Retail TouchPoints

NOVEMBER 18, 2020

South American food retailer Grupo Éxito has renewed its DemandTec Price Optimization subscription. The solution helps Grupo Éxito identify shopper behavior trends in order to generate the right price recommendations and improve its assortment by defining product roles by zone and division. “Our multi-year relationship with DemandTec exemplifies how science-based optimization enables us to deliver prices that are more relevant for customers,” said Jorge Vallejot, Technology Director at Grupo Éxi

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Promotions Advertising ATS 299

Retail Adventures

NOVEMBER 18, 2020

Click HERE or on the photo above to watch the video. Our Retail Adventures podcast becomes an international meeting of the minds when Rich, Georganne and Jason are joined by Ian Scott (UK), and Jeremey Sea (Singapore) to talk about all things retail. The conversation includes a global view on COVID-19 and the second wave of lockdowns, Holiday 2020 and what's happening at retail right now, Amazon's pharmacy launch and its continued quest for total world domination, what retailers are doing to int

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ATS 52

Retail TouchPoints

NOVEMBER 18, 2020

The COVID-19 pandemic changed consumer behavior patterns seemingly overnight. Knowing this, in preparation for the make-it-or-break-it holiday shopping season, brick-and-mortar stores must evolve and adjust their strategies in completely new ways. But while catering to the new needs and wants of today’s COVID-era consumer, businesses would do well to remember the adage: “Don’t throw the baby out with the bathwater.

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Location Customer Retention Shopping Consumer 253

Retail Technology Review

NOVEMBER 18, 2020

Several hundred million mail parcels destined for the US will be rejected when the requirement for a higher threshold of advance electronic data comes into force on 1 January 2021.

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Management

Retail TouchPoints

NOVEMBER 18, 2020

Mall operator Simon is launching a program that will allow consumers to quickly drop off returns from approximately two dozen brands at participating locations. Simon has partnered with Narvar to offer the carrier-agnostic service. Consumers who are in close proximity to a participating Simon property will see the return option in the online returns portal powered by Narvar for its participating retailers.

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Retail Technology Review

NOVEMBER 18, 2020

TrueCommerce, a global provider of trading partner connectivity and integration solutions, has acquired B2BGateway, a global provider of managed cloud service solutions for Electronic Data Interchange (EDI) and API data connectivity to suppliers, manufacturers, and retailers.

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Management 28

Retail Technology Review

NOVEMBER 18, 2020

An executive at one of the UK’s largest multi-modal logistics platforms has warned that a surge in online demand for goods this Christmas as a result of the pandemic will test supply chains to the limit in the lead up to the festive period.

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ATS 28

Retail TouchPoints

NOVEMBER 18, 2020

Taking advantage of the surge in online grocery generated by COVID-19, Farmstead plans to bring its dark store fulfillment model to a third market: Raleigh-Durham, N.C. The expansion will be fueled by a $7.9 million funding round that brings total investment in the company to $14.5 million. Farmstead began in the San Francisco Bay area and announced plans in September 2019 to expand into the Carolinas.

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Retail TouchPoints

NOVEMBER 18, 2020

The TJX Companies Inc. exceeded Wall Street’s expectations in Q3 , fueled by strong growth in its HomeGoods division, which generated 15% comp-store sales growth. “At HomeGoods, we delivered another quarter of double-digit open-only comp store sales growth,” said Ernie Herrman, CEO and President of TJX in its earnings release. “To both leverage our strength in the home category and capitalize on our market share growth opportunities, we are pleased to share that we plan to roll out ecommerce on

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Retail TouchPoints

NOVEMBER 18, 2020

The Home Depot will purchase HD Supply Holdings , a national distributor of maintenance, repair and operations (MRO) products, in a deal valued at $8 billion. The retailer plans to fund the transaction with cash on hand and debt, and expects it to be completed by Jan. 31, 2021. “The MRO customer is highly valued by The Home Depot, and this acquisition will position the company to accelerate sales growth by better serving both existing and new customers in a highly fragmented $55 billion. marketp

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Planning ATS Fulfillment 164

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

Customer Experience

Retail TouchPoints

NOVEMBER 18, 2020

Group Nine Media has launched a mobile commerce solution dubbed “Swipe.Shop” that will feature more than 80 bespoke digital storefronts and spotlight products/gifts for the holiday season. The mobile shopping experience will offer 50% of its products from small business owners, with 15% of all shelf space reserved for Black-owned businesses. The mobile storefronts will be curated from editors across the five Group Nine brands ( The Dodo , NowThis , POPSUGAR , Thrillist and Seeker ), and they wil

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Retail TouchPoints

NOVEMBER 18, 2020

Shopify has partnered with Alipay for a program that will let Shopify retailers seamlessly accept payments through Alipay from more than 1 billion active users in China — with plans to add hundreds of million more users across Asia. The new dedicated Alipay payment gateway seeks to reduce friction and create opportunities for retailers seeking to tap the Chinese market.

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Merchant Services Payment Services Consumer Planning 157