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REI Plans to Open 10 Stores This Year Plus Two More in 2025

REI Co-op will open 10 stores this year and already has plans in the works for two more stores to open in 2025 — in Durango, Colo. in the spring…

News January 11
Neiman Marcus has rejected the latest takeover offer from Saks.

UPDATED: Neiman Marcus, Saks Still Unable to Come to Terms on Takeover Deal

UPDATE 1/11/2024: Neiman Marcus CEO Geoffroy van Raemdonck has firmly squashed any hope of a merger, telling CNBC that he sees “no need” to sell the business and adding that…

News January 11

AI Steps into the Retail Arena

Generative AI has put the retail industry at yet another inflection point. 2023 was a period of experimentation for retailers, and many thoroughly assessed where this new technology could have…

Executive Viewpoints January 11

NRF 2024 Preview: Hear From Top Execs at Levi’s, Ulta Beauty, FedEx — and Magic Johnson

Tens of thousands of retail professionals from all over the world will fill New York City’s Javits Center for Retail’s Big Show from Jan. 13 to 16, 2024. The draw?…

Features January 11
Lowe's has launched a new rewards program for its DIY customers.

Lowe’s Launches New Loyalty Program for DIYers

Lowe’s has launched a new loyalty program for “DIYers” that will sit alongside its existing MVP loyalty program for home improvement professionals. The new MyLowe’s Rewards program will offer do-it-yourself…

News January 10
Starbucks CEO Laxman Narasimhan on a recent trip to India.

Starbucks to Double Indian Workforce as it Aims for 1,000 Stores in the Country by 2028

As part of its Triple Shot Reinvention Strategy — one of the key objectives of which is to become “truly global” — Starbucks plans to more than double its current…

News January 10

Rothy’s Names New CEO and President as Co-Founders Move Up

Rothy’s has named Board of Directors member Jenny Ming as its new CEO and promoted current CFO and COO Dayna Quanbeck to President. The brand, which repurposes single-use plastic bottles…

News January 10
Amazon has a new service to connect customers with chronic conditions with health care services.

Amazon Launches New Service to Help Connect Customers with Chronic Conditions to Care

Amazon has debuted a new service called Health Condition Programs aimed at helping people more easily discover and enroll in digital health benefits and programs that are available through their…

News January 10

Look to the Skies, Dallas: Walmart Expands Drone Delivery to 30 DFW Metroplex Municipalities

Walmart is dramatically expanding its drone delivery footprint in the Dallas-Ft. Worth metroplex, operating from stores in 30 towns and municipalities and opening up airborne delivery to up to 75%…

News January 10
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