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Bath & Body Works Faces Growing Activist Pressure Despite Adding 2 Board Seats

Activist investor Daniel Loeb will launch a boardroom challenge against Bath & Body Works through his hedge fund Third Point. The retailer recently added two new directors in an effort…

News February 23
Aldi new stores U.S.

Aldi Adds On-Demand Delivery Options Through DoorDash

Aldi has entered a partnership with DoorDash to offer on-demand grocery delivery from nearly all 2,278Aldi locations across 38 states. Customers can shop for fresh produce, meat, seafood, dairy, bread,…

News February 23
The Spice House's new store in Naperville.

The Spice House

Chicago-based fine spice retailer The Spice House has opened its newest location in Naperville, Ill., featuring in-store experiences including a “scent experience” and a Spice Bar. With retail design and…

News February 23
Instacart is expanding its enterprise solutions for grocers.

Instacart Expands Enterprise Offerings with Display Ads and Order Management for Deli and Produce Items

Instacart has expanded the offerings under its Instacart Platform umbrella, a suite of enterprise-grade technologies designed to help grocers with their digital transformations. New capabilities include online and in-store solutions…

News February 23

Newmine Helps Retailers Understand and Correct the ‘Why’ of Returns

Newmine aims to help retailers analyze sales and returns through its Chief Returns Officer platform in order to become better informed about customer actions. The AI- and natural language processing-powered…

News February 23

75% of Shoppers See Positive Potential for AI, so Retailers Must be Ready for an AI-Driven Future

This is the first article in our series on AI in Retail. Read the second article, detailing AI’s impact on store design, here. The AI revolution is here, and customers…

Features February 23

How Livestream Shopping Channels the Power of Influencer Marketing

Brands have long recognized the power of celebrities to influence the buying decisions of consumers. But the advent of reality TV, followed by the creation and growth of social media…

Executive Viewpoints February 23
Dick's Sporting Goods acquires Moosejaw from Walmart.

Dick’s Expands Reach into Outdoor Category with Acquisition of Moosejaw from Walmart

Dick’s Sporting Goods has agreed to acquire outdoor retailer Moosejaw from Walmart for an undisclosed amount. The deal is expected to close in March 2023. The acquisition expands Dick’s outdoor portfolio —…

News February 22

CNBC: To Fight Inflation, Walmart CEO Seeks to Keep Private Label Prices Low

Walmart CEO Doug McMillon wants the retailer to do its part in fighting inflation by keeping prices on its private label products down, according to CNBC. McMillon told Jim Cramer,…

News February 22
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