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What Foot Locker’s New Partnership with Salomon Says About the Sneaker Market
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Inbenta Technologies Enhances the Search Experience With Natural Language Processing
Inbenta Technologies, an AI-based customer interaction and natural language processing (NLP) solution provider, has rolled out Conversational AI Search, a tool designed to help shoppers find the right product at…
News March 4
Exclusive CEO Q&A: Building a Footwear Retail Business from the Ground Up
If you think “grounding” is just the name of the punishment sitcom parents are always threatening their naughty kids with, think again. “Grounding” also has a biomechanical meaning related to…
Features March 4
Keeping up with the Customers: How Retailers are Adapting to New Shopping Behaviors
Retail success is dependent on understanding and meeting the needs of shoppers. But what happens when your customers unexpectedly shift their behaviors and years of data goes out the window?…
Executive Viewpoints March 4
Indie Superette
(Hover over a photo in the gallery above to read more details in the captions, or click on a photo to expand and open the full-size images.) The new Indie Superette market…
News March 3
Walmart to Invest $350 Billion in U.S. Manufacturing Over the Next Decade
Walmart will invest $350 billion in U.S. manufacturing over the next 10 years, a move the retailer estimates will support the creation of more than 750,000 new American jobs. The…
News March 3
Following 2020 Online Grocery Boom, Instacart Raises Another $265M
Online grocery platform Instacart has raised $265 million in new funding, increasing its valuation to $39 billion. Instacart will use the money to increase its corporate headcount by 50% in 2021, as…
News March 3
Target to Invest $4 Billion Annually in New Stores, Remodels and Supply Chain Improvements
Target will build off its 2020 momentum by investing $4 billion annually in new store openings, remodels for existing stores and supply chain upgrades over the next several years, the…
News March 3
Paper Source Files for Bankruptcy, Plans to Keep Most Stores Open During Proceedings
Paper Source has filed for Chapter 11 bankruptcy and is hoping to sell the business, according to court filings. The retailer has received a stalking horse bid from its current…
News March 3
Michaels to be Acquired by Apollo Global Management
The Michaels Companies (Michaels) and funds managed by affiliates of Apollo Global Management Inc. (Apollo) have entered into a definitive merger agreement through which investment funds managed by affiliates of…
News March 3
