrepresentations regarding its solvency and its ability to pay for pharmaceuticals” and would not pay McKesson for products Shopko received, according to court documents obtained by Retail Dive.McKe...

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    /news-article.aspx?ID=11861186

    POINT OF SALE (POS) TERMINALS MARKET OVERVIEW AND SCOPE BY 2022

    Jan 10, 2019

    This report helps you to understand the driving forces behind the popularity of these systems across various end-use industries. The report includes widespread analysis of the industry drivers, restraints, opportunities and market trends. The report segregates the market based on type, components, a...

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    /news-article.aspx?ID=11301130

    LAMPERT REVISES SEARS BID TO EXCEED $5B

    Jan 10, 2019

    An affiliate company of ESL Investments, the hedge fund belonging to Sears Holdings Chairman Eddie Lampert, on Wednesday submitted a revised bid of roughly $5 billion for the company. That comes on the heels of a Tuesday court hearing, during which Sears said it would consider a new bid from ESL at ...

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    /news-article.aspx?ID=11361136

    WEWORK DEBUTS TEMPORARY SHOPPABLE LONDON OFFICE

    Jan 10, 2019

    WeWork partnered with influencer shopping platform LIKEtoKNOW.it to open a shoppable pop-up space at Aviation House in Holborn, London on Tuesday, according to a company press release emailed to Retail Dive.During the month of January, the office will offer items from Matalan, Urban Outfitters, Amaz...

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    /news-article.aspx?ID=11371137

    SQUARE OFFERS SDK TO ALLOW MERCHANTS TO PROCESS IN-APP PAYMENTS

    Jan 10, 2019

    Square has launched the Square In-App Payments Software Development Kit, which will allow developers, merchants and other sellers to use Square to process payments within their own branded mobile apps, according to a Square blog post. The In-App Payments SDK can be used to create an end-to-end, PCI-...

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    /news-article.aspx?ID=11381138

    AMAZON USES CUSTOMER DATA TO SEND FREE SAMPLES

    Jan 09, 2019

    Amazon is testing a program where consumer product brands like Maybelline and Folgers pay to send free samples to Amazon customers based on data indicating what they may buy, according to a report from Axios.Amazon declined to comment to Retail Dive on the story, and pointed to its page on "Ama...

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    /news-article.aspx?ID=11391139

    SEPHORA AMERICAS NAMES HEAD OF BENEFIT COSMETICS NEW CEO

    Jan 09, 2019

    On Tuesday, Sephora announced that Jean-André Rougeot would be the new CEO of Sephora Americas, effective Feb. 4, according to a company press release emailed to Retail Dive. He replaces Calvin McDonald, who left the beauty retailer to take over as CEO of Lululemon in August. Rougeot has spen...

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    /news-article.aspx?ID=11401140

    WALGREENS TAPS ZEBRA FOR IN-STORE MOBILE DEVICES

    Jan 09, 2019

    Walgreens is using handheld mobile computers and tablets from Zebra Technologies in all of its U.S. stores for capabilities such as assisted selling, inventory management and order set-up for customers who want items shipped to the store or to their homes, according to a Zebra Technologies press rel...

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    /news-article.aspx?ID=11591159

    THREE THINGS RETAIL CFOS NEED TO KNOW ABOUT PARTNER MARKETING

    Jan 09, 2019

    In the partner marketing world, lots of articles are published on the channel’s value to marketing and business development leaders. But for chief financial officers (CFOs), not so much. Which is unfortunate because CFOs are often much less familiar with the dynamics of this fast-growing sales...

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    /news-article.aspx?ID=11271127

    ROCKING DEALS PLANS TO OPEN 500 RETAIL STORES IN 5 YEARS

    Jan 09, 2019

    Rocking Deals, India's leading online retail store marketplace for buying and selling electronics and all major categories such as mobile phones, cameras and appliances etc., is planning to launch more than 500 retail stores in the next five years across the nation. The company's move is in ...

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    /news-article.aspx?ID=11281128

    ROCKING DEALS PLANS TO OPEN 500 RETAIL STORES IN 5 YEARS

    Jan 09, 2019

    Rocking Deals, India's leading online retail store marketplace for buying and selling electronics and all major categories such as mobile phones, cameras and appliances etc., is planning to launch more than 500 retail stores in the next five years across the nation. The company's move is in ...

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    /news-article.aspx?ID=11291129

    GOOGLE ASSISTANT TO BE AVAILABLE ON 1B DEVICES

    Jan 09, 2019

    Google announced during the Consumer Electronics Show in Las Vegas this week that Google Assistant will be available on 1 billion devices by the end of January, representing a doubling of the voice-activated assistant's installed base since May 2018, according to a Google blog post.Also at CES, ...

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    /news-article.aspx?ID=11501150

    E-COMMERCE FDI RULES: AMAZON, FLIPKART FIND IT DIFFICULT TO GROW PRIVATE LABEL BUSINESS

    Jan 09, 2019

    Online retail behemoths such as Flipkart and Amazan are in a bind over what to do about their private labels, following the announcement of revised rules for foreign direct investment (FDI) in e-commerce. In an attempt to accelerate growth, these e-tailers had planned to make private labels a major ...

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    /news-article.aspx?ID=11511151

    NEIMAN MARCUS TO PAY $1.5M SETTLEMENT OVER 2013 DATA BREACH

    Jan 09, 2019

    Neiman Marcus will pay $1.5 million to 43 states over a 2013 data breach that exposed customer credit card data, Texas Attorney General Ken Paxton announced Tuesday.The breach, which was disclosed to the public in Jan. 2014, occurred over a three month period the year prior. Roughly 370,000 Neiman M...

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    /news-article.aspx?ID=11691169

    RETAIL TRENDS OF 2019: THE EVER-INCREASING IMPORTANCE OF TECHNOLOGY AND E-COMMERCE

    Jan 08, 2019

    Technology continues to play a huge role in consumers’ choices. Companies that have learned to embrace it and master it will be the winners for 2019.In recent years, big-name retailers that have filed for bankruptcy, closed stores or shuttered their doors (think Sears, Toys R Us, and Aeroposta...

    FORBES
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    TRADER JOE’S, COSTCO, AMAZON LEAD DUNNHUMBY RETAIL RANKINGS

    Jan 08, 2019

    Thirteen U.S. retail food banners many representing so-called “alternative formats” to traditional U.S. supermarkets scored in the top quartile of Dunnhumby’s annual Retailer Preference Index (RPI), which examines companies based on consumer perceptions in seven drivers of customer...

    WINSIGHTGROCERYBUSINESS
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    /news-article.aspx?ID=11251125

    SAMSUNG SHOWS OFF ROBOTS FOR HEALTH CARE AND RETAIL STORES

    Jan 08, 2019

    Samsung Electronics Co. showed off robots at the CES technology conference in Las Vegas, including one for retail stores and another in the health-care space. Samsung Electronics Co. showed off robots at the CES technology conference in Las Vegas, including one for retail stores and another in the h...

    FINANCIALEXPRESS
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    /news-article.aspx?ID=11261126

    AMAZON GO COULD GENERATE $4.5B WITH PLAN FOR 3K STORES

    Jan 07, 2019

    A report by RBC Capital Markets emailed to Retail Dive explored how Amazon Go could change the convenience store shopping experience and the possibility that the concept could expand to Whole Foods stores or be licensed to other companies. RBC estimated that the average Amazon Go store generates bet...

    RETAILDIVE
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    /news-article.aspx?ID=11071107

    STARBOARD URGES DOLLAR TREE TO UNLOAD FAMILY DOLLAR

    Jan 07, 2019

    Starboard Value LP, which owns about 1.7% of Dollar Tree's outstanding shares, on Monday said that it has delivered a letter to Dollar Tree President and CEO Gary Philbin, Executive Chairman Bob Sasser and the dollar store retailer's board of directors urging action on its Family Dollar unit...

    RETAILDIVE
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    /news-article.aspx?ID=11081108

    AMAZON IS NOW AMERICA’S MOST-VALUABLE FIRM

    Jan 07, 2019

    Amazon has eclipsed Microsoft as the most valuable publicly traded company in the U.S. as a see-sawing stock market continues to reshuffle corporate America's pecking order.The shift occurred Monday after Amazon's shares rose 3 percent to close at $1,629.51 and lifted the e-commerce leader&#...

    14NEWS
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    HOW DTC BRANDS SEE THE PURPOSE OF STORES

    Jan 06, 2019

    The days of pure-play retail are in the rearview mirror for digitally native brands. Over the next five years, the burgeoning cohort of direct-to-consumer companies could open up to 850 stores. But don't expect them to serve the same purpose as, say, a Macy's, Target or Walmart.For companies...

    RETAILDIVE
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    THE CONTAINER STORE TAKES A HIT AFTER WEAK HOLIDAY NUMBERS

    Jan 06, 2019

    The Container Store on Tuesday reported consolidated net sales fell 0.6% to $221.6 million in the third quarter. Net sales in the company's retail business rose 0.5% to $204.9 million, and third-party net sales took a hit, falling 12.6% to $16.7 million, which the company attributed to "for...

    RETAILDIVE
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    /news-article.aspx?ID=12901290

    APPLE RETAIL CHIEF ANGELA AHRENDTS TO LEAVE THE COMPANY

    Jan 06, 2019

    Apple on Tuesday announced the April departure of Angela Ahrendts, who has been senior vice president of retail for five years and led a bold brick-and-mortar expansion initiated by predecessor Ron Johnson. The company now operates 35 online stores and 506 retail stores on five continents.Deirdre O&...

    RETAILDIVE
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    /news-article.aspx?ID=12911291

    50% OF RETAILERS LIST A MOBILE SHOPPING APP AS A TOP PRIORITY

    Jan 06, 2019

    Fifty percent of retailers surveyed by Shopgate said a mobile shopping app is a top priority for their omnichannel strategies, while 45% listed mobile points of sale as another key to their plans, according to a recent Shopgate report titled "The New Rules for Omnichannel Retailing."Additi...

    RETAILDIVE
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    /news-article.aspx?ID=12921292

    RETAIL STORE FINED RS13K FOR CHARGING ON PAPER CARRY BAGS

    Jan 06, 2019

    The District Consumer Disputes Redressal Forum in Chandigarh has imposed a penalty of Rs13,000 on a leading retail store for charging Rs5 from a consumer for giving a paper carry bag to carry items that were shopped at the store.Terming the charging of Rs5 for each paper carry bag as “high-han...

    DAILYPIONEER
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    /news-article.aspx?ID=10961096

    FORMER TOYS R US EMPLOYEES RECEIVE HARDSHIP FUND CHECKS

    Jan 04, 2019

    Nearly 20,000 former Toys R Us employees received letters that allow them to apply for severance pay from a $20 million hardship fund created late last year by private equity owners KKR and Bain Capital to support workers affected by the retailer's liquidation, according to information from the ...

    RETAILDIVE
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    /news-article.aspx?ID=11091109

    RETAIL THERAPY: LOUIS VUITTON WANTS TOY MAKER TO CUT THE CRAP

    Jan 04, 2019

    It's been another weird week in retail. A poop-shaped children's toy ruffled Louis Vuitton's feathers, Trump's contradictory tweets can now be found on flip-flops and cargo pants are making a comeback in 2019. The wide array of weird kids toys were on full display this holiday season...

    RETAILDIVE
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    /news-article.aspx?ID=11101110

    NEW SEGWAY ROBOT JOINS AUTONOMOUS DELIVERY RACE

    Jan 04, 2019

    Segway-Ninebot is debuting an autonomous delivery robot later this week at the Consumer Electronics Show in Las Vegas, putting the company among the latest entrants in the last-mile delivery market, according to a company press release. The company's new Loomo robot, built by the Segway Robotics...

