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“Not surprised”: Experts react to Amazon’s reported department store plan

Inside Retail

More recently, the company’s offline efforts have been in the convenience space, with the launch of its cashierless Amazon Go stores, and grocery, following its acquisition of the upscale US grocery chain Whole Foods in 2017. In April, Amazon opened a hair salon in London. So I’m not surprised by the move,” Facioni told Inside Retail.

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Best Buy Health Partners with Leading Hospital to Support In-Home Care

Retail TouchPoints

Best Buy Health and Mass General Brigham will develop customized systems and capabilities to enhance the experience for Home Hospital patients, and the hospital also will leverage existing Best Buy Health technology and support services , including: Current Health , Best Buy’s care-at-home platform that connects patients to nurses, paramedics, advanced (..)

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5 Things to Know About Amazon’s New ‘Style’ Clothing Stores

Retail TouchPoints

Amazon has announced plans for its first-ever physical fashion store — dubbed Amazon Style — which will feature women’s and men’s apparel, shoes and accessories. In mid-2021 rumors also surfaced of plans for large-footprint department stores , although Amazon hasn’t formally announced anything along these lines.

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

Omnichannel order fulfillment that drives customer experience (and boosts profits). Although the trend towards omnichannel fulfillment is not new, the pandemic changed many retailers’ business models almost overnight, and these changes are not going away. What is omnichannel order fulfillment in retail?

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Amazon Fresh Expands Delivery to Non-Prime Members, Unveils New Store Model

Retail TouchPoints

Amazon’s 2017 acquisition of Whole Foods was seen at the time as the behemoth’s big move into grocery, especially given its $13.7 Additionally, hundreds of Amazon Fresh “zone leads” who manage sections of individual stores were laid off just last week. What’s Next in Amazon’s Grocery Overhaul? billion price tag.

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To Thrive in the New Global Ecommerce Marketplace, Toys ‘R’ Us may Need to Think Small

Retail TouchPoints

In 2017, the U.S. brand management company WHP Global has bought a controlling interest in Tru Kids, which owns the Toys ‘R’ Us brand. In this model, the physical sites would accommodate in-store fulfilment for goods purchased online and could feature location-specific deals and events that would re-engage customers and drive footfall.

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Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers

Retail TouchPoints

Rollup firms are typically able to buy these Amazon businesses at anywhere from 4X to 6X EBITDA, sometimes less, according to Thomson: “As long as you manage to keep the same efficiency that any one of those accounts had when they were a standalone, you can get a 15X to 25X valuation on your company. How Long Can the Gold Rush Last?