Fri.Nov 04, 2022

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Lowe’s Sells Canadian Business to Sycamore Partners for $400 Million

Retail TouchPoints

Lowe’s has entered into a definitive agreement to sell its Canadian retail business to Sycamore Partners for $400 million in cash plus a performance-based deferred consideration. The business, which is based in Boucherville, Quebec, operates approximately 450 corporate and independent affiliate dealer stores under several different formats and banners, including RONA , Lowe’s Canada , Réno-Dépôt and Dick’s Lumber.

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In the News: Grants With November Deadlines and More From $5,000 to $100K

Small Biz Trends

One of the most important requirements, when you apply for a grant, is observing the deadline. Miss the deadline, and the vast majority if not all grants will not even open your application. And the best way to avoid that is to submit your application as early as possible. With that in mind, there are several grants that have a November deadline. There are also other grants that go beyond November and you also have to observe their deadline to give yourself a better chance at winning these grant

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Nordstrom Partners with Burberry for Latest New Concepts Installation

Retail TouchPoints

Photo by Luis Guillén Burberry and New Concepts@Nordstrom. Photo by Luis Guillén Burberry and New Concepts@Nordstrom. Photo courtesy of Nordstrom. Nordstrom has partnered with Burberry to produce the latest edition of its New Concepts@Nordstrom store-in-store offering with Concept 019: Burberry, which features an exclusive capsule collection. Concept 019: Burberry launched online on Nov. 3, 2022 and will be introduced in stores in December.

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Space Heaters for Your Office or Work Space

Small Biz Trends

As we all struggle with rising energy costs, one way to save during the colder seasons is by using a space heater. Using a portable space heater can potentially save you some money, as you will only be heating your work area instead of a whole building. Space heaters have come a long way in being a safe, reliable, and sometimes cheaper heating alternative.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

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.

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Why Retailers Must Simplify Complex Last-Mile Delivery 

Retail TouchPoints

Today’s retail supply chains have evolved into complex global webs of infrastructure, vehicles and people that move products from raw material to end consumer. And amazingly, the most complicated and costly leg of these extensive logistics networks is the last mile — that final leg of the retail supply chain that physically connects retail brands with consumers.

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Consumer brands hit pause on Twitter ads

Retail Wire

General Mills and Mondolez International are two of a growing list of companies that have hit pause on Twitter advertising as they wait to see what Elon Musk’s ownership will mean for the operation of the social media site.

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More Trending

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Wayfair loses more than a million customers

Retail Wire

More than a million fewer customers purchased products from Wayfair last quarter, a decrease of 22.6 percent year-over-year. The online furniture retailer’s sales fell nine percent during the quarter, which led to a loss of $283 million. “Wayfair’s business isn’t working and it is losing an extensive amount of market share,” said Neil Saunders, an analyst at GlobalData Retail.

Marketing 130
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Tractor Supply Partners with DoorDash to Offer Delivery from Nearly 2,000 Stores

Retail TouchPoints

Rural lifestyle retailer Tractor Supply has added on-demand delivery from nearly 2,000 of its stores across the country in a partnership with DoorDash. Customers using the DoorDash marketplace can now get Tractor Supply offerings in categories including farm and ranch, home improvement and lawn and garden delivered to them. All participating Tractor Supply stores will be available on DashPass, the DoorDash membership program that offers free delivery and reduced service fees on eligible orders f

Wholesale 207
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Inflation will account for holiday dollar sales increases

Retail Wire

The National Retail Federation expects sales during November and December to increase between six and eight percent year-over-year. The forecast, which does not include auto dealers, gas stations or restaurants, is an indication that unit volume will be seen to have decreased once inflation is factored in. NRF CEO Matthew Shay said that consumers are likely to concentrate their spending on necessities.

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Canada Goose Continues U.S. Expansion with Immersive Las Vegas Location

Retail TouchPoints

Gayle Uyagaqi Kabloona, Uvagut, at the Wynn Las Vegas Photo courtesy of Canada Goose. Canada Goose’s Las Vegas Snow Room Photo courtesy of Canada Goose. Canada Goose Las Vegas City Toque Photo courtesy of Canada Goose. Canada Goose Las Vegas Photo courtesy of Canada Goose. Canada Goose will expand its U.S. store roster with the addition of two new permanent locations, in Las Vegas and Denver, in addition to hosting pop-up shops in Aspen, Colo. and the Detroit area.

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Humans + Agents = Rethinking Enterprise Commerce with AI

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

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Amazon Launches Merchant Cash Advance Program for Small Business Sellers

Small Biz Trends

Amazon recently launched a new financing solution for small business sellers in the form of a merchant cash advance. The advance is provided by Parafin, a U.S.-based provider of growth capital for sellers, and lets sellers quickly access capital with transparent and capped rates, no fixed term, no personal guarantee, no credit checks or excessive paperwork, and no late fees.

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NRF forecasts ‘healthy’ holiday sales in the face of economic challenges

Retail Dive

The trade group predicts year-over-year growth of 6% to 8% and said consumers “remain resilient” even while facing inflation.

Consumer 119
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Miller Lite sells Christmas Tree Keg Stand

Retail Wire

Miller Lite’s “fully functioning” limited-edition Christmas Tree Keg Stand is said to be “perfect for keeping your tree fresh and beer cold.” The stand, which costs $49.99, is compatible with Christmas trees up to five feet tall. It weighs up to 150 pounds with lights and ornaments.

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Rothy’s taps Old Navy CMO for chief marketer role as it builds out C-suite

Retail Dive

Jamie Gersch will take on the position while another Gap Inc. veteran, Heather Archibald, joins as chief product and merchandising officer.

Marketing 115
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5 Tips for a Winning Category Management Strategy in 2025

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.

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Simon to close most of its malls on Thankgsiving

Retail Wire

Simon Property Group will close all its malls on Thanksgiving Day except for two in Las Vegas. The largest mall owner in the U.S. previously closed all its malls in 2020 and 2021.

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Zulily leads sales declines at Qurate (again)

Retail Dive

Revenue was down 39% at the struggling e-commerce site, while sales were also down at the company’s flagship television retail banners.

ATS 105
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Starbucks posts better than expected sales as profits are squeezed

Retail Wire

Starbucks reported $8.41 billion in sales for the last quarter, exceeding the $8.32 billion expected by analysts. Higher costs cut into the coffee giant’s profits. Starbucks reported net income of $878 million, down from $1.76 billion a year ago.

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Lowe’s sells Canadian business to Sycamore Partners for $400M

Retail Dive

The unit includes 450 corporate and independent affiliate dealer stores under the banners Rona, Lowe's Canada, Reno-Depot and Dick's Lumber.

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Cut Costs & Complexity: Smarter Fulfillment for Home, Furniture & DIY Brands

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.

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SpartanNash to consolidate grocery banners

Retail Wire

The grocery wholesaler SpartanNash plans to organize its corporate-owned supermarkets under banners that appeal to specific consumer demographics. “We did banner equity studies, and we’ve determined that it is in our best interest, and shareholders’ best interest, to consolidate to four primary banners: Family Fare for our conventional/mass [stores], Supermercado for ethnic, and then our upmarket [stores] will be Martin’s and D&W Fresh Market,” said Masiar Tayebi, chief strategy and informat

Wholesale 100
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Amazon expands freeze in corporate hiring until next year

Retail Dive

The e-commerce giant is tightening its belt further after pausing hiring in its retail operations last month.

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U.S. employers add jobs as labor market remains strong

Retail Wire

U.S. employers added 261,000 jobs in October, higher than the 205,000 expected by economists. Job growth has slowed in recent months, with unemployment currently at 3.7 percent, up from 3.5 percent in September. “We’re seeing a labor market that’s showing signs of cooling down, but still very strong and elevated far above its levels before the pandemic,” said Nick Bunker, director of North American economic research for Indeed.

Marketing 100
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The Weekly Closeout: DSW bets on shoe repair and Under Armour finally addresses athleisure

Retail Dive

Shoppers can drop off their worn shoes at the footwear retailer’s stores. And the athletics brand is broadening its assortment.

ATS 105
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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

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.

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Why B2B Ecommerce Needs a Successful IT Team

Independent Retailer

Ecommerce is critical for any business in order to grow, but in order to continue to expand, you need more than just the basics. In a quest to get a shiny, new ecommerce solution, business leaders often forget to take into account the IT basics. Does the solution align with your tech stack? How much downtime will your website have? Will this solution need to be upgraded frequently?

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Dick’s Sporting Goods creates venture fund for sports startups

Retail Dive

The company said the fund’s initial investments reflect a focus on innovation and customer experience.

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BK Johannessen, Unreal Engine Business Director at Epic Games, to give ISE 2023 Keynote

A1 Retail

BK Johannessen, Unreal Engine Business Director for Broadcast and Live Events at Epic Games, has been confirmed as the keynote speaker at Integrated Systems Europe (ISE), the world-leading AV and systems integration show taking place at Fira Barcelona Gran Via, 31 Jan – 3 Feb 2023. . BK’s keynote, entitled “All Paths Lead to Real-Time”, takes place at 17:15 on Tuesday 31 January in the Conference Suite CC4.1.

ATS 98
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Glossier opens new stores in Philadelphia, Brooklyn

Retail Dive

In 2022 alone, the brand has replaced its founder and former CEO, established a relationship with Sephora and cut its employee headcount twice.

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State of AI in Sales & Marketing 2025

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.

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The return of Black Friday offers huge opportunity for retailers to serve bargain-hungry Brits

A1 Retail

Sitecore data reveals renewed interested in Black Friday as Brits battle cost of living crisis ahead of Christmas. British retailers can expect a busier Black Friday than last year, according to Sitecore’s Holiday Shopping Trends 2022 Report , as almost half (48%) of UK consumers are planning to take part this year. In comparison, just over a third (38%) said they shopped on Black Friday last year, signalling a renewed interest in the event as shoppers worry about how they’ll afford Christmas.

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Globalization's Next Phase

LS Retail

©iStock/coffeekai Globalization is not over. There may be retrenchment in some areas such as critical technologies and reshaping in others such as onshoring or regionalization. But this new globalization is also a unique opportunity to rethink the current framework where we maintain the benefits garnered from an open flow of trade, people, information, and culture.

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How a Faster, More Secure API Gateway Can Create Exceptional Customer Experiences

Mulesoft

Adopting APIs has allowed organizations to create exceptional customer experiences that help businesses meet and exceed their goals. And as API use increases across diverse architectures and business priorities, IT teams need to ensure control and security for those APIs. After all, customer trust is slow to build and quick to lose – and one […].

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Bensons for Beds re-opens eve Sleep’s UK website

365 Retail

Bensons for Beds today (4 November) re-opened evesleep.co.uk less than three weeks after it bought eve Sleep’s brand and intellectual property. As promised in October, eve Sleep is being retained by Bensons as a standalone brand and the website will return from hibernation with all the key eve Sleep mattresses its customers loved. Returning in time for the key trading period, the eve Sleep website includes its six best-selling mattress ranges – the premium, original and lighter available as h

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SEO vs. PPC: Which Strategy Is Best for Your 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.