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GameStop Shares Drop Nearly 20% Following 23% Comp Sales Decline
GameStop’s tough 2019 continues: the video game retailer posted a dismal Q3 earnings report in which net sales sank 25.7% to $1.4 billion and comparable sales dipped 23.2%. In the…
News December 11
Smart & Final Upgrades Online Grocery Experiences For Shoppers, Businesses
With hungry consumers forecast to spend $100 billion per year on online grocery by 2022, according to the Food Marketing Institute, more food retailers are realizing the need to upgrade…
News December 11
RAIN RFID Technology Is Bringing Back Brick-And-Mortar
With more people opting to shop online than ever before, it’s clear retail and shopper expectations are evolving and in need of new technology innovation. This was made clear after…
Executive Viewpoints December 11
Anomalie Leverages Data To Help Brides Create The Dress Of Their Dreams
Anomalie, a made-to-order e-Commerce bridal retailer, has launched a revamped DressBuilder platform that lets shoppers create sketches of their ideal dress in minutes. DressBuilder includes four billion permutations for possible…
News December 10Moody’s Cuts Department Store Outlook Again, Projects 20% Operating Profit Decline In 2019
Despite a variety of efforts to revitalize their store footprints through new partnerships and experiential offerings, department stores continue to struggle — and according to one report, the financial hit…
News December 10Away CEO Resigns Following Report Of ‘Toxic Working Environment’
Away Co-Founder and CEO Steph Korey has become the latest retail executive to depart from her position, with the announcement made four days after The Verge published a story detailing…
News December 10Hudson Reveals Updated Store Design, Mobile App For 2020
Hudson, which operates more than 1,000 stores in airports and tourist destinations across North America, will upgrade its store design for greater flexibility, including adding self-checkout stations to the remodeled stores.
News December 10
Emotional Loyalty As A Growth Driver
Historically, having the best product or service on the market was the key to receiving and maintaining undying loyalty from consumers. Today, this strategy won’t cut it. The proliferation of…
Executive Viewpoints December 10ShopFulfill Introduces Anchor Shops To Help Online Retailers Launch Their First Physical Storefront
ShopFulfill has launched Anchor Shops, a vertically integrated retail storefront and distributed network designed to help e-Commerce pure plays launch their first forays into brick-and-mortar. As part of the venture,…
News December 9
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