News
Consumer confidence ebbs as new year kicks off
January 28, 2022
Consumer confidence dipped moderately in January though consumers are thinking of buying homes, cars and appliances, according to a Conference Board survey.
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Mark Cuban launches prescription drug company
January 28, 2022
In a quest to make prescription drugs more affordable, Mark Cuban has launched the Mark Cuban Cost Plus Drugs Company that will buy generic drugs from makers.
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Five Below is making a home in Myrtle Beach, SC
January 28, 2022
Discount retailer Five Below is building a store in Myrtle Beach, South Carolina that will open sometime this winter, according to a MyrtleBeachOnline report.
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Costco expanding footprint big time this year
January 27, 2022
Costco has big expansion plans this year that include opening 28 stores and spending $4 billion on logistics strategy and infrastructure.
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New year, new consumer retail resolutions
January 27, 2022
More than half, 66%, of U.S. consumers are making a retail resolution this year to change their shopping habits.
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Japanese retailers add vending machines during pandemic
January 27, 2022
Frozen food and flower retailers are installing vending machines during the coronavirus pandemic, according to a report in thenewsmotion.com.
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Yes, Walmart is embracing crypto, NFTs and the metaverse
January 26, 2022
Walmart has filed trademarks that indicate it aims to create and sell virtual goods as well as develop a virtual currency and non-fungible tokens called NFTs.
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Walmart e-comm leader leaving post
January 26, 2022
Casey Carl, Walmart's U.S. e-commerce chief, is leaving the retailer come February.
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Amazon launching brick-and-mortar clothing store
January 26, 2022
Amazon will open its first ever physical clothing store, called Amazon Style, sometime in 2022.
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Fetch Rewards taps David Sommer as chief customer leader
January 25, 2022
Consumer rewards company Fetch Rewards has named David Sommer as the company's first chief customer officer.
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Ralph Lauren going virtual to reach young shoppers
January 25, 2022
Ralph Lauren is embracing virtual and the metaverse in a quest to reach and attract the younger consumer.
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Target CEO: Gas costs, inflation could deter consumer in-store visits
January 25, 2022
Target CEO Brian Cornell expects ongoing inflation, resulting in higher retail goods costs, and increased gas prices are likely going to reduce consumer…
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UK co-op deploys Diebold Nixdorf self-service solution in 80 stores
January 24, 2022
East of England Co-operative Society, a consumer cooperative in the U.K. with 122 stores, has deployed more than 180 Diebold Nixdorf DN Series Easy eXpress…
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Vera Bradley taps Impact Analytics for optimized decision making
January 24, 2022
American lifestyle brand Vera Bradley is partnering with Impact Analytics on a unified retail planning platform that will optimize decision making from…
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Meijer offers free home delivery for limited time
January 24, 2022
Grocery chain Meijer is offering free home delivery on orders over $35 from now until Jan. 29.
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A retail/hospitality challenge: Serving ‘digital natives’
January 21, 2022
Two experts from Zebra Technologies offer insight on how retail and hospitality decision makers can address the growing demand for omnichannel shopping.
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Convenience store goes unattended with vending machines
January 21, 2022
A convenience store in Newcastle, U.K. now consists of several vending machines offering a variety of products such as snacks, beverages, tissues, playing…
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Retailer teams with AiFi on unattended stores
January 21, 2022
Żabka Group, a retailer based in Poznan, Poland, operates the largest chain of autonomous stores in Europe after launching 25 AI-powered stores in partnership…
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2021 retail holiday sales hit $887B
January 20, 2022
Total retail holiday sales hit $887 billion, according to the National Retail Federation, despite ongoing supply chain hiccups and the ongoing COVID-19 Omicron…
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Just 15% of retailers provide differentiating experience
January 20, 2022
A small fraction of retailers, 15%, are offering a differentiating experience when it comes to omnichannel customer service and just 30% of the 90% of shoppers…
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