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How the Metaverse can Benefit Physical Retail Stores

Retail TouchPoints

Additionally, by fusing the computing capability of the metaverse into the physical world, store managers can capture the experiences from any physical interaction and make intelligent, data-driven decisions by analyzing building data, managing inventory, predicting and intercepting equipment and much more.

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Bob Miller joins board at Save Mart Cos.

Mass Relators

. — Supermarket industry veteran Robert (Bob) Miller has been named to the board of directors at The Save Mart Companies, a California -based grocer that operates approximately 200 Save Mart, Lucky California, and FoodMaxx stores in the California Central Valley, Bay Area, and Northern Nevada. appeared first on MMR: Mass Market Retailers.

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Prada hires former Luxottica chief Andrea Guerra as new CEO

Inside Retail

Italian fashion group Prada confirmed on Tuesday that it would name former Luxottica chief Andrea Guerra as its new chief executive officer to ease a transition at the helm to the next generation of the founding family. Guerra, 57, will be recommended as the new CEO at a board meeting to be held on Jan.26

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Aiwa brand up for auction, its parent bankrupt

Inside Retail

Hilco Streambank, a specialist in monetising intellectual property assets and distressed brands, said it had been retained to manage the sale, subject to bankruptcy court approval. At its peak, it achieved sales of more than $2 billion annual revenue. Bids are being taken until October 4.

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Retail Adventures New Orleans Store Tour at Creativation by NAMTA

Retail Adventures

Our time at this year’s Creativation by NAMTA included a retail store tour, one of our favorite things to do. He looked at her and said, “I know you!” Magnifying glasses came in handy for looking closely at the embroidered designs. At every visit we buy something from items this table. Let the tour begin!

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Target Names First Chief Growth Officer, Announces Series of C-Level Promotions

Retail TouchPoints

At the core of Target’s success is the most talented team in retail,” said Brian Cornell, Chairman and CEO of Target in a statement. “The Hennington joined Target in 2003, and was instrumental in modernizing the retailer’s merchandising organization by blending its physical and digital buying functions.

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Trillions in revenue and a million jobs: Unpacking JD.com’s 20-year roadmap

Inside Retail

The business got its first big break in 2003, during the SARS outbreak, when Liu saw an opportunity to capitalise on the burgeoning e-commerce sector and began selling products online to customers who were eager to avoid public spaces. JD.com also aims to contribute RMB 100 billion in taxes and create over 1 million jobs.