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‘Whole Paycheck’ No More: Amazon To Slash Prices On Select Whole Foods Products
A day after the Federal Trade Commission officially approved the $13.7 billion Amazon–Whole Foods Market acquisition, the companies announced that the grocer will offer lower prices on select items starting…
News August 28NRF Urges Labor Statistics Bureau To Rethink Retail Employment Metrics
As of June 2017, the retail industry employed 12,883,200 people, according to the U.S. Bureau of Labor Statistics (BLS). But despite retailers losing 90,800 employees since the holiday season that…
News August 25Eyeglasses Were First. What’s Next For Virtual Try-On?
By Jen Spofford, The Archer Group There’s plenty to love about online shopping — especially convenience and speed. Press a button, and Amazon delivers items the next day. You can…
Executive Viewpoints August 25OrderDynamics Partners With OSF Commerce To Increase Global Reach
OrderDynamics has partnered with commerce solution provider OSF Commerce to leverage its international presence and systems integration expertise to deploy unified commerce systems to global clients.
News August 25
‘Panic Mode’ Sets In As Sporting Goods Retailers Seek Answers
Dick’s Sporting Goods CEO Edward Stack made a headline-grabbing statement when he described the retail industry as being in “panic mode” during the company’s recent Q2 earnings call. But even…
News August 25
Burlington, Dollar Tree Show Solid Q2 Results
Q2 financial results that outperformed Wall Street expectations for Burlington Coat Factory and Dollar Tree showcase the health of off-price retail, even as sectors such as department stores continue to…
News August 24
Target Appoints New Chief Strategy And Innovation Officer
Target has appointed Minsok Pak as EVP, Chief Strategy and Innovation Officer, effective Sept. 11, 2017. Pak brings many years of experience leading global retail and consumer companies. He will…
News August 24Sears To Shutter 28 Kmart Stores As Comp Sales Dip 11.5%
In what feels like yet another “Groundhog Day” moment for the retailer, Sears Holdings is closing 28 more Kmart stores. Sears revealed the closures in its Q2 earnings report, which…
News August 24
Tulip Raises $40 Million To Spur International Growth
Tulip, a mobile app platform built for retail stores and associates, has raised $40 million in Series B funding. Kleiner Perkins led the round, joining existing investors including Jump Capital.…
News August 24