    RETAILDIVE
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    /news-article.aspx?ID=11111111

    WALMART TO GIVE BONUSES FOR PERFECT ATTENDANCE

    Jan 04, 2019

    Walmart has a new attendance policy. Beginning Feb. 2, eligible hourly Walmart associates in store and supply chain roles could earn an additional 25% on the quarterly performance-based cash bonus they receive, Walmart announced in a company blog post. Walmart also introduced a "Protected PTO p...

    RETAILDIVE
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    /news-article.aspx?ID=12721272

    NRF 2019: SIX STEPS FOR NAVIGATING BOPIS WITH EASE IN 2019

    Jan 04, 2019

    While the role of e-commerce continues to change the landscape for both pure-play and brick and mortar channels, savvy retailers are leveraging their physical locations by integrating them with their online experiences. The buy online, pick-up in store (BOPIS) revolution is changing the way consumer...

    RETAILDIVE
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    /news-article.aspx?ID=12081208

    HOW TECHNOLOGY WILL PLAY A BIG ROLE IN RETAIL IN 2019

    Jan 03, 2019

    Technology has penetrated in every sphere of our lives. We live, love, eat and sleep on #technology now. Each year, we see technology moving deeper and deeper into our existence. It’s good and bad  both. Good because it helps us in doing more in less time and efforts. Bad because interwea...

    INDIARETAILING
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    /news-article.aspx?ID=10981098

    PORSCHE SETS U.S. RETAIL SALES RECORD IN 2018

    Jan 03, 2019

    Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model lines, today announced December retail sales of 4,086. With that, 2018 sales reached a U.S. record of 57,202, an increase of 3.2 percent from the previous ...

    PRNEWSWIRE
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    /news-article.aspx?ID=10991099

    RBC: ABOUT 41% OF AMERICANS NOW OWN SMART SPEAKERS

    Jan 03, 2019

    About 41% of U.S. consumers owned a smart speaker by the end of 2018, almost twice the percentage of consumers who owned the voice-driven devices at the end of the previous year, according to a TechCrunch report that attributed the data to recent reports from RBC Capital Markets. The report indicate...

    RETAILDIVE
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    /news-article.aspx?ID=10861086

    THE 21 BIGGEST RETAIL TRENDS TO LOOK OUT FOR IN 2019

    Jan 03, 2019

    A lot is shifting in the retail business. Stores are changing, new technology is emerging, retail space is shrinking, phones are an increasingly popular way to buy pretty much everything, and who even knows if Sears a 125-year-old retailer that once defined how Americans shopped will exist for much ...

    QZ
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    /news-article.aspx?ID=10871087

    RETAIL IN 2019: STORE EVOLUTION, TECH ADOPTION AND WHAT IT WILL TAKE TO WIN

    Jan 03, 2019

    Retail is increasingly a stark tale of winners and losers. Holiday 2018 saw the best retail sales (online and off) in six years, according to MasterCard. In-store sales were up as much as 5 percent, while e-commerce saw almost 20 percent growth. But the other side of the story is closures and bankru...

    MARKETINGLAND
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    /news-article.aspx?ID=10891089

    TOWN SHOES, JEAN MACHINE AND MULTIPLE OTHER RETAIL STORES ARE CLOSING THROUGHOUT CANADA THIS MONTH

    Jan 03, 2019

    With a fresh new year ahead of us, it’s time to start new and move on from the past. Apparently, retailers in Canada are thinking the same thing as we head into 2019, as multiple stores have announced store closures across Canada within the upcoming months. Jean Machine and Town Shoes will be ...

    NARCITY
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    /news-article.aspx?ID=10901090

    COLLABORATE AND PARTNER WITH ASPIRE SYSTEMS, A LEADING RETAIL SOLUTION PROVIDER AT NRF & REX 2019

    Jan 03, 2019

    Aspire Systems, a global technology services firm, today announced its participation in National Retail Federation (NRF) 2019 and Oracle Retail Exchange Programme to be held from January 13th to January 15th, 2019 in New York, USA. NRF, Retail’s BIG Show, brings together 36,500 industry profes...

    EINNEWS
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    /news-article.aspx?ID=11011101

    SEPHORA BRUSHES UP LOYALTY PERKS, AGAIN

    Jan 03, 2019

    Sephora has added even more rewards to its Beauty Insider loyalty program, according to a company press release. This comes just five months after the beauty retailer updated the program with more perks and increased points for tiered members in August.Among the new benefits are: mini sets from Drun...

    RETAILDIVE
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    /news-article.aspx?ID=11771177

    RETAIL SALES HIT $1.6 BILLION DURING 2018 IN LAWRENCE, BUT SPENDING WAS STILL SLUGGISH

    Jan 02, 2019

    Now that the calendar has flipped to 2019, we can talk about this $1.6 billion that you’ve spent. While that sounds similar to the lecture I get regarding my New Years Eve charcuterie plate (chocolate-covered almonds are expensive), I’m actually talking about retail spending in all of La...

    LJWORLD
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    /news-article.aspx?ID=11171117

    JOB AND RESIDENT INFLUX ARE RIPE FOR RETAIL BUYERS

    Jan 02, 2019

    A lack of new development in Corpus ensures tenants will remain at properties for a hefty lease block. And when the time is right for a sale, popular tourist markets like these are attractive because the basic fundamentals of employment and population growth promote strong profits. Lisa Brown is an ...

    GLOBEST
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    /news-article.aspx?ID=11181118

    RETAIL'S AMAZON ANTIDOTE: BUY ONLINE, PICKUP IN STORE

    Jan 02, 2019

    Brick-and-mortar retailers like Walmart, Target, and Best Buy found an advantage over Amazon this holiday: Store pickups on online orders.Offering customers free pickups for digital orders has become a key part of these retailers' strategy to compete against Amazon's rapid and extensive home...

    KESQ
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    /news-article.aspx?ID=11481148

    WESTERN AUSTRALIA BANS USE OF PLASTIC BAGS

    Jan 02, 2019

    The ban on the use of plastic bags in Western Australia has started as of January 1, 2019, with retailers no longer be able to provide customers with lightweight plastic bags when shopping in their stores. Retailers who fail to comply with the new laws will face substantial fines and disruptions to ...

    INSIDERETAIL
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    /news-article.aspx?ID=10791079

    IBM PREDICTS 3 PCT RETAIL REVENUE RISE IN 2019

    Jan 02, 2019

    Following a strong holiday shopping season, the IBM 2019 Retail Forecast suggests that retailers will experience a 3.04 percent rise in year-over-year revenue this year. The report indicated growth among different categories from restaurants to health and personal care, Chain Store Age reported. &ld...

    PYMNTS
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    /news-article.aspx?ID=11001100

    WALMART ISN’T THE ONLY RETAILER ALREADY WINNING IN 2019

    Jan 01, 2019

    In any competition, there are winners and losers. And among retailers competing for customers, the winners of 2018 beat their rivals by providing faster delivery, better online and mobile shopping options, and the trendiest products. Those who failed or were slow to adapt — Bon-Ton, Sears, Mat...

    CNBC
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    /news-article.aspx?ID=10771077

    CITY BRACED FOR BAD NEWS OVER CHRISTMAS RETAIL FIGURES

    Jan 01, 2019

    The City is bracing itself, to discover just how brutal Christmas 2018 was for the UK high street, with a string of crucial announcements threatening to add to retailing’s woes.The key period comes as panic mounts within the sector after the Sports Direct tycoon Mike Ashley said last month tha...

    THEGUARDIAN
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    /news-article.aspx?ID=10691069

    THE FUTURE OF RETAIL SOUNDS HYPER PERSONALIZED AND SLIGHTLY DYSTOPIAN

    Jan 01, 2019

    In the year 2040, there will still be plenty of physical, brick-and-mortar stores around where you can go to buy things but they will be so kitted out with technology and dystopian-like features that they’d feel like another world to today’s consumer. According to a new report forecastin...

    SALON
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    /news-article.aspx?ID=10701070

    MILWAUKEE-AREA RETAIL TRENDS TO WATCH IN 2019

    Jan 01, 2019

    Retailers around the Milwaukee market spent much of 2018 focused on staying relevant in an environment that has forced closures for stores that didn’t keep up with the times. In 2019, that theme will materialize in a few different forms. Malls around southeastern Wisconsin have taken hits to f...

    HTTPS://WWW.BIZJOURNALS.COM/MILWAUKEE/NEWS/2019/01/01/MILWAUKEE-AREA-RETAIL-TRENDS-TO-WATCH-IN-2019.HTML
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    /news-article.aspx?ID=11201120

    LOGISTICS MARKET EXPANSION DOMINATED BY MANUFACTURING, RETAIL

    Jan 01, 2019

    Transparency Market Research reported on December 28 that the global logistics market is expected to grow from $8.1 trillion in 2015 to $15.5 trillion by 2023, or a compound annual growth rate (CAGR) of 7.5 percent. Measured by freight volume, the CAGR from 2016 to 2024 is expected to be 6 percent. ...

    FREIGHTWAVES
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    /news-article.aspx?ID=11521152

    REALME TO FORAY IN OFFLINE RETAIL STORES IN INDIA FROM 2019

    Dec 31, 2018

    The Chinese smartphone manufacturer Realme has made an entry in the market this year itself. The Oppo's former subsidiary had introduced around five smartphones this year with the most recent being the Realme U1. All of the Realme smartphones have comes with an affordable price tag and have rece...

    GIZBOT
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    /news-article.aspx?ID=10761076

    NEW YEAR MEANS NEW INTERNET RETAIL TAX FOR GEORGIA

    Dec 31, 2018

    Many online retailers will have to start adding a new line to their Georgia customers’ bills — one for sales taxes.As of Tuesday, online retailers are supposed to charge taxes on their sales to Georgians, something some big companies, such as Amazon, have done for years. That will add th...

    MYAJC
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    /news-article.aspx?ID=10781078

    RETAIL SPEND INCREASES 5.1 PERCENT THANKSGIVING THROUGH CHRISTMAS

    Dec 31, 2018

    Thanksgiving-through-Christmas spending jumped 5.1 percent this year, exceeding $850 billion, marking the strongest growth in the last six years, according to MasterCard SpendingPulse, a service that provides insight across all types of payment, including cash and check. Online shopping spiked 19.1 ...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10801080

    RETAILERS' CHRISTMAS WOES TO BECOME CLEARER THIS WEEK

    Dec 30, 2018

    Investors will this week gain a clearer picture of retailers’ performances over the crucial Christmas period, as vultures circle the sector after HMV became the first victim of weak sales. Initial data from Springboard, a retail consultancy, showed that footfall in the week to Saturday fell by...

    THEGUARDIAN
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    /news-article.aspx?ID=10671067

    AMAZON DOMINATED RETAIL IN 2018 - AND NO ONE ELSE EVEN CAME CLOSE TO TOUCHING IT

    Dec 30, 2018

    For retail in 2018, there was really only one word that was on everybody's lips: Amazon.Just a mere mention of the online shopping giant sends other companies into a flurry of speculation - whether Amazon competes directly or not.It's easy to see why: Amazon is seeing incredible growth for a...

    BUSINESSINSIDER
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    /news-article.aspx?ID=10681068

    GOVT LOOKS TO CHEER SMES WITH TWEAKS TO E-COMMERCE NORMS

    Dec 29, 2018

    In a bid to bury the ghosts of demonetisation and rollout of the goods and services tax (GST), both of which impacted small and medium enterprises (SMEs), the Narendra Modi-led NDA government is trying to woo back its core vote base with a promise to tweak foreign direct investment (FDI) norms in e-...

