Retail

Retail
Nordstrom Prepared For ‘Range Of Scenarios’ Amid Continued Uncertainty
August 24, 2021

Executives at high-end fashion retailer Nordstrom said they’re optimistic about the second half of 2021 as consumers continue to shop for new clothing to wear to events and social occasions, though sales remain below levels seen in 2019. Get the Full Story Complete the form...

Retail
Today In Food Tech: Restaurants Seek Relief; Grocers Tap In-Store Data
August 24, 2021

Today in restaurant and grocery tech news, McDonald’s U.K. names a new CMO and runs out of milkshakes. Plus, Raz Golan, CEO of smart cart technology company Shopic, talks about updating the in-store experience. Get the Full Story Complete the form to unlock this article...

Retail
Heavy Traffic Is Good News For Auto Parts Retailers
August 24, 2021

It’s hard to find a sector handling pandemic-era curves better than auto parts. In recent weeks and months, the nation’s top auto parts retailers continue to report robust sales gains as used cars undergo a sales boom of their own — and all will need...

Retail
Today In Retail: Walmart Offers Last-Mile Capabilities To Rival Retailers; Best Buy Plots National Rollout...
August 24, 2021

In today’s top retail news, Walmart is launching a new delivery-as-a-service (DaaS) platform to help other retailers and merchants with their last-mile transport needs, and Best Buy plans to expand the membership program it has been piloting for a year across all stores and online...

Retail
Smart Carts Bring Data Analytics Into Grocery Aisles
August 24, 2021

The benefits for the consumer of using smart carts are obvious — by offering cashier-free checkout, they remove one of the main pain points of grocery shopping. From Amazon’s Dash Carts at the mega-retailer’s grocery stores and Kroger’s KroGo carts to the Foodstuffs chain’s SmartCarts...

Retail
Walmart Bets On Delivery Network In Latest Expansion Of Third-Party Services
August 24, 2021

Just a week after an earnings report that exemplified Walmart’s omnichannel successes, the company is placing a big bet that its delivery network can outshine other last-mile options available to retailers and merchants, including the delivery services of rival Amazon, as it looks for ways...

Retail
Macy’s Play With Toys R Us Could Be Building Blocks To Digital Marketplace
August 24, 2021

While many industry watchers saw Macy’s partnership with Toys R Us as a category expansion that will help the omnichannel retailer bring more customers online and in-store — which it likely will — the collaboration may also be a big first step toward challenging Amazon,...

Retail
Perfect Corp. Pairs With Avon On AR- And AI-Based Sales
August 24, 2021

Beauty tech solutions provider Perfect Corp. on Tuesday (Aug. 24) announced a partnership with Avon México that will integrate augmented reality (AR) and artificial intelligence (AI) through facial analysis technology in its YouCam Makeup app for more personalized consumer shopping experiences. Get the Full Story...

Retail
Best Buy Reports Record Q2 Results, Plans Nationwide Rollout Of Membership Program
August 24, 2021

Best Buy’s domestic online sales dropped more than 28 percent in the second quarter after a 242 percent jump the previous year, but the company on Tuesday (Aug. 24) reported increases in its enterprise revenue, domestic revenue and international revenue. Get the Full Story Complete...