Featured News
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Target Rolls Out New Virtual View Feature To Bolster Furniture Sales And Challenge Amazon
5/23/2017
Target has unveiled 360 ° Shopping, a virtual experience on its website, that features curated living room looks and the ability to browse some 140 products in a virtual living room designed to help visualize the size, scale and styling of items, according to a company blog post.
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DICK’s Sporting Goods Shakes Up Executive Team
5/22/2017
DICK'S Sporting Goods, Inc. is experiencing a high as it capitalizes on the current turmoil in the sporting goods market. Last year’s bankruptcy of rival Sports Authority helped boost DICK’s sales and position, as it won intellectual property rights and some store leases in its wake. Golfsmith also exited the market last year, giving DICK’s a larger share of the marketplace.
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Rumors Of Total Gander Mountain Liquidation Are False
5/19/2017
New owner says it is liquidating assets at all locations, but only closing some of them.
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Target Launches Test Of Essentials Restock Program
5/18/2017
In the latest move to improve fulfillment and boost customer engagement, Target has announced that it is launched a pilot of Target Restock, a program that allows customers to shop for household essentials online and have them delivered to their home the following day. The pilot will be conducted this summer in the Minneapolis area.
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Walmart Eyes Its Own Version Of The Dash Button
5/17/2017
Walmart published patent for system of connected sensors to monitor product consumption.
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Staples Adds First Chief Information Security Officer
5/16/2017
Brett Whalin joins company as head of global enterprise-wide information, product, and data security.
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Toys ‘R’ Us Commits To Ecommerce With Revamped Website
5/15/2017
Toys ‘R’ Us let its digital initiatives slide at a time when its competitors were recognizing the importance of ecommerce. Now, in a concerted effort to win back the customers it has lost to its rivals, USA Today reports that the toy giant has pledged resources to the creation of a new website and the invigoration of its ecommerce experience. The revamp is just part of a nearly $100 million investment.
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Report Finds Retailers Unequipped For The Demands Of Modern Commerce
5/12/2017
As retailers face growing pressure to facilitate seamless transactions across a variety of touchpoints, they are failing to adequately equip themselves to perform. Despite the growing importance of cross-channel commerce, a new study from 1WorldSync has found that 60 percent of retailers have invested less than 20 percent of their total commerce budget on digital and mobile commerce expansion in the last year.
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Walmart Still Playing Catch-Up With Amazon, According To Marc Lore
5/11/2017
Walmart CEO Marc Lore admits that the retail giant is still playing catch-up with Amazon as it implements its concerted ecommerce initiatives. At the Bloomberg Breakaway Summit in New York, Lore stated, “There are certainly areas where we are playing defense, and we’re behind and need to catch up. One example is the long-tail categories that we’re going after with acquisitions.”
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UPS And Sealed Air Unveil New Packaging Innovation Center
5/10/2017
The fulfillment of the future is at the heart of a new Packaging Innovation Center recently unveiled by UPS and Sealed Air in Louisville, Kentucky near the UPS Air Group’s global headquarters. The new center will address packaging and shipping challenges of ecommerce retailers by maximizing efficiency, minimizing waste, reducing shipping costs, and increasing brand affinity, according to a UPS statement.