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Latest Retail News

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 retail news 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.

Ascential Combines Brands To Launch E-Commerce Data Solution
Card Companies Move Toward Friction-Free Online Checkout
Tobi Relaunches Mobile App For Holiday Season

Tobi Relaunches Mobile App For Holiday Season

October 23 // Written by Adam Blair

Etsy, Target Top Halloween-Related Social Chatter

Etsy, Target Top Halloween-Related Social Chatter

October 18 // Written by Glenn Taylor

HSN, QVC Merge Into Single Retailer

HSN, QVC Merge Into Single Retailer

October 18 // Written by Bryan Wassel

Target Takes Aim At Toy Retailing Crown

Target Takes Aim At Toy Retailing Crown

October 17 // Written by Adam Blair

CVS Rolls Out Apple Pay Acceptance Chainwide

CVS Rolls Out Apple Pay Acceptance Chainwide

October 16 // Written by Adam Blair

Startup Lets Shoppers Rent High-End Fashion

Startup Lets Shoppers Rent High-End Fashion

October 16 // Written by Klaudia Tirico

Advance Auto Parts Will Drive Onto Walmart.com

Advance Auto Parts Will Drive Onto Walmart.com

October 16 // Written by Glenn Taylor

2018 Retail Bankruptcies: 12 (And Counting)

2018 Retail Bankruptcies: 12 (And Counting)

October 16 // Written by Bryan Wassel

Ascential Combines Brands To Launch E-Commerce Data Solution

  • Published in News Briefs
Ascential plc, a global information company, has combined services from its existing brands to launch Edge by Ascential, an e-Commerce data and insights service for brand manufacturers and retailers. The company, which acquired Clavis Insight earlier this year, is bringing together foundational elements from Clavis, Brand View, One Click Retail,…
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Card Companies Move Toward Friction-Free Online Checkout

  • Published in News Briefs
E-Commerce checkout friction can be a deal breaker: 85% of online shoppers reported that they have abandoned a purchase upon reaching a merchant’s checkout page at least once in the past year, according to a survey commissioned by American Express. To combat this challenge, American Express, Discover, JCB, Mastercard, UnionPay…
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Tobi Relaunches Mobile App For Holiday Season

Tobi has partnered with Poq, a SaaS-based native app platform developer for retail, to relaunch its mobile app in time for the 2018 holiday season. The fast fashion brand, which serves customers in more than 100 countries, will debut the new app in November. “Poq’s feature-rich SaaS platform, deep domain…
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Rent The Runway And Huckberry Launch Pop-Ups With Unique Twists

Retailers are becoming even more creative with their physical offerings: Rent the Runway has partnered with WeWork, a shared workspace provider, to open drop-off points inside WeWork office spaces. And Huckberry will feature seven unique “adventure itineraries” at its first physical space in New York City, detailing travel plans and the…
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Amazon Joins $35 Million Funding Round For Lifestyle And Food Studio

Tastemade, a digital lifestyle and food network and studio that also sells cooking materials, home and travel gifts, has secured a $35 million Series E funding round with Amazon contributing a share. The amount of capital Amazon invested has not been disclosed. As Amazon continues to create original programming through its own studio and grows as a content provider, Tastemade offers an interesting complement to the e-Commerce giant’s other media offerings. The Tastemade TV linear streaming network features more than 200 hours of original programming and already is available on Amazon Prime video, as well as other streaming services such as YouTube TC, Roku, Apple TV, Philo and the Tastemade App.

Albertsons Launches Online Marketplace Featuring Hard-To-Find Foods

  • Published in News Briefs
Albertsons Cos., the parent company of supermarkets including Albertsons, Jefferson’s, Jewel-Osco and Shaw’s, is offering customers the ability to discover more diverse specialty food items with the launch of a digital marketplace of third-party sellers that focuses on natural, organic, ethnic, and alternative products. The retailer, which appointed Jim Donald as…
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Etsy, Target Top Halloween-Related Social Chatter

  • Published in News Briefs
With Halloween lurking creepily around the corner, retailers are making last-minute preparations to capture their share of a projected $9 billion in consumer spending. But social media conversations may provide omens about which retailers will generate the most revenue throughout the shopping day. The retailers attracting the most social engagement…
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HSN, QVC Merge Into Single Retailer

  • Published in News Briefs
Qurate Retail Group, the parent company of HSN and QVC US, will combine the two retailers into a single business unit called QXH. The parent company seeks to improve long-term growth prospects and accelerate the retailers’ digital transformation, as well as enhancing delivery speed and lowering costs for shoppers. Despite…
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Mobile, AI-Based Recommendations Top 2018 Holiday Predictions: Webcast Recap

What will define the 2018 holiday season? While retailers saw 18% revenue growth during the 2017 holiday, this season’s growth will be shaped by numerous factors, including the continued growth of mobile, AI-based product recommendations and email marketing. Salesforce unveiled five major predictions that will drive growth during the 2018…
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Target Takes Aim At Toy Retailing Crown

Photo: Stephen Allan In the clearest sign yet that Target is striving hard to take the place Toys ‘R’ Us once held, the retailer is expanding both store and digital toy departments for holiday 2018. Target’s multi-part toy campaign includes: • A nearly 250,000-square-foot expansion of store space for toys…
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OC&C Boosts Data Science Consulting Services With Ugam Partnership

  • Published in News Briefs
OC&C Strategy Consultants has partnered with Ugam, a Mumbai-based data and analytics provider, to provide advanced data and analytics capabilities for its global strategy and business consulting services. The company seeks to empower retailers with the insights and tools needed to make data-driven decisions. “Ugam’s experience applying advanced data science…
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CVS Rolls Out Apple Pay Acceptance Chainwide

  • Published in News Briefs
CVS, which once went so far as to deactivate the NFC terminals in its stores in order to thwart customers’ use of mobile wallets, now accepts Apple Pay chainwide. CVS customers with compatible iPhones and Apple Watches can use Apple Pay throughout the 9,800-store chain. In August 2018, Apple CEO…
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Advance Auto Parts Will Drive Onto Walmart.com

  • Published in News Briefs
Walmart has unveiled a partnership with Advance Auto Parts to create a specialty auto parts store on Walmart.com. The online store will sell common auto parts and accessories, including tires, lube and battery services, both online and in the 2,500 Walmart Auto Care Centers nationwide. The retail giant already has…
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2018 Retail Bankruptcies: 12 (And Counting)

  • Published in News Briefs
While retail as a whole appears to have weathered the so-called apocalypse, a number of companies have been unable to take advantage of the current economic good times. For brands like Sears and Toys ‘R’ Us, bankruptcy has seemed like the inevitable end for months, if not years. For other…
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Retailers Harness Weather Predictions To Improve Operations

  • Published in News Briefs
IBM subsidiary The Weather Company is working with retailers to provide both real-time weather information and predictive weather analytics solutions. The solution helps retailers understand how weather is going to impact shipments coming into warehouses, when products might arrive at stores and the potential impact on in-store traffic. Unpredictable winter…
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