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Fred’s Will Close 129 More Stores, Hold Liquidation Sales
Fred’s, a Memphis-based discount merchandise retailer, will shutter an additional 129 underperforming stores in its fourth round of closings as the company continues to evaluate its store portfolio. The pharmacies…
News July 15Bolt Raises $68 Million To Bolster Online Checkout Capabilities
Bolt, a cloud-based online checkout platform, has secured a $68 million Series B funding round led by Activant Capital and Tribe Capital, with financial support from retail executives at Allbirds,…
News July 15Don’t Be A Dandelion — Respect Your Customer’s ‘Digital Lawn’
By Jimmy Egeland, Elicit The dreaded dandelion. A mustard stain on the otherwise crisp, white shirt of spring. Instead of lying low like a patch of crab grass, or blending…
Executive Viewpoints July 153 Keys To Optimizing Your Premium Loyalty Program
It’s tougher for retailers to earn customer loyalty than ever before. With virtually limitless choices right at their fingertips, customers aren’t afraid to jump between brand loyalty programs in order…
Executive Viewpoints July 15Influencer Marketing Delivers $3B Of Earned Media Value For $172 Million Investment
Influencer marketing has proven to be tailor-made for the highly visual, trend-oriented fashion and beauty industries. In fact, 30% of all influencer marketing occurs in these verticals — and several…
News July 15H-E-B Will Pilot Autonomous Grocery Delivery In San Antonio
H-E-B has joined the ranks of Walmart, Kroger, AutoZone, Walgreens, Target and Lowe’s as the latest major retailer to pilot autonomous delivery. The Texas-based grocer has partnered with self-driving vehicle…
News July 12Kroger Starts Construction On Second Automated Warehouse
Kroger and Ocado have broken ground on an automated fulfillment center in Forest Park, Ga. that is slated to open in 2021. The $55 million, 375,000-square-foot warehouse is the second…
News July 12Why Organizations Need A Chief Supply Chain Officer, Despite Key Challenges
By Steve Dowse, Blume Global What is the most frequently prioritized function for future digital investment among C-level executives? According to the Deloitte Industry 4.0 Investment Survey 2018, 62% of…
Executive Viewpoints July 12Marketing For Retail Now Means Marketing For Hearts
The average American continues to find more income in their pocket to spend as they like, whether that be on savings or in stores. The most recent statistics from TE,…
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