Market Buzz& Industry News
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Mark Cuban challenges Amazon, Walmart with discount online pharmacy01/20/2022
A billionaire “Shark Tank” investor is swimming in discount pharmacy waters.
First Look: Wilson Sporting Goods celebrates sports, play at NYC flagship01/20/2022
Wilson Sporting Goods Co. wants customers to play and shop at its new flagship in New York City.
Deloitte: Key retail priorities for 2022 include employee retention01/20/2022
With great challenges, come new opportunities.
TGI Fridays launching new format01/20/2022
Another restaurant chain is focusing on the off-premise revenue stream.
Aldi competes with Amazon in in U.K. checkout-free store pilot01/20/2022
The fifth-largest supermarket retailer in the U.K. is the latest grocer to open a frictionless store in London.
Michaels expands same-day delivery to Canada01/20/2022
The leading arts and crafts retailer in North America is making same-day delivery of online orders available at 100 stores across Canada.
Burton Snowboards revamps omnichannel operations to support DTC01/20/2022
A vertical retailer of snowboarding products is shifting its business to focus more on direct-to-consumer sales.
PetSmart reportedly in talks to go public through acquisition01/20/2022
A pet supplies and services retailer may be returning to the public market.
CBRE: These two categories had the steepest holiday sales gain …01/20/2022
Total holiday sales surpassed more than $900 billion in 2021.
NRF 2022: Key Takeaways from Retail Execs01/20/2022
C-suite-level executives from major retailers delved into many of the most pressing issues affecting retail at the NRF 2022 “Big Show.”
Amazon to open its first-ever physical clothing store – in a California lifestyle center01/19/2022
Amazon’s latest store concept is designed to combine the personalization of e-commerce with the immediacy of brick-and-mortar shopping.
1-800-Flowers.com streamlines shopping, payment options01/19/2022
In time for Valentine’s Day, 1-800-Flowers.com is unveiling offerings including floral subscriptions and buy now, pay later.
CSA Exclusive: Billionaire Zombies Club leader talks Web 3.001/19/2022
Retailers can create entirely new revenue streams and discover new customers using Web 3.0 technologies such as non-fungible tokens (NFTs) and the metaverse.
Rebag launches its first-ever rewards program01/19/2022
A leading luxury resale retailer is giving consumers added reasons to trade, sell and buy on its site and in its stores.
P.F. Chang’s expanding take-out store format01/19/2022
P.F. Chang’s is responding to ongoing demand for take-out.
Walmart to support e-commerce with new fulfillment center01/19/2022
Walmart is opening a fulfillment center in Mississippi in spring 2022.
Walmart’s top U.S. e-commerce exec to leave; replacement named01/19/2022
Walmart’s e-commerce division is getting a new leader.
Walmart invites select Indian sellers to join U.S. marketplace01/19/2022
Walmart is expanding its India sourcing initiative as part of a new global drive to attract international sellers for its third-party online U.S. marketplace.
Sheetz bases growth plans on demand planning foundation01/19/2022
A family-owned, mid-Atlantic restaurant and convenience chain is unifying key demand planning processes to support enterprise growth.
CGP: Holiday sales driven more by inflation than by organic growth01/19/2022
Inflation had a big impact on 2021’s record holiday sales growth.
Walgreens, VillageMD entering new market01/19/2022
Walgreens Boots Alliance and VillageMd continue to expand their healthcare partnership.
CVS partners with Uber Health for free transportation in health initiative01/18/2022
CVS Health is partnering with a major rideshare platform as part of its new “Health Zones” program.
7-Eleven launches delivery subscription program01/18/2022
The country’s largest convenience retailer is offering no-fee delivery in less than an hour for a monthly price.
Instacart issues first credit card01/18/2022
A leading on-demand delivery platform is entering the financial services space.
More Starbucks stores begin move to unionize — in the U.S. and Canada01/18/2022
The drive to unionize is hitting more Starbucks locations.
Ikea Canada in big rollout of electric delivery trucks01/18/2022
The Canadian subsidiary of Swedish furniture giant Ikea is taking a step toward its goal of 100% zero-emission deliveries by 2025.
Walgreens unveils interactive COVID-19 tracker01/18/2022
Walgreens is identifying the spread of current and emerging COVID-19 variants in near real-time.
The 10 states with the most convenience stores are ...01/18/2022
More than one in 10 convenience stores in the United States are located in one state.
Neiman Marcus names new supply chain and tech heads01/18/2022
Neiman Marcus Group has made two executive moves as it continues to focus on its digital commerce operations.
CEO of Price Chopper and Tops Markets parent company to retire01/18/2022
Northeast Grocery Inc. has named its next chief executive.
Matthew Beverly is named CEO of Cullinan Properties01/18/2022
A former RPAI executive is the new head of Cullinan Properties.
Starbucks drops vaccine-or-test requirement; adds new COVID protocols01/18/2022
Starbucks has changed course on its vaccine mandate for employees.
Report: Walmart makes Web 3.0 moves toward NFTs, cryptocurrency01/17/2022
Walmart is reportedly preparing to become a player in the spaces of two “Web 3.0” technologies – non-fungible tokens (NFTs) and cryptocurrency.
Australian women’s comfort footwear brand Frankie4 opens first U.S. store, HQ01/17/2022
A new brand in the U.S. footwear market combines comfort with fashion.
Inland divests two BJ’s Warehouse stores01/17/2022
Inland Private Capital Corp. announced that it has sold two BJ’s Warehouse stores.
Kohl's responds to new push from activist investor to make changes or explore sale01/17/2022
Kohl’s Corp. is once again feeling pressure from activist hedge fund Macellum Advisors.
Ulta Beauty automates omnichannel personalization01/17/2022
Ulta Beauty is focusing on creating highly personalized customer experiences – across channels and at scale.
ICSC: Consumer holiday spending on goods, services in big YOY increases01/17/2022
Holiday 2021 was one for the record books despite slower December sales.
Following COVID-19 procedures key to building brand trust, according to survey01/17/2022
Safety remains key for establishing customer trust.
Marco’s Pizza on fast track for expansion01/17/2022
Marco’s Pizza’s store pipeline is robust as it looks to expand nationwide.
BrandPoint Services acquires ProGroup01/17/2022
BrandPoint Services has acquired a leading provider of painting and remodeling services.
Backcountry supports store expansion with advanced POS system01/17/2022
An omnichannel outdoor gear and apparel retailer is continuing its entry into brick-and-mortar with a mobile-enabled POS solution that enhances in-store customer service.
Pacsun digitally transforms contract management01/17/2022
Pacsun is rolling out an enterprise-wide contract lifecycle management solution.
Poag Shopping Centers signed 30 new tenants in 202101/17/2022
The Omicron variant has stalled the nation’s return to health, yet retailers are returning to bricks-and-mortar in very healthy numbers.
Levi’s provides stores with real-time mobile data01/17/2022
A leading denim brand is opening a store-level view into enterprise data with a new proprietary app.
Walmart U.S. president, CEO names NRF board chair01/17/2022
The National Retail Federation has a new chairman.
Here are Mall of America’s 10 new tenants ...01/17/2022
The nation’s largest retail and entertainment complex kicked off the new year with 10 new additions to its lineup.
Study: The top 15 grocery retailers in the U.S. are…01/13/2022
Regional grocers and retail powerhouses rank among the top U.S. grocery retailers.
Exclusive Q&A: Decathlon applies RFID across the enterprise01/13/2022
The world’s largest sporting goods retailer is an enthusiastic proponent of supporting front- and back-end operations with RFID technology.