Retail TouchPoints

$400 Million Funding Round Pushes Wholesale Marketplace Faire’s Value to $12.4B

Online B2B wholesale marketplace Faire has closed a $400 million Series G funding round, its third in the last year. With this latest round, which pushes the company’s total funding…

H&M NYC Flagship Spotlights ‘Buy From a Black Woman’ With Holiday Events

Fashion retailer H&M is providing a high-profile platform to Black women-owned businesses with the Buy from a Black Woman Holiday Market at its Times Square flagship. Kicking off on Small…

Execs from Allbirds, Crocs and 7-Eleven Top List of 2021 Retail Innovators

Your Website’s Role in Business Continuity

Retailers venturing into the world of ecommerce for the first time in 2020 may have started by selling on social media or a business aggregator’s site. It is relatively easy…

Why Data-Driven Decision-Making Will Define the Future of Retail

When the first department store opened more than 100 years ago, the goal was to offer a multitude of specialty goods to a large number of people. Today, online stores…

CVS to Close 900 Locations Over Three Years, Focus on Three Store Formats as Part of Omnichannel Strategy

CVS Health is accelerating its digital transformation through the closure of 900 stores over the next three years and the appointment of three new leaders. This includes the creation of…

Macy’s Plans Online Marketplace Launch for 2022, Reconsiders 60 Store Closures

Macy’s is continuing its omnichannel evolution with the launch of a curated digital marketplace for both its flagship brand and Bloomingdale’s slated to open in the second half of 2022.…

Starbucks Teams with Amazon Go for New Combination Store Concept in NYC

Doors have opened on a new concept store from Starbucks and Amazon Go aims to combine comfort and convenience by bringing together the lounge aesthetic of a Starbucks café and…

#RIC21 Provides 8 Real-World Answers to the Question ‘What do Consumers Really Want?’

Retailers certainly need to know what consumers want, but perhaps an even more important question is: How do I provide it to my shoppers? Fortunately the 2021 Retail Innovation Conference,…