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Peloton made changes to its pricing structure as the on-demand fitness class and home-equipment company raised pricing for its All-Access membership. Beginning June 1, 2022, Peloton’s monthly North America All-Access membership fee will increase to $44 from $39 in the U.S. and $55 from $49 in Canada. Pricing for international memberships in other areas of the world will not change.
Rite Aid plans to close 145 “unprofitable stores” as it seeks to bring its cost in line with revenues. The drugstore chain reported a loss of $7.18 per share even as sales improved 2.5 percent on a year-over-year basis. The retailer operates more than 2,400 stores across 17 states.
Kohl’s has reportedly received a $9 billion takeover offer from Franchise Group , the parent company of The Vitamin Shoppe and Buddy’s Home Furnishings , three people familiar with the matter told Reuters. The offer values Kohl’s at $69 per share, slightly lower than the $70 per share Hudson’s Bay Co. said it is willing to pay but still well above Kohl’s April 11 share price of $57.24.
Part 1 of the 2-part Cisco DNA Center Planning and Adoption. My goal for this series is to help you get started with Cisco DNA Center and get the most out of your investment. I am going to sell you on why you want or need Cisco DNA Center because if you are reading this, it is because you are ready to get started but have some questions or concerns about what the heck Cisco DNA Center does.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
The COVID-19 pandemic exacerbated the many issues affecting brick-and-mortar stores: retailers large and small closed a record-breaking 12,200 stores in the U.S. in 2020. But not everybody lost. The clear winners in retail were organizations that had invested in new ways to interact with their customers, finding new ways to personalize the shopper’s experience across every touch point.
Amazon.com CEO Andy Jassy sees an opportunity for non-fungible tokens to be sold on his company’s online platform, but accepting cryptocurrency as payment will take longer.
FreshDirect employees have reportedly become the latest retail workers to unionize after they ratified a collective bargaining agreement with the United Food and Commercial Workers (UFCW), according to Supermarket News. Approximately 1,800 employees will be represented by UFCW Local 342. The FreshDirect workers include butchers, fish cutters, deli slicers and online order pickers across three NYC locations in the Bronx, Brooklyn and Manhattan.
FreshDirect employees have reportedly become the latest retail workers to unionize after they ratified a collective bargaining agreement with the United Food and Commercial Workers (UFCW), according to Supermarket News. Approximately 1,800 employees will be represented by UFCW Local 342. The FreshDirect workers include butchers, fish cutters, deli slicers and online order pickers across three NYC locations in the Bronx, Brooklyn and Manhattan.
Gopuff is looking to prove that rapid delivery companies can be profitable, but needs more time. The company has sought to raise $1 billion in debt, laid off about three percent of its workforce and pushed back its initial public offering as it seeks to stabilize its business going forward.
Talk about a bright idea. A team of scientists has used GPU-accelerated deep learning to show how color can be brought to night-vision systems. . In a paper published this week in the journal PLOS One , a team of researchers at the University of California, Irvine led by Professor Pierre Baldi and Dr. Andrew Browne , describes how they reconstructed color images of photos of faces using an infrared camera. .
Green and beige checkerboard flooring, deli props and tomato red hues feature in this marijuana dispensary in Toronto , designed by Superette 's in-house design team. Named The Annex after its location within the Annex neighbourhood of Toronto, the latest marijuana store by Superette is a 500-square-foot cannabis dispensary-cum-hangout space for local young adults.
Digital transformation has upended the rules of the game. Your customers’ environments are becoming even more complex, with more connected people and devices in more places. Research shows that the global digital transformation market was valued at $374.8 billion in 2020 and is expected to reach $889.8 billion by 2028. The competition is intense, and we need to prepare our customers for the future.
AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
Gil Makleff and Artem Koren are developing AI for meeting transcripts, creating time-savers like shareable highlights of the text that is often TL;DR (too long; didn’t read). The Sembly founders conceived the idea after years of working in enterprise operational consulting at UMT Consulting Group, which was acquired by Ernst & Young. “We had an intuition that if AI were applied to those operational conversations and able to make sense of them, the value gains to enterprises could be enormous
Wind power represented 19 percent of U.S. electrical energy on March 29, according to the U.S. Energy Information Administration. Only natural gas, 31 percent, accounted for a higher percentage of electrical power.