    FORTUNEINDIA
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    /news-article.aspx?ID=12011201

    FOUR FOCUS POINTS FOR RETAIL INVESTORS IN 2019

    Dec 28, 2018

    With 2018 coming to a close, retailers are saying goodbye to a relatively good year for the industry. Upbeat consumers, coupled with the long-awaited payoff from some slow-burn investments in e-commerce and supply-chain capabilities, finally helped them demonstrate they aren’t doomed. So what ...

    BUSINESSOFFASHION
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    /news-article.aspx?ID=10661066

    E-COMMERCE COS WILL NOW FIND IT DIFFICULT TO OFFER DISCOUNTS AND CASHBACKS

    Dec 27, 2018

    The new guidelines for ecommerce companies that have received foreign investment will make it difficult for them to offer discounts and cashbacks to online shoppers, experts said, and will have ripple effects on their logistics and promotion services.Companies have been able to offer discounted prod...

    ECONOMICTIMES
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    /news-article.aspx?ID=10591059

    INDIA TARGETS ECOMMERCE SITES WITH NEW RULES

    Dec 26, 2018

    The Indian government has made new rules for websites like Amazon and Flipkart and changed how they’re allowed to sell goods in the country, according to reports.Under the new rules, which go into effect on Feb. 1, India will not allow eCommerce companies to sell products from businesses that ...

    PYMNTS
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    /news-article.aspx?ID=10571057

    TRADERS WELCOME GOVT MOVE TO TIGHTEN NORMS FOR E-COMMERCE COS

    Dec 26, 2018

    Traders' body CAIT Wednesday welcomed the government's move to tighten norms for sale of products by e-commerce firms but demanded introduction of an e-commerce policy and regulator to monitor the sector. "It is a big achievement after a long struggle. If it is implemented in proper spi...

    OUTLOOKINDIA
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    /news-article.aspx?ID=10581058

    CONSUMER INSIGHTS AND COLLABORATION TO BOOST E-COMMERCE INCENTIVES

    Dec 25, 2018

    China’s largest social commerce platform, Taobao Marketplace, and Bilibili, a leading online entertainment platform, confirmed a business collaboration to focus on, “content-driven e-commerce and commercialization of Bilibili’s intellectual property (“IP”) assets,&rdquo...

    GLOBALTRADEMAG
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    /news-article.aspx?ID=10561056

    PRINCESS CRUISES EMBRACING WECHAT PAY, ALIPAY

    Dec 24, 2018

    Chinese tourists onboard Princess Cruises' Ruby Princess will be able to use WeChat Pay and Alipay to make purchases inside boutiques and gift shops, becoming the first passenger cruise lines to accept both mobile payment options in North America, according to a company release.The cruise line i...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10461046

    ECOMMERCE CAN NEVER BE BUILT ON A DATA-ONLY BASIS

    Dec 24, 2018

    Ever had a terrible first bite of food, associate a certain smell with something you refuse to revisit, or say, had the shopping experience from hell? Thought so. We all have frustratingly similar stories to share when it comes to bad customer service. But in today’s world of endless choice, t...

    GULFNEWS
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    /news-article.aspx?ID=10601060

    RETAIL IS GIVING WALL STREET FITS

    Dec 21, 2018

    Wall Street's recent beef with retail is artfully captured by lyrics in Hank Williams Jr.'s song "Country Boys Can Survive": "The interest is up and the stock market's down, and you only get mugged if you go downtown." Actually, all kinds of retailers are boosting sal...

    RETAILDIVE
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    /news-article.aspx?ID=10741074

    MASSACHUSETTS TOWN DEBUTS PARKING KIOSKS

    Dec 21, 2018

    The city of Bridgewater, Massachusetts, is installing solar-powered parking kiosks featuring electronic screens and a keypad where drivers will type in their license plate number to pay. The kiosks will accept credit cards but not coins. A mobile payment app will also be introduced, according to a B...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10471047

    RETAILERS MUST ACT TO PROTECT CUSTOMER DATA

    Dec 21, 2018

    The Marriott data breach, which exposed 500 million guests' details over a four-year period, highlights the need for stronger identity proofing procedures and hardware-based strong authentication to limit the fraudulent use of stolen data, the Secure Technology Alliance said in a press release. ...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10481048

    IKEA INVESTS IN KITCHEN PLANNING COMPANY TRAEMAND

    Dec 21, 2018

    Ingka Group, (whose business operations include Ikea Retail, Ingka Investments and Ingka Centres), has acquired 49% of U.S. kitchen planning and installation company Traemand, with an option to buy the remaining shares. The investment will allow Traemand to expand its kitchen service concept beyond ...

    RETAILDIVE
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    /news-article.aspx?ID=11601160

    HOW BONOBOS IS GROWING UP UNDER WALMART'S WING

    Dec 20, 2018

    When Micky Onvural walked into Bonobos two years ago as chief marketing officer, her goal was to put Bonobos on the map. For better or for worse, that happened within months when Walmart announced a $310 million deal to takeover the brand built on chinos and guide shops. From the get-go Bonobos Foun...

    RETAILDIVE
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    /news-article.aspx?ID=11781178

    WILLIAMS-SONOMA SUES AMAZON OVER ALLEGED WEST ELM COPIES

    Dec 20, 2018

    Williams-Sonoma Inc. recently filed a lawsuit against Amazon, alleging the e-commerce giant's Rivet furniture and home goods private label line sells "knockoffs" of products from its West Elm brand, according to court documents."Amazon has set up an unauthorized WILLIAMS-SONOMA br...

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    /news-article.aspx?ID=11491149

    INTUIFACE DEBUTS ANALYTICS PLATFORM FOR INTERACTIVE DIGITAL SIGNAGE

    Dec 20, 2018

    Intuiface has launched its Intuiface Analytics platform for interactive digital signage that can capture key data points such as weather, gender and age, according to a press release.Customers can use the platform's drag-and-drop chart builder to create visualization charts. The platform stores ...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10491049

    IKEA TO OPEN MOST SUSTAINABLE STORE YET

    Dec 19, 2018

    Ikea is opening its most sustainable store to date in Greenwich, U.K., a borough of London on the River Thames, according to a report from the Retail Gazette. Ikea didn't immediately return Retail Dive's request for more information.The 344,445-square foot store, which aims to garner BREEAM ...

    RETAILDIVE
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    /news-article.aspx?ID=11621162

    WALMART TESTING IN-HOUSE VISUAL SEARCH TECHNOLOGY

    Dec 19, 2018

    Walmart’s home furnishing e-commerce site, Hayneedle, is partnering with Walmart Labs to test its own in-house visual search technology, according to a TechCrunch report. Shoppers will reportedly be able to take a picture of a piece of furniture in a showroom or magazine then use an app to fin...

    RETAILDIVE
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    /news-article.aspx?ID=10271027

    SHOPPERS ARE JUDGING RETAILERS BY THEIR RETURNS PROCESS

    Dec 19, 2018

    A great majority (88%) of shoppers want to be able to return a purchase to a physical store or through a pre-paid shipping method, and even more (95%) say that how smooth the process is influences whether they'll buy from a retailer again, according to the latest biennial holiday shopping survey...

    RETAILDIVE
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    /news-article.aspx?ID=10251025

    GOOGLE SETS UP SHOP IN INDIA

    Dec 18, 2018

    Google is expanding its Google Shopping capabilities into India, where consumers will be able to search through multiple channels for products from a range of retailers, reportedly including the country's two biggest e-commerce players  Flipkart and Amazon. Indian consumers will be able fin...

    RETAILDIVE
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    /news-article.aspx?ID=10291029

    H&M HOME DEBUTS VOICE-ENABLED SHOPPING, MOBILE PAYMENT VIA GOOGLE ASSISTANT

    Dec 18, 2018

    H&M Home has launched a holiday gift guide partnership with Google that uses Google Assistant voice technology to allow ordering on mobile phones and Google Home smart devices, according to a news release.H&M customers can order from the catalogue and make payment using voice controls built ...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10351035

    DRUGSTORES, SUPERMARKETS AND SPECIALTY SET TO GROW IN 2019

    Dec 18, 2018

    The U.S. retail industry next year is poised for continued growth in sales (4.5% to 5.5%) and operating profits (5% to 6%), thanks to a strong economy plus retailers' investments in e-commerce and the shopping experience in their stores, according to a report from Moody's Investors Service e...

    RETAILDIVE
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    /news-article.aspx?ID=10141014

    NEARLY 70% OF MARKETERS TO USE INSTAGRAM IN 2018

    Dec 17, 2018

    Just under 70% of U.S. marketers will use Instagram for marketing purposes in 2018, and just over 28% will use Snapchat, according to a new eMarketer report.The projected Snapchat figure is up from 25% in 2017, and is expected to help the platform reap more than $660 million in U.S. ad revenues, an ...

    RETAILDIVE
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    /news-article.aspx?ID=10151015

    TARGET MAKES CHRISTMAS EVE DELIVERY GUARANTEE ON ELIGIBLE ORDERS

    Dec 17, 2018

    Target is guaranteeing free delivery by Christmas Eve for eligible orders placed on Target.com by 11:55 p.m. Central Time on Dec. 20, according to a company press release. Shoppers using Shipt must place same-day orders for groceries, gifts, decorations and other items at least two hours prior to st...

    RETAILDIVE
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    /news-article.aspx?ID=10171017

    LIGHTSPEED DEBUTS LOYALTY PROGRAM FOR RETAILERS, RESTAURANTS

    Dec 17, 2018

    Cloud point-of-sale maker Lightspeed is launching Lightspeed Loyalty, aimed at helping retailers and restaurants engage with customers and increase customer loyalty.The product launch comes on the heels of Lightspeed acquiring ReUp, a digital platform that allows business owners to build a branded l...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10371037

    AMAZON EXPANDS FREE HOLIDAY SHIPPING OFFER, FREE ONE-DAY SHIPPING

    Dec 17, 2018

    Amazon Prime members now have free standard shipping through Dec. 18 and more have access to Prime free one-day shipping given the service is now available to 10,000 cities and towns.Prime members, according to a press release, can shop all the way up until Christmas Eve for delivery same-day, and t...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10381038

    45% OF ONLINE SHOPPERS COMPLETE PURCHASES VIA MOBILE

    Dec 14, 2018

    More than 45% of consumers who shop online complete their purchases via mobile smartphone, compared to just under 34% who use computers, thereby showing how big a role mobile devices have come to play in shopping and payments, according to PYMNTS.com's new Remote Payments study. Also, 63.8% of c...

    RETAILDIVE
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    /news-article.aspx?ID=10261026

    CALIFORNIA LAYS OUT NEW E-COMMERCE TAX REQUIREMENTS

    Dec 14, 2018

    The California Department of Tax and Fee Administration (CDTFA) this week announced new tax requirements for in-state and out-of-state sellers as a response to the U.S. Supreme Court's decision in South Dakota v. Wayfair this summer, according to a press release.The new law, which goes into effe...

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    /news-article.aspx?ID=10181018

    NOVEMBER SALES SURGE, FUELING HOLIDAY RETAIL

    Dec 14, 2018

    Retail trade sales (excluding restaurants, motor vehicles and gasoline stations) in November rose 0.3% from last month and 4% year over year, the U.S. Department of Commerce said on Friday. Sales at nonstore retailers (mostly e-commerce) rose 2.3% from October and 10.8% year over year, according to ...

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    /news-article.aspx?ID=10161016

    BOSTON-BASED CELECT RAISES $15M FOR RETAIL INVENTORY PREDICTION

    Dec 13, 2018

    Boston-based software maker Celect Inc. has raised a $15 million Series C round as it tries to sell its inventory-prediction technology to more retailers. The round was led by NGP Capital, a growth-stage investor with a global focus, and existing investor Fung Capital. Fung Capital, which is funded ...

