Saks Fifth Avenue has added booths in its New York City flagship where shoppers can check on their voter registration, register if they haven't already and request an absentee ballot. The booths were created in partnership with nonpartisan organization Vote.org, and the upscale store has also decorated its windows with information on milestones in the history of US voting.
E-commerce giant Amazon led the list of top retail brands on Brand Keys' annual list of 100 brands ranked for customer loyalty. Home Depot, Nike, Trader Joe's and eBay rounded out the top five retailers on the list, which features 19 retail brands.
Amazon's annual Amazon Prime Day sales event, which was postponed from July, could take place on Oct. 13 and 14, according to an internal company email. The company hasn't yet officially announced the new dates, and a spokesperson said shoppers can ask their Alexa devices to keep them up to date on developments.
US-based private-equity group KKR will invest $754 million for a 1.28% stake in India's Reliance Retail Ventures. The retail arm of Reliance Industries operates grocery e-commerce platform JioMart and about 12,000 stores, including supermarkets, fast-fashion outlets and a consumer electronics chain.
Zalando has rolled out a clothing resale platform in Europe with the promise it will curate items and check for product quality. Customers will be able to sell Zalando up to 20 items for resale and choose whether to be paid with store credit or have the amount donated to charity.
Italy-based New Guards Group is a holding company that's taking on traditional luxury fashion conglomerates with a portfolio of eight young brands, including Virgil Abloh's Off-White. "There needed to be new energy in our old system, a way to incubate exciting young brands from exciting new people," said CEO Davide De Giglio, who co-founded the company in 2015.
With returns expected to "skyrocket" this holiday season amid the coronavirus pandemic, retailers can reclaim some of their value, reduce costs and benefit the environment by using returns technology, writes Ken Lim of Optoro. He recommends providing customer portals for online returns and deploying automation to decide where returned items should go.
The market for movie theater popcorn has collapsed due to the coronavirus pandemic, so grower Preferred Popcorn sold 40,000 pounds of its kernels to Misfits Market to be repackaged for home consumption. The type of popcorn is different than that sold in grocery stores.
Home furnishings chain Pottery Barn has begun sending returned fabric items to the Renewal Workshop, which uses liquid carbon dioxide to clean textiles so they can be resold. Pottery Barn hopes to eventually sell the sanitized items, President Marta Benson said.
Boston Dynamics has about 260 Spot robots deployed, with the four-legged robots performing data gathering, remote sensing and other tasks. The company plans to add additional functionality and improved data capabilities to Spot.
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