Retail TouchPoints

2022 Retail Innovator Award Winners Revealed

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…

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…

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…

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…

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…

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…

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…

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…