Digital transformation initiatives have dramatically accelerated during the worst of the COVID-19 pandemic. Business leaders raced to buy new technology to transition to a work from home model. Ways automation revolutionizes how we work As the economy and international travel have begun to come back to life, business leaders must adopt the technology they’ve already […].
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Job security is at levels not seen since the 1960s as the number of people laid off from their jobs currently stands at 1.1 per 1,000 people. “Right now, Americans are experiencing the highest level of job security on record by many measures,” said Aaron Sojourner, an economist at the University of Minnesota.
Texas Gov. Greg Abbott’s (R) requirement that all trucks from Mexico be inspected has slowed delivery of produce and other items to American stores and consumers. The cost to businesses has yet to be tallied but is expected to be in the millions. “This has directly impacted our business since late last week. We would typically be receiving 10 to 12 loads of watermelon per day from Mexico, as well as different kinds of herbs and greens,” said Bret Erickson, senior vice president of bu
Non-alcoholic beverages have been on the rise over the last couple of years, no longer exclusively for pregnant women or designated drivers, and are set to be huge in 2022. As we look forward to those summer months, non-alcoholic drinks are expected to increase in sales amongst consumers but what makes them so appealing? Here, Steph Buttery, drinks industry expert and founder of Chu Lo, talks about the growing ‘low and no’ sector and why consumers are demanding even more.
Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
Andy Jassy’s first letter as CEO of Amazon.com has gone public and he maintains that critics of the company’s safety record fail to understand its injury rates, which are on par with industry peers overall. Amazon’s warehouse worker injury rate is in fact higher than its peers — 6.4 versus 5.5 — but lower than other courier and delivery services — 7.6 versus 9.1.
This week, we feature an article by Manpreet Chawla, senior digital marketing specialist at Knowmax , a knowledge base management solution for enterprises looking to provide exceptional customer experience to their customers via enhanced agent satisfaction. He shares how to create excellent customer experiences at every stage of the customer journey.
The ribbon has been cut on a revamped Central England Co-op store in Northamptonshire which has been transformed with a major investment to create a more modern and sustainable food store for the local community.
Midlothian, Va. — Cushman & Wakefield | Thalhimer has arranged the sale of 11251 Hull Street Road, a 6,400-square-foot freestanding retail building in Midlothian, about 15 miles from downtown Richmond. James Ashby IV of Cushman & Wakefield | Thalhimer represented… The post Cushman & Wakefield | Thalhimer Arranges $2.1 Million Sale of Retail Building in Metro Richmond appeared first on Shopping Center Business.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Torrance, Calif. — Anchor Point Capital has arranged the sale of Pacific Plaza, a multi-tenant retail center located at 2382, 2390 and 2396 Crenshaw Blvd. in Torrance, about 15 miles from Long Beach. A private family fund acquired the property… The post Anchor Point Capital Negotiates $16.9 Million Sale of Pacific Plaza Shopping Center in Metro Long Beach appeared first on Shopping Center Business.
Maplewood, Minn. — Arizona Partners has acquired Birch Run Station in Maplewood, about 14 miles from Minneapolis. The 279,343-square-foot shopping center is home to tenants such as Burlington, Jo-Ann and Dollar Tree. CBRE represented the seller, Voya Investment Management, in… The post Arizona Partners Acquires 279,343-Square-Foot Shopping Center in Suburban Minneapolis appeared first on Shopping Center Business.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
HOOHAA, is a new shopping experience helping consumers who require a more current and inclusive approach to fragrance seek out and enjoy niche fragrances; that may ordinarily be left undiscovered. The mainstream fragrance market is noisy and crowded, while a vast amount of independent fragrance producers find it near impossible to cut through with consumers at all.
Broomall, Pa. — Federal Realty Investment Trust is underway on the second phase of the redevelopment of Lawrence Park Shopping Center, a 374,000-square-foot retail and dining destination located in the northwestern Philadelphia suburb of Broomall. The project carries a total… The post Federal Realty Underway on Redevelopment of 374,000-Square-Foot Shopping Center in Metro Philadelphia appeared first on Shopping Center Business.
Clermont, Fla. — Continental Realty Corp. has sold Glenbrook Commons, a 64,707-square-foot shopping center in Clermont, about 34 miles from Orlando. Brad Peterson, Whitaker Leonhardt and Tommy Isola of JLL represented the seller in the transaction. CrossMarc Services acquired the… The post Continental Realty Sells Shopping Center in Metro Orlando for $9.4 Million appeared first on Shopping Center Business.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
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