Latest Retail Insight, News, Information & Articles from all top sources for the Internet.

In this episode of Total Retail Tech Insights, Editor-in-Chief Joe Keenan interview Sanjeev Sularia, CEO and founder of Intelligence Node, a real-time retail intelligence platform that empowers businesses to drive product-level profitability and grow margins using data-driven competitive insights. Listen in as Sularia shares his advice for retailers looking to thrive in this new era of […] from Total Retail https://ift.tt/36uXMAP via IFTTT

In its fourth annual ranking of 100 leading retailers and brands based on their omnichannel capabilities — i.e., programs offered and the execution of those programs — Total Retail, in conjunction with Orckestra, an omnichannel commerce platform provider that unifies retailers’ e-commerce software, mobile commerce, and retail stores, reveals the industry leaders at the forefront […] from Total Retail https://ift.tt/2IleIlr via IFTTT

In episode 272 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Zach Freeze, senior director of sustainability at Walmart. Listen in as Freeze discusses Walmart’s Project Gigaton, its recent partnership with Schneider Electric to launch the Gigaton PPA (GPPA) Program, and how the initiative educates Walmart suppliers about renewable energy purchases and accelerates renewable energy adoption by participating […] from Total Retail https://ift.tt/36oNL8B via IFTTT

Pet Valu, the specialty retailer of pet food and supplies, said Wednesday that it will wind down operations at its Pennsylvania headquarters and close all of its 358 stores and warehouses across the U.S. It said closing sales will begin in the next few days. Jamie Gould, Pet Valu’s recently appointed chief restructuring officer, said […] from Total Retail https://ift.tt/367t9Br via IFTTT

Walmart has cut ties with Bossa Nova Robotics, which made robots that scanned shelves for inventory, reports CNBC. The retailer has come up with other simple and cost-effective ways to manage the products on its shelves with its human workers rather than robots. A Walmart spokesperson noted that about 500 robots were in the company’s […] from Total Retail https://ift.tt/3l9a20l via IFTTT

In episode 271 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Matthew Rubin, senior vice president of business development and growth at Michaels, North America’s largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for makers and do-it-yourself home decorators. Listen in as Rubin discusses the launch of the new MichaelsPro […] from Total Retail https://ift.tt/3kRvpCV via IFTTT

In this episode of Retail Right Now, Total Retail’s Joe Keenan and Kristina Stidham discuss 2020 Halloween shopping trends as we approach the holiday. The National Retail Federation (NRF) conducted its annual Halloween survey on consumer perspectives for the holiday, and the data points to one key theme: despite the COVID-19 pandemic, Halloween 2020 is still […] from Total Retail https://ift.tt/31SE1BK via IFTTT

Carter’s is permanently shutting down hundreds of stores. The children’s apparel and accessories retailer announced today that it plans to close 25 percent of its brick-and-mortar fleet, or about 200 locations, as the leases of those units expire. Speaking to analysts, Carter’s CEO Michael Casey said that nearly 60 percent of those outposts will likely […] from Total Retail https://ift.tt/3earK0I via IFTTT

In episode 270 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jeanne Anderson, senior vice president and general manager of Saatchi Art, the world’s leading online art marketplace, connecting people with art and artists they love. Listen in as Anderson discusses the company’s history and mission, how Saatchi Art has evolved during the COVID-19 pandemic, […] from Total Retail https://ift.tt/2TutZm0 via IFTTT

Gap Inc., which was for decades a fixture at shopping malls around the country, said Thursday that it will be closing 220 of its namesake Gap stores — or one-third of its store base — by early 2024. That will result in 80 percent of its remaining Gap stores being in off-mall locations. As part […] from Total Retail https://ift.tt/2FS0Ei1 via IFTTT

In this special episode of Total Retail Talks, Digital Content Manager Kristina Stidham speaks with Editor-in-Chief Joe Keenan about Total Retail’s recently released Top 100 Fastest-Growing Retailers report, a ranking of publicly traded companies based on year-over-year net sales growth. Keenan shares that this annual report identifies the retail brands that are growing sales at […] from Total Retail https://ift.tt/3kk8DDn via IFTTT

Many retailers were forced to close their doors to customers beginning in March 2020, when the coronavirus pandemic first hit the United States. This caused the stock market to plunge initially, and pushed the overall economy into a record slump. Unsure of how to proceed given the unprecedented situation where municipalities were ordering stores to […] from Total Retail https://ift.tt/2Tb11Y2 via IFTTT

In episode 269 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jordan West, co-founder and chief marketing officer of Little & Lively, a Canadian baby and kid’s clothing brand. Listen in as West discusses the company’s history, and how his professional background led him and his wife to start the brand. He shares why customer […] from Total Retail https://ift.tt/37oLZGG via IFTTT

U.S. retail sales in September increased 1.9 percent month-over-month and 5.4 percent year-over-year, the U.S. Commerce Department said Friday. That’s more than double what was economists forecasted, more than triple the 0.6 percent month-over-month increase in August, and almost double the 2.8 percent year-over-year increase in August. Sales have been up both month-over-month and year-over-year each month since […] from Total Retail https://ift.tt/3ke1kgH via IFTTT

In this week’s Retail Right Now, Total Retail’s Joe Keenan and Ashley Chiaradio discuss the brand’s Top 100 Fastest-Growing Retailers report, a ranking of publicly traded companies based on year-over-year net sales growth. This year’s rankings are a testament to the value retailers are realizing by digitally transforming their businesses. The No. 1 company on this […] from Total Retail https://ift.tt/2FvSmfw via IFTTT

Walmart is testing electronic tech services through a partnership with True Network Solutions. The retailer is testing the service in four stores in the Dallas-Fort Worth area as well as one near its headquarters in Arkansas. The tech services desk looks similar to a Geek Squad counter at competitor Best Buy. Walmart hasn’t made an announcement […] from Total Retail https://ift.tt/3iTaiP3 via IFTTT

The Tennessee-based discount retailer Dollar General is launching a new store aimed at wealthier customers, called Popshelf, CNBC reported. Most items will cost $5 or less, and it will offer home decor, beauty items, cleaning supplies, party goods and more. Each Popshelf store will be about 9,000 square feet, and its merchandise will include some […] from Total Retail https://ift.tt/34HPCEF via IFTTT

During the September Women in Retail and Total Retail Virtual Exchange, Chris Lindland, CEO of Betabrand, an online women’s clothing company, was interviewed by Kate Talbot, founder of Kate Talbot Marketing, as well as senior contributor to Forbes. The two discussed everything from Betabrand’s innovative product designs to how retailers (including Betabrand) can learn from the […] from Total Retail https://ift.tt/3lm7206 via IFTTT

As noted in last week’s article announcing the release of the latest installment of the Top 100 Fastest-Growing Retailers, Chewy was at the top of the rankings, posting a 37.19 percent increase in year-over-year (YoY) sales for its 2019 fiscal year. For the annual report, Total Retail conducted a YoY comparison of 2019 fiscal year net […] from Total Retail https://ift.tt/2Sz52oY via IFTTT

In the early moments of the COVID-19 pandemic, the role of brands elevated nearly immediately. Some retail stores were deemed essential, and their employees became frontline workers seemingly overnight. Trusted brands also quickly moved to the forefront of the COVID-19 conversation. People, businesses and brands were given the opportunity to improve the greater good, or […] from Total Retail https://ift.tt/2SsicUL via IFTTT