Retail

Retail
Restaurant Franchisee NPC Gets Green Light To Sell Pizza Hut, Wendy’s For $800 Million
January 20, 2021

Restaurant franchisee NPC International won court approval to sell 1,300 Pizza Hut and Wendy’s locations for around $800 million, Bloomberg reported. The news comes months after the pandemic forced the company into bankruptcy. Get the Full Story Complete the form to unlock this article and...

Retail
Today In Retail: Birkenstock Might Sell To CVC; Cognira Releases AI Suite For Retail
January 20, 2021

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Plus, Jennifer Lopez is depending on Flowcode for marketing of her new JLo Beauty brand. Get the Full...

Retail
Google Rolls Out ‘Product Discovery Solutions For Retail’ Suite
January 20, 2021

Google Cloud is rolling out Product Discovery Solutions for Retail, a new suite of services that will use artificial intelligence (AI) and machine learning (ML) to help eCommerce firms deliver personalized consumer experiences during a shopping journey’s initial phase. Get the Full Story Complete the...

Retail
Retailers Overestimate Demand For BOPIS, Underestimate Demand For Delivery 
January 20, 2021

Traditional retailers must learn five lessons if they want to stay in business as the market enters a post-COVID, digital-first era, according to PYMNTS’ Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Flowcode Aims To Bring QR Codes Into The 21st Century (And Help Jennifer Lopez)
January 20, 2021

Jennifer Lopez is counting on Flowcode — a platform founded by former AOL CEO Tim Armstrong to promote souped-up QR codes — to help make her new JLo Beauty brand really sing. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Cognira Rolls Out AI Promotion Suite For Retailers
January 20, 2021

Retail artificial intelligence (AI) software company Cognira has released its AI Promotion Solution. The promotion management tool infuses AI to tackle one of the most intricate processes that merchants encounter — how to handle promotions to fuel business goals, according to a Wednesday (Jan. 20)...

Retail
Birkenstock Discusses Potential Sale With CVC Capital Partners
January 20, 2021

European footwear company Birkenstock is in discussions for a sale to CVC Capital Partners, which is far along in talks with the owners of the brand that has been around for some 250 years, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the...

Retail
Starbucks To Assist Washington State With COVID-19 Vaccine Distribution
January 19, 2021

Starbucks will assist the state of Washington with distributing the COVID-19 vaccine. The coffee chain has tasked 11 staffers who have knowledge in R&D, operations, and labor and deployment with full-time work on distributing the vaccine in Washington, NBC News reported, citing the company. Get...

Retail
7-Eleven And Other Convenience Stores Go High-Tech Even As The Industry Contracts
January 19, 2021

The number of U.S. convenience stores fell 1.6 percent during 2020 as the COVID-19 pandemic depressed crucial gasoline sales and brick-and-mortar retail contracted in general, but many shops are fighting back with digital technology and other upgrades.  Get the Full Story Complete the form to...