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Mall owners eyeing Forever 21 acquisition

February 5, 2020

A group of buyers, which includes mall owner Simon Property Group, is making a $81 million bid to buy Forever 21, a fashion retailer that filed for bankruptcy…

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Networld Media Group acquires Vending Times, names Elliot Maras editor

February 4, 2020

Networld Media Group, the parent company of Digital Signage Today and sister sites, has acquired The Vending Times, a media publisher in the self-service…

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Survey: Valentine's Day spend will be record-setting

February 4, 2020

Given the strong holiday sales season retail watchers are expecting spend on Valentine's Day to be record-setting.

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Amazon Go store to offer fountain soda, espresso, hot foods

February 4, 2020

The Amazon Go store in San Francisco's financial district at 300 California St. will be selling hot food, espresso and fountain soda when it reopens in the…

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TD Bank, Cardtronics rebranding ATMs at Rite Aid stores

February 4, 2020

TD Bank has signed a deal with Cardtronics to rebrand 80 ATMs inside New York Rite Aid stores in the Bronx, Brooklyn and Queens to operate under the bank's…

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Cat declares supermarket self-service checkout as new home

February 3, 2020

Pumpkin, a cat that had already been banned once for lounging around the entrance of a British supermarket has now stepped up and declared a self-serve…

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Apple shutters China stores in wake of coronavirus outbreak

February 3, 2020

Apple is closing all its mainland China locations, through Feb. 9, in reaction to the spread of the coronavirus.

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Foot Locker revamping loyalty program

February 3, 2020

Foot Locker is refreshing its loyalty program with a platform boasting many more perks for customers.

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Amazon's Q4 a big earnings win thanks to Prime, grocery and same-day delivery

January 31, 2020

Amazon.com Inc. reported a better-than-expected profit in the fourth quarter, as new customers continued to sign up with its Prime program, grocery delivery…

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Coronavirus likely to impact airport travel, retail worldwide

January 31, 2020

Airport passenger traffic, as well as airport retail environments, will more than likely feel the impact of the coronavirus outbreak on a global basis.

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Zelle transactions, payment volume surge on holiday spending

January 31, 2020

Early Warning Services, parent of the Zelle Network, reported strong fourth-quarter spending surged on the P2P service, driven by increased gift money giving…

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Home Depot pilots kiosks to scan, locate parts for customers

January 31, 2020

Slyce Inc., which makes visual search software for retail, is piloting four kiosks at a Philadelphia Home Depot that will scan, identify and illustrate exactly…

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Snap Kitchen debuts free shipping, Whole Foods Market launch

January 31, 2020

Snap Kitchen is launching free ground shipping across 38 states and debuting its chef-prepared meals in dozens of Whole Foods Market stores across Louisiana…

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Amazon's Q4 a big earnings win thanks to Prime, grocery and same-day delivery

by David Jones — Editor, Networld Media Group

January 30, 2020

Amazon.com Inc. reported a better-than-expected profit in the fourth quarter, as new customers continued to sign up with its Prime program, grocery delivery…

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Consumers all in on visual search technology

January 30, 2020

More than half of consumers, seven in 10, who are aware of visual search technology are likely to try it and four in five visual search users have made…

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Walmart revamps executive leadership a bit

January 30, 2020

Walmart Chief Merchant Steve Bratspies is leaving the retailer and will be replaced by Scott McCall.

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Consumers want a variety of shopping channels, reveals survey

January 29, 2020

A good majority of consumers, 72%, tend to shop retail brands that allow them to purchase and return across channels.

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Boscov arrives in Ohio

January 29, 2020

Department store Boscov has opened its first store in Ohio and plans to open a second come next fall.

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Watch brand taps Klarna to give customers another purchase option

January 28, 2020

Premium watch and accessory brand MVMT is partnering with payment provider Klarna to offer shoppers a new purchase option.

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Smartphone shopping getting more popular

January 28, 2020

While 42% of retail sales are being made on a smartphone, retailers are still a bit behind in catching up to the consumer purchase option.

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