Merchandising News & Media
Best Buy to trim store locations despite healthy profits
March 1, 2021
Best Buy will close more than 20 stores this year despite a healthy cash balance sheet and solid profits.
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Why location data is critical for consumers and retailers
by Brian Cluster — Director of Industry Strategy for CPG & Retail, Stibo Systems
Brian Cluster, director of industry strategy for CPG & Retail, Stibo Systems, explains why why location data is so important in 2021 and why managing it…
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Gap launching customer experience center in Texas
February 26, 2021
Gap Inc. is planning to open a customer experience center in a quest to speed up inventory delivery and gain efficiency within its digital online shopping…
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Target doubles Apple product footprint, deploying special training for team members
February 26, 2021
Target Corp. is going big with its in-store Apple product footprint, doubling space allocation and offering team members special training on the product line.
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Forever 21 opens Yonkers location
February 25, 2021
Women's fashion retailer Forever 21 has opened its first store of 2021 in Yonkers, New York in the Cross County Mall.
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What consumers say makes for a great in-location experience in 2021
by Bobby Marhamat — CEO, Raydiant
Raydiant CEO Bobby Marhamat offers up five pillars of a positive in-location experience and explains why it's all about understanding the consumer's priorities.
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Home Depot's Q4 boasts record breaking sales, earnings
February 24, 2021
Despite an ongoing pandemic, home improvement retail Home Depot had a record-breaking Q4 sales and earnings.
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10 things retailers should consider in choosing a BOPIS approach
by Ned Hill
Ned Hill, founder and CEO of Position Imaging, explains how an effective BOPIS fulfillment solution can improve store experiences with safe, secure, and fast…
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Standard Cognition raises $150M, teams with Compass Group and Circle K on autonomous checkout
February 18, 2021
Standard Cognition, which provides an autonomous checkout solution that can be quickly installed in retailers' existing stores, has raised a $150 million round…
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Mall owner optimistic this year will be a better one for business
February 11, 2021
With the U.S. pandemic hitting it's one-year mark, the biggest U.S. mall operator is expressing optimism that business may be returning toward a normal point.
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Price Chopper merging with Tops Market
February 11, 2021
Price Chopper/Market 23 and Tops Markets, both New York-based grocery chains, are merging, which will double their collective footprint in the Northeast.
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Valentine's Day business isn't just about romance this year
February 10, 2021
Valentine's Day, the busiest day of the year for florists, isn't just about romance this year as many consumers are using the holiday to express love for those…
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Gap, Giant Eagle tap Oracle tech to boost merchandising strategy
February 9, 2021
Gap, Giant Eagle, Mr Price and Poundland are among the retailers revamping merchandising strategies with Oracle's Retail Merchandising Cloud Service, according…
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At-home apparel demand drives Target activewear sales way up
February 8, 2021
Target's activewear brand, All in Motion, is getting embraced by shoppers and has hit $1 billion in annual sales.
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Inventory posing big challenge for clothing retailers
February 8, 2021
There's a looming clothing inventory excess in the U.S. and European retail marketplaces and it's likely to pose a big challenge as retailers strive to recover…
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United Natural Foods taps Walmart veteran as SVP/produce
February 1, 2021
Don Wenninger United Natural Foods Inc. has named Dorn Wenninger senior vice president of produce, according to a press release.
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Belk department store chain filing for bankruptcy
January 29, 2021
North Carolina-based Belk, a department store chain, plans to file for Chapter 11 bankruptcy in an effort to eliminate $450 million in debt.
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Retail store closures may hit new record this year
January 29, 2021
There could be as many of 10,000 retail store closures this year, which would set a new record.
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Amazon's Boston expansion plans includes 3,000 new hires
January 27, 2021
Amazon will expand its Boston tech hub which will require 3,000 new jobs across several business lines, including robotics and pharmacy units.
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Walmart aims to speed delivery with automated mini warehouses
January 27, 2021
In a quest to speed up delivery of online bought goods, Walmart aims to develop automated mini-warehouses in and near its stores.
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