Neiman Marcus is looking forward to emerging from bankruptcy reorganization with new owners, a lighter debt load and a plan to rebalance staffing levels while moving forward as a leader in luxury retail. The retailer aims to enhance digital features to appeal to high-value customers, win over younger consumers and continue working with brands to put in-demand items into stores more quickly, CEO Geoffroy van Raemdonck says.
Hudson's Bay Company's holiday campaign will feature Annie Murphy and Catherine O'Hara, two of the stars of the Emmy-winning TV show "Schitt's Creek." The campaign is set to begin Nov. 2 with digital content on the Toronto-based department store's website and social media channels as well as TV spots.
Two locations across the country from each other -- near Seattle and outside Washington, D.C. -- could be among the latest sites for Amazon Fresh brick-and-mortar grocery stores. Amazon hasn't confirmed anything, but reports say a former Safeway site in Bellevue, Wash., is being revamped in signature Amazon architecture; while in Gaithersburg, Md., it appears the retailer will "soon" be taking over a 31,000-square-foot location that formerly housed an Office Depot.
Walmart's multibillion-dollar investment in TikTok could give the retailer direct access to customers who use the app to watch and create videos, a move some industry experts say could ultimately "redefine retail," Michael Corkery writes. He notes that Walmart, which in recent weeks has rolled out the Walmart+ subscription service, shuffled its management structure and launched three separate drone delivery pilot programs, could also leverage TikTok to "embed advertisements in the user-generated videos with links to the Walmart website."
Two decades of growth have vaulted J.M. Smucker from a well-known jam and jelly maker into a $7 billion CPG company with a portfolio that includes coffee, pet products and snacks. Now, the Ohio-based
firm is rolling out a rebrand with a new logo and revamped brand identity system, which President and CEO Mark Smucker says will boost its "category expertise with customers and suppliers and create greater awareness of the value we bring to our partners."
Giant Eagle will deploy Radius Networks' FlyBuy Pickup technology to improve the quality and speed of its contactless curbside pickup service. The machine-learning technology will be embedded in the Giant Eagle mobile app, helping to predict curbside customers' arrival and allowing employees to prioritize orders and reduce wait times, among other benefits.
The nonprofit Coalition for App Fairness has united a number of companies, including Spotify, Epic Games, Basecamp and Blix, in a battle against Apple over its App Store fees and related issues. The group hopes to bring in more members and is pushing for legal changes that would "create a level playing field for app businesses and give people freedom of choice on their devices."
Target has moved to an omnichannel fulfillment system focused on stores by creating "one inventory," Chief Supply Chain and Logistics Officer Arthur Valdez Jr. said Tuesday during the Council of Supply Chain Management Professionals' annual conference. Unified inventory was an "unlocking moment" that resulted in new priorities and practices for the entire supply chain, he said.
Party City will open just 25 Halloween pop-up shops in the US this year, about 90% fewer than it operated last year, but the retailer still plans to hire about 20,000 seasonal employees to help handle pickup orders, the company said. More than 50% of US adults expect to celebrate Halloween this year, but fewer than last year plan to trick-or-treat or attend parties amid the pandemic, according to an NRF survey.
Amazon has created the Climate Pledge Friendly label, which will appear next to listings for products that meet at least one of the company's 19 standards for sustainability. The label launched for about 25,000 product listings, including those that are part of an Amazon program to reduce packaging waste.
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