Retail TouchPoints

OCTOBER 20, 2020

Off-price retailer Stein Mart , which filed for bankruptcy in August , has hired Hilco Streambank to put the brand’s intellectual property (IP) up for sale. Hilco Streambank will receive a percentage of the proceeds from a potential sale. Depending on who purchases the IP, a sale may allow Stein Mart to come back to life via ecommerce or even brick-and-mortar stores, following the same path as once-defunct retailers Toys ‘R’ Us and Charming Charlie , among others.

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Retail Technology Review

OCTOBER 20, 2020

More than a quarter, (24%) of British SME retailers have reported that all payments made to their business are already contactless as the sector adjusts to the rapid increase in e-commerce and online transactions, accelerated by the pandemic.

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Retail TouchPoints

OCTOBER 20, 2020

David’s Bridal has acquired online wedding resource Rustic Wedding Chic. Maggie Lord, the founder of Rustic Wedding Chic, will join David’s Bridal to lead strategic partnerships, reporting to Chief Marketing and IT Officer Kelly Cook. Earlier this year, David’s Bridal launched a suite of digital planning tools including the Wedding Checklist, a personalized, customizable Wedding Website, and the Vision Board.

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Planning Marketing Shopping ATS 202

Wiser

OCTOBER 20, 2020

Data is essential in retail. Without it, retailers can’t reprice effectively or even understand how they stack up against competitors. But not all data is created equally. Some provide more general information on the overall market, while other datasets are customized based on your specific needs. This topic arose from a number of conversations our team has had over the years.

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Promotions Drop-Shipping Marketing Consumer 97

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Retail TouchPoints

OCTOBER 20, 2020

Tiliter , maker of a solution designed to recognize products without scanning barcodes, raised $7.5 million in a funding round led by Investec Emerging Companies. The proceeds will be used to accelerate Tiliter’s expansion across Europe and the U.S. The solution provider, which specializes in the use of AI, is currently focused on serving the supermarket vertical with a camera-and-software system that can automatically identify items such as fresh produce without the need for packaging or price

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Checkout Supermarket Marketing Shopping 177

Retail TouchPoints

OCTOBER 20, 2020

The 2020 holiday shopping season is anticipated to be remarkably different than any in recent years, especially when it comes to where people are expected to shop — online. With this in mind, delivery, logistics and distribution of inventory need to be top of mind for retailers. If current supply chain trends continue, Salesforce has forecasted that 700 million holiday gifts will likely not arrive on time this year.

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Shipping Promotions Fulfillment Consumer 150

Retail TouchPoints

OCTOBER 20, 2020

FedEx will partner with Happy Returns to offer the solution provider’s in-person return service at more than 2,000 FedEx Office locations. The program, which will let shoppers return ecommerce orders from Happy Returns without a box or label, will launch in Los Angeles and expand across the country by the end of October. Shoppers can visit a retailers’ website or HappyReturns.com to receive the QR code necessary to complete the return.

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Returns Location Shopping ATS 239