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Location-Based Technology: Plotting The Right Course

Location-Based Technology: Plotting The Right Course

February 12, 2016 | Business Intelligence / Data / Analytics

The potential opportunities available through location-based services (LBS) are transforming the retail industry and are essential to delivering enhanced customer experiences in 2016 and beyond. Cracking the Code: Deciphering Retail Location-Based Services Technology, a white paper from Boston Retail Partners, breaks down the nuances of each solution, from GPS to WiFi to RFID to Bluetooth and more, with in-use examples from retail giants North Face, Target, Burberry, Argos and Macy’s. LBS is here; are you ready to plot your course? Why You Need Location-Based Services With the staggering pro...

Movers & Shakers

Toys ‘R’ Us Promotes Joe Venezia To Global Store Operations Post

Toys ‘R’ Us Promotes Joe Venezia To Global Store Operations Post

Toys ‘R’ Us has promoted Senior VP of Store Operations Joe Venezia to the post of Executive VP of Global Store Operations, effective February 22. Venezia will take on responsibility...

Cabela’s Appoints Scott K. Williams As President

Cabela’s Appoints Scott K. Williams As President

Specialty outdoors retailer Cabela’s has named Scott K. Williams President, effectively immediately. Williams, who previously held the titles of Executive VP and CCO, will handle additional responsibility for U.S. retail...

SuperValu Names Outsider As New President And CEO

SuperValu Names Outsider As New President And CEO

SuperValu has appointed Mark Gross as its new President and CEO, effective Feb. 5, 2016. Gross will succeed outgoing CEO Sam Duncan, who previously announced his retirement from the company...

Mergers & Acquisitions

Heartland Acquires Beanstalk Data To Add Customer Engagement Capabilities

Heartland Acquires Beanstalk Data To Add Customer Engagement Capabilities

Heartland Payment Systems has acquired Beanstalk Data, a customer engagement platform provider for quick service and fast food restaurants, for an undisclosed amount. The payment processor aims to help restaurants...

Lowe's To Acquire Canadian Doppelgänger RONA

Lowe's To Acquire Canadian Doppelgänger RONA

Lowe's will acquire home improvement retailer RONA, also known as “the Canadian Lowe’s,” for C$3.2 billion (US$2.3 billion). Sylvain Prud’homme, President of Lowe’s Canada, will lead all Canadian operations. Because of...

MarketLive, Shopatron And Fiverun Now Merged Under One Name: Kibo

MarketLive, Shopatron And Fiverun Now Merged Under One Name: Kibo

Vista Equity Partners, a private equity firm focused on software and technology providers, has acquired mobile POS platform provider Fiverun for an undisclosed sum. With the acquisition, Vista will merge...

Financial News

Sports Authority Closes In On Bankruptcy Filing; 200 Stores Could Close

Sports Authority Closes In On Bankruptcy Filing; 200 Stores Could Close

Sports Authority is in talks with lenders including TPG Capital Management LP to file for Chapter 11 bankruptcy and further reorganize the company, according to a Bloomberg report. The reorganization would...

L’Oreal, Office Depot Tune Up Machine Learning Capabilities

L’Oreal, Office Depot Tune Up Machine Learning Capabilities

Retailers such as L’Oreal, Office Depot, Runtastic, Shiseido and The Body Shop have entrusted their machine learning, data science and personalization capabilities to cloud marketing solution provider Emarsys. In adding 400...

Judge Approves American Apparel’s Exit Strategy, Ending Charney’s Comeback Attempt

Judge Approves American Apparel’s Exit Strategy, Ending Charney’s Comeback Attempt

A bankruptcy court judge has approved American Apparel’s Chapter 11 exit strategy, officially taking the company private and handing majority ownership to the retailer’s lenders. The retailer is expected to...