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Walmart Acquires Israel-Based Natural Language Processing Startup
Walmart has acquired Aspectiva, an Israel-based natural language processing (NLP) startup, for an undisclosed sum. Aspectiva will join Walmart’s Store No. 8 incubation arm, where its NLP capabilities will be…
News February 26Macy’s Unveils $100 Million Cost-Cutting Plan Following Mixed Q4 Results
Macy’s is asserting that it will continue to build on its recent string of investments to reshape its business in 2019, but the department store will have to do so…
News February 26
Exclusive Q&A: How Long Will The ‘Amazon Effect’ Continue To Rock Retail?
Despite the millions of words that have been written about Amazon, its actions often remain mysterious — so much so that the question of “What will Amazon do next?” can…
Features February 26Foot Locker Invests $12.5M In Rockets Of Awesome, Kicking Off Strategic Partnership
Foot Locker has invested $12.5 million in children’s apparel retailer Rockets of Awesome. The deal includes a strategic partnership through which Kids Foot Locker will create exclusive Rockets of Awesome…
News February 26As Walmart Phases Out Greeter Job, Employees With Disabilities Face Biggest Impact
Walmart’s decision to change the qualifications for its front-door greeter jobs is coming at a controversial cost, with greeters at nearly 1,000 stores anticipated to lose their jobs by the…
News February 26
Digital Apps Bridge The Gap Between Online And In-Store Consumer Behaviors
Since the rise of e-Commerce 20 years ago, retailers have expected a breadth of customer-specific insights giving them a holistic view of the customer’s interests and purchase intent. This data…
Executive Viewpoints February 26
Wayfair, Shinola Among Retail Leaders Presenting At RIC19
The fifth annual Retail Innovation Conference (#RIC19), May 6-8 in NYC, will be a motivational gold mine for retail executives who will be inspired by leading innovators and disruptors. They…
News February 26
The Home Depot Joins Roadie Investors In $37M Funding Round
Delivery service Roadie has raised $37 million in a Series C funding round with investments from The Home Depot, investment banker Warren Stephens and ex-Google CEO Eric Schmidt’s TomorrowVentures, among…
News February 25Gap Expands Ohio Operations To Bolster E-Commerce Fulfillment
Gap will expand its operations in Groveport, Ohio, investing approximately $100 million into a new 420,000-square-foot warehouse. The investment will also create 600 new jobs; the retailer plans to begin…
News February 25
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