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Retailers Are Turning To Face Recognition To Thwart Growing Fraud And Shoplifting Threats
An increasingly large number of retailers are waking up to an unfortunate fact: despite loss prevention and asset protection professionals’ best efforts, organized retail crime and return fraud continue to…
Executive Viewpoints March 6Neiman Marcus Comes To Agreement With Lenders, Aims To Drive $5 Billion In Total Sales By 2024
Neiman Marcus has reached an agreement with majority noteholders and term lenders to extend the maturity of the retailer’s term loans and unsecured notes by three years. The plan, if…
News March 6Exclusive Q&A: How Kroger Boosts Sales By Connecting Brands To Customers
Kroger has been able to connect the brands it carries with its customers in a way few other retailers can match, through the Kroger Precision Marketing (KPM) program. The initiative…
News March 6Macy’s Will Expand AR-Powered Virtual Try-On Across Beauty Categories
Macy’s has unveiled new solutions designed to enhance the in-store and mobile customer experience at the Shoptalk conference being held in Las Vegas. The retailer will introduce an augmented reality…
News March 5Post-Bankruptcy, David’s Bridal Names New Leaders
David’s Bridal, which emerged from bankruptcy in January without closing any of its 300 stores, is making some significant C-suite changes. The retailer named a new CEO, Tom Lynch, and…
News March 5Barneys New York Launches Tiered Loyalty Program Open To All Customers
Barneys New York will introduce a new loyalty program offering exclusive experiences, VIP services, perks and rewards to all of its shoppers. Launching April 1, the Barneys New York Influencer…
News March 5Vineyard Vines Earns 150% ROI With Analytics Platform
In just its first year of deploying a retail analytics platform, Vineyard Vines achieved a 150% ROI through a combination of improved campaign personalization, better understanding of customer buying behaviors and extending…
News March 5When New Technologies Like Augmented Reality Help You See Your Business Differently
New technologies and ideas are often met with equal parts excitement and skepticism, but more often than not, you’re only able to understand how truly game changing they were in…
Executive Viewpoints March 5Top Takeaways From Holiday Earnings: Store Closures Will Continue, Best Buy Comes Out A Winner
After retail got hit with the tough (though controversial) news that industrywide sales fell 1.2% in December, anticipation loomed — how did individual retailers do? Shortly after, Walmart showed that…
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