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GNC To Close Up To 900 Stores Amid Mall-Based Struggles
GNC will close up to 900 stores as part of its goal to reach 2019 and 2020 cost-saving targets, CEO Ken Martindale revealed in a Q2 earnings call. GNC officials…
News July 23Alibaba Opens B2B Marketplace To U.S. SMBs
Alibaba has opened its platform to more than 30 million small- and medium-sized businesses in the U.S., enabling these companies to sell their products to B2B buyers on Alibaba.com both locally…
News July 23Starbucks Licenses Mobile And Loyalty Tech To Restaurant Solution Provider
Starbucks will license technology to and take a minority stake in Brightloom, an integrated digital platform for restaurant brands. The solution provider, which was formerly known as eatsa, also raised…
News July 23Perry Ellis International Upgrades POS Solution
Perry Ellis International (PEI) has gone live with the latest version of Oracle Retail Xstore Point-of-Service (POS), with customization and deployment services provided by BTM Global. Oracle Retail Xstore is…
News July 23Wakefern Launches Automated Micro-Fulfillment Center For Online ShopRite Consumers
Wakefern Food Corp., the grocery cooperative that operates 353 supermarkets in the Northeast under banners including ShopRite, The Fresh Grocer, Price Rite Marketplace and Dearborn Market, has launched its first…
News July 23How Retailers Can Compete With Amazon At Its Own Supply Chain Game
While few things remain constant in retail, the customer always comes first. And in today’s Amazon Prime world, customers demand faster, cheaper and more convenient fulfillment options than ever before.…
Executive Viewpoints July 23Amazon Used Heavy Discounts To Power Expanded Prime Day
Amazon reaped multiple benefits from Prime Day 2019, including a majority of market share during a $4 billion industrywide spending spree and big sales of its own branded technology, including…
News July 22Superdry Rolls Out Pay Later Options In The U.S. And UK
Superdry, a UK-based contemporary fashion brand, has formed a partnership with Klarna to offer buy now, pay later options. Superdry shoppers will now be able to pay later or pay…
News July 22Employee Discontent Didn’t Derail Prime Day
While there were some localized protests against Amazon, they ultimately didn’t make a difference in the day’s success, according to Fountain. The strikes weren’t large enough to create significant disruptions.…
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