    BIZJOURNALS
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    /news-article.aspx?ID=10041004

    EMPLOYEE ABSENTEEISM COSTING RETAILERS $600 MILLION

    Dec 13, 2018

    Retail businesses are seeing profits eaten away by the rise of employee absenteeism in Australia, which is estimated to cost Australian retailers $600 million over the Christmas period according to research from workforce management firm Kronos. Within the retail industry, 13 per cent of rostered re...

    INSIDERETAIL
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    /news-article.aspx?ID=10051005

    US RETAIL INDUSTRY JOBS GREW BY 18,600 IN NOV 2018

    Dec 12, 2018

    The National Retail Federation (NRF), the world’s largest retail trade association, has reported that the retail industry employment in US in November grew by 18,600 jobs seasonally adjusted from October, accounting for 12 per cent of the 155,000-job increase overall. Year-over-year, the retai...

    FIBRE2FASHION
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    /news-article.aspx?ID=10061006

    RETAIL SECTOR NOTCHES UP BETTER THAN EXPECTED GROWTH FOR OCTOBER

    Dec 12, 2018

    The retail sector experienced bigger than expected growth at the start of the fourth quarter.Retail trade sales increased 2.2% year on year in October 2018 after a contraction of 0.7% in September.The muted growth in September was higher than economists’ consensus of 1.5%, according to a poll ...

    BUSINESSLIVE
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    /news-article.aspx?ID=994994

    ONLINE MEETS OFFLINE: THE INDIAN ECOMMERCE STORY ENTERS ITS THIRD CHAPTER

    Dec 12, 2018

    The five year period from 1994-1999 triggered the ecommerce revolution globally.The second phase of Indian ecommerce from 2008 onwards till date has been overwhelming.Ecommerce is now 25 years old and despite so much hype and investments, profits are inconsistent. This article was originally publish...

    INC42
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    /news-article.aspx?ID=996996

    9 OFF-THE-RADAR RETAIL PREDICTIONS FOR 2019

    Dec 12, 2018

    Massive sums are invested in immersive experiences that quickly lose their spark and in digital features that fail to make the experience easier. So more than 5,000 stores closed in 2018. In their valid bids to wow shoppers, many retailers just added complexity.Shoppers, however, want simplicity, an...

    FORBES
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    /news-article.aspx?ID=997997

    ARE YOU GETTING THE BEST RETAIL LEASE DEAL?

    Dec 12, 2018

    Committing to a new retail store lease is one of the most important decisions a retailer can make in setting up or growing a business. There are many pitfalls that are not that obvious at the outset for the untrained retailer who goes through this process, sometimes for the first time. The total val...

    INSIDERETAIL
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    /news-article.aspx?ID=10081008

    AMAZON-GO TO OPEN MORE STORES IN THE AIRPORTS

    Dec 11, 2018

    Online giant Amazon is looking to expand the reach of its automated bricks-and-mortar Amazon Go offer by opening stores in airports, according to a report by Reuters. The retailer’s Go stores utilise myriad cameras which are able to identify customers as they enter, see what they pick up and l...

    RETAILNEWS
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    /news-article.aspx?ID=987987

    AMAZON OFFERS SALE PRICES 13.8% CHEAPER THAN COMPETITORS

    Dec 11, 2018

    The online shopping boom has seen the November retail calendar ramp up, with the pressure on to offer the best discounts and drive the most traffic. In the US, one retailer was the clear winner in 2018. In the US, consumers started jumping online to make holiday purchases on Thanksgiving Day, with s...

    POWERRETAIL
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    /news-article.aspx?ID=988988

    MASTERCARD, NEXT RETAIL CREATE NEW ECOMMERCE EXPERIENCE

    Dec 11, 2018

    Mastercard and Next Retail Concepts have partnered to upgrade online shopping. The innovative digital environment lets shoppers browse and buy as if in a physical store, across any browser. A shopper can virtually navigate through a three-dimensional store, interact with their favourite brands, and ...

    FIBRE2FASHION
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    /news-article.aspx?ID=10071007

    SURVEY: RETAIL STORE ASSOCIATES LIKE TABLETS FOR ENHANCING CUSTOMER SERVICE

    Dec 11, 2018

    A good majority of retail store associates, 66 percent, believe they can provide customers better service and improve the customer experience if they have tablet technology in hand.That’s a prime finding of Zebra Technologies' 11th annual Global Shopper Study which also revealed 55 percent...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10361036

    AMAZON EXPANDING CASHIER-LESS STORES TO AIRPORTS

    Dec 10, 2018

    Online giant Amazon is looking to expand the reach of its automated bricks-and-mortar Amazon Go offer by opening stores in airports, according to a report by Reuters. The retailer’s Go stores utilise myriad cameras which are able to identify customers as they enter, see what they pick up and l...

    INSIDERETAIL
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    /news-article.aspx?ID=983983

    TARGET TAPS AR TO SELL MORE CHRISTMAS TREES

    Dec 10, 2018

    Target has added its Christmas tree inventory to a mobile augmented reality feature so shoppers can try before they buy, according to a company press release issued Dec. 5. "Hundreds of thousands of guests" are already using the "See It In Your Space" feature, according to Target...

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    /news-article.aspx?ID=973973

    $1.7M WORTH OF COUNTERFEIT NIKE SNEAKERS SEIZED

    Dec 10, 2018

    U.S. Customs and Border Protection (CBP) recently confiscated 9,024 pairs of counterfeit Nike sneakers at the Port of New York / Newark, according to a press release from the agency. The shipment was inspected in late September and the CBP completed the seizure on Thursday. The goods are estimated t...

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    /news-article.aspx?ID=974974

    AMAZON TAKING AIM AT MADISON AVENUE

    Dec 10, 2018

    During the dozen years that Barry Lowenthal has been running The Media Kitchen, he has seen many changes affect the advertising industry. Lately one of them is an increasing shortage of talent. He has 11 job openings at his 110-person media-planning agency in SoHo. That’s an improvement from a...

    CRAINSNEWYORK
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    /news-article.aspx?ID=11191119

    COTY UNVEILS CLAIROL COLOR APP FOR GOOGLE ASSISTANT

    Dec 07, 2018

    Beauty company Coty has introduced a Google Assistant Action called Clairol Color Expert, which it claims is the first at-home hair color feature for the voice-activated virtual assistant, according to a Coty press release. The Clairol Color Expert is designed to guide consumers through the at-home ...

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    /news-article.aspx?ID=975975

    CNBC: UNTUCKIT SEEKS DEAL TOPPING $600M VALUATION

    Dec 07, 2018

    Untuckit has retained investment bank Morgan Stanley in search of a fundraising round that it hopes would value the apparel retailer at more than $600 million, CNBC reports, citing unnamed sources. They added that the brand reports $150 million in annual sales and is profitable. Untuckit declined to...

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    /news-article.aspx?ID=962962

    NINE WEST ASKS COURT FOR $22M AMID ONGOING LENDER STRIFE

    Dec 07, 2018

    Nine West Holdings on Tuesday filed for an extra $22 million in debtor-in-possession funds in light of delays to its Chapter 11-protected restructuring, according to documents filed Tuesday in the United States Bankruptcy Court for the Southern District of New York. The filing comes amid ongoing obj...

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    /news-article.aspx?ID=966966

    AMAZON AND WALMART ARE SET TO BECOME A 'RETAIL DUOPOLY,' LOUP VENTURES SAYS

    Dec 07, 2018

    Amazon and Walmart are "taking aim at each other" with their respective pushes into physical retail spaces and digital commerce, Loup Ventures managing partner Andrew Murphy said in a new post. "We believe a retail duopoly is emerging" between the two retail players, Murphy wrote...

    BUSINESSINSIDER
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    /news-article.aspx?ID=984984

    AMAZON CASHIERLESS STORE MAY TAKE FLIGHT IN AIRPORTS

    Dec 07, 2018

    The Amazon Go cashierless store concept may be moving into airports as the powerhouse omnichannel retailer is reportedly evaluating airport location options.The news, according to a New York Post/Reuters report, is the latest expansion of the concept which began with one Amazon Go store in Seattle. ...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10391039

    EDDIE LAMPERT FILES $4.6B SEARS TAKEOVER BID VIA ESL

    Dec 06, 2018

    Sears Holdings Chairman (and former Sears CEO) Eddie Lampert made a $4.6 billion bid through his hedge fund, ESL Investments, for Sears, its real estate and brands like Kenmore and its Sears Auto Services, according to an SEC regulatory filing published Thursday. Under the terms of the deal, Lampert...

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    /news-article.aspx?ID=964964

    NEIMAN MARCUS SALES SLOWLY BUILD AS DEBT REFINANCING TALKS RESET

    Dec 06, 2018

    Tensions are rising as at least one debtholder alleges the company has engaged in "deceptive and misleading conduct" with the transfer of its MyTheresa e-commerce business.Neiman Marcus on Thursday reported its fiscal first-quarter results (for the period ended Oct. 27), which CEO Geoffroy...

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    /news-article.aspx?ID=953953

    G-III APPAREL GROUP Q3 GROWTH FUELED BY WHOLESALE

    Dec 06, 2018

    G-III Apparel Group, (whose owned brands include DKNY, Donna Karan, Vilebrequin, Andrew Marc and Marc New York, among others, and whose fashion licenses include Calvin Klein, Tommy Hilfiger, Karl Lagerfeld Paris, Kenneth Cole, Cole Haan, Guess?, Vince Camuto, Levi's and Dockers) on Thursday repo...

    RETAILDIVE
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    /news-article.aspx?ID=954954

    GLOSSIER PRESIDENT AND CFO PREPARES TO LEAVE COMPANY

    Dec 06, 2018

    Glossier President and CFO Henry Davis is leaving the company, according to multiple media reports, and first noted by Business of Fashion. Davis has been at Glossier for nearly five years, according to his LinkedIn, as president and COO for just over four years and as president and CFO for just six...

    RETAILDIVE
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    /news-article.aspx?ID=955955

    AMAZON INDIA RECEIVES $311.5 MN SHOT IN THE ARM AS ECOMMERCE BATTLE CONTINUES

    Dec 05, 2018

    Global ecommerce company Amazon has reportedly invested $311.51 Mn (INR 2,200 Cr) in its Indian subsidiary, the fourth tranche of its $5 Bn (INR 35,255 Cr) commitment to its expansion in the country. The filings showed that the investment came from Singapore-based Amazon Corporate Holdings and Mauri...

    INC42
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    /news-article.aspx?ID=956956

    GYMBOREE TO SHUTTER CRAZY 8 STORES AMID 'STRATEGIC REVIEW'

    Dec 05, 2018

    Gymboree announced Wednesday it has begun a "comprehensive review of strategic options," which could include a sale or "other transactions" for its Gymboree, Janie and Jack, and Crazy 8 brands, according to a company press release. The children's retailer said in the release ...

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    /news-article.aspx?ID=944944

    HBC CEO: TECH AND MARKETING EFFORTS 'ARE STARTING TO PAY OFF'

    Dec 05, 2018

    Hudson's Bay Co. on Wednesday reported that third quarter revenue rose $115 million Canadian ($86.9 million U.S.) or 5.6% to $2.2 billion ($1.7 billion U.S.). Total store comps rose 2.9%, (or, adjusting for the shift of its “Bay Days" promotional event into the third quarter from the ...

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    /news-article.aspx?ID=945945

    AMAZON ORDERS GENERATED BY ADS JUMPED 54% OVER THANKSGIVING WEEKEND, STUDY FINDS

    Dec 05, 2018

    Orders on Amazon generated by ads increased 54% in 2018, jumping from 16.3% in 2017 to 25.1% in 2018, with categories like Home and Kitchen demonstrating a higher "ad dependency" than others, according to a new study from Quartile.The study revealed that brands looking for top positions on...

