Toys ‘R’ Us announced it is closing nearly 180 stores across the U.S., accounting for one-fifth of its retail footprint, in the wake of filing for bankruptcy protection in late 2017. See what CEO and chairman Dave Brandon had to say about the future of the company.
Amazon launched its first Amazon Go store on the ground floor of a building in its sprawling Seattle headquarters. Shoppers simply walk out of the store after scanners add up the purchases, send them to an app and have it deducted from their account. See what else the disruptive location has in store.
Swiss luxury group Richemont has made a $3.3 billion bid to acquire Yoox Net-a-Porter, in an effort to jump into the ecommerce ring. Richemont currently owns luxury brands IWC, Mont Blanc and Van Cleef & Arpels. Here is a look at the luxury retail market in ecommerce.
The holidays may be over, but the insights from a bustling holiday season is not. This infographic by Workarea takes us back to some of the busiest days of the season.
The holiday season exploded, much like a shot fired from a Red Rider carbine action, 200-shot, range model air rifle, with a compass in the stock and this thing that tells time. Here is a list of predictions from holiday 2017.
The National Retail Federation’s Big Show was buzzing in New York as tens of thousands of attendees celebrated the encouraging growth of 2017 holiday sales, while gazing at next-gen technology offerings that promised greater personalization, engagement and enhanced customer experiences, further melding the physical and digital realms. Here is a snapshot look at some of the latest trends at NRF’s Big Show.
Online brands must respect consumers’ data privacy if they expect to build strong customer relationships, according to a recent study by SAP SE. Here are some other expectations from consumers and how they can impact your brand.
Instacart announced that it has joined forces with Toronto-based Unata, a digital solution platform that will provide Instacart the ecommerce tools it needs to evolve in online grocery shopping. See how Instacart plans to go up against Amazon with this acquisition.
Cincinnati-based grocery chain Kroger has reportedly expressed interest in acquiring online bulk order retail startup Boxed.com, with other major players including Costco, Target and German grocery chain Aldi in the mix as well.
Affluent consumers are becoming more price sensitive when it comes to embracing industry disruptors like artificial intelligence, Amazon and mobile technology to compare prices. See what is driving this trend and what it means for both discount and full-priced retailers.