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From SSKs to Mobile Pay: Three Retail Technology Predictions for 2017
Retail in 2016 had its share of ups and downs. While several major businesses filed for bankruptcy, others in the category saw incredible growth, leveraging technology to connect with customers in new and exciting ways. For instance, Walmart tripled its online catalog and opened more stores that allow shoppers to pick up online orders in-person. In an often-cluttered retail landscape, Walmart and others have shown that technology can be a key differentiator. -
Supervalu Q3 sales disappoint
Supervalu Inc. swung to a loss in its third quarter amid increased competition in the retail segment. The company reported a net loss of $26 million during its 2017 fiscal third quarter, ended Dec. 3, as revenue fell 1.4% to $3 billion. The loss, however, included a settlement charge of $41 million related to pensions and also store closure charges.