    MARKETINGDIVE
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    /news-article.aspx?ID=986986

    GLOBAL SEARCH MARKETING AGENCY, DIRECTIVE, ANNOUNCES COMPLETE REBRANDING

    Dec 05, 2018

    Directive, the leading B2B and enterprise search marketing agency, announced today the launch of their new branding to reflect their evolution into a global search marketing agency. Directive’s unique approach to search marketing has positioned the company as the agency of choice for leading B...

    SOURCE
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    /news-article.aspx?ID=20332033

    KROGER TO SELL GROCERIES AT WALGREENS STORES

    Dec 04, 2018

    Kroger will open mini grocery outlets inside 13 Walgreens stores over the next few months — an expansion of an online order pickup partnership the two companies announced back in October. The first location is currently live at a Walgreens store in Florence, Kentucky.Kroger Express markets wil...

    GROCERYDIVE
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    /news-article.aspx?ID=976976

    TARIFFS WON'T DRIVE RH MANUFACTURING OUT OF CHINA, CEO SAYS

    Dec 04, 2018

    RH, formerly known as Restoration Hardware, reported Monday that third-quarter net revenue rose 7% year over year; adjusted net revenues rose 8% to $638.5 million and adjusted net revenues rose 10%, which was adjusted further for last year's Q3 inventory reduction efforts, according to a company...

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    /news-article.aspx?ID=946946

    MASTERCARD LAUNCHES 3D-BASED VIRTUAL STORE EXPERIENCE

    Dec 04, 2018

    Mastercard and Next Retail Concepts have partnered to create a new online shopping experience that allows shoppers to virtually navigate a 3D simulation of a physical store, rather than scrolling through product pages using traditional category tabs and filters, according to a Mastercard press relea...

    RETAILDIVE
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    /news-article.aspx?ID=936936

    AMAZON TESTING CASHIERLESS TECHNOLOGY FOR LARGER STORES

    Dec 04, 2018

    Amazon reportedly began testing the enabling technologies behind its Amazon Go stores in larger spaces to find out how well they would work when in larger store formats, according to a Wall Street Journal story.The news was attributed to unnamed sources who stated they didn't know if Amazon is p...

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    /news-article.aspx?ID=937937

    AMAZON TESTING AUTOMATED CHECKOUT IN BIGGER RETAIL STORES

    Dec 03, 2018

    Amazon is testing its automated checkout technology for larger stores in Seattle, the Wall Street Journal reported on Sunday. The company has used the technology in its Amazon Go stores.The technology works well in small stores but is harder to use in stores with larger spaces, higher ceilings and m...

    RETAILCUSTOMEREXPERIENCE
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    /news-article.aspx?ID=10501050

    GUESS TO PAY $42M TO RESOLVE EUROPEAN ANTITRUST INVESTIGATION

    Nov 30, 2018

    Guess on Wednesday reported that third quarter total net revenue rose 10.3% (13.1% in constant currency) to $605.4 million, up from $549 million in the prior-year quarter. Adjusted earnings from operations in the quarter rose 70.1% to $22.3 million, compared to $13.1 million last year. Adjusted oper...

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    /news-article.aspx?ID=922922

    RETAIL THERAPY: HOLIDAY GIFTS YOU WON'T WANT TO UNWRAP

    Nov 30, 2018

    It's been another weird week in retail. And the promise of millions of shoppers heading into malls or booting up their laptops has only made retailers weirder. For those who may have indulged a little too hard during last week's holiday and didn't get a chance to get the shopping done, d...

    RETAILDIVE
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    /news-article.aspx?ID=947947

    JET'S CYBER MONDAY REVENUE PLUMMETED 39%

    Nov 30, 2018

    Kohl's, Nordstrom, Walmart and Macy's were the big online sales winners on Cyber Monday among 10 major retailers, all posting revenue jumps compared to Cyber Monday in 2017. Walmart's Jet.com and Sears, however, both saw online revenue decline compared with last year, according to an Edi...

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    /news-article.aspx?ID=939939

    SHOPPERS TURN TO BOPIS TO REDUCE HOLIDAY STRESS

    Nov 29, 2018

    Shoppers are increasingly interested in using technology to help them avoid long lines, especially during the holidays. Sixty-seven percent of consumers responding to a survey said they wanted to use buy online, pick up in-store (BOPIS) options to streamline their shopping process, according to a GP...

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    /news-article.aspx?ID=923923

    HOLIDAY SHOPPERS OF TECH GIFTS ARE MIGRATING ONLINE

    Nov 29, 2018

    About 59% of technology gift shoppers bought or planned to buy those gifts online during the Black Friday shopping weekend, slightly more than the 58% who bought or planned to buy in brick-and-mortar stores, marking the first time online took the edge over physical stores for such purchases, accordi...

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    /news-article.aspx?ID=928928

    SEARS TALKS WITH LIQUIDATORS AS IT TRIES TO SELL ITSELF

    Nov 29, 2018

    As Sears Holdings searches for a buyer to acquire its remaining stores in Chapter 11, the retailer is also considering liquidation offers, according to The Wall Street Journal, which cited unnamed sources.Sears is doing so as Chairman Eddie Lampert and Cyrus Capital Partners  the latter of whic...

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    /news-article.aspx?ID=920920

    CHICO'S BRAND CHIEF OUT AMID SALES SLIDE

    Nov 29, 2018

    Chico's FAS on Wednesday reported that third quarter net sales fell 6.1% to $499.9 million, down from $532.3 million in the year-ago quarter. (Excluding a 1.6% or $9.1 million impact of hurricanes during last year's third quarter, sales fell 7.7%.) Net income in the quarter fell to $6.5 mill...

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    /news-article.aspx?ID=921921

    BURLINGTON SALES UP 13.7% AS IT PLANS 49 NEW STORES

    Nov 28, 2018

    Burlington Stores on Wednesday reported that third quarter total sales rose 13.7% to $1.6 billion, with newer stores contributing an incremental $128 million. Comparable store sales in the quarter rose 4.4% year over year, on top of last year’s 3.1% comp rise, according to a company press rele...

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    /news-article.aspx?ID=938938

    MOBILE SHOPPING CAMPAIGNS ON THANKSGIVING GREW 44%

    Nov 28, 2018

    Three mobile ad formats  mobile shopping ads, dynamic ads for products on social media and video ads  have shown strong spending growth during this year's holiday shopping season. Shopping campaigns on mobile grew 44% on Thanksgiving and 43% on Black Friday from a year earlier, faster ...

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    /news-article.aspx?ID=929929

    SIMON INSTALLS 'LAUNCHPAD' TO SHOWCASE NEW PRODUCTS IN MALLS

    Nov 28, 2018

    Mall operator Simon unveiled Launchpad by Simon, described as a retail platform for showcasing new products and trends, at six of its shopping malls around the U.S. on Black Friday, according to a Simon press release. Sourcing merchandise for the platform was a global effort, as Simon drew products ...

    RETAILDIVE
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    /news-article.aspx?ID=930930

    OMNICHANNEL IS THE REAL THANKSGIVING RETAIL WINNER

    Nov 28, 2018

    Multimillion dollar supply chain investments to create an integrated omnichannel experience for consumers paid off during the Thanksgiving shopping rush, according to new data from the National Retail Federation (NRF). The number of shoppers making purchases both in person and online reached 89.7 mi...

    SUPPLYCHAINDIVE
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    /news-article.aspx?ID=965965

    EASYSHIP, A STRIPE FOR GLOBAL E-COMMERCE SHIPPING, RAISES $4M

    Nov 28, 2018

    Easyship, a Hong Kong-based startup that aims to make international shipping for e-commerce as easy as payments, has closed a $4 million Series A round.The company was founded in 2015 by former Lazada duo Tommaso Tamburnotti and Augustin Ceyrac, and ex-banker Paul Lugagne Delpon. From their time wit...

    TECHCRUNCH
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    /news-article.aspx?ID=998998

    LOST TOYS R US SHOPPERS ARE GOING TO AMERICAN GIRL, KMART

    Nov 27, 2018

    Among brands attracting former Toys R Us customers, doll company American Girl (1.8%) and educational toy company Lakeshore (1.51%) took the highest shares of new foot traffic from Toys R Us in the third quarter, according to analysis from brand insights firm InMarket. Others who grabbed new foot tr...

    RETAILDIVE
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    /news-article.aspx?ID=931931

    MOBILE SHOPPING APP DOWNLOADS SURGED ON BLACK FRIDAY

    Nov 27, 2018

    First-time users for the top 10 mobile shopping apps in the U.S. grew more than 16% on Black Friday last week compared to last year, with half a million new users downloading apps from Amazon, Walmart, Target, Macy's, Fashion Nova and others, according to Sensor Tower's Store Intelligence pl...

    RETAILDIVE
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    /news-article.aspx?ID=905905

    AMAZON STAYS QUIET ON CYBERSECURITY BREACH

    Nov 26, 2018

    Amazon reportedly alerted some of its customers to a security breach impacting their email addresses and names, TechCrunch and other news outlets reported last week.Amazon declined further comment to Retail Dive, but told TechCrunch, "We have fixed the issue and informed customers who may have ...

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    /news-article.aspx?ID=904904

    TURKISH SERVICES, RETAIL INDUSTRY CONFIDENCE RISES AFTER CURRENCY CRISIS

    Nov 26, 2018

    Confidence among firms in the Turkish retail and service industries rose in November, signalling that a slump in demand for goods and services may have bottomed out.The seasonally-adjusted confidence index for services increased to 79.8 from 75.7 in October, rising above levels seen in September, da...

    AHVALNEWS
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    /news-article.aspx?ID=891891

    7-ELEVEN CASHES IN ON ALIPAY, WECHAT PAY AT CANADIAN STORES

    Nov 26, 2018

    7-Eleven is the first convenience store chain in Canada to accept Chinese mobile payment systems Alipay and WeChat Pay, according to a company press release. Digital payments are available at 35 locations in Vancouver and Toronto with plans for an expansion in the months to come.7-Eleven is working ...

    RETAILDIVE
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    /news-article.aspx?ID=895895

    BLACK FRIDAY TRAFFIC BRINGS DOWN J. CREW, ULTA SITES, AMONG OTHER RETAILERS

    Nov 26, 2018

    Shoppers were met with a notification saying "Hang on a Sec" on J. Crew's website after having some technical difficulties on Black Friday. The clothing company is struggling as is, and it's "strange" it "wouldn't have stress tested the site or have plans in plac...

    CIODIVE
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    /news-article.aspx?ID=896896

    SNAPCHAT UNVEILS IN-APP SHOPPING CHANNEL WITH SHOPIFY

    Nov 21, 2018

    Snapchat rolled out Shop and Cop, a dedicated shopping channel in its mobile app that will feature limited-time deals and exclusive offers through e-commerce shopping platform Shopify, according to a WeRSM story. The channel, available in Snapchat's Discover section, will be curated by Snapchat,...

    RETAILDIVE
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    /news-article.aspx?ID=872872

    AMAZON PUSHES FURTHER INTO RETAIL WITH PAYMENTS AT THE POINT OF SALE

    Nov 21, 2018

    Amazon is pushing retailers to accept yet another digital wallet at the point of sale.its own Amazon Pay, which until now has been used almost entirely in the e-commerce world, according to a report in the Wall Street Journal. Brick-and-mortar retailers view the Seattle-based commerce giant Amazon a...

    BANKINNOVATION
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    /news-article.aspx?ID=873873

    NOW, CHINA OPPOSES GLOBAL E-COMMERCE RULES

    Nov 21, 2018

    China has come somewhat closer to India’s stance on developing global trade rules for electronic commerce by opposing binding provisions for cross-border data flow, preventing data localization, and protection of source code, among others, said people familiar with the development.The US, Japa...

