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Carter’s Flags Consumer Pricing Resistance, Moderates Back-Half Outlook Despite Strong Q2
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Retail Is Undergoing A Significant Transformation — And AI Is Key To Its Success
Consumer buying is steadily shifting from traditional storefronts to new channels: 16% of retail sales were e-Commerce transactions in 2018. That’s expected to grow to 25% by 2026. Analysts expect…
Executive Viewpoints April 23
Machine Learning-Based Demand Forecasting For Fast Adaptability To Changes
Demand forecasting methods have been used in retail for a long time. Most of them are based on historical data, which is no longer useful in the new COVID-19 reality.…
Executive Viewpoints April 23
Mall Recovery Report: Quick Rebound Or Long-Term Struggle?
Even before COVID-19 dealt a body blow to “non-essential” physical retailers, malls were experiencing significant business headwinds — particularly in the “B” and “C” centers that lack major attractions and…
Features April 23
Netipbox Offers Free COVID-19 Best Practices For Use In Digital Signage
Netipbox Technologies has formed a team to adapt COVID-19 information into digital formats for digital signage applications. The group is collecting data from different sources, including WHO and the Centers…
News April 22CNBC: Macy’s To Leverage Inventory, Real Estate As Collateral To Raise $5 Billion
Macy’s will reportedly try to raise as much as $5 billion in debt to survive the COVID-19 pandemic, people familiar with the matter told CNBC. The plan would call for…
News April 227-Eleven Opens Pop-Up Shop Inside Dallas Hospital
7-Eleven has opened a hospital pop-up store at Children’s Medical Center Dallas, where the retailer will provide access to food and essential items for health care workers and patient families…
News April 22GameStop Begins Reopening Stores In Georgia And South Carolina, Cuts Executive Salaries
GameStop has resumed operations of some physical stores in Georgia and South Carolina and is preparing for the opportunity to reopen stores in other states as well. The retailer has…
News April 22Modell’s Seeks Bankruptcy Proceedings Pause, Citing Temporary Store Closures
Modell’s Sporting Goods is seeking to further delay its Chapter 11 bankruptcy proceedings due to COVID-19 shutdowns that are preventing the retailer from holding the liquidation sales needed to generate…
News April 22
Profitero Raises $20 Million, Names New Executive Team
Enterprise e-Commerce analytics platform Profitero has raised $20 million in a Series B investment round led by Scaleworks, with participation from Conviction Capital. The company also installed a new executive leadership team. CEO…
News April 22
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