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News


BUILD-A-BEAR TRANSFORMS IN-STORE CUSTOMER ENGAGEMENT

Build-A-Bear Workshop Inc. is focusing on the end-to-end store experience.
REAL ESTATE


THE GROVE’S RICK CARUSO: ‘WE’RE IN THE BUSINESS OF ENRICHING LIVES’

The noted developer tells Pete Nordstrom that his lack of real estate experience
helped him discover a new purpose for retail-based centers.
News


HOLIDAY SALES HIT NEW RECORD — SO DO FULL-YEAR SALES

Despite inflation and high interest rates, consumers ramped up their spending in
December, helping to end the holiday season and full year on an upbeat note.
News


AMAZON OFFERS MOBILE AI-BASED SHOPPING AID

Amazon is providing artificial intelligence (AI)-based answers to customer
queries on its shopping app.
News


IKEA U.S. EXPANDING NEW FORMAT IN 2024 ON HEELS OF RECORD YEAR

Ikea U.S. is growing its newest store format across the United States.



HOW TECHNOLOGY CAN TRANSFORM YOUR RETAIL BUSINESS

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innovations shaping retail.

Check out Episode 3



 * RED SEA CONFLICT POINTS TO NEED FOR REWIRING OF SUPPLY CHAINS — AND MORE
   
   The Red Sea crisis is yet another indication that supply chain localization
   and regionalization are very much needed, according to Kearney's Balika
   Sonthalia.


 * NAUTICA ENHANCES OMNICHANNEL ORDER MANAGEMENT
   
   Nautica is the first retailer to leverage a combined Shopify-Manhattan
   Associates unified omnichannel order management solution.


 * UBER TO SHUTTER DRIZLY LIQUOR DELIVERY SERVICE
   
   Uber is pulling the plug on a Boston-based alcohol delivery platform it
   purchased for $1.1 billion.


 * JIMMY JOHN'S PLOTS CANADIAN, LATIN AMERICAN EXPANSION
   
   Jimmy John’s parent company is expanding the “freaky fast” sandwich chain’s
   reach internationally.


 * NRF 2024: AI ISN’T PLUMBING, BUT IT’S UNIVERSAL
   
   There was one dominant topic of conversation at the NRF 2024 “Big Show,” and
   it wasn’t the cold, snowy weather.


 * MARCO'S TO OPEN ITS 1,200TH STORE
   
   Ohio-based pizza chain Marco’s Pizza has reached a new expansion milestone.


 * RESTAURANTS BULLISH ON EXPANSION IN 2024
   
   Despite economic uncertainty and high interest rates, 2024 is looking like a
   year of growth for full-service restaurants.


 * BRAND FINANCE: APPLE IS WORLD’S MOST VALUABLE BRAND
   
   U.S. companies dominated the upper tier of an annual ranking of the world’s
   top 500 most valuable and strongest global brands.


 * COSTCO REPORTEDLY TESTING MEMBERSHIP ID CARD SCANNERS AT STORE ENTRIES
   
   Costco Wholesale Corp. is reportedly testing a new way to keep non-members
   out its stores.


TRENDING


 * CHRISTMAS TREE SHOPS CLOSING ALL STORES — HERE’S THE LIST


 * GAP INC. TAPS TOY EXECUTIVE AS ITS NEXT CEO


 * LIDL ADDING ANOTHER STORE TO ITS GROWING NYC FOOTPRINT


 * DOLLAR GENERAL PUTTING ‘FOOD FIRST” WITH EXPANSION OF PRIVATE LABEL


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 * TECHNOLOGY
   
    * Study: In-store grocery shopping trumps online; self-checkout gains steam
    * Mid-market retailers optimistic about growth in 2024
    * JCPenney boosts employee retention with mobile app
    * What do retailers want in an enterprise e-commerce platform?


 * STORE SPACES
   
    * First Look: Casper debuts new store concept
    * Captain D's headed to Toronto area
    * Freddy's aims for 800 restaurants by 2026
    * REI to open 10 stores in 2024


 * FINANCE
   
    * Proposed Kroger, Albertsons merger delayed
    * Burger King owner makes $1 billion cash acquisition
    * eBay settles cyberstalking charges for $3 million
    * Study: Retail tech investments will rise 10% in 2024


 * REAL ESTATE
   
    * More Rite Aid store leases are coming up for sale
    * Mall of America raises $1.5 million for charity during the holidays
    * Sparse space, high rents will continue to plague retailers in 2024
    * Batteries Plus hits record growth in 2023


 * RETAIL INSIGHTS
   
   
    * 1/17/2024
      
      
      NRF 2024: AI ISN’T PLUMBING, BUT IT’S UNIVERSAL
      
      There was one dominant topic of conversation at the NRF 2024 “Big Show,”
      and it wasn’t the cold, snowy weather.
      Dan Berthiaume
      Senior Editor, Technology
      
    * 1/9/2024
      
      
      THREE RETAIL TECH TRENDS TO WATCH AT NRF 2024
      
      The NRF 2024 “Big Show” will give a good indication of how key retail
      technology solutions are evolving.
      Dan Berthiaume
      Senior Editor, Technology
      


 * EXPERT VIEWPOINTS
   
   
    * 1/12/2024
      
      
      HOW RETAILERS WILL MEET CHALLENGES WITH TECHNOLOGY IN 2024
      
      Retail has experienced an uneven recovery, with some segments and markets
      finding new opportunities and others floundering in the post-shutdown
      environment.
      Katie Riddle
      Global Retail Strategy Lead, Verizon
      
    * 1/4/2024
      
      
      FOUR TRENDS THAT WILL IMPACT RETAIL IN 2024
      
      Coveo's Andrea Polonioli details the four trends the retail industry can
      expect to see this year.
      

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