    LIVEMINT
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    /news-article.aspx?ID=889889

    BLACK FRIDAY TO KICK OFF HIGH SPENDING HOLIDAY SEASON

    Nov 21, 2018

    With unemployment lower and wages higher than they’ve been in years for most Americans, experts are expecting holiday spending to be up this year.The National Retail Federation’s annual holiday survey found the average consumer will spend $1,007 on gifts, decorations, and more this holid...

    HERALDCOURIER
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    /news-article.aspx?ID=899899

    MOBILE CHECKOUT TIME DECREASES 12 SECONDS IN Q2

    Nov 21, 2018

    The average time for e-commerce checkout using mobile devices is getting faster, decreasing by 12 seconds to 2:25 minutes in the second quarter of 2018 compared to the first quarter of the year, according to the Checkout Conversion Index (CCI) report from Pymnts.com.Of the 673 merchants in the study...

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    /news-article.aspx?ID=907907

    AMAZON HQ EXPANSION MEANS TOUGH FIGHT FOR TALENT

    Nov 20, 2018

    When tech giants like Amazon expand, other companies don’t just worry about losing business. They also fret about hanging on to their employees.Some of the industries that have defined New York City and the Washington, D.C., area will face increased competition for talent when Amazon sets up s...

    APNEWS
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    /news-article.aspx?ID=913913

    FACEBOOK, NOT AMAZON, MAY SOON HAVE THE LAST LAUGH IN RETAIL

    Nov 20, 2018

    At an all-hands meeting last week, Amazon CEO Jeff Bezos, in response to a question from an employee about the lessons learned from Sears, remarked "I predict one day Amazon will fail. Amazon will go bankrupt."And, the company that quite possibly could bring Amazon down and also dominate r...

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    /news-article.aspx?ID=914914

    6 AMAZON PRIVATE LABELS TO WATCH

    Nov 20, 2018

    Private labels have long been a way for retailers to build loyalty and take a bigger slice of margins. But, as with so much else, when Amazon launches or expands a private label, the event is treated with a little more attention. Between the beginning of 2017 and this April, Amazon added 66 of its o...

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    /news-article.aspx?ID=864864

    GEN Z, MILLENNIAL CONSUMERS READY TO SHOP BLACK FRIDAY AND BEYOND

    Nov 19, 2018

    Younger shoppers 16% of Gen Z compared to 7% of their Gen X parents are willing to pull an all-nighter to get in line for Black Friday sales, according to a survey of 7,056 of users of shopping rewards app Shopkick emailed to Retail Dive. While everyone seems to be on the hunt for deals, millennials...

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    /news-article.aspx?ID=866866

    AMAZON, PEP BOYS EXPAND TIRE INSTALLATION SERVICES PARTNERSHIP

    Nov 19, 2018

    Amazon and Pep Boys are expanding nationwide a program that allows consumers to order tires online from Amazon and have them shipped to a Pep Boys service center for installation, according to a Pep Boys press release.The companies tested the program in Tampa, Florida, earlier this year, and have si...

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    /news-article.aspx?ID=880880

    NORDSTROM OVERCHARGED $72M TO CUSTOMERS

    Nov 16, 2018

    Nordstrom on Friday reported that third quarter net sales rose 3% year over year to $3.65 billion, with net sales at flagship Nordstrom reaching $2.37 billion and at its Rack off-price unit reaching $1.28 billion. Digital sales rose 20% in the quarter and accounted for 26% of total revenue in the qu...

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    ORACLE CALLS ON DIGITAL ASSISTANT TO BOOST OPERATIONAL PRODUCTIVITY

    Nov 16, 2018

    Oracle has announced the integration of its Oracle Retail solutions with its recently-announced Oracle Digital Assistant to allow employees of retailer organizations to use voice and text to access applications and information from across their enterprises, according to an Oracle press release.The v...

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    /news-article.aspx?ID=882882

    ONLINE FRAUD ATTEMPTS FORECASTED TO PEAK ON THANKSGIVING DAY

    Nov 16, 2018

    This holiday season, online fraud attempts on retailers will peak on Thanksgiving Day, according to new data from ACI Worldwide, a payments solutions provider. ACI predicts fraud attempts will increase 14% during the peak holiday season between Thanksgiving and Cyber Monday. That is down from ACI...

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    /news-article.aspx?ID=851851

    WALMART IS ABOUT TO OVERTAKE APPLE IN E-COMMERCE

    Nov 16, 2018

    With one of the fastest growing e-commerce businesses in retail, Walmart (including Walmart, Sam’s Club and Jet.com) is about to overtake Apple as America’s No. 3 e-retailer, according to the latest forecast from eMarketer. The estimate comes as the retail giant registered 43% growth in ...

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    /news-article.aspx?ID=852852

    NEIMAN MARCUS HARVESTS THANKSGIVING SHOPPERS FOR CASH

    Nov 16, 2018

    It's been another weird week in retail. Neiman Marcus will cater your Thanksgiving dinner for a mere $371.25 (not including pie), the Butterball "Turkey Talk Line" we all know and love teamed up with Amazon Alexa and Taco Bell adds some unexpected spice to our holiday meals and wardrob...

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    /news-article.aspx?ID=853853

    EBAY'S HOLIDAY TOY CATALOG FEATURES RETRO COLLECTIBLES

    Nov 16, 2018

    If shopping for toys for your kids or grandkids this holiday season makes you yearn for one you never got as a kid, take heart. It's not too late.eBay’s first-ever toy catalog lists much-loved finds from the past along with must-have toys of today.eBay (NASDAQ:EBAY) will follow Amazon&rsqu...

    BIZJOURNALS
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    /news-article.aspx?ID=875875

    CASHIERLESS TECHNOLOGY STARTUP STANDARD COGNITION RAISES $40M

    Nov 16, 2018

    Standard Cognition, a developer of AI-powered autonomous checkout solutions for brick-and-mortar retailers, announced yesterday in a company press release that it has raised $40 million in Series A funding. The round, which brings Standard Cognition’s total funding to more than $50 million, wa...

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    /news-article.aspx?ID=897897

    LOWE’S STORE CLOSURES IN IRVINE, ALISO VIEJO TO IMPACT NEARLY 250 EMPLOYEES

    Nov 15, 2018

    Nearly 250 employees will be displaced when Lowe’s Cos. shutters its stores in Irvine and Aliso Viejo in February, but the company plans to transfer as many as possible to other Lowe’s locations nearby.The two stores are among 51 underperforming locations the company is closing as part o...

    OCREGISTER
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    /news-article.aspx?ID=874874

    RETAIL SALES REBOUND 0.8% IN OCTOBER AS AMAZON, E-COMMERCE GAIN; DOW STAYS FLAT

    Nov 15, 2018

    Retail sales grew 0.8% in October, the Commerce Department reported Thursday. Outside of autos, retail sales rose 0.7%. The confirmation that consumer spending remains solid came as Dow Jones component Walmart (WMT) topped earnings estimates. The Dow Jones industrial average, S&P 500 and Nasdaq ...

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    /news-article.aspx?ID=908908

    WALMART EXPLORING DELIVERY VIA DRIVERLESS VEHICLE

    Nov 15, 2018

    Walmart, automaker Ford Motor Co. and Postmates are collaborating on a pilot program in Miami that will use grocery delivery vehicles driven by humans to help evaluate how self-driving vehicles might be used for such a service, according to a Reuters report. The partnership comes a few months after ...

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    /news-article.aspx?ID=857857

    INSIDE NIKE'S NEW HOUSE OF INNOVATION FLAGSHIP

    Nov 15, 2018

    New Yorkers are many things, but patient is not usually one of them. There were many bemused smiles and confused stares as customers tried to get inside Nike's new flagship on 5th Avenue and were turned away by an impressive-looking bouncer saying it wouldn't open until Thursday, but there w...

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    /news-article.aspx?ID=845845

    EBAY UNVEILS TOY BOOK IN PRINT AND ONLINE

    Nov 15, 2018

    EBay on Wednesday unveiled its holiday Toy Book, touting not just the hot toys of the year but also rare and retro items found through its marketplace.Print copies of the catalog are being mailed to millions, with 4 million slimmer versions found in People magazine on newsstands and sent to People s...

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    /news-article.aspx?ID=865865

    WILL AI REALLY MOVE THE NEEDLE FOR RETAILERS?

    Nov 14, 2018

    Imagine this: A customer needs something to wear for a special occasion, so they come into your store. You’ve hired plenty of associates, but they just stand there, waiting for the customer to come to them. The customer has a question about sizing and finally seek out an associate who then pro...

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    /news-article.aspx?ID=883883

    MACY'S POSTS 4TH STRAIGHT QUARTER OF COMPS GROWTH

    Nov 14, 2018

    Macy's on Wednesday reported that third quarter net sales rose to $5.4 billion from $5.28 billion in the year-ago quarter, as net income reached $62 million, up from $30 million a year ago. E-commerce sales grew in the double digits, according to a company press release.Store comps on an owned b...

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    /news-article.aspx?ID=836836

    A FIGHT IS BREWING OVER SEARS' SURVIVAL IN BANKRUPTCY

    Nov 14, 2018

    Creditors to Sears Holdings and the hedge fund run by the retailer's chairman, Eddie Lampert, are clashing in bankruptcy court over the future of the company.On Friday, attorneys for a group of unsecured creditors filed a preliminary objection to Sears' plan to sell its remaining stores in C...

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    /news-article.aspx?ID=838838

    MANY SHOPPERS SAY MARKETING EMAILS AREN'T EFFECTIVE ON MOBILE

    Nov 14, 2018

    Almost 70% of 1,000 consumers surveyed by email analytics company 250ok and partner Lab42 said they read marketing emails on their smartphones, but about 40% said those emails are not well-designed for their mobile devices, according to the survey results.The top two issues shoppers wish could be im...

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    /news-article.aspx?ID=839839

    AMAZON RELYING ON ITS MARKETPLACE TO SELL APPAREL

    Nov 14, 2018

    Amazon is relying more on its marketplace to sell apparel, and by itself offers fewer Adidas and Nike products than Macy's despite Nike's tie-up with the e-commerce giant, according to a report from Coresight Research. In fact, that partnership reduced Nike's presence on Amazon by 46%, &...

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    /news-article.aspx?ID=840840

    ULTA MAKES 2 TECH ACQUISITIONS TO PUSH DIGITAL FOCUS

    Nov 12, 2018

    Ulta on Thursday at its investor conference announced that it is building "a digital innovation ecosystem," thanks to an investment in e-commerce platform Spruce and the recent acquisitions of AI and augmented reality startups QM Scientific and GlamST. The beauty retailer also announced th...

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    /news-article.aspx?ID=826826

    AMAZON IS DOMINANT ONLINE, BUT LOCAL RETAIL STILL HAS ADVANTAGES JEFF BEZOS CAN’T REPLICATE

    Nov 12, 2018

    The retail battle with Amazon is everywhere, but for me it is raging on 14th Street NW in Washington, D.C. It is here that I have found only three single pockets of resistance to the online retail giant, which is marching its way into everything and at everyone these days. And, even more so here sin...

    RECODE
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    /news-article.aspx?ID=915915

    IS THE ROAD TO BANKRUPTCY PAVED BY PRIVATE EQUITY?

    Nov 09, 2018

    Retail Dive analysis found that more than 15% of retailers acquired by private equity firms over the past 15 years have filed for Chapter 11, including major names like Toys R Us and Sports Authority. Last year, during the height of the so-called retail apocalypse when retail bankruptcies outpaced t...

