Sam's Club is reopening one of its facilities in Massachusetts as a fulfillment center to help with online orders. The center will open for business next week and serve customers from New York City to Maine.
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Jane Elfers has taken Children's Place from a struggling retailer with outdated systems to a leader in children's apparel retail since signing on as CEO in 2010. Elfers moved quickly to update systems, close underperforming stores and partner with Amazon, and earlier this year the company acquired the intellectual property of former rival Gymboree.
French luxury conglomerate Kering, the parent of brands including Gucci and Saint Laurent, will require suppliers of leather, cashmere and other animal products to adhere to stringent European Union animal welfare standards by 2025. "The prerequisite for implementing this will be that we can trace all the way to the farm our animal skins and fibers," Chief Sustainability Officer Marie-Claire Daveu said.
Fort Lauderdale, Fla., entrepreneur Zoya Hajianpour's tool to organize small spaces, dubbed the Easy Box, is one of the newest products selected by Walmart as part of its effort to invest $250 billion more in US-made goods by 2023. The Easy Box, now sold at more than 2,800 Walmart stores nationwide, was one of nearly 600 pitches considered at last year's Open Call competition, and Walmart will hold this year's event in June.
2019 Holiday Planning for Retailers & Brands May 21 — 11am PT/2pm ET
Amazon's online dominance surges during the holidays. Last year, 40 million Americans bought only on Amazon in November & December. How can other brands compete? This webinar will reveal key online trends & planning tactics for the 2019 holiday season. Register here!
Traditional retailers including Macy's, Kohl's and Nordstrom have revamped and enhanced their loyalty programs, tweaking and adding new perks to stay competitive with Amazon and other online rivals. Companies invested an estimated $47 billion to $55 billion on loyalty programs last year, and spending is on track to grow between 2% and 4% annually through the end of next year, according to Beroe, a market intelligence company.
Williams-Sonoma moved some of its furniture manufacturing from China to the US, Vietnam and Indonesia in 2018, amid concerns about a brewing US-China trade war, CEO Laura Alber said. The company, which also owns brands including West Elm and Pottery Barn, opened a Tupelo, Miss., factory in January that makes upholstered furniture.
Brands are experimenting with checkout-free pop-up shops, in partnership with Codabar, an app that lets customers scan and pay for their selected items. The app is debuting this week at a San Francisco pop-up that will feature fashions from 15 retailers.
Cohesion is critical between Google paid search and Shopping in 2019. Each channel plays a valuable role in the acquisition journey. In the 2019 Benchmarks Report: Google Ads in Retail, Sidecar analyzed e-commerce data across hundreds of U.S. retailers to uncover the trends and KPIs driving growth on Google Ads. See the key findings.
The growth game is changing in Google paid search and Google Shopping. While overall spend in both channels increases each year, so does the need for a unified approach to find the white space in Google Ads. In this annual benchmarks report, Sidecar analyzed e-commerce data across hundreds of U.S. retailers to uncover the trends and key performance indicators driving Google paid search and Shopping growth. Explore Key Findings.
A partnership between payments firm Flexa and digital currency company Gemini will allow retailers including Whole Foods Market, Nordstrom and Crate and Barrel to start accepting digital currencies including bitcoin. The retailers will reprogram their existing point-of-sale scanners to recognize Flexa's Spedn cryptocurrency app.
The Brannock Device Co. has been making the tool shoe stores use to measure feet since 1927, 37 years before the birth of Nike. The company is not worried that the sneaker giant's new at-home measuring technology will make it irrelevant, says executive Tim Follett, who points to manufacturing practices as a reason so many people are walking around in the wrong size shoes.
Minnesota's Mall of America hosts more than 400 events annually, has an indoor amusement park and an outdoor skating rink. But is there a point where a super-sized mall loses its shopping credibility even as it attempts to amass entertainment credibility? Jill Renslow, senior vice president of marketing and business development for the mall, discussed the future of "retailtainment" with NRF's STORES magazine. Read more.
Who pays for tariffs on imported goods? The answer isn't the foreign governments targeted by tariffs. It's American companies and consumers. Small businesses are particularly vulnerable, since they don't have the resources and flexibility to quickly switch suppliers. Read about the negative impact of tariffs in firsthand stories from business owners across the country. Read more.
Minnesota-based Famous Dave's is buying franchised units in some markets and encouraging operators in others to upgrade to a new menu and restaurant design. The changes have proven profitable for company-owned units, and Famous Dave's has acquired 10 franchised units in four states this year.