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Retail Recap Of The Week
Happy Thursday, RTP fans and followers! We’re following our weekly tradition of spotlighting some of the top developments and news stories in retail and fashion. Take a look at what’s…
Executive Viewpoints September 24WalmartLabs Acquires PunchTab To Enhance CRM Capabilities
WalmartLabs, the technology division responsible for Walmart’s global e-Commerce initiatives, has acquired consumer engagement software platform PunchTab for an undisclosed sum. WalmartLabs exiting CRM tools are designed to improve communication…
News September 24Safeway And Luxxotica Use Content Acceleration To Streamline In-Store Video
As consumers and retail employees have become more empowered and digitally connected, they also have become more demanding and less patient. That means they will not tolerate slow video load…
Features September 24PetSmart In Talks To Acquire Petco
PetSmart is in early talks to acquire Petco Holdings in a merger that could build a company that would account for 30% of pet specialty stores in the U.S., according…
News September 23Sears Names Former Amazon Exec As President Of Fulfillment
Sears has appointed former Amazon VP Girish Lakshman as its President of Fulfillment. Lakshman’s role will support the company’s efforts to fulfill consumer needs and advance its integrated retail strategy.…
News September 23Retailers Lower Holiday Hiring Rates
Many retailers are announcing their intent to hire fewer seasonal employees for the 2015 holiday season. For example, Toys “R” Us said it’s planning to hire 5,000 less seasonal employees…
Executive Viewpoints September 23Merz Apothecary Succeeds With Curated Goods, New Tech
Small businesses have to build out a unique offering if they want to stand out among their retail peers. While reaching out to consumers through all channels is certainly a…
Features September 23Survey Reveals 59% Of Consumers Not Ready For EMV
As the October 1 EMV liability creeps closer, the majority of consumers holding credit cards have not yet received a new chip-enabled card, according to the EMV Readiness Survey from…
News September 22Groupon To Lay Off Up To 1,100 Employees, Exit 7 Countries
Groupon is set to lay off approximately 1,100 global employees by September 2016 as part of companywide restructuring, according to a recent regulatory filing. The company will incur a $35…
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