Amazon Rolling Out BNPL Option for SMB Customers
Marie Albiges
Amazon.com is partnering with the buy now, pay later (BNPL) service Affirm to offer small business owners an alternative checkout option, CNBC first reported Thursday. While Amazon already offers customers the option to pay with Affirm if they have at least $50 worth of eligible …
2023 Holiday Marketing Trends: Where Should Brands Focus?
Brian van Voorst
A recent NerdWallet survey and analysis found that close to 222 million Americans plan to purchase gifts for friends and family this holiday season. In preparation, here’s what brands need to know about where to invest and what holiday trends to watch for. Trend #1: …
Walmart to Upgrade 1,400 Stores With $9B Investment
Joe Keenan
Walmart is investing more than $9 billion over a two-year period to upgrade and modernize some U.S. stores with improved layouts, expanded product selections and new tech additions. On Friday, 117 stores in 30 states will be re-launched showcasing the enhancements, representing investments of more …
5 Tips for Avoiding Online Holiday Shopping Fails
Ali Hanyaloglu
Whether you call it Christmas, the holidays or simply time to re-watch “Home Alone,” that time of the year is creeping up on us fast. ‘Tis (almost) the season for serious shopping — and retailers need to make sure their customers’ online experiences are merry …
How The Vitamin Shoppe Tracks Emerging Tech Trends and Approaches Investments
Kristina Stidham
Scott Devlin was named chief information officer of The Vitamin Shoppe in January 2023. Devlin spoke on a panel at Total Retail Tech in Denver last month, discussing the emerging technology that needs to be on retailers’ radars. In this video interview from the event, he shares …
L.L.Bean Closes Headquarters, Stores and Factories in Maine After Mass Shooting
L.L.Bean has shuttered its flagship store, corporate headquarters, factories and other facilities in Maine, the outdoor goods retailer told CNN on Thursday, as authorities conduct a manhunt in the area for a person of interest in mass shootings. A spokesperson for the century-old company, one of Maine’s biggest …
Overstock.com to Change Corporate Name to Beyond
Overstock.com, Inc., which operates as Bed Bath & Beyond, today announced that it will change its corporate name to Beyond, Inc. effective Nov. 6, 2023. The company will also transfer its stock listing from the Nasdaq Global Market (NASDAQ) to the New York Stock Exchange …
5 Strategies for Retail Supply Chain Optimization This Holiday Season
Mark Delaney
It’s officially fall 2023: leaves are turning, festive lattes are brewing, and retailers everywhere are bracing themselves for the holiday onslaught. Even in the best years, it’s a stressful time for retailers, their employees, and shoppers alike. There’s no telling exactly what this season will …
JCPenney Connects People, Processes and Technology for Transformation
Vanathy Lakshmi is vice president of product and experiences at JCPenney, leading the iconic American brand through a major transformation. Lakshmi recently spoke at Total Retail Tech in Denver, delivering a keynote on strategies for better managing people, processes and technology. In this video interview from the …
Costco CEO Craig Jelinek to Step Down, Replacement Named
Costco’s longtime CEO Craig Jelinek is stepping down from the company after the warehouse club’s spree of pandemic- and inflation-fueled growth. The company said Wednesday that Ron Vachris, its current chief operating officer, will replace Jelinek. The change will take effect Jan. 1. In a company press …
