Best Buy, Ralph Lauren recognized for advancing women | Why Costco is winning over fashion fans | Whole Foods to add Amazon's palm-payment tech in Calif.
Best Buy, Ralph Lauren and Overstock are among the 43 companies named to this year's ParityList, a roster of the best businesses in terms of advancement opportunities for women. Seventy-two percent of the companies reported reaching pay parity, up from 45% last year, and other factors that went into the rankings include whether companies offer flexible working hours and encourage male employees to take family leave.
Stop overpaying for address autocomplete Retailers like Michaels and DICK'S Sporting Goods are switching to Radar for address autocomplete and address validation, saving up to 90%. Radar's address autocomplete APIs are part of Radar Maps Platform, the cost-effective, all-in-one alternative to Google Maps and Mapbox.
Costco might be better known for its oversized packaged goods and deals on electronics, but the warehouse retailer has also been winning fans for its selection of low-priced fashions and apparel, and many take to TikTok and Facebook to tout their finds. Comfy apparel options won over more Costco members during the pandemic and now, as inflation hits more budgets, bargains on brands like Banana Republic, Adidas and Calvin Klein are gaining attention.
More than 65 Whole Foods Markets locations in California will soon adopt palm-recognition technology that lets shoppers pay by placing their hand over a checkout device. The Amazon One system has already been rolled out to select stores in Seattle, Austin, Los Angeles and New York.
Electric vehicle startup Canoo has hired a third party to build delivery vans for Walmart. The retailer has ordered at least 4,500 battery-powered vans from Canoo, and initial deliveries are scheduled to begin in the first quarter.
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Luxury label Ralph Lauren and Capri Holdings, whose portfolio includes Michael Kors and Jimmy Choo, reported strong quarterly sales growth as affluent shoppers kept spending. Younger shoppers with the means to pay full price helped buoy Ralph Lauren's sales, CEO Patrice Louvet said, and Capri CEO John Idol said the company expects strong spending by luxury shoppers to continue.
Public and private sector leaders in Gwinnett County have released plans to convert a Duluth, Ga., shopping center into a mixed-use development. The Gwinnett Place Mall, which served as a set for the filming of the "Stranger Things" show, has ebbed in popularity over the past two decades.
The metaverse will allow retailers to bring the excitement and comfort of the physical shopping experience into the digital world. Consumers will have access to more products and retail can redefine the shopping experience -- bringing opportunities for collaboration and innovation across industries. Martin Gilliard, head of the Meta Store, joins this episode of Retail Gets Real to discuss the utility of its innovations, growing the metaverse and opportunities for the future of retail. Learn more and listen.
The delivery trucks that drop off online purchases might be delivering more than customers ordered. Retailers are working to ensure they also deliver cleaner air and a smaller carbon footprint, meaning the trucks will produce less air pollution and fewer of the greenhouse gases that contribute to climate change. Learn more.
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MTY Food Group, the parent of restaurant concepts including Papa Murphy's and Big Smoke Burger, will acquire BBQ Holdings in a deal valued at about $200 million. BBQ Holdings, whose portfolio includes Famous Dave's and Village Inn, will be delisted from the Nasdaq after the deal closes and become a privately held subsidiary of MTY.
