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+19 +1
Trying to Boost Retail Sales? Here's How Geofencing Can Help.
In this article, we'll take an in-depth look at geofencing marketing and discuss how it's helping retailers increase foot traffic and boost sales.
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+12 +1
Canada's Grocery Code of Conduct one step closer to being implemented
Canada is one step closer to creating a Grocery Code of Conduct in an effort to level the playing field for both producers and grocery stores.
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+17 +1
How Amazon plans to fix its massive returns problem
Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defense in 2021, which was $741 billion.
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+17 +1
Future of retail design
There is a shift happening in retail to move the focus from transactions to experiences and engagement. As the retail experience shifts, so will the designers who shape them. Dr. Jen Schlueter, Dean of Graduate Studies at Columbus College of Art & Design, explores how the industry is rethinking retail along with Rachel Friedman and Faith Huddleston from Tenfold, a design firm that just launched an experimental retail space called Tenspace, and Ed Hofmann, chair of the Master of Professional Studies in Retail Design advisory board at CCAD.
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+17 +1
Tesco opens its first checkout-free store
Tesco has opened its first checkout-free store in central London where people can shop without having to scan a product. The UK's biggest retailer said its branch in High Holborn has been converted to allow customers to shop and pay without using a checkout. The new format, known as GetGo, follows similar stores opened by Amazon.
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+10 +1
Cotton prices just hit a 10-year high. Here's what that means for retailers and consumers
The last time cotton prices were this high, it was July 2011. “In 2011, we needed a prayer meeting,” Levi Strauss Chief Executive Chip Bergh told investors on an earnings call Wednesday.
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+17 +1
Smaller packs, same price: curse of ‘shrinkflation’ hits shoppers’ baskets
Shoppers should watch out for supermarkets and food brands sneaking through price rises by shrinking pack sizes – known as “shrinkflation” – as they wrestle with rising commodity, energy and labour costs, analysts have warned.
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Analysis+16 +1
Mastercard Chip-Card Move to Force EMV at Pump
Fuel retailers need to upgrade before card firm stops issuing swipe cards by 2029.
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+2 +1
Report: Samsung is pressuring LG to also sell Galaxy phones at its stores, not just iPhones
Samsung perceives a threat to its 5G market share if iPhone availability expands to 400+ LG Best Shop locations in South Korea.
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+3 +1
Costco is running out of some cheese. The reason why is complicated
On your next trip to Costco, don't be surprised if you can't find your favorite cheese.
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+15 +1
How to get hybrid shopping right
Curbside delivery isn’t new, but the pandemic helped it take off. Here’s what to expect as it moves forward. .
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+18 +1
Why Walmart's CEO says Americans urgently need another stimulus check
When Walmart CEO Doug McMillon went to the White House last week, he said he gave a clear message: Americans urgently need another round of stimulus checks. Walmart’s stores and websites reflect consumers’ spending patterns, the retail chief said in an interview with CNBC’s Courtney Reagan on “Squawk Alley.”
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+14 +1
Walmart returns guns and ammo to store floors, saying civil unrest was "isolated"
Retailer had yanked firearms off the sales floor as a "precaution" after incidents left several stores damaged.
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+16 +1
U.S. retail sales pop more-than-expected in June
U.S. retail sales increased more than expected in June, but the budding economic recovery is being threatened by a resurgence in new Covid-19 infections and high unemployment.
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+4 +1
Macy's, Lord & Taylor, and more: The history of New York City's holiday windows
TIL: By 1897, holiday window dressing was such a heated enterprise, L. Frank Baum, who wrote the Wizard of Oz and was thereby an authority on all things magical, began publishing “Show Window,” a magazine devoted entirely to holiday window displays.
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+15 +1
A Dollar General analyst complained about store workers getting screwed. He got fired.
Staffers in at least one store were making their own hand sanitizer, and their masks were made of T-shirts.
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+1 +1
Cheap TV deals at Best Buy: 4K TVs starting at $249.99
Big savings from Samsung, LG, Vizio, and more
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+3 +1
Cramer worries that post-coronavirus US could have just three retailers: Amazon, Walmart, Costco
"Can you imagine what it means for this country to just have three retailers?" CNBC's Jim Cramer said.
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+21 +1
What one game show reveals about the American economy
Why have contestants on “The Price is Right” become so much worse at guessing?
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+6 +1
Walmart in talks to sell majority stake in Asda
US retailer also considers flotation after failure of attempted Sainsbury’s merger
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