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    /news-article.aspx?ID=906906

    TUFT & NEEDLE DEBUTS AMAZON EXCLUSIVE MATTRESS

    Nov 09, 2018

    Tuft & Needle on Friday debuted a new mattress, the "Nod," which is exclusive to Amazon, the company said in a press release emailed to Retail Dive.The Nod by Tuft & Needle is made in the U.S. of domestic and foreign components and has a smaller but comparable composition to the or...

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    /news-article.aspx?ID=827827

    AMERICAN EAGLE LEADS $3.45M INVESTMENT IN DORMIFY

    Nov 09, 2018

    American Eagle Outfitters this week has led a $3.45 million Series A investment in Dormify, the college dorm and small-space supplies e-retailer. The funds will go to enhance its web experience for better visualization and expand brick-and-mortar operations through more pop-ups, according to a Dormi...

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    /news-article.aspx?ID=828828

    AMERICAN EAGLE LEADS $3.45M INVESTMENT IN DORMIFY

    Nov 09, 2018

    American Eagle Outfitters this week has led a $3.45 million Series A investment in Dormify, the college dorm and small-space supplies e-retailer. The funds will go to enhance its web experience for better visualization and expand brick-and-mortar operations through more pop-ups, according to a Dormi...

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    /news-article.aspx?ID=829829

    AMAZON TO LAUNCH HOLIDAY POP-UPS THROUGHOUT EUROPE

    Nov 09, 2018

    Amazon will run holiday pop-ups, dubbed "Amazon Loft for Xmas" and centered on electronics and toys, Nov. 16-26 in the city centers of Milan, London, Paris, Madrid, Berlin and Amsterdam, the e-commerce giant said in a press release on its Italian website. The holiday effort, which will als...

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    /news-article.aspx?ID=833833

    THE EXPLOSION WHEN PRIVATE EQUITY MONEY CAME FOR RETAIL

    Nov 09, 2018

    Fifteen years ago, Moody's analyst Charlie O'Shea was giving a talk at a conference when he mentioned having worked with private equity in his previous career in the banking world. Someone in the room asked him about the acquisition potential in retail. The year O'Shea gave that talk, pr...

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    /news-article.aspx?ID=834834

    SEARS CLOSING ANOTHER 40 STORES IN BANKRUPTCY

    Nov 09, 2018

    Sears Holdings on Thursday announced it will shutter 40 more stores as it winds through Chapter 11 and attempts to reorganize its business. They add to the 142 closures Sears announced when it filed for Chapter 11 in October. The closures which include 11 Kmarts and 29 Sears stores  are slated ...

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    /news-article.aspx?ID=846846

    GLOBAL BAR POS SOFTWARE MARKET RESEARCH REPORT 2018 ANALYSIS AND FORECAST 2025

    Nov 08, 2018

    WiseGuyReports.com adds "Bar POS Software Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting 2025" reports tits database. POS software is considered to be a replacement for electronic cash registers that are installed at retail stores or hotels.In 201...

    MARKETWATCH
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    /news-article.aspx?ID=887887

    HOLIDAY SALES POISED TO BE BEST SINCE GREAT RECESSION

    Nov 08, 2018

    Holiday sales this year will be the best since the Great Recession, according to a new report by B. Riley FBR emailed to Retail Dive. Analysts led by Susan Anderson with the investment bank predict same-store sales at retailers they cover will rise 2.2% this holiday season, versus 1.6% in 2017 and 0...

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    /news-article.aspx?ID=841841

    NORDSTROM TAPS CLOUD PLATFORM TO STREAMLINE WHOLESALE BUYING

    Nov 07, 2018

    Nordstrom has tapped NuOrder to provide it with a cloud-based platform to help streamline and add greater insight to the wholesale buying and assortment selection process involving the retailer and its supplier brands, according to a NuOrder press release e-mailed to Retail Dive. The platform will a...

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    /news-article.aspx?ID=858858

    MACY'S, FACEBOOK DEBUT HOLIDAY POP-UP SHOPS

    Nov 06, 2018

    Facebook on Monday opened a small business pop-up at nine Macy's stores in New York City; Pittsburgh; Atlanta; Fort Lauderdale, Florida; San Antonio; Las Vegas, Los Angeles, San Francisco and Seattle  as part of the department store's The Market @ Macy's. As part of that effort, whi...

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    /news-article.aspx?ID=820820

    FIVE REASONS YOUR POS MAY BE YOUR BEST BUSINESS ADVISOR

    Nov 06, 2018

    When business owners first start looking for a POS system, they typically seek out a transactional tool for processing and tracking sales. However, the wealth of management technologies, reporting capabilities and business intelligence that POS systems now offer is increasingly rendering these syste...

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    /news-article.aspx?ID=888888

    WALMART APP DEBUTS AR SCANNER FOR PRODUCT COMPARISONS

    Nov 05, 2018

    Walmart Labs last week announced an augmented reality (AR) scanner that has been integrated into its iOS app to help shoppers make product comparisons, Walmart Labs stated in a blog post. The AR scanner is now live in Walmart’s app. Most barcode scanners can only scan one code at a time but Wa...

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    /news-article.aspx?ID=821821

    AMAZON EXPANDS FREE HOLIDAY SHIPPING TO NON-PRIME MEMBERS

    Nov 05, 2018

    Starting Monday and for an unspecified limited time, all Amazon customers  and not just Prime members  will get free shipping with no minimum purchase, which the e-commerce giant in a press release said will apply to "hundreds of millions of items." Amazon also emphasized that Pr...

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    /news-article.aspx?ID=847847

    HOLIDAY E-COMMERCE EXPECTED TO REACH $124B

    Nov 02, 2018

    Holiday e-commerce sales this year (in November and December) are expected to rise 14.8% over last year to reach $124.1 billion, according to a forecast from Adobe. Nearly one dollar of every six spent on retail purchases will take place online this year, according to the report. The new record is s...

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    /news-article.aspx?ID=822822

    UK TECH RETAILER EXPANDS TO NEIMAN MARCUS, NORDSTROM

    Nov 02, 2018

    U.K. tech accessories retailer Soda Says launched in the U.S. market yesterday with products inside Neiman Marcus' Dallas flagship location and NeimanMarcus.com, according to a press release emailed to Retail Dive. "Soda" is an acronym for School of the Digital Age. Soda Says products ...

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    /news-article.aspx?ID=859859

    WHY CATALOGS STILL HAVE A HOLD ON HOLIDAY MARKETING

    Nov 02, 2018

    A fire's blazing in the background, but it doesn't look quite as magical as the one in the catalog, which also features a few festive blankets, some cozy sweaters and two people looking like they've never been happier than with the cups of cocoa they're gingerly sipping. And suddenly...

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    /news-article.aspx?ID=835835

    WAYFAIR SPENDING EVEN MORE ON CUSTOMER ACQUISITION

    Nov 01, 2018

    Wayfair on Thursday said that third quarter direct retail net revenue rose 43.3% year over year to $1.7 billion. The online furniture and home goods retailer, which runs Joss & Main, AllModern, Birch Lane and the upscale Perigold site in addition to its flagship Wayfair site, grew its number of ...

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    /news-article.aspx?ID=815815

    AMAZON, HOME BUILDER PARTNER FOR ALEXA HOME INSTALLATIONS

    Nov 01, 2018

    Amazon’s latest incursion into home building came this week with the announcement of a partnership with TRI Pointe Group to offer homebuyers smart homes with Amazon’s Alexa voice technology, according to a press release from the home builder. All six of TRI Pointe’s homebuilder bra...

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    /news-article.aspx?ID=816816

    SAM'S CLUB 'CLOSE' TO UNVEILING CASHIERLESS AMAZON GO RIVAL

    Oct 30, 2018

    After hinting at a cashierless store concept in June, Sam's Club on Monday revealed more details about "Sam's Club Now." The store, which will open "soon" in Dallas, "will be the epicenter of innovation for Sam’s Club," the company said in a press release....

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    /news-article.aspx?ID=803803

    ONE THIRD OF DISCRETIONARY INCOME IS NOW SPENT ONLINE

    Oct 30, 2018

    One third of consumers' monthly discretionary income is now spent online, according to a new report from BigCommerce. The report also found that 39% of the global respondents to the survey went to the website of a brand before committing to buy a product in a brick-and-mortar store, and 33% went...

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    /news-article.aspx?ID=804804

    MOODY'S BOOSTS RETAIL OUTLOOK TO 'POSITIVE' FOR THE FIRST TIME IN 3 YEARS

    Oct 26, 2018

    For the first time since mid-2015, Moody’s Investors Service on Thursday changed its outlook for U.S. retail to positive from stable, saying the industry is reaping the benefits of a strong economy and their own investments in e-commerce and operating efficiencies. Amazon and other e-tailers, ...

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    /news-article.aspx?ID=867867

    BARBIE COMES TO MATTEL'S RESCUE AS SALES DECLINE ACROSS BRANDS

    Oct 26, 2018

    Mattel on Thursday reported that third quarter net sales fell 8% (6% in constant currency) to $1.44 billion, with net sales in North America rising 4%. North America gross sales rose 6%, the highest rate in the region since the fourth quarter of 2015, despite a 3% negative impact from Toys R Us and ...

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    /news-article.aspx?ID=798798

    HOLIDAY SHOPPERS PLAN TO SPEND 4.1% MORE THIS YEAR

    Oct 25, 2018

    Holiday shoppers will spend an average $1,007.24 this year, up 4.1% from the $967.13 they planned on spending last year, according to the annual consumer report by the National Retail Federation and Prosper Insights & Analytics. Prosper conducted the survey of 7,313 adult consumers between Oct. ...

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    /news-article.aspx?ID=800800

    BED BATH & BEYOND DOWNGRADED AS STRUGGLES PERSIST

    Oct 25, 2018

    S&P Global Ratings on Wednesday lowered its issuer credit rating on Bed Bath & Beyond to BB+ from BBB-; the outlook is negative, according to a press release from S&P emailed to Retail Dive. The retailer's highly promotional stance and the growing expense of its omnichannel services ...

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    /news-article.aspx?ID=807807

    5 TOP WOMEN TRANSFORMING RETAIL

    Oct 25, 2018

    Some of the biggest pushes in retail innovation are coming from female executives. Yet leadership in the retail sector, like many other industries, is not always diverse. The number of female chief executives within Fortune 500 companies fell by 25% within the past year, according to a May 2018 arti...

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    /news-article.aspx?ID=810810

    SALLY BEAUTY DEBUTS NEW LOYALTY PROGRAM

    Oct 24, 2018

    Sally Beauty on Tuesday unveiled a new nationwide
    Sally Beauty Rewards program, replacing its Beauty Club Program, after successful pilots in Florida and Georgia that have run since last year. The new program features a "more personalized experience with more bonuses and exclusive perks,...

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    /news-article.aspx?ID=808808

    AMAZON STUDIOS GEARS UP FOR E-COMMERCE INTEGRATIONS

    Oct 24, 2018

    Amazon Studios’ new chief has quietly been filling a pipeline of tie-ups between the studio’s original content and the wider business. Jennifer Salke, who was named head of Amazon Studios in February, has spent her eight months in the job building relationships with other leaders and sta...

    THEDRUM
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    /news-article.aspx?ID=794794

    SMART SPEAKER ADOPTION HAS NEARLY DOUBLED IN A YEAR

    Oct 22, 2018

    Ownership of smart speakers enabled with voice-activated virtual assistants almost doubled over the last year, from 14% in 2017 to 27% in 2018, among more than 2,800 consumers surveyed by Visa and PYMNTS.com, according to the pair’s latest "How We Will Pay" report. The survey also fo...

