Retail: Page 3

Business News

Your Local Walmart Might Look a Lot Different This Week — Here's Why

Walmart is spending $9 billion on upgrades to thousands of stores over the next two years.

Science & Technology

How Retailers Are Using Technology to Transform the Product Returns Process into a Customer-Centric Advantage

As return rates escalate, the implementation of smart returns technology emerges as a vital strategy, offering a seamless, eco-friendly solution that enhances customer satisfaction while reducing costs and fostering a greener retail landscape.

Business News

Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees

Target stated that it "invested heavily" in efforts to combat crime, but it just didn't work.

Growing a Business

10 Ways to Reimagine Retail and Virtual Shopping Since COVID-19

In the post-COVID era, virtual shopping experiences are revolutionizing the retail landscape, merging the efficiency of technology with the personal touch of traditional shopping.

Business News

Retail Theft Forces Nike to Permanently Close Beloved Portland Location

The Portland location had the second-highest rate of shoplifting incidents in the city since 2019.

Business News

America's Largest Private Employer Is Reducing Starting Pay for New Workers. Here's Why — and What It Means for Retail.

Most new hires will now earn the lowest possible hourly wage for their respective store, unlike when they previously had the potential to earn more than other store workers in certain roles.

Business News

Walmart Takes Bold Step to Combat Rising Crime in Retail with In-House Police Station

The move aims to increase security, deter in-store crime, and create a safer shopping environment, the company says.

Business News

Dollar Tree CEO Says 'Elevated' Theft Is Affecting Profit Margins

Executives at Dollar Tree partially attributed the decline in the company's gross profit margin to instances of increased theft across its stores.

Business News

The Surprising Revival of Malls Is About More Than 'Intense Nostalgia' — 3 Factors Are Behind the Resurgence, According to a New Report

Malls experienced an 11% surge in sales last year, reaching $819 billion in 2022.

Marketing

The Rise of Click and Mortar — Why Online Businesses Should Consider Opening a Physical Store

Online native sellers are tapping into omnichannel experiences with pop-ups and brick-and-mortar stores. Should you?

Business News

Stores Across the Country Hit With Wave of Bomb Threats From Scammers Demanding Bitcoin and Gift Cards

Law enforcement officials are investigating the recent threats.

Marketing

Your Website's Success Depends on Collaboration. Here's How to Get It Right (and Make More Sales in Return).

A website's performance depends on a group of passionate, cross-functional champions who can get the right things done fast. Here are three ways I've helped dozens of teams balance competing priorities and get the most out of their most important digital asset.

Business News

Lululemon Stock Surges After Strong Q1 Earnings Report, With Massive Earnings Overseas

The athleisure brand reported net revenue growth of 24% in the first quarter of 2023.

Marketing

This Location-Based Marketing Technique Is the Key to Boosting Retail Sales

Let's take an in-depth look at geofencing marketing and how it's helping retail locations drive foot traffic and boost sales.

Business News

'We Really Changed the Brand': Abercrombie & Fitch's Stock (and Reputation) Is Surging

The retailer's surprising Q1 profit has the stock surging over 30%.