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Ulta Beauty CEO Kecia Steelman on the Target Exit and How AI-Powered Loyalty Data will Drive its Next Growth Chapter
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Can Location Intelligence Make (or Break) the Holiday Shopping Season?
The COVID-19 pandemic changed consumer behavior patterns seemingly overnight. Knowing this, in preparation for the make-it-or-break-it holiday shopping season, brick-and-mortar stores must evolve and adjust their strategies in completely new…
Executive Viewpoints November 18Guitar Center Plans Bankruptcy Filing, Mulls Potential Store Closings
Musical instrument retailer Guitar Center has entered a Restructuring Support Agreement (RSA) with its key stakeholders that the company expects will include a voluntary filing for Chapter 11 bankruptcy protection.…
News November 17‘RC Capsule’ Creates Real-World Retail Test Lab in Historic Rockefeller Center
Rockefeller Center has launched a new retail initiative, RC Capsule, bringing together retail, real estate and technology in a program that offers independent brands the ability to test brick-and-mortar concepts with pop-up…
News November 17Francesca’s to Close 140 Stores as Retailer Eyes Potential Bankruptcy Filing
Francesca’s plans to close approximately 140 stores by Jan. 30, 2021, according to a filing with the Securities and Exchange Commission. As a result of the closures, Francesca’s expects to…
News November 17Amazon Launches Prescription Delivery Service Offering Discounts to Prime Members
Amazon has launched Amazon Pharmacy, a prescription delivery service that lets shoppers complete an entire pharmacy transaction through the Amazon App and includes special discounts and unlimited two-day delivery for…
News November 17This Holiday Season, ‘Out of Stock’ Should not Mean ‘Out of Luck’
Deloitte has predicted that overall retail sales this holiday season will top $1.1 billion — representing solid growth of up to 1.5% over last year. But online retailers — and…
Executive Viewpoints November 17design:retail Winning Windows 2020: Call for Entries Now Open
The design:retail Winning Windows legacy continues in 2020, honoring holiday windows not just in Manhattan but across North America. Needed more than ever in a holiday season filled with uncertainty,…
News November 16CVS Launches Contactless Checkout at All U.S. Locations
CVS Pharmacy has implemented touch-free checkout using PayPal and Venmo QR codes at all 8,200 standalone retail locations, reaching a milestone set at the start of the partnership in July…
News November 16Bed Bath & Beyond Sells Non-Core Assets for $250 Million
Bed Bath & Beyond has completed the sale of its Christmas Tree Shops retail banner, its institutional Linen Holdings business and a distribution center located in Florence, N.J., totaling $250 million.…
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