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Report: Mall Owners CBL & Associates and PREIT File for Bankruptcy as Pandemic Pressure Continues
Mall owners CBL & Associates and Pennsylvania Real Estate Investment Trust (PREIT) have each filed for Chapter 11 bankruptcy protection, according to CNBC. Mall owners have faced financial pressure stemming…
News November 2
inRiver Secures $32 Million in Latest Funding Round
Product information management (PIM) solution provider inRiver has closed a $32 million funding round led by Lugard Road Capital, with participation from existing investors Verdane, Industrifonden, Zobito and RoosGruppen. The…
News November 2
Grocery Fulfillment Tech Provider Ocado Goes All in on Robotics
Ocado Group, a UK-based technology company providing end-to-end online grocery fulfilment solutions, has acquired two North America-based robotics companies — Kindred Systems and Haddington Dynamics — to accelerate its investment…
News November 2
Onfleet Raises $14 Million to Meet Last-Mile Services Demand Surge
Onfleet, a provider of last-mile delivery management software, has raised $14 million in Series A funding. The capital influx will allow the company to continue broadening its product offerings and…
News November 2
How College Town Retailers Can Best Cope With a Fraction of the Student Population
Predicting retail shopping demand in college towns has been unprecedented this school year. Typically, during a normal year, the U.S. has more than 20 million college and university students with…
Executive Viewpoints November 2
From In-Store to At Home, Real-Time Decision Making Helps Retailers Adapt to Changing Customer Behavior
Over the last several months, the retail industry has experienced seismic shifts in how retailers operate day to day and connect with customers. The pandemic flipped traditional business models and…
Executive Viewpoints November 2
Chartwells Debuts Checkout-Free C-Store at University of Houston
The convenience store experience just got more convenient at Chartwells, a division of Compass Group that operates thousands of stores on college and corporate campuses. The retailer recently debuted its…
Features November 2
Amazon Expects Chaotic Q4 Despite Highly Successful Q3
Amazon reported a 37% net sales increase, to $96.1 billion, in Q3 2020, which ended September 30. However, the ecommerce giant now expects an uncertain holiday season, leading to a…
News October 30
DICK’S Sporting Goods Opens 3 CALIA by Carrie Underwood Pop-Ups
DICK’S Sporting Goods has launched three temporary pop-up locations for CALIA by Carrie Underwood, one of the retailer’s top-selling women’s brands. Highlighting the fitness and lifestyle brand, the pop-ups are located…
News October 30