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    /news-article.aspx?ID=784784

    RETAILERS DREAMING OF A GREEN CHRISTMAS WITHOUT TOYS R US

    Oct 19, 2018

    Even with all the ink spilled over Toys R Us' sudden demise in Chapter 11, it's still an open question whether customers will even notice Toys R Us missing from the retail landscape this year, much less years into the future. To some degree, the world without Toys R Us (news of its surviving...

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    /news-article.aspx?ID=780780

    FOURPOST 'MICROSTORES' TO CURATE E-COMMERCE BRANDS AT MALL OF AMERICA

    Oct 18, 2018

    Fourpost, a retail concept founded by CEO Mark Ghermezian (whose family’s Triple Five Group owns big-scale North American malls) on Nov. 1 will open "microstores" of local, emerging and e-commerce pure-plays at two of those centers, the Mall of America in Bloomington, Minnesota, and ...

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    /news-article.aspx?ID=785785

    TARGET CLEARS 250K SQUARE FEET OF SPACE FOR TOY EXPERIENCES

    Oct 18, 2018

    Target is more than doubling its holiday toy assortment and making room in stores by a "quarter-million additional square feet" to accommodate the additional merchandise and in-store events for children and families, the company said in a blog post this week. Target stores will host more t...

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    /news-article.aspx?ID=791791

    H&M INVESTS $13M IN AI-DRIVEN MENSWEAR STARTUP THREAD

    Oct 17, 2018

    H&M, through its venture capital arm H&M CO:LAB, has invested $13 million in Thread, an e-commerce startup specializing in personalized menswear styling, reported Business of Fashion. H&M led a $22 million Series B funding round for Thread, according to a press release. The total investm...

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    /news-article.aspx?ID=781781

    NINE WEST LENDERS LOOK TO SUE SYCAMORE OVER 'OUTRIGHT FRAUD'

    Oct 17, 2018

    A group of unsecured creditors to Nine West have asked a federal bankruptcy court for permission to sue the fashion retailer's private equity owner, Sycamore Partners, over an alleged fraudulent transfer and other claims totaling "well over $1 billion," according to a court filing. Syc...

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    /news-article.aspx?ID=772772

    MOST SHOPPERS STILL SEEK DISCOUNTS

    Oct 16, 2018

    Despite a thriving economy and high levels of consumer confidence, shoppers continue to seek discounts, according to the latest issue of the quarterly Consumer View report from the National Retail Federation. Its survey of more than 3,000 U.S. adults found that 89% shop at various types of discount ...

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    /news-article.aspx?ID=773773

    AMAZON LAUNCHPAD TO FEATURE 'SHARK TANK'-FUNDED PRODUCTS

    Oct 16, 2018

    Amazon has become an official retail partner of the TV show "Shark Tank,” launching a Shark Tank Collection of past and new products featured on the show on its Amazon Launchpad platform, the e-commerce giant announced in a press release.The collection, featuring more than 70 products tha...

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    /news-article.aspx?ID=767767

    HERE'S WHY SEPTEMBER RETAIL SALES ARE SHOCKING

    Oct 15, 2018

    Retail sales grew a slim 0.1% in September, the Commerce Department reported Monday. Outside of autos, retail sales slipped 0.1% despite elevated consumer economic optimism. Wall Street expected a 0.6% gain overall, with a 0.4% rise excluding autos.Retail sales rose a solid 0.5% excluding automobile...

    INVESTORS
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    /news-article.aspx?ID=764764

    FORMER RETAIL TITAN SEARS FILES FOR BANKRUPTCY, TO CLOSE 142 MORE STORES

    Oct 15, 2018

    Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday with a plan to close 142 more stores, throwing into doubt the future of the century-old retailer that once dominated U.S. malls but has withered in the age of internet shopping.The Chapter 11 filing to reorganize debts of the parent of Se...

    NEWS18
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    /news-article.aspx?ID=765765

    WALMART SUED OVER USE OF CUSTOMER DATA ONLINE

    Oct 11, 2018

    Two Walmart customers are suing the retail giant over allegations that it knowingly disclosed their personal information, including their Facebook accounts and purchase information, without their consent when they bought video content on walmart.com, according to California Superior Court documents ...

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    /news-article.aspx?ID=757757

    GOOD THING J.C. PENNEY'S NEW MERCHANDISER IS THE CEO

    Oct 11, 2018

    J.C. Penney is on the ropes, reaching the limits of its many recent cost-cutting moves — including shuttering stores and laying off workers and struggling to participate in a retail boom that has been lifting rivals in recent quarters. It hasn't been a good time to be rudderless, but, in M...

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    /news-article.aspx?ID=760760

    MATTRESS FIRM GETS GREEN LIGHT TO CLOSE STORES, PAY VENDORS

    Oct 11, 2018

    After filing for bankruptcy Oct. 5, Mattress Firm noted in a press release that it has received court approval for all first day motions, including access to an initial portion of its bankruptcy financing — up to $150 million, per court documents. Mattress Firm's plan for store closures ha...

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    /news-article.aspx?ID=761761

    SEARS REPORTEDLY MISSES VENDOR PAYMENTS WHILE BANKS PUSH FOR LIQUIDATION

    Oct 10, 2018

    After news broke this week that Sears was arranging a possible bankruptcy filing, Reuters reported early on Thursday that the retailer has missed payments to vendors, adding to imminent bankruptcy concerns. Later in the morning, The Wall Street Journal reported that a group of lenders — includ...

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    /news-article.aspx?ID=751751

    NEW TECH USES PRODUCT 'FINGERPRINTS' TO DETECT COUNTERFEITS

    Oct 08, 2018

    Entrupy has launched a fingerprinting solution to counteract the growth of counterfeit products, according to a press release. The company's company's tech uses computer vision techniques, artificial intelligence and machine learning to verify the authenticity of designer and luxury goods th...

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    /news-article.aspx?ID=747747

    TARGET STOKES PRICE WAR WITH NEW SMARTLY PRIVATE LABEL

    Oct 08, 2018

    Starting Oct. 14, Target will roll out a new private label essentials and personal care line, currently including 70 products like body lotion, paper plates, straws, sandwich bags and razor blades. Most items are priced under $2 but range from $0.59 to $11.99, the company said on its A Bullseye View...

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    /news-article.aspx?ID=742742

    DSW BANKS ON KIDS, SHOE REPAIR AND NAIL BARS

    Oct 08, 2018

    It's taken a couple of years, but every DSW store will now have a kids section, satisfying a customer need that was apparent during the back-to-school season and that's not the only change the footwear retailer has recently introduced.The company also restructured its loyalty program in May,...

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    /news-article.aspx?ID=766766

    AMAZON STUDIOS GEARS UP FOR E-COMMERCE INTEGRATIONS

    Oct 08, 2018

    Amazon Studios’ new chief has quietly been filling a pipeline of tie-ups between the studio’s original content and the wider business. Jennifer Salke, who was named head of Amazon Studios in February, has spent her eight months in the job building relationships with other leaders and sta...

    THEDRUM
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    /news-article.aspx?ID=795795

    HERE'S WHO IS MAKING MOVES IN 2018 HOLIDAY HIRING

    Oct 05, 2018

    Low unemployment, high consumer confidence and other sunny economic metrics are expected to lift holiday sales this year. They could also boost hiring and wages as retailers try to fill seasonal slots in their stores and operations.NRF President and CEO Matthew Shay said at an Oct. 3 press conferenc...

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    /news-article.aspx?ID=744744

    MATTRESS FIRM REPORTEDLY PREPARING TO FILE FOR BANKRUPTCY

    Oct 04, 2018

    Mattress Firm is reportedly preparing to file for bankruptcy as soon as this week, according to Reuters, which first reported the story, and The Wall Street Journal. Unnamed sources familiar with the matter told Reuters that the mattress retailer was looking to exit costly store leases and shore up ...

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    BARNES & NOBLE PAGES THROUGH STRATEGIC OPTIONS, INCLUDING A SALE

    Oct 04, 2018

    Barnes & Noble on Wednesday evening announced it has entered into a formal review process to evaluate strategic alternatives, including a possible sale. The move comes on the heels of "expressions of interest from multiple parties," including from Chairman and Founder Leonard Riggio, t...

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    ROSS TO SETTLE $4.9M LAWSUIT OVER 'DECEPTIVE' PRICE TAGS

    Oct 03, 2018

    Ross Stores customers suing the off-price retailer for what they said were "deceptive" and "misleading" pricing practices in a class action lawsuit have asked the United States District Court for the Central District of California in Los Angeles to approve a $4.9 million settleme...

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    HOW BIG IS AMAZON'S WAGE INCREASE?

    Oct 03, 2018

    In a Tuesday blog post announcing its wage increase, Amazon said that, because its hourly workers have said they prefer "the predictability and immediacy of cash" to receiving restricted stock units (RSU), which some companies use to compensate employees, it's phasing out its RSU grant...

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    APPAREL GROUP WANTS SOME AMAZON SITES LISTED AS 'NOTORIOUS' COUNTERFEIT MARKETS

    Oct 03, 2018

    In a statement emailed to Retail Dive an Amazon spokesperson said, "Amazon and the American Apparel & Footwear Association are both committed to protecting American intellectual property. We invest tremendous resources to protect our marketplace from inauthentic goods and will continue to w...

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    HOW ELOQUII FITS INTO WALMART'S QUEST FOR UPSCALE GROWTH

    Oct 03, 2018

    Despite already being the largest company in the world, Walmart is still hungry for growth. On Tuesday, the retail powerhouse announced its latest acquisition of a digitally native millennial brand  four-year-old women's plus-size apparel brand Eloquii. While Walmart did not disclose the de...

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    KROGER TO TEST ONLINE PICKUP AT WALGREENS STORES

    Oct 02, 2018

    Kroger announced it will test online order pickup at 13 Walgreens stores located near the grocer's Cincinnati headquarters, according to a news release. The pilot will last several months and will closely track customer feedback. The Walgreens stores will also carry a selection of Kroger private...

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    WALMART BUYS ELOQUII FOR UNDISCLOSED AMOUNT

    Oct 02, 2018

    A person familiar with the acquisition told Recode Tuesday afternoon that Walmart will pay $100 million, roughly two and a half to three times Eloquii's annual revenue. An anonymous source also told CNBC it valued the company at $100 million and that other retailers had been interested in buying...

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    THE FAULTLINES IN RETAIL REAL ESTATE

    Oct 01, 2018

    As Armageddons go, the retail apocalypse is turning out to be short-lived. After a few years of headlines blaring about devastation and the scourge of e-commerce for physical stores, retailers in recent quarters are posting healthy comps and increases in foot traffic."The term 'retail apoca...

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    AMAZON JUMPS ON MATTRESS DISRUPTION WITH NEW PRIVATE LABEL

    Oct 01, 2018

    Amazon has quietly joined in the ongoing disruption of mattress sales with a new AmazonBasics private label option. The offering was noted over the weekend by TJI Research, a service launched last month that tracks the business of Amazon. Amazon's AmazonBasics Memory Foam Mattress at press time ...

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    AMAZON TO OPEN NEW RETAIL STORE IN NYC IN LATEST BRICK-AND-MORTAR PUSH

    Sep 27, 2018

    Amazon.com Inc on Wednesday said it is opening a store in New York City that will sell products ranging from card games to skillets that are highly rated on its website, in the company's latest push into brick-and-mortar retail.The shop, known as Amazon 4-Star, marks a new store format for the w...

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    47% OF CONSUMERS PREFER EMAIL MESSAGES FROM RETAILERS

    Sep 27, 2018

    Email remains one of the most dominant forces in digital marketing for retailers, with 47% of consumers rating email as their most preferred media channel for brand communications, according to a new study from Yes Lifecycle Marketing. Email is far ahead of other channels, such as display advertisin...

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