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Uniqlo Parent Downgrades Profit Guidance For Third Time In Six Months
Fast Retailing, the Japan-based parent company of Uniqlo, cut its full-year profit estimates for the third time within the past six months. While Q3 income rose 17.8%, net income for…
News July 14True Fit Scores $25 Million To Boost Apparel And Shoe Sales With Data
Footwear and apparel discovery platform True Fit has raised $25 million in funding to help fuel its rising demand and growth. This new round of financing, led by Jump Capital,…
News July 14Pokémon Go Showcases Potential Of Augmented Reality In Retail
The Pokémon Go smartphone app has created plenty of buzz since its release in the U.S. and Australia on July 6, with more than 15 million people having downloaded the…
News July 14Assessing The Successes And #Fails Of Amazon Prime Day 2016
After much buzz, Amazon’s second annual Prime Day has come and gone; and while shoppers eagerly await their purchase arrivals, the company may be popping champagne bottles. Whether or not…
Features July 13Burberry’s Sales Fall Despite Growth At Home
Even as some UK retailers have avoided the Brexit pinch, luxury retailer Burberry reported that its Q1 same-store retail sales fell 3%, as problems in Hong Kong and mainland Europe…
News July 13Roundy’s Long-Time CEO Bob Mariano To Retire In September
Bob Mariano, a nearly 50-year veteran within the grocery industry, will be retiring from his post as CEO of Roundy’s effective Sep. 1, 2016. Mariano will continue to serve as…
News July 13UK Startup Bridges Store And Mobile With Real-Time Inventory Data
Although all Brexit-related news continues to stay top-of-mind for UK retailers and consumers, one startup is going full speed ahead to ensure that local stores throughout the nation can continue…
News July 13As Amazon Phases Out List Prices, Will Others Follow?
As Prime Day came and went, Amazon once again found a way to dominate the retail (and economic) headlines of the week. But one bit of news regarding the company…
Executive Viewpoints July 13Brazil’s Drogaria Araujo Prescribes Itself Optimization and Analytics Services
Drogaria Araujo, a drugstore chain with more than 160 stores in the Brazilian state of Minas Gerais, has selected Revionics Price Suite, Revionics Promotion Suite and Analytics Services to improve…
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