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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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WSJ: Walmart Ends In-Store Robotics Partnership, Will Use Associates Instead
Walmart has reportedly ended its partnership with Bossa Nova Robotics, which had involved an effort to automate certain in-store tasks through the use of robots, according to The Wall Street…
News November 4Nike to Lay Off 700 HQ Workers
Nike announced that it will lay off approximately 700 workers at its world headquarters by Jan. 8, 2021, according to a filing the company made on Nov. 2. The layoffs,…
News November 4Identifying the ‘Faces’ Behind Faceless Online Transactions
Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. In 2019, the total market share of online…
Executive Viewpoints November 4Sephora Enhances Employee Communications During COVID and Beyond
Perhaps one of the hardest-hit retail categories during the pandemic has been beauty, a vertical that has relied on customers sampling products and hands-on interactions as part of the in-store…
Features November 4#RIC20 Roundtable Recap: How Stores Can Still Amaze Shoppers
During the hustle of the 2020 Retail Innovation Conference (#RIC20), there may have been more sessions than you could take part in. As moderators of the live roundtable titled Designing…
News November 3Under Armour Will Exit up to 3,000 Wholesale Partnerships to Focus on DTC
Under Armour plans to overhaul its wholesale partnerships, exiting between 2,000 and 3,000 stores in North America, according to company executives on a recent earnings call. The brand expects to…
News November 3Dunkin’ Brands Acquired by Inspire Brands for $11.3 Billion
Inspire Brands will purchase Dunkin’ Brands, parent company of Dunkin’ and Baskin-Robbins, in a transaction valued at approximately $11.3 billion. Dunkin’ will join a restaurant portfolio of more than 11,000…
News November 3Tips for Staying Safe and Seeing Green on Black Friday
Don’t be surprised if Black Friday looks different this year. At the same time, it is the holiday season and people around the world, after mainly staying at home for…
Executive Viewpoints November 3How Smaller Assortments, Lower Inventory Levels Can Maximize Post-COVID Success
Retailers, particularly those in the apparel, footwear and soft goods verticals, have an opportunity to turn the lemons from COVID-19 into lemonade, according to Keith Jelinek and Richard Maicki, Managing…
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