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Second-Hand Luxury Goods: Not An Oxymoron But A $6 Billion Opportunity
The concepts of luxury retailing and resale don’t traditionally go hand in hand. Luxury is often defined by a sense of exclusivity and brand equity that attracts a more affluent…
Features May 2Ingenico Launches Payment-Enabled Chatbot
Ingenico, a payment solution provider, has launched a payment-enabled chatbot that uses natural language processing from IBM Watson. The bot, which is capable of responding in a wide range of…
News May 2Reflexis Adds Communication Tool To Workforce Management Suite
Reflexis, a real-time store operations and workforce management solution provider, has released QNotes, an in-app, peer-to-peer communication system embedded within the Reflexis ONE platform. The tool enables retailers to quickly…
News May 2Banana Republic Streamlines Merchandising Efforts With New Cloud Service
Banana Republic has implemented Oracle Retail, combining Oracle Retail Merchandising Cloud Service and Oracle Retail Integration Cloud Service to synchronize merchandising operations from buying to inventory valuation.
News May 1Neiman Marcus Exploring ‘Strategic Alternatives’ For MyTheresa
While Neiman Marcus has not yet made a decision on a specific transaction or time frame for its MyTheresa e-Commerce business, the retailer is exploring a range of strategic alternatives,…
News May 1Instagram Introduces ‘Shop Looks From Creators’ Feature
Instagram will provide its users with the ability to purchase eligible items from influencers and other creators without leaving the app. The new feature will allow a small group of…
News May 1Home Depot Promotes Insider To Replace Retiring CFO
Carol Tomé, CFO and EVP of Corporate Services for The Home Depot, will retire on Aug. 31, 2019 after 24 years with the company. Richard McPhail, currently Senior VP of…
News May 1RTP Editors Reveal Their #RIC19 Hot Picks
With a jam-packed agenda that includes Store Tours at Hudson Yards and insights from 50+ retail experts, the 2019 Retail Innovation Conference, May 6-8 in NYC, is almost here. Execs…
Executive Viewpoints May 1CEO Q&A: How Flont Crafted A ‘Jewelry As A Service’ Experience Via Exclusive Partnerships
The rise of “try-before-you buy” and subscription-based business models has hit just about every corner of retail, including a once-unlikely category: jewelry. One company, Flont, is seeking to bring high-end…
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