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Macy’s Reports $3.6 Billion Loss In Q1 But Sees Gradual Recovery Ahead

Macy’s reported a net loss of nearly $3.6 billion during Q1 2020 as its revenue, hit by extended store closures, dropped to $3 billion from $5.5 billion for the same…

News July 1

Podcast: It’s Time For The Last Mile To Shine

In recent years, the Last Mile has evolved from an operational concern to a core component of the customer experience. According to research, 73% of shoppers won’t return after a poor delivery…

Executive Viewpoints July 1

Loyalty Is The Key To Survival For Retail

As the U.S. economy remains unstable, rather than spending precious cash, brands need to get creative with the stable economy they totally control — their brand loyalty programs. It’s been…

Executive Viewpoints July 1

Brookfield Properties Introduces Contactless Fitting Experience At Three Malls

Brookfield Properties will roll out FIT:MATCH’s 3D AI-powered contactless match technology at three shopping centers across the U.S. The experience will debut at the Oakbrook Center near Chicago in mid-August,…

News June 30

Kibo And Acquia Form Partnership To Power Headless E-Commerce Experiences

Acquia, a digital experience company, and Kibo have announced a strategic partnership designed to help retailers deliver frictionless commerce. The two companies will empower brands to create headless e-Commerce experiences…

News June 30

Nike Forecasts Layoffs Following $790M Net Loss In Q4

Nike is planning phased job cuts that are expected to begin in late July and last through the fall, but there are few specifics about how many people the retailer…

News June 30

Lululemon Expands ‘Omni Guest Experiences’ With Home Fitness Company Purchase

lululemon athletica has entered into a definitive agreement to acquire MIRROR, an in-home fitness company offering an interactive workout platform with both live and on-demand classes, for $500 million. The…

News June 30

Capgemini Expert Busts 5 Common Influencer Marketing Myths

Influencer marketing has emerged as a powerful method for building brand awareness, trust and overall reputation. And today, with consumers spending more time scrolling through visual social networks like Instagram…

Features June 30

Reshoring: COVID-19’s Impact On The Supply Chain

At this point, it’s impossible to quantify the ramifications of COVID-19. That may be the case for several years, if not longer. From the normalization of remote work to the…

Executive Viewpoints June 30
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