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Dollar Tree Buys 170 Stores and IP of Bankrupt 99 Cents Only
Dollar Tree, Inc. has acquired designation rights for the leases at 170 of the stores that had been operated by 99 Cents Only. The retailer announced last month that it…
News May 29The Great Small-Format Store Experiment – Brand Boon or Bust for Retailers?
In today’s dynamic retail landscape, characterized by shifting consumer behaviors and evolving preferences, the traditional approach to real estate and store formats is undergoing a significant transformation. As foot traffic…
Executive Viewpoints May 29Move Past Hype to Focus on Value with AI Implementations in the POS Space
Businesses and organizations across virtually all markets and niches are exploring how artificial intelligence (AI) could benefit their operations. Although the technology has been steadily advancing for decades, recent availability…
Executive Viewpoints May 29Guess? Names Andy Rosen as Executive Chairman
Guess? Inc. has appointed Andrew Rosen as Executive Chairman of Rag & Bone, which operates as an independent brand within the Guess? portfolio. Guess? and WHP Global joined forces to…
News May 28Walmart, Capital One End Contentious Credit Card Partnership
Capital One Financial and Walmart have officially ended a partnership that had designated Capital One as the exclusive issuer of Walmart consumer credit cards. The companies first teamed up in…
News May 28TJX Leans into Off-Price Wave with Long-Term Plans for 1,300 New Stores
As continued inflation drives consumers toward more cost-conscious shopping, TJX — the parent company of TJ Maxx, Marshalls, HomeGoods and Sierra — sees an opportunity for expansion. CEO and President…
News May 28Buy it Like Beckham: Soccer Superstar Named AliExpress Global Ambassador
Alibaba Group’s international marketplace AliExpress has tapped sports and lifestyle icon David Beckham to be its new global ambassador, reinforcing the retailer’s role as the exclusive global ecommerce partner of…
News May 28Gen AI: Google’s Not-so-Secret Weapon in the Battle for Search Engine Dominance
Last week Google announced a sweeping slate of product updates across its search, shopping and marketing interfaces at Google Marketing Live (GML), which followed an equally expansive set of updates…
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