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The 2022 Retail Innovator Awards
Every year, Retail TouchPoints asks you, the retail community, to share the executives you believe are driving the industry forward. This year, we have 17 executives that are pushing limits…
Features January 10
Joann Aims for $200 Million in Annual Savings Fueled by Lower Ocean Freight and Overhead Costs
Joann is pursuing a $200 million annual cost reduction plan that aims to be fully delivered by early fiscal 2025, President and CEO Wade Miquelon said on an earnings call…
News January 10
Amazon Expands Buy with Prime Availability to all U.S. Marketplace Sellers
Amazon’s Buy with Prime feature — which allows retailers to offer the benefits of Prime membership on their own DTC websites — will be available to all U.S.-based Amazon merchants at…
News January 10
Holiday Leftovers? Here are 4 Ways Sellers can Minimize Excess Inventory
The past year presented a plethora of challenges for retailers. Among them were unpredictable shipment of supplies and waning consumer demand that left many with excess inventory. Amid the mayhem…
Executive Viewpoints January 10
Alibaba Founder Jack Ma Cedes Control of Sister Fintech Firm Ant Group
Chinese billionaire Jack Ma will no longer control Ant Group, the fintech firm he founded, after the company reorganized its shareholding structure in order to “align the voting interests of…
News January 9
Reports: Macy’s to Shutter Four Full-Line Stores as it Prepares for Challenging Year
Macy’s will reportedly close four locations, in Fort Collins, Colo.; Gaitherbeurg, Md.; Kanohe, Hawaii; and Los Angeles in January 2023, according to USA Today and other media outlets. The closures…
News January 9
Boxed Explores Financial Alternatives, Including a Possible Sale
Boxed, the combination ecommerce retailer and enabler that serves both consumer and business customers, is seeking additional funding — or a possible sale — as it explores strategic alternatives. The…
News January 9
Walgreens, CVS Plan to Offer Abortion Pill Following FDA Rule Change
[Editor’s Note: This story was updated on Jan. 9 to include a statement from CVS.] America’s two largest drug store chains — Walgreens and CVS — have both confirmed that…
News January 9
Wireless Power and the Retail Store of Tomorrow
Stores are getting smarter by the day, driven in part by the robust experiences witnessed by the majority of us who increased our online shopping during the past three years.…
Executive Viewpoints January 9
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