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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.

PurCotton Deploys Solutions To Support Omnichannel Growth

PurCotton Deploys Solutions To Support Omnichannel Growth

August 18 // Written by Klaudia Tirico

Hubba Unveils Flares Tool For Product Discovery Process

Hubba Unveils Flares Tool For Product Discovery Process

August 18 // Written by Klaudia Tirico

Asian E-Tailer GRANA Takes Pop-Ups On U.S. Tour

Asian E-Tailer GRANA Takes Pop-Ups On U.S. Tour

August 17 // Written by Klaudia Tirico

Alipay Brings U.S. Yelp Reviews To Alibaba Customers

Alipay Brings U.S. Yelp Reviews To Alibaba Customers

August 17 // Written by Glenn Taylor

Shopicks Rebrands Digital Shopping Platform As Thinkover
Shopkick Now Rewards Users For Shopping On Mobile Devices

Shopkick Now Rewards Users For Shopping On Mobile Devices

August 07 // Written by Klaudia Tirico

40% Of Personalization Strategies Fall Short

40% Of Personalization Strategies Fall Short

August 07 // Written by Glenn Taylor

Vending Machines: A Low-Cost Option For Retail Expansion

Vending Machines: A Low-Cost Option For Retail Expansion

August 03 // Written by Klaudia Tirico

Texas Humor Improves Mobile App CX From Lone Star To 5 Stars
Belk Invests $40M To Upgrade Store Footprint

Belk Invests $40M To Upgrade Store Footprint

August 02 // Written by Adam Blair

HP Releases ElitePOS To Bolster Functionality, Security

BJ’s Selects First Insight To Power Merchandising Decisions

  • Published in News Briefs
BJ’s Wholesale Club has selected the First Insight predictive analytics platform to assist with buying and merchandising decisions on products offered in its warehouse clubs. With the solution, BJ’s will evaluate a greater number of products and reflect direct consumer input in its buying decisions. 
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Alipay Brings U.S. Yelp Reviews To Alibaba Customers

  • Published in News Briefs
Alibaba is continuing its push to help Chinese travelers connect with businesses overseas, including the U.S. The e-Commerce giant’s digital payments platform, Alipay, is integrating local content from Yelp into its mobile lifestyle app. With the beta launch, Alipay users visiting New York City, Los Angeles, Las Vegas and San…
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Under Armour CEO Resigns From Pres. Trump’s Manufacturing Council

Under Armour Founder and CEO Kevin Plank said he is stepping down from President Donald Trump's American Manufacturing Council. The CEOs of Under Armour, Intel and Merck have resigned from the council in the wake of Trump's heavily criticized initial response to a white nationalist rally in Charlottesville, Va. “We remain resolute in our potential and ability to improve American manufacturing,” Plank said in a statement. “However, Under Armour engages in innovation and sports, not politics.”

Execs From Ahold Delhaize & TreeHouse To Present At Retail Innovation Lounge During Shop.org

Kwolia, a strategic advisory firm, has teamed up with the NRF to host its Retail Innovation Lounge at Shop.org 2017, taking place in Los Angeles, Calif. Sept. 26 and 27. The Lounge will take place on the main expo floor to provide a “lounge and learn” experience during the industry event. Retail TouchPoints is a media sponsor for the event.

Target Expands Same-Day Delivery Service With Grand Junction Acquisition

  • Published in News Briefs
Target is getting serious about improving its last mile delivery, logistics and supply chain capabilities, with the acquisition of Grand Junction, a technology transportation company offering software that manages local delivery throughout North America. Terms of the transaction have not been disclosed. The move hints that Target is seeking to…
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Could Birchbox Be The Next E-Commerce Buy For Walmart?

Birchbox is apparently putting itself on the market, having held acquisition talks with several retailers, according to a report from Recode. One of these retailers is rumored to be Walmart, which has been on quite the buying spree ever since scooping up Jet.com in August 2016. Neither retailer has commented on the reports or speculation, and Birchbox hasn’t named any of its other potential suitors. But a Walmart-Birchbox partnership seems much more realistic now than it did over a year ago, with e-Commerce-first brands such as Bonobos, Moosejaw, ModCloth and ShoeBuy (since renamed Shoes.com) now all under the giant Walmart umbrella.

‘Financially Confident’ Parents Drive 3.7%-4.1% BTS Spending Increase

  • Published in News Briefs
While back-to-school spending projections range between $27 billion to $29.5 billion, Synchrony Financial anticipates seasonal sales will increase anywhere between 3.7% and 4.1%. The financial services company expects parents of K-12 students in particular to drive this spending increase: 63% of K-12 parents say they are feeling confident about their…
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Sally Beauty Appoints DSW COO As President

Sally Beauty Holdings has appointed Carrie McDermott as President of its Sally Beauty operations in the U.S. and Canada, effective August 29, 2017. McDermott brings more than 31 years of retail leadership experience to the Sally Beauty team. Prior to joining Sally Beauty, McDermott served nine years in roles of increasing responsibility with DSW Inc., where she most recently served as COO. In this role, she led the company’s operations and marketing strategy, which included strategic brand positioning, media, creative and customer loyalty touch points.

Kwikee Launches Content Studio In Walmart Fulfillment Center

  • Published in News Briefs
Kwikee is partnering with Walmart to set up a content creation studio within the company's fulfillment center in Chino Hills, Calif. Kwikee, a brand assets and digital content creator, already is part of the Walmart Content Service Provider (CSP) program. The company will create, manage and distribute thousands of images and…
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Sovos Expands Latin America Footprint With Paperless Acquisition

Global tax compliance and reporting software platform Sovos has acquired Chile-based Paperless to expand its real-time government reporting capabilities with electronic receipts and consumer POS tax reporting. Terms of the transaction were not disclosed. With the acquisition, Sovos will expand its presence in Brazil and extend Latin American operations into Chile, Colombia and Peru. Sovos seeks to help retailers and manufacturers get ahead of the rapid expansion in global regulations requiring electronic transaction reporting.

Shopicks Rebrands Digital Shopping Platform As Thinkover

  • Published in News Briefs
Digital shopping platform Shopicks has rebranded its web browser extension, site and mobile app as Thinkover. Thinkover is designed to enable users to discover, collect, organize and manage online shopping on one platform. Additionally, Thinkover allows retailer's products to remain at the forefront of their customer's shopping behavior, thus facilitating more bottom-of-the-funnel…
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Alibaba-Marriott Partnership To Boost Travel Platform Traffic

  • Published in News Briefs
Alibaba Group and Marriott International have partnered in a joint venture, designed to redefine the travel experience for the growing number of Chinese consumers traveling both abroad and domestically.Over the next five years, Chinese travelers will take an estimated 700 million trips, the companies said in a statement. The joint…
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Sugarfina Scoops Up $35 Million To Expand Retail Business Globally

Sugarfina, a luxury confections brand, has closed $35 million in growth equity financing from private equity firm Great Hill Partners. The recent round brings the company’s total funding to more than $50 million. The funds will be used to continue scaling the omnichannel brand across online, mobile, brick-and-mortar, wholesale and corporate gifting channels as well as to expand internationally to the Middle East, Europe and Asia. Sugarfina currently operates in the U.S. and Canada and will begin its overseas expansion in early 2018.

Evergage Raises $10 Million In Series C Funding

Evergage, a real-time personalization platform, has secured $10 million in Series C funding led by Arrowroot Capital, which also led the company’s Series B round in early 2016. Additional investors include G20 Ventures and PJC. The new financial round brings total funding for Evergage to $31.5 million.

Aldo Acquires Camuto Group Footwear And Accessories Assets

Aldo has agreed to acquire the footwear and accessories operations of the Camuto Group, founded by the late fashion designer Vince Camuto. The assets will give Aldo a bigger footprint in fashion: the Camuto Group produces shoes and clothing for brands such as Tory Burch, Lucky Brand Jeans and the Jessica Simpson Collection. Terms of the deal were not disclosed.

Shopkick Now Rewards Users For Shopping On Mobile Devices

  • Published in News Briefs
Shopkick is an app known for rewarding shoppers with gift cards just for walking into a store, interacting with products in the aisle and purchasing items in stores. Now for the first time, Shopkick will offer rewards for mobile browsing and buying from web sites such as Boxed, eBay, Groupon…
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