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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.

Turkish Retailer Expands Omnichannel Capabilities

Turkish Retailer Expands Omnichannel Capabilities

September 22 // Written by Adam Blair

Belly Launches Omnichannel Loyalty Platform

Belly Launches Omnichannel Loyalty Platform

September 21 // Written by Klaudia Tirico

Oracle Takes Shot At Amazon With Continued Cloud Migration

Oracle Takes Shot At Amazon With Continued Cloud Migration

September 19 // Written by Glenn Taylor

Using Social Media To Measure Event Engagement

Using Social Media To Measure Event Engagement

September 16 // Written by Klaudia Tirico

The Royal Group Integrates Shelfbucks Into POP Displays

The Royal Group Integrates Shelfbucks Into POP Displays

September 15 // Written by Glenn Taylor

Retailers With Mature Mobile Apps Drive 90% More Conversions
Optimove Raises $20 Million In Debut Funding Round

Optimove Raises $20 Million In Debut Funding Round

September 14 // Written by Klaudia Tirico

Sailthru Wins Facebook Spotlight Award

Sailthru Wins Facebook Spotlight Award

September 12 // Written by Klaudia Tirico

PacSun Exits Bankruptcy With Most Stores Still Open

PacSun Exits Bankruptcy With Most Stores Still Open

September 08 // Written by Adam Blair

Chico’s Net Sales Slip 7.3%; Retailer Cuts 200 Jobs

Chico’s Net Sales Slip 7.3%; Retailer Cuts 200 Jobs

September 06 // Written by Klaudia Tirico

Aéropostale’s Next Stop: Liquidation?

Aéropostale’s Next Stop: Liquidation?

August 30 // Written by Glenn Taylor

Nike Is #1 Brand Addressing Consumer Social Behavior

Nike Is #1 Brand Addressing Consumer Social Behavior

August 29 // Written by Glenn Taylor

Turkish Retailer Expands Omnichannel Capabilities

  • Published in News Briefs
Turkish apparel retailer DeFacto has built a significant physical footprint, with 357 stores in Turkey along with 60 locations in 12 other countries across the EMEA region. Now the brand is stepping up its omnichannel capabilities with the deployment of an order management system from OrderDynamics. DeFacto already is a de…
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Accenture To Acquire Kurt Salmon

Accenture has agreed to acquire global strategy consulting firm Kurt Salmon. Through the acquisition, Accenture will be able to expand its strategic capabilities in order to deliver end-to-end consulting services to top retailers and private equity firms.

Belly Launches Omnichannel Loyalty Platform

  • Published in News Briefs
Loyalty technology provider Belly has launched BLUE, a configurable omnichannel loyalty platform for enterprise retailers. The new solution enables retailers to create unified experiences in-store, on mobile and online, in real time.
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Oracle Takes Shot At Amazon With Continued Cloud Migration

  • Published in News Briefs
Amazon has benefitted greatly from its cloud platform, Amazon Web Services (AWS), and now Oracle is seeking to up the competition with added functionalities for its cloud infrastructure offerings. The new emphasis comes as the technology giant aims to pivot from a seller of software licenses to a business more…
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Using Social Media To Measure Event Engagement

  • Published in News Briefs
Retailers are increasingly turning to social media as a tool to determine how the public perceives their brand. A recent report from Boston Retail Partners revealed that 59% of retailers utilize social media comments as a means to track customer satisfaction, while 60% capture customer feedback and insights from social…
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The Royal Group Integrates Shelfbucks Into POP Displays

  • Published in News Briefs
The Royal Group, a provider of design, manufacturing, fulfillment, warehousing and distribution solutions for retailers and CPG manufacturers, has partnered with Shelfbucks to implement the SmartDisplay platform into its point-of-purchase (POP) merchandising displays. The SmartDisplay platform provides measurable reports on when and where displays are installed within U.S. retail stores.…
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Retailers With Mature Mobile Apps Drive 90% More Conversions

  • Published in News Briefs
An intuitive mobile app enables retailers to provide consumers with capabilities like instant loading, offline content, push notifications and personalization as a means to drive sales. In fact, retailers with sophisticated mobile apps drive 90% more conversions than other retailers, according to research from Criteo. In 2016, mobile apps have…
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Sailthru Wins Facebook Spotlight Award

  • Published in News Briefs
Customer retention cloud provider Sailthru has received the Facebook Innovation Spotlight Award for Personalized Marketing at Scale. The company, which counts retailers such as Rent The Runway and Everlane as customers, has been a Facebook partner since 2014 and helped with the launch of the social network’s lead ads.
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Amazon May Open As Many As 100 ‘Device’ Pop-Ups Nationwide

  • Published in News Briefs
With a brick-and-mortar store open in Seattle and plans for three more openings by early 2017, Amazon has finally broken ground on a traditional physical store presence. But these stores aren’t the e-Commerce giant’s first physical retail expansion; Amazon opened its first pop-up kiosks in San Francisco and Sacramento, Calif.…
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PacSun Exits Bankruptcy With Most Stores Still Open

  • Published in News Briefs
Bucking the trend of retail bankruptcies that result in either total liquidations or severe cutting of stores, Pacific Sunwear of California (PacSun) has emerged from bankruptcy with nearly the same physical footprint as before its April 2016 filing. But that doesn’t mean the mall-based teen retailer is completely unscathed. Hundreds…
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PayPal Extends Mastercard Partnership As It Aims To Boost Brick-And-Mortar Presence

  • Published in News Briefs
Two months after PayPal patched up an old rivalry with Visa, the digital payments platform is entering a similar agreement with Mastercard. Goals include: • Expanding the companies’ existing partnership, • Integrating Mastercard into PayPal at brick-and-mortar stores; and • Building a universal checkout option for consumers. As part of…
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Aéropostale Avoids Liquidation As Consortium Saves 229 Stores

  • Published in News Briefs
After months of uncertainty and worries about liquidation that have loomed since filing for bankruptcy in May, Aéropostale has fought to live another day. A consortium of companies, including mall operators Simon Property Group and General Property Group, licensing firm Authentic Brands Group and liquidators Gordon Brothers and Hilco Merchant…
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Hayneedle Appoints 3 New Execs, Set To Hire 300 More Employees By 2017

Hayneedle.com, an online home décor and furnishing retailer, has expanded its executive team and expects to hire 300 more employees by the end of 2016. The retailer, which Jet.com acquired in March 2016, has created three new executive positions: VP of Operations; Director of E-Commerce Systems; and Director of Talent Acquisition. With Walmart now devoting significant resources to Jet.com after acquiring the company in August, Hayneedle has more reasons to accelerate its growth path.

Aéropostale’s Next Stop: Liquidation?

  • Published in News Briefs
UPDATE: A consortium of landlords, liquidators and the licensing company Authentic Brands Group reportedly made a collective $243.3 million bid on Aéropostale, according to the Wall Street Journal. The bid would save 229 Aéropostale stores and as many as 10,000 employees. The consortium included Simon Property Group and General Growth…
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Rackspace Agrees To $4.3B Acquisition; Will Become Privately Held

Apollo Global Management has entered into a definitive agreement to acquire Rackspace, a cloud computing company, for $32 per share. The transaction is valued at $4.3 billion, and is set to close in Q4 2016. Upon completion, Rackspace will become a privately-held company.
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