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Walmart and Sam’s Club Announce Price Reductions on Thousands of Goods
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IKEA’s Biggest Franchisor Plans to Invest More Than $3 Billion in Omnichannel Store Push
Ingka Group, which operates 392 IKEA stores across 32 markets, will invest more than €3 billion ($3.16 billion) into opening new locations and revamping existing stores by the end of…
News May 10
The Place to Be: Retail Industry Converges on Chicago for #RICE22
Three conferences with 200+ top-notch speakers, two distinct expos and a whole host of activities — from networking events to concept stores to tours of the Magnificent Mile’s retail offerings…
Features May 10
Retail Business Response Planning for Severe Weather Events
Taking a proactive approach in planning for and responding to severe weather volatility will help safeguard any business’s reputation — and long-term growth potential. That said, a common concern in…
Executive Viewpoints May 10
ESW Acquires Scalefast to Bolster Cross-Border Commerce Solutions
DTC ecommerce solution provider ESW will acquire Scalefast, an end-to-end ecommerce company, in a deal that is expected to close by mid-year 2022. Scalefast Co-founders Nicolas Stehle and Frédéric Bocquet,…
News May 9
Self-Checkout Solution Provider Raises $62.5 Million
Mashgin, a self-checkout solution powered by AI and computer vision, has raised $62.5 million in Series B funding at a $1.5 billion post-Series B valuation, making it a so-called “unicorn.”…
News May 9
Best Buy Expands Beyond Electronics Into New Categories Including Skincare
Following a March 2022 announcement that it planned to expand beyond its roots in electronics, Best Buy is entering new categories including health and wellness, outdoor living and transportation. Citing…
News May 9
Foot Locker Deepens Relationship with Adidas as Both Retailers Focus on Digital Offerings
Foot Locker has entered an “enhanced” relationship with adidas in which the brands will work together to improve product innovation, create elevated experiences and drive deeper customer connectivity. The partnership…
News May 9
How Vans Transformed its Visual Merchandising with ‘Digital-First’ Processes
During the pandemic, many retail organizations embraced more agile, often digital ways of working. Corporate employees immediately felt the benefits, largely because they were given the newfound power to work…
Features May 9
How Brands Can Deliver Sustainable Instant Commerce for Consumers
The COVID-19 pandemic has undoubtedly accelerated shifts in consumer behavior and expectations, and not many have been as dramatic as the explosive rise of ecommerce. Perhaps one of the biggest…
Executive Viewpoints May 9
