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News Briefs

Staying on top of breaking news in the retail industry is a commitment Retail TouchPoints editors take seriously. Each day, we publish the latest information in this News Briefs section. Up-to-the-minute stories cover retail implementations, new product announcements, financial updates, executive appointments and overall global updates affecting every aspect of the retail industry.

SEO Platform BrightEdge Generates More Than $65B For Customers
PacSun Implements EMV Payment Protections

PacSun Implements EMV Payment Protections

February 23 // Written by Glenn Taylor

Cashback Rewards App Integrates Mobile Payments

Cashback Rewards App Integrates Mobile Payments

February 21 // Written by Glenn Taylor

Stratix To Support Verifone Payment Devices

Stratix To Support Verifone Payment Devices

February 17 // Written by Glenn Taylor

Lidl To Open 20 U.S. Stores In Summer 2017

Lidl To Open 20 U.S. Stores In Summer 2017

February 16 // Written by Glenn Taylor

Whole Foods Leverages Customer Data To Improve Merchandising

Whole Foods Leverages Customer Data To Improve Merchandising

February 15 // Written by Klaudia Tirico

Sunglass Hut Localizes In-Store Experience

Sunglass Hut Localizes In-Store Experience

February 14 // Written by Adam Blair

Payless Mulls Closing 1,000 Of 4,400+ Stores

Payless Mulls Closing 1,000 Of 4,400+ Stores

February 13 // Written by Glenn Taylor

Chatbot Acceptance Rises, But Human Backup Still Preferred

Chatbot Acceptance Rises, But Human Backup Still Preferred

February 10 // Written by David DeZuzio

Square Debuts Retail POS App

Square Debuts Retail POS App

February 10 // Written by Klaudia Tirico

Pinterest Rolls Out Search Ads

Pinterest Rolls Out Search Ads

February 10 // Written by David DeZuzio

Tory Burch, Burberry Deploy Adyen Payment Platform

Tory Burch, Burberry Deploy Adyen Payment Platform

February 08 // Written by Klaudia Tirico

12 Restaurant Brands Choose Cloud-Based Loyalty Platform

12 Restaurant Brands Choose Cloud-Based Loyalty Platform

February 07 // Written by David DeZuzio

SEO Platform BrightEdge Generates More Than $65B For Customers

  • Published in News Briefs
Content marketing is becoming a key aspect of marketing operations, as brands and retailers continue to connect with online audiences in more meaningful ways. The combination of content marketing with organic search has fueled the rapid growth of SEO platform provider BrightEdge. The company recently announced that its base of…
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Under Armour, Coca-Cola To Speak At 2017 SXSW Retail Innovation Lounge

  • Published in News Briefs
Shopgate and advisory firm kwolia will be hosting the Retail Innovation Lounge during the SXSW Conference on March 11-13, 2017 at Shopgate’s headquarters in Austin, Texas. The two companies recently announced a lineup of speakers for the three-day event that includes C-level executives from companies including Treehouse, Under Armour and…
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PacSun Implements EMV Payment Protections

  • Published in News Briefs
PacSun has selected BTM Global, a retail systems integration and development service, to implement and integrate EMV software into its credit and debit card payment systems. The move comes nearly 17 months after the Oct. 1, 2015 EMV liability shift, when retailers became liable for losses stemming from card-present fraud.
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Sycamore Partners Snaps Up Limited Stores' Assets For $26.75 Million

  • Published in News Briefs
Retail-focused private equity firm Sycamore Partners has made the winning bid for The Limited Stores' brand name and e-Commerce business. Both Reuters and The Wall Street Journal quote sources familiar with the matter, although neither the retailer nor Sycamore Partners has confirmed the sale or the reported $26.75 million purchase…
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Radial Adds ‘Buy Now, Pay Later’ Option To Payments Platform

  • Published in News Briefs
Radial has integrated European financing platform provider Klarna into its payments platform, enabling retail clients and prospects to offer additional financing options at checkout. Using Klarna, shoppers can spread their payments out from as few as six to 36 months with low APR financing offers. Klarna’s process requires users to…
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Cashback Rewards App Integrates Mobile Payments

  • Published in News Briefs
Customer loyalty program technology startup ReCASHeR has signed a strategic partnership to collaborate with alternative mobile payment company Blue Code. ReCASHeR embeds Blue Code in its mobile app so consumers can pay using the platform with approximately 15,000 cashier systems in Austria and various merchants in Germany. The team is…
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Walmart Rides Jet.com To 29% Online Sales Boost

Walmart’s $3.3 billion acquisition of Jet.com in August 2016 has certainly done its share to bolster the brand’s e-Commerce presence. The retail giant increased its online sales for the third quarter in a row with a 29% year-over-year uptick in Q4. Before the Jet.com acquisition, Walmart’s e-Commerce sales growth had declined in five straight quarters, falling to just 7% in Q1 2016. But Walmart has steadily increased its e-Commerce investments in recent years to better compete with Amazon, spending more than $900 million in 2016 with plans to spend $1.1 billion this year.

Stratix To Support Verifone Payment Devices

  • Published in News Briefs
Managed mobile services provider Stratix Corporation announced it is now an authorized Verifone Estate Manager Technical Support Center. Stratix will support Verifone payment devices for enterprise customers through the company’s terminal management platform. In including Verifone Estate Manager technical support, Stratix can further streamline mobile management programs for their joint…
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GNC Takes $433 Million Loss Amid Mass Rebranding

GNC’s furious attempt at a turnaround is not looking promising. The retailer reported a net loss of $433 million in Q4, demonstrating that the brand will need more than a new marketing strategy to get back on its feet. GNC closed all 4,400+ of its stores on Dec. 28, 2016 before reopening its doors the next day as part of a companywide rebranding campaign. The “One New GNC” campaign emphasizes a single-tiered pricing strategy both in-store and on GNC.com, replacing multiple pricing structures across channels and membership levels. The retailer also revamped its loyalty structure, launching a free loyalty program (myGNC Rewards) and a paid program (PRO Access).

Lidl To Open 20 U.S. Stores In Summer 2017

  • Published in News Briefs
One week after its CEO resigned due to strategic differences, Lidl announced it will be opening its first 20 U.S. supermarkets in Summer 2017 — putting American grocers on notice. The German no-frills grocery chain is ahead of schedule, originally planning to open its first batch of U.S. stores no…
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Estée Lauder Furthers Nigerian Footprint With Jumia Partnership

  • Published in News Briefs
The Estée Lauder Companies has partnered with online retail ecosystem Jumia to give Nigerian consumers first-time access to three of its brands – Clinique, Estée Lauder and Aramis. With the African e-Commerce market expected to reach $50 billion USD in 2018, Estée Lauder is capitalizing on a gigantic opportunity. The…
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Love’s Travel Stops Selects WFM And Store Auditing Solutions

  • Published in News Briefs
Love’s Travel Stops & Country Stores, a retailer with more than 400 locations in 40 states and 17,000 employees, has selected the Reflexis workforce management suite of solutions.  Love’s, whose locations provide fuel, snacks, travel items, motorist and professional truck driver services and a selection of restaurants, selected Reflexis Workforce…
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Whole Foods Leverages Customer Data To Improve Merchandising

  • Published in News Briefs
Whole Foods Market has partnered with dunnhumby to help evolve its category management and merchandising through customer data and insights. By leveraging data-driven, customer-led insights, Whole Foods will be positioned to enhance the shopping experience by helping customers find the products, services, brands and flavors most relevant to their needs.
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Sunglass Hut Localizes In-Store Experience

  • Published in News Briefs
Sunglass Hut has enabled stores across Australia and New Zealand to localize and personalize merchandising, with the goal of creating shopping experiences that feel custom-tailored for each location. The retailer, which operates more than 2,700 locations worldwide, has implemented the One Door Merchandising Cloud application. The solution combines product and…
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ALDO Group Transforms Supply Chain To Support Operations Planning

  • Published in News Briefs
The ALDO Group has deployed Logility Voyager Solutions to support its sales and operations planning and supply chain transformation initiative. The footwear and accessories manufacturer/retailer operates an omnichannel supply chain that includes wholesale customers, franchise- and company-owned retail locations and direct-to-consumer operations.
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Payless Mulls Closing 1,000 Of 4,400+ Stores

  • Published in News Briefs
The store closing bug has claimed its latest victim, with Payless ShoeSource reportedly shuttering as many as 1,000 stores as part of a restructuring plan, according to Bloomberg. The discount shoe retailer may file for bankruptcy if it's unable to reach a deal with creditors, and a decision on whether…
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Pinterest Rolls Out Search Ads

  • Published in News Briefs
Pinterest has introduced a Search Ads feature, giving retailers a new way to reach the social network's 150 million monthly users. The new offering, in partnership with Kenshoo, includes keyword and shopping campaigns and a variety of new targeting and reporting options. Some heavy hitters including Target, eBay, Walgreens, Garnier…
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Tory Burch, Burberry Deploy Adyen Payment Platform

  • Published in News Briefs
Adyen, a global payments technology company, has advanced further into the retail market by providing in-store and omnichannel payment solutions for companies such as Tory Burch and Burberry, as well as L’Oreal, Kit and Ace and Scotch & Soda. Last year, the company’s in-store solution expanded to more than 2,700…
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