Retail

Retail News

March 11, 2024

March 11th 2024

Walmart piloted an RFID receipt check. It didn’t work out.

The retailer confirmed it has ended a recent test of the checkout technology at a Neighborhood Market store in Bentonville, Arkansas.

Retail News

March 11, 2024

March 11th 2024

Lowe’s plans seasonal inventory with AI

Lowe’s Companies Inc. is partnering with a consulting firm and a provider of AI-based merchandising technology to enhance inventory planning.

Retail News

March 11, 2024

March 11th 2024

Product innovation meets tech innovation with the launch of Reese’s Caramel Big Cup

Hershey’s Retail Team is using augmented reality to help retail partners visualize merchandise displays in their stores.

Retail News

March 9, 2024

March 8th 2024

Best Buy’s suppliers help defray costs in choppy electronics market

The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.

Retail News

March 9, 2024

March 8th 2024

Indoor, open-air malls rebound in February; outlets continue to struggle

Placer.ai’s latest mall data shows that outlet malls are trailing far behind the segment’s pre-COVID baseline.

Retail News

March 8, 2024

March 8th 2024

American Eagle has ‘refocused’ logistics arm amid third-party business woes

The retailer faced $98.3 million in impairment and restructuring charges from Quiet Platforms in Q4 as it adjusted to reduced e-commerce fulfillment demand.

Retail News

March 8, 2024

March 8th 2024

Walmart led grocery dollar share in 2023, followed by...

Walmart captured nearly a quarter of total grocery spending in 2023, keeping its top spot among retailers.

Retail News

March 8, 2024

March 8th 2024

New York Stock Exchange moves to delist apparel retailer Express

Concerns about the company’s long-term financial health have continued to surface over the last year.

Retail News

March 8, 2024

March 8th 2024

The Weekly Closeout: BowFlex files for Chapter 11, Public Lands partners with Saucony

The at-home fitness company has a $37.5 million buyout offer, and the Dick’s Sporting Goods banner teamed up with the footwear brand on running shoes.