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Retail’s Great Awakening: Snapshots Of Global Retail Response To COVID-19
There is a real-time global awakening in the retail and restaurant sectors today. Retailers and restaurants are acting with urgency to rapidly transform their businesses, from supply chain updating to…
Features August 5Using VR To Understand Consumers In A Post-COVID-19 World
Eye tracking is a common way for retailers to research buying behavior, but until recently eye trackers have been extremely limited in scope. They can only track eye movements on…
Executive Viewpoints August 5A Crisis Will Always Find A Supply Chain’s Weakest Link
COVID-19 exposed critical weaknesses throughout retail supply chains, as would any scenario that applied pressure to an already pressurized environment. Early March saw essential retailers experiencing demand surges in some…
Executive Viewpoints August 41-800-FLOWERS Finalizes $245 Million Personalization Mall Acquisition
Gifting giant 1-800-FLOWERS.COM has completed its purchase of Personalization Mall, an e-Commerce provider of personalized products. The $245 million acquisition, first announced in February, includes a newly renovated 360,000-square-foot production…
News August 3$21 Billion Speedway Acquisition To Boost 7-Eleven Store Count By 3,900
7-Eleven Inc. is poised to grow its North American store count by nearly 40% with its acquisition of approximately 3,900 Speedway convenience stores and gas stations in the U.S. from…
News August 3Podcast: Is It Time For Retailers To Go All In On RFID?
Flexible fulfillment and contactless commerce are now critical trends for retailers to embrace. As a result, real-time inventory visibility and product availability are more crucial than ever before. In this week’s episode of Retail…
Executive Viewpoints August 3Lord & Taylor, Men’s Wearhouse Parent Declare Bankruptcy
Two retailers that have been on bankruptcy watch — Lord & Taylor and Tailored Brands — submitted their Chapter 11 filings on August 2. Store closing sales began at 19…
News August 3How Will DTC Rebound After The COVID Retail Shakeup?
As the country pulls through the worst of the COVID-19 shutdowns, economic recovery moves to the forefront of debate. Will the travel industry rebound? What about retail, especially the brick-and-mortar…
Executive Viewpoints August 3Exclusive Q&A: EY Defines 5 Post-Pandemic Consumer Segments
In 2018, Ernst & Young (EY) launched an ambitious project called FutureConsumer.Now, to model scenarios that would challenge present thinking about future consumers. Two years later, as consumers adapted to…
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