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  • Technology summit comes to Walmart’s back yard

    Northwest Arkansas isn’t the first place that comes to mind when the phrase “hotbed of start-up activity” is uttered, but organizers of a first-of-its-kind technology summit are looking to change that perception.

    On November 10, more than 800 people are expected to gather at the John Q. Hammons Convention Center in Rogers, Ark., for the Northwest Arkansas Technology Summit, an event organized by the Bentonville/Bella Vista Chamber of Commerce and the Northwest Arkansas Council.

  • Target is looking for an accelerator

    Start-ups looking to revolutionize retail have a significant new opportunity for support.

  • RetailNext: Holiday sales expected to climb only 2.8%

    A sluggish economic recovery will prevent sales from rising more than 2.8% this holiday season, according to analytics firm RetailNext.

    Last week, the National Retail Federation estimated a 3.7% increase in holiday sales, slightly less than last year. Deloitte also called for a 3.5% to 4% increase. This week the International Council of Shopping Centers predicted a 3.3% increase.

    RetailNext's forecast for U.S. retail stores this holiday season (November – December) includes:

  • French specialty retailer moves at the speed of fashion

    French specialty apparel retailer Kiabi has to keep up with the constantly changing world of fashion.

    Kiabi, which operates more than 500 stores in 32 countries and also has an online presence, is using the SoftwareAG webMethids API (application programming interface) management platform to enable maximum operational flexibility. Kiabi is building cloud-based systems on the API to eliminate internal silos and open core business functions, both inside the enterprise and with external business partners.

  • Walmart donates nearly $1 million to help retail's front line

    Walmart is one step closer to fulfilling its mission of donating $100 million toward increasing the economic mobility of entry-level workers.

    The retailer and its Walmart Foundation are donating nearly $1 million to Innovate+Educate to fund research and build recommendations that support the advancement of entry-level workers in retail and adjacent sectors.

  • What’s in Store for the Customer Experience?

    “I’ll try the red.” It’s a phrase heard in bars and restaurants across the globe. But in Nordstrom, at their tapas bar? It’s wine in a department store one week, and perhaps a pint or a flight at Bar Lamar in Whole Foods the next, because who could say no to a nice aperitif while picking up the weekly groceries?

  • Stark Enterprises announces retail property acquisition

    Pickerington, Ohio -- Stark Enterprises acquires The Shoppes at Stonecreek in Pickerington, Ohio. The 45,000-sq.-ft. retail center is located east of Columbus and is currently 100% occupied. Featured tenants include Lifetime Fitness, Petland, Advanced Vapor, Lomonico’s and Roosters.

    “This acquisition further expands our footprint outside of Northeast Ohio and is a prime opportunity for us to prove the transformational impact we have on our properties,” said Ezra Stark, COO for Stark Enterprises.

  • Tech Bytes: Three Ways Voice is Enabling Omnichannel Retail

    Spoken word is the oldest form of human communication.

    It’s also one of the newest technology trends enabling omnichannel retail. Voice-based communications are having on a dramatic impact on how retