Retail TouchPoints

MARCH 3, 2021

Walmart will invest $350 billion in U.S. manufacturing over the next 10 years, a move the retailer estimates will support the creation of more than 750,000 new American jobs. The investment builds on a 2013 commitment to invest $250 billion in products made, grown or assembled in the U.S. Walmart has identified six priority categories for investment: textiles ; plastics ; small electrical appliances ; food processing ; pharmaceutical and medical supplies ; and Goods Not For Resale.

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Frank Mayer

MARCH 3, 2021

Frank Mayer and Associates, Inc. teams with PROVISIO to provide solutions for senior living centers. GRAFTON, WI – Frank Mayer and Associates, Inc. has partnered with PROVISIO, a world leader in kiosk software, to offer self-service solutions for the skilled nursing and senior living center markets. Interactive kiosks offer many advantages to different industries, and the senior living sector is no exception.

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Kiosk Customer Experience Management Marketing 52

Retail TouchPoints

MARCH 3, 2021

Paper Source has filed for Chapter 11 bankruptcy and is hoping to sell the business, according to court filings. The retailer has received a stalking horse bid from its current lenders, led by MidCap Financial, that would provide $16.5 million in financing. Paper Source already has begun closing 11 of its underperforming locations but will keep the remaining 147 stores and its ecommerce site open throughout the bankruptcy proceedings.

Planning 299

Planning Finance Accounting Location 299

Hunton Andrews Kurth

MARCH 3, 2021

Signed into law on December 27, 2020, the Trademark Modernization Act of 2020 (TMA) provides amendments to existing federal trademark law that will assist US retailers and other businesses with branding decisions. Congress passed the TMA as part of the COVID-19 relief and government-funding bill. Key TMA amendments include authority for submission of evidence by third parties during trademark examination, procedures to challenge trademarks due to non-use (so-called “deadwood trademarks”), and a

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Consumer 52

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Management

Retail TouchPoints

MARCH 3, 2021

The Michaels Companies (Michaels) and funds managed by affiliates of Apollo Global Management Inc. (Apollo) have entered into a definitive merger agreement through which investment funds managed by affiliates of Apollo will acquire the company. The transaction values Michaels at an equity value of approximately $3.3 billion (for a transaction valued at $5 billion ).

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Management Shopping Marketing ATS 286

Chute Gerdeman

MARCH 3, 2021

The post 3 C-Store Trends Redefining Convenience appeared first on Chute Gerdeman.

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Retail Technology Review

MARCH 3, 2021

PcComponentes, the Spanish ecommerce site for technology products, has launched CitrusAd’s Retail Media platform as the technology provider for its marketplace, providing brands with new opportunities to promote themselves on its websites, whether through sponsored product campaigns, banners or through brand pages.

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Promotions 28

Retail TouchPoints

MARCH 3, 2021

American Eagle (AE) kicked off its spring 2021 Jeans Are Forever campaign with the debut of its AE x Snapchat AR Jeans Guide, featuring a range of fashion denim for men and women. The two multi-URL 3D shoppable jeans lenses will allow users to view different types of 3D AE jeans in augmented reality using the world-facing camera. By virtually twisting or turning each pair of jeans, users can learn about specific fits, washes and unique details, as well as get styling tips and click to purchase.

Social Commerce 264

Social Commerce Checkout Fashion Location 264

Retail TouchPoints

MARCH 3, 2021

The Planning and Visual Education Partnership (PAVE) has awarded Ielyzaveta Ignatyeva from the Fashion Institute of Technology (FIT) as the 2020 Bergmeyer Scholarship recipient. The scholarship recognizes and supports leadership potential in the Interior Design, Architecture and Graphic Design program through a $1,500 award and an opportunity to take part in an immersive virtual learning experience with designers at Bergmeyer.

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Visual Merchandising Fashion Planning ATS 264

Retail TouchPoints

MARCH 3, 2021

Target will build off its 2020 momentum by investing $4 billion annually in new store openings, remodels for existing stores and supply chain upgrades over the next several years, the retailer announced during an earnings call. The figure represents a substantial increase from the $2.65 billion invested in operations during 2020. “With all these options to generate profitable growth, we’re in a position to play offense and lean into the opportunity to build on last year’s momentum,” said Michael

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Fulfillment Planning Shopping Location 253

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

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Customer Experience

Retail TouchPoints

MARCH 3, 2021

Since on-demand manufacturing emerged about a decade ago, it has been gradually picking up steam. Driven by the explosive growth of ecommerce and shifting consumer preferences, on-demand, also known as cloud manufacturing, is now poised to revolutionize the supply chain industry. The on-demand manufacturing market is expected to reach approximately $112 billion by 2024, growing at an astounding 19.8% annually.

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Finance Apparel Accounting Consumer 223

Retail TouchPoints

MARCH 3, 2021

Online grocery platform Instacart has raised $265 million in new funding, increasing its valuation to $39 billion. Instacart will use the money to increase its corporate headcount by 50% in 2021, as well as further investing in several key areas including: Instacart Marketplace , which connects customers and retailers; Instacart Advertising , which enables CPG companies to reach customers shopping online; and Instacart Enterprise , which offers end-to-end ecommerce solutions for retailers.

Beauty and Health 161

Beauty and Health Finance Advertising Management 161