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Albertsons Launches AI-Powered Restructure Following Soft Q1 Results
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Bed Bath & Beyond Staves off Bankruptcy with $1 Billion Capital Infusion
Bed Bath & Beyond has secured investor backing for more than $1 billion in capital, delaying a potential bankruptcy filing. The retailer has received commitments to raise $225 million of…
News February 7
Save A Lot Implements Supply Chain Solution to Minimize Stockouts
Discount supermarket chain Save A Lot is rolling out a new data-driven supply chain solution from SymphonyAI in an effort to better meet shopper needs and minimize stockouts and substitutions.…
News February 7
5 Trends from NRF 2023 That Retailers Can’t Ignore
It was amazing to be back in NYC for NRF 2023, and this year’s event did not disappoint. The annual retail gathering brought a huge set of new companies and…
Executive Viewpoints February 7
With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences
Macroeconomic forces — from inflation to corporate layoffs and the unknown impacts of a recession — are creating uncertainty throughout the retail industry. But the luxury market sits in a…
Features February 7
PAVE Global and The Retail Innovation Conference & Expo Expand Strategic Partnership
2023 Event in Chicago will Bring More Content, More Networking and More Value to the Store Design Community
News February 7
Amazon Temporarily Halts Brick-and-Mortar Grocery Expansion Amid Overall Sales Growth
Amazon has paused expansion of its Amazon Fresh supermarkets and Amazon Go checkout-free convenience stores, CEO Andy Jassy told investors on an earnings call. The ecommerce giant is searching for…
News February 6
Trader Joe’s Challenges Union Vote at Louisville Store
Trader Joe’s is challenging the formation of a union at a Louisville, Ky. store, according to documents filed with the National Labor Relations Board (NLRB). Workers at the store voted…
News February 6
JCPenney Names New Transformation and Strategy Officer
JCPenney has appointed Keith Melker as its new Chief Strategy and Transformation Officer. Key areas of focus will include driving profitable consumer traffic, enhancing inventory management, further advancing digital growth…
News February 6
