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Market Buzz& Industry News

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Mark Cuban challenges Amazon, Walmart with discount online pharmacy

01/20/2022


A billionaire “Shark Tank” investor is swimming in discount pharmacy waters.

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First Look: Wilson Sporting Goods celebrates sports, play at NYC flagship

01/20/2022


Wilson Sporting Goods Co. wants customers to play and shop at its new flagship in New York City.

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Deloitte: Key retail priorities for 2022 include employee retention

01/20/2022


With great challenges, come new opportunities.

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TGI Fridays launching new format

01/20/2022


Another restaurant chain is focusing on the off-premise revenue stream.

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Aldi competes with Amazon in in U.K. checkout-free store pilot

01/20/2022


The fifth-largest supermarket retailer in the U.K. is the latest grocer to open a frictionless store in London.

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Michaels expands same-day delivery to Canada

01/20/2022


The leading arts and crafts retailer in North America is making same-day delivery of online orders available at 100 stores across Canada.

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Burton Snowboards revamps omnichannel operations to support DTC

01/20/2022


A vertical retailer of snowboarding products is shifting its business to focus more on direct-to-consumer sales.

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PetSmart reportedly in talks to go public through acquisition

01/20/2022


A pet supplies and services retailer may be returning to the public market.

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CBRE: These two categories had the steepest holiday sales gain …

01/20/2022


Total holiday sales surpassed more than $900 billion in 2021.

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NRF 2022: Key Takeaways from Retail Execs

01/20/2022


C-suite-level executives from major retailers delved into many of the most pressing issues affecting retail at the NRF 2022 “Big Show.”

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Amazon to open its first-ever physical clothing store – in a California lifestyle center

01/19/2022


Amazon’s latest store concept is designed to combine the personalization of e-commerce with the immediacy of brick-and-mortar shopping.

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1-800-Flowers.com streamlines shopping, payment options

01/19/2022


In time for Valentine’s Day, 1-800-Flowers.com is unveiling offerings including floral subscriptions and buy now, pay later.

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CSA Exclusive: Billionaire Zombies Club leader talks Web 3.0

01/19/2022


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.

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Rebag launches its first-ever rewards program

01/19/2022


A leading luxury resale retailer is giving consumers added reasons to trade, sell and buy on its site and in its stores.

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P.F. Chang’s expanding take-out store format

01/19/2022


P.F. Chang’s is responding to ongoing demand for take-out.

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Walmart to support e-commerce with new fulfillment center

01/19/2022


Walmart is opening a fulfillment center in Mississippi in spring 2022.

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Walmart’s top U.S. e-commerce exec to leave; replacement named

01/19/2022


Walmart’s e-commerce division is getting a new leader.

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Walmart invites select Indian sellers to join U.S. marketplace

01/19/2022


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.

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Sheetz bases growth plans on demand planning foundation

01/19/2022


A family-owned, mid-Atlantic restaurant and convenience chain is unifying key demand planning processes to support enterprise growth.

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CGP: Holiday sales driven more by inflation than by organic growth

01/19/2022


Inflation had a big impact on 2021’s record holiday sales growth.

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Walgreens, VillageMD entering new market

01/19/2022


Walgreens Boots Alliance and VillageMd continue to expand their healthcare partnership.

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Paper Source exec to head up Forever 21

01/18/2022


Forever 21 has a new leader.

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CVS partners with Uber Health for free transportation in health initiative

01/18/2022


CVS Health is partnering with a major rideshare platform as part of its new “Health Zones” program.

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7-Eleven launches delivery subscription program

01/18/2022


The country’s largest convenience retailer is offering no-fee delivery in less than an hour for a monthly price.

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Instacart issues first credit card

01/18/2022


A leading on-demand delivery platform is entering the financial services space.

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More Starbucks stores begin move to unionize — in the U.S. and Canada

01/18/2022


The drive to unionize is hitting more Starbucks locations.

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Ikea Canada in big rollout of electric delivery trucks

01/18/2022


The Canadian subsidiary of Swedish furniture giant Ikea is taking a step toward its goal of 100% zero-emission deliveries by 2025.

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Walgreens unveils interactive COVID-19 tracker

01/18/2022


Walgreens is identifying the spread of current and emerging COVID-19 variants in near real-time.

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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.

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Neiman Marcus names new supply chain and tech heads

01/18/2022


Neiman Marcus Group has made two executive moves as it continues to focus on its digital commerce operations.

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CEO of Price Chopper and Tops Markets parent company to retire

01/18/2022


Northeast Grocery Inc. has named its next chief executive.

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Matthew Beverly is named CEO of Cullinan Properties

01/18/2022


A former RPAI executive is the new head of Cullinan Properties.

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Starbucks drops vaccine-or-test requirement; adds new COVID protocols

01/18/2022


Starbucks has changed course on its vaccine mandate for employees.

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Report: Walmart makes Web 3.0 moves toward NFTs, cryptocurrency

01/17/2022


Walmart is reportedly preparing to become a player in the spaces of two “Web 3.0” technologies – non-fungible tokens (NFTs) and cryptocurrency.

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Australian women’s comfort footwear brand Frankie4 opens first U.S. store, HQ

01/17/2022


A new brand in the U.S. footwear market combines comfort with fashion.

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Inland divests two BJ’s Warehouse stores

01/17/2022


Inland Private Capital Corp. announced that it has sold two BJ’s Warehouse stores.

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Kohl's responds to new push from activist investor to make changes or explore sale

01/17/2022


Kohl’s Corp. is once again feeling pressure from activist hedge fund Macellum Advisors.

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Ulta Beauty automates omnichannel personalization

01/17/2022


Ulta Beauty is focusing on creating highly personalized customer experiences – across channels and at scale.

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ICSC: Consumer holiday spending on goods, services in big YOY increases

01/17/2022


Holiday 2021 was one for the record books despite slower December sales.

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Following COVID-19 procedures key to building brand trust, according to survey

01/17/2022


Safety remains key for establishing customer trust.

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Marco’s Pizza on fast track for expansion

01/17/2022


Marco’s Pizza’s store pipeline is robust as it looks to expand nationwide.

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BrandPoint Services acquires ProGroup

01/17/2022


BrandPoint Services has acquired a leading provider of painting and remodeling services.

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Backcountry supports store expansion with advanced POS system

01/17/2022


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.

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Pacsun digitally transforms contract management

01/17/2022


Pacsun is rolling out an enterprise-wide contract lifecycle management solution.

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Poag Shopping Centers signed 30 new tenants in 2021

01/17/2022


The Omicron variant has stalled the nation’s return to health, yet retailers are returning to bricks-and-mortar in very healthy numbers.

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Levi’s provides stores with real-time mobile data

01/17/2022


A leading denim brand is opening a store-level view into enterprise data with a new proprietary app.

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Walmart U.S. president, CEO names NRF board chair

01/17/2022


The National Retail Federation has a new chairman.

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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.

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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.

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Exclusive Q&A: Decathlon applies RFID across the enterprise

01/13/2022


The world’s largest sporting goods retailer is an enthusiastic proponent of supporting front- and back-end operations with RFID technology.

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