Retail

Retail
Walmart Expands Free Two-Day Shipping
October 23, 2018

Aiming to increase the number of items that can be shipped in two days, Walmart announced Tuesday (Oct. 23) that it is working with its marketplace sellers to make millions of products available for free two-day shipping without the need for a membership fee. Get...

Retail
Fourpost’s Plan To Revamp Physical Retail
October 23, 2018

The problem with contemporary physical retail, according to Fourpost Founder and CEO Mark Ghermezian, is that it has simply failed to keep pace with direction and push of modern retail. Consumers have seen everything brick-and-mortar has to offer as of 2018, and it seems that...

Retail
Grocers Consider Checkout Line-Free Future With Unattended Retail
October 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. From North America to China, the concept is gaining ground...

Retail
Analyst Cuts Amazon Estimates Amid Potential USPS Rate Hike
October 23, 2018

With a potential increase in U.S. Postal Service fees on the horizon, Credit Suisse Analyst Stephen Ju is reducing his estimates for the near term on operating profit. His pro forma earnings per share estimate is now at $34.99, which is down approximately 19 percent, CNBC...

Retail
Amazon’s HQ2 Hunt Has Real Estate Investors Making Bets
October 23, 2018

Even before Amazon names the city where it will put its second headquarters, investors are already looking for cash commitments and capital to invest real estate ahead of the announcement. Some investors are even purchasing shares in a firm that owns real estate in a city...

Retail
What Retail Can Teach Banking About Consumers’ Digital Journeys
October 23, 2018

Consumers go on a lot of different types of digital journeys in a day — they might shop online, do some banking, move funds between accounts, do some light online browsing. And while there are a lot of different contexts for digital journeys, Diebold Nixdorf VP...

Retail
Scentbird And The Sweet Smell Of Direct-To-Consumer Success
October 22, 2018

Perfume can be an expensive indulgence, particularly if one’s signature scent happens to be a designer perfume. Paying north of $300 to $500 for a few ounces is far from unheard of — and forces a fairly large commitment onto the wearer. While there are...

Retail
Mall Kiosks Find New Life As ‘Studio Shops’
October 22, 2018

The beloved mall kiosk, or the more formally named retail merchandising unit (RMU), had its humble beginnings in Boston. When the (former) Rouse Company was developing its Quincy Market-Faneuil Hall property in the 1970s, the firm turned to the center’s roots as an open-air market,...

Retail
Alibaba’s ‘Singles Day’ Shopping Event Marks A Decade
October 22, 2018

After starting out as an occasion celebrated by university students, China’s Alibaba helped popularize the country’s Singles Day as a retail shopping event. This year, the annual event turns 10, and the Chinese eCommerce retailer is billing this year’s ocassion as “the largest-ever in terms...