News Briefs

American Dream Misses $8.8 Million Loan Payment

New Jersey mall and entertainment complex American Dream has failed to make an interest payment on municipal loans sold to help finance…

Raymour & Flanigan Launches B2B Arm With Consulting and Packaging Recycling

Furniture and mattress retailer Raymour & Flanigan has launched Raymour & Flanigan for Business, a B2B service for commercial interiors professionals in…

Amazon Bolsters Smart Home Product Lineup with $1.7B iRobot Acquisition

Amazon has agreed to acquire robot manufacturer iRobot for approximately $1.7 billion. Best known for its automated Roomba vacuum, iRobot produces a…

Reports: Walmart Reportedly Lays Off 200 Corporate Executives to Position Itself for the Future

Walmart reportedly is laying off some corporate employees to “better position the company for a strong future,” according media reports. Walmart did…

The TJX Companies Agree to $13 Million Fine for Selling Recalled Products

The U.S. Consumer Product Safety Commission (CPSC) announced that The TJX Companies has agreed to pay a $13 million civil penalty for…

New Ulta VC Fund Will Invest $20M in Emerging Retail Tech

Ulta Beauty has formally launched its venture capital fund Prisma Ventures, which will invest $20 million in emerging technology startups that seek…

OSHA Fines Dollar Tree $1.2M for Latest Safety Violations in 2 Ohio Stores

Discount retailer Dollar Tree has been slapped with $1.2 million in fines by the U.S. Department of Labor’s Occupational Safety and Health…

Tiffany Marries NFTs With Jewelry in Limited-Edition CryptoPunks Collection

Tiffany & Co. will launch a collection of 250 non-fungible tokens (NFTs) on Aug. 5, 2022 that can be redeemed for a…

Dollar General Takes Next Steps Into Medtail With 4 New Healthcare Panel Appointments

Discount retailer Dollar General has appointed four members to its healthcare advisory panel as it continues to explore opportunities in medtail and…

USDA $5M Grant Will Expand SNAP Ecommerce as Online Usage Surges

The USDA Food and Nutrition Service is accepting applications for a $5 million grant, funded by the American Rescue Plan, to increase…

Foot Locker Details $54M Investment in Educational and Economic Opportunities for Blacks

Beginning with the June 2020 launch of its Leading Education & Economic Development (LEED) Initiative through January 2022, Foot Locker has invested…

CNBC: Workers United Asks Starbucks to Extend Planned Benefits to Unionized Workers

Unionized Starbucks cafés are reportedly asking the coffee giant to extend planned benefits, including pay raises, to all stores without going through…

From Merchant-Centric to Customer-Centric: How to Transform Online Product Discovery

Starting Off on the Right Foot: 5 Keys to a Seamless Appointment Scheduling Processes

3 Innovative Video Experiences to Drive Your Retail Advertising Strategy

Intelligent Inventory Optimization THE NEW DILIGENCE AGAINST SUPPLY CHAIN DISRUPTION

The New Marketing Playbook: Tips for CMO Success in a Post-Cookie, Purpose-Focused World

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