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WSJ: Rite Aid Prepping for Bankruptcy That Could Limit Opioid Lawsuits’ Impact
Rite Aid is reportedly preparing for a Chapter 11 bankruptcy filing that could take place within weeks, according to the Wall Street Journal. Quoting people familiar with the situation, the…
News August 28
Instacart, Klaviyo Move Closer to IPO Filings
Instacart has moved another step closer to an IPO, filing an S-1 form with the Securities and Exchange Commission (SEC) but not providing information on how many shares the company…
News August 28
Nordstrom Doubles Down on Rack Business Following 8.3% Revenue Drop
Nordstrom’s net sales decreased 8.3% year over year in Q2 2023, which ended on July 29. The company pointed to the wind-down of Canadian operations and the shift in timing…
News August 28
Pacsun Expands Unified Commerce Strategy with New POS
Pacsun is expanding its partnership with Manhattan Associates to further its unified commerce vision. The specialty retailer for Gen Z has selected Manhattan Active Point of Sale to enhance its…
News August 28
Salesforce Predicts Just 1% YoY Online Sales Growth for U.S. Holiday Season
U.S. ecommerce sales this holiday season are forecasted to reach $273 billion, a 1% year-over-year growth rate, according to the Salesforce Shopping Index, which tracks online data and preferences of…
Features August 28
Stimulating Impulse Purchases When the Thrill is Gone
Impulse purchases are an important part of a consumer brand’s revenue growth management (RGM) strategy. A brand’s impulse strategy works in step with retailers to understand where to place a…
Executive Viewpoints August 28
Is Private Label the New Competitive Playground?
Featuring: Todd Maute, Partner, CBX In today’s highly competitive retail landscape, private label brands have emerged as a powerful force, capturing the attention of both consumers and retailers alike. Once…
Podcasts August 28
WSJ: Rolex to Buy Luxury Watch Retailer Bucherer
Rolex will purchase luxury watch and jewelry retailer Bucherer, which operates more than 100 stores globally, including 34 U.S. stores under the Tourneau banner. The companies didn’t reveal financial details…
News August 25
Somewhat Surprisingly, Stores Still Have the Ability to Surprise
Our regular Editors Perspectives column offer insights and opinions from the Retail TouchPoints editorial team as they dig into the latest trends in retail, marketing and tech. Is cynicism a natural facet…
Editor's Perspective August 25
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