Latest Retail News

Google Launches Multi-Touch Point Shopping Platform In India

Published in News Briefs
Friday, 14 December 2018 13:00

Google has brought its shopping service in India, allowing the country’s consumers to browse for deals on the Google Shopping home page; a mobile-friendly web app; a “shopping” tab on the Google search engine; and through Google Lens. Amazon and Flipkart will be two of the retailers initially offering their…

Infovista Named A Top 10 European Retail Solution Provider

Published in News Briefs
Friday, 14 December 2018 10:48

Infovista has been selected by Retail CIO Outlook as one of 10 European retail technology companies at the forefront of tackling customer challenges. The chosen companies were selected by a panel of CEOs, CIOs, VCs and industry analysts, as well as the publication’s editorial board.

Walmart Launches E-Commerce Site In Japan With Rakuten

Published in News Briefs
Thursday, 13 December 2018 11:51

Walmart has opened its first e-Commerce store in Japan through a partnership with Rakuten. The Walmart Rakuten Ichiba Store will offer Japanese shoppers a wide array of U.S.-branded products, including apparel, outdoor goods and toys, with more products being added over time.

Sears Reportedly Hires JLL To Gauge Real Estate’s Value; Burlington, DICK’S Express Interest

Published in News Briefs
Thursday, 13 December 2018 10:54
Written by Glenn Taylor

In the wake of Eddie Lampert’s $4.6 billion bid for Sears and its assets, the retailer has hired real estate firm Jones Lang LaSalle (JLL) to market its portfolio of approximately 500 U.S. Sears and Kmart stores, and so far has seen high interest in major markets, according to a…

Chico’s FAS Implements Digital Engagement Tools Across All Brands

Published in News Briefs
Wednesday, 12 December 2018 17:33

Chico’s FAS has deployed the Salesfloor suite of digital engagement tools at designated Chico’s, White House Black Market, Soma and Chico’s Off the Rack stores in the U.S. and Canada. With the Salesfloor clienteling module and shopping apps, Chico’s seeks to help store associates deliver a highly personalized customer experience…

Average-To-Warm Winter Weather Helping Drive 4.1% Holiday Sales Increase

Published in News Briefs
Wednesday, 12 December 2018 14:23

The weather outside is not so frightful, which means retailers are in luck this year: holiday season weather is expected to be standard to slightly warmer than usual, resulting in $720 billion in retail sales, a $28 billion (4.1%) increase over 2017, according to AccuWeather. Approximately 25% of the yearly…

Mall Of America Introduces Hologram Equipped To Offer Gift Recommendations

Published in News Briefs
Tuesday, 11 December 2018 17:07

Mall of America and VNTANA, a mixed reality company, are collaborating to launch Ellie, Mall of America's Shopping Hologram Concierge, for the holiday season. Shoppers can give Ellie a general category like “teen" or "husband," and Ellie will follow up with additional questions to help determine the right gift for…

Apple Pay Goes Live In Germany

Published in News Briefs
Tuesday, 11 December 2018 17:03

Four years after debuting Apple Pay in the United States, Apple has launched the service in Germany. The introduction of the contactless payment option follows Apple Pay’s launch in Belgium and Kazakhstan earlier in December. Rival Google debuted its payments solution in Germany in June 2018. At launch, Apple’s mobile…

UK-based Hamleys Plans NYC Store To Fill Experiential Toy Gap

Published in News Briefs
Tuesday, 11 December 2018 13:38

Hamleys, a UK-based toy retailer, is close to finalizing a deal for a 30,000-square-foot store at Herald Square in New York City, according to CNBC. The location would open in 2020 and could be followed by additional stores in certain malls and cities, including Los Angeles, Chicago and Miami, according…

Amazon Reportedly Planning First ‘Go’ Store In UK

Published in News Briefs
Monday, 10 December 2018 13:45

Amazon has opened seven cashierless Amazon Go stores across the U.S., and now the company is reportedly planning its first store across the pond. The e-Commerce giant is likely setting up shop in the UK in London's West End shopping district, according to a report in The Telegraph, although Amazon…

Americans Give $13 Billion In Unwanted Gifts Annually

Published in News Briefs
Friday, 07 December 2018 16:19

Polite people who are presented with a gift they don’t want say things like “It’s the thought that counts,” but a new survey has counted the dollar value of these clunker presents. Americans give $13 billion in unwanted gifts each year, according to a study by finder.com, Retailers should be…

Walmart Expands Home Products Footprint With Art.com Acquisition

Published in News Briefs
Friday, 07 December 2018 12:57

Walmart will be decking the walls with the latest addition to its e-Commerce portfolio: Art.com, an art and home décor retailer with more than two million curated images. Walmart will use the purchase to gain a foothold in the $10 billion annual “wall” market in the U.S., which will help…

Klarna And Shopify Partner To Increase Global Payment Options

Published in News Briefs
Thursday, 06 December 2018 17:58

Klarna has become one of the first payment service providers to join the Shopify Plus Technology Partner Program. The integration will allow retailers in the U.S., the UK and Germany to implement the Klarna payment suite. The collection of payment methods will give shoppers more freedom and flexibility to choose…

Gymboree To Shutter 265 Crazy 8 Stores, Begin Strategic Review Under New CEO

Published in News Briefs
Thursday, 06 December 2018 17:25

Gymboree has initiated a strategic review of its brands, which will include closing its 265 Crazy 8 locations and shuttering some of its 380 Gymboree stores in 2019. Additionally, the company has named Shaz Kahng as Gymboree Group CEO.

Lampert Hedge Fund Makes $4.6 Billion Bid For Sears

Published in News Briefs
Thursday, 06 December 2018 13:34

ESL Investments, the hedge fund run by Sears Holdings Chairman Eddie Lampert, has submitted a $4.6 billion bid for the retailer. Sears Holdings, which operates both Sears and Kmart stores, filed for bankruptcy on October 15 after years of financial struggles. The offer, which covers the retailer’s approximately 500 remaining…

Three Paths To Cashierless Retailing: Amazon, Nike And Saturn

Published in News Briefs
Wednesday, 05 December 2018 17:03

Cashierless stores are moving even further into the retail mainstream. In addition to Amazon, which reportedly has started testing its Amazon Go tech in larger store formats, Nike has implemented a barcode-based solution at its New York City flagship store and German electronics retailer Saturn is deploying mobile self-checkout at…

IKEA To Open First Urban-Focused Store In NYC

Published in News Briefs
Tuesday, 04 December 2018 17:41

IKEA will open its first-ever U.S. city center store in Manhattan in spring 2019. The IKEA Planning Studio, which will offer products designed for urban living and small spaces, will be the first of 30 of these stores scheduled to open over the next three years.

How Zappos, CS Hudson And Lilly Pulitzer Embrace The Spirit Of Giving

Published in News Briefs
Tuesday, 04 December 2018 14:55

Both retailers and solution providers are putting their creativity in the service of charities this season. Some programs feature celebrity tie-ins, such as Zappos’ linkup with Shaquille O’Neal’s charity. Others, such as the CS Hudson Pop-Ups for Good initiative, take a more community-based approach. All of these cause-related marketing programs…

Kroger Adds Curated 2,300-Item Assortments At 13 Walgreens Pilot Stores

Published in News Briefs
Tuesday, 04 December 2018 12:14

Expanding on the pilot program that began in early October, Kroger will add Kroger Express, a curated assortment of 2,300 products, at 13 Walgreens stores in northern Kentucky. The items will be selected using customer data and insights provided by Kroger subsidiary 84.51°. The first concept store already is operational…

B&H Photo Helps Shoppers Picture The Perfect Present

Published in News Briefs
Tuesday, 04 December 2018 11:13

Multiple retailers have partnered with SmartGift, a service that helps online shoppers find gifts, to enhance their holiday offerings on both desktop and mobile. The solution provider’s latest client is B&H Photo; other retail customers include Barnes & Noble, 1-800-Flowers.com, Express and Cole Haan.

NRF New York City Store Tours Showcase Brick-And-Mortar Innovation

Published in News Briefs
Monday, 03 December 2018 12:10

The events at NRF 2019 Retail’s Big Show will not be limited to the confines of the Javits Center. Attendees will have the opportunity to go on specially curated store visits from Jan. 11-18, 2019, hosted by Retail Store Tours (RST). The tours will highlight the cutting-edge tools retailers are…

J.Crew Discontinues Brands To ‘Balance Investments And Expenses’

Published in News Briefs
Friday, 30 November 2018 12:25

J.Crew will discontinue the Mercantile budget clothing line and shut down the Nevereven brand, according to an internal memo, as reported by The Wall Street Journal (WSJ). The moves are a reversal of some of the changes spearheaded by former CEO James Brett, who departed suddenly on Nov. 19.

Gap Implements Mobile Shift Swapping Across All Brands

Published in News Briefs
Friday, 30 November 2018 10:25
Written by Glenn Taylor

Gap Inc. has deployed Shyft as its mobile shift scheduling platform across all brands including Old Navy, Gap, Banana Republic and Athleta. “As a company that seeks to attract and retain the best talent in the business, we recognize the importance of finding ways to enhance and improve the store…

CVS Finalizes $78 Billion Aetna Purchase, Broadening Health Care Offerings

Published in News Briefs
Thursday, 29 November 2018 10:53

CVS Health has completed its acquisition of Aetna, finalizing the retailer’s transformation to a health care provider. The total transaction was valued at $78 billion, including the assumption of Aetna’s debt.

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