Multichannel Retail
Top stories summarized by our editors
10/12/2018

Tamara Mellon discovered Jimmy Choo Yeang Keat and helped him turn his solo shoemaking shop into an iconic luxury footwear brand, and now she aims to drive more change with her namesake brand. Instead of seasonal collections, the direct-to-consumer online retailer debuts up to six new styles monthly from a 25-person design team.

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CNBC
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Tamara Mellon
10/12/2018

China's Alibaba Group will combine its Ele.me food-delivery service with its Koubei food-and-lifestyle unit, creating a local service company as competition heats up with Meituan-Dianping. Alibaba acquired Ele.me for $9.5 billion earlier this year.

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Alibaba
10/12/2018

The US Postal Service is requesting an increase of 9% to 12% on its parcel select service, which is used by Amazon, UPS and FedEx for the last leg of package delivery. The USPS has also proposed increases on other priority mail services, along with a 10 percent rise in the price of first-class stamps.

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CNBC
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US Postal Service, FedEx, Amazon
10/12/2018

Amazon has used robotics to automate functions in its warehouse, but it still relies on humans to pick up each item and put them in the areas to be shipped. Now, the company is exploring robotic technology that could eventually replace human pickers, sources said.

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Fast Company online
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Amazon
10/12/2018

Los Angeles mall developer Rick Caruso grew up around the city's Farmer's Market, and his early lessons on attention to detail and giving shoppers things they won't find anywhere else have driven his career. One of his malls, The Grove, drew 20 million visitors in 2017, and there is a three-year waiting list for new retail space.

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Forbes
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Rick Caruso
10/12/2018

The exit of Sears stores would be a positive thing for high-traffic malls while creating new challenges for struggling shopping centers, commercial real estate experts say. Popular malls that negotiated low-priced leases with Sears long ago would now have opportunities to sign new tenants at higher rates, but less-trafficked malls could find it hard to attract new stores.

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Sears, Sears
10/12/2018

Shopify has opened its first brick-and-mortar showroom in Los Angeles to demonstrate its new hardware and services. The Toronto-based company provides logistics and payment services and software to merchants of all sizes.

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TechCrunch
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Shopify
10/12/2018

Walmart will spend $175 million to improve its stores in Canada and make other improvements to further integrate in-store and online sales, the company said. The retailer will renovate 23 of its more than 400 Canadian stores by early next year, as well as create new store spaces and parking lots to accommodate online shoppers.

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Canadian Grocer
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Walmart
10/12/2018

India's e-commerce companies, led by Amazon India and Flipkart, booked an estimated $1.5 billion in sales in less than three days of the five-day festive sales event, according to RedSeer Consulting. Top sales categories included mobile phones, appliances and apparel.

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Amazon India, Amazon, Flipkart
10/12/2018

As the role of business in society continues to evolve, CEOs and industry leaders are being called on to address tough issues like diversity and inclusion. In a keynote panel discussion at NRF 2019: Retail's Big Show in New York City, IKEA's Lars Petersson and Procter & Gamble's Carolyn Tastad will join PricewaterhouseCoopers Chief Purpose Officer Shannon Schuyler to explore how companies are responding to and advancing real-time diversity and inclusion challenges. Learn more.

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nrfbigshow.nrf.com