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Nordstrom Acquires Dsco To Streamline Inventory Management
Nordstrom has acquired a minority stake in Dsco, a supply-chain software firm. The move will help the retailer streamline online order fulfillment via drop shipping. The investment follows a successful…
News July 11Staples Promotes Canadian Head To Lead North American Retail
Staples has promoted the President of its Canadian operations, Steve Matyas, to head its North American Retail operations, in yet another executive shift for a retailer still trying to reverse…
News July 11Walmart Banks On Free Shipping To Grab Its Share Of Prime Day Frenzy
With Amazon Prime Day ready to dish out more than 100,000 deals to its Prime members on July 12, Walmart is dealing out price cuts of its own. The retailer…
News July 11Sobeys CEO Poulin Makes Quick Exit After Steep Losses
Empire Company Ltd., parent of Canadian supermarket chain Sobeys, has experienced a sudden change at the top of its C-suite. President and CEO Marc Poulin is stepping down following steep…
News July 11Amazon May Open Store In NYC’s $20 Billion Hudson Yards
Attention book lovers (and remaining sellers) of Manhattan: Amazon may be planning to take its first bite of the Big Apple. Amazon Books will open its first physical location on…
News July 11MasterCard Woos Retailers With Technology Innovation
Samsung Fridge Demo – Photo by Bryan Bedder, Getty Images for MasterCard The last several years have seen lots of non-payment players invade the payments space. Companies ranging from retailers themselves to…
Editor's Perspective July 11Retail Lessons: TSA And Queueing Theory
By Brian Field, ShopperTrak Estimates indicate that Americans spend roughly 37 billion hours per year waiting in lines. And, the average consumer can spend up to two years waiting in…
Executive Viewpoints July 11Brexit’s Retail Impact: The Sky Is Falling! (Or Is It?)
One thing is clear about the impact of Brexit on retailers and consumers: nothing is very clear about the impact of Brexit on retailers and consumers. Yes, there have been…
Features July 11Fiesta Mart Buys Minyard Supermarkets
A brand name that has been part of the Texas supermarket scene since 1932 will be taking its final bow. Houston-based Fiesta Mart is buying up the nine remaining Minyard…
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