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Retail Recap Of The Week

We’re at the tail end of New York Fashion Week, so you can imagine the sheer amount of fashion-fueled photos, social posts and articles floating around the web. Although we’ll be spotlighting some of the top stories in fashion this week, we also promise to show some other exciting developments in other categories. Learn what you may have missed this week by checking out the articles below!

Tech charged the runway at NYFW: This article from Forbes was more of a preview for NYFW, outlining all the cool ways designers were using technology in their designs and runway shows. Learn how Zac Posen, Rebecca Minkoff and Michael Kors are embracing tech in their own, unique ways. 

Nordstrom and Neiman Marcus are named omnichannel leaders: L2 has released a new report outlining the practices and omnichannel capabilities of retailers in mass, luxury and other categories. The firm also spotlighted overall adoption of different tactics, such as flexible fulfillment, free delivery and real-time inventory visibility. 

Target tests grocery delivery: Consumers in the Minneapolis area will be able to take advantage of a grocery delivery test implemented by Target and Instacart. Along with standard groceries, consumers also will be able to have household, health and beauty, pet and baby products delivered to their doors in as little as an hour. Looks like the great grocery delivery race has officially begun!

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Retailers fall victim to organized crime: Nearly all (97%) retail loss prevention executives say organized criminal groups have taken aim at their businesses over the past year, according to new research from the National Retail Federation. This is a significant increase from 2014, when 88% of executives said the same. 

Have a great weekend, everyone! Get ready for more great news updates from RTP next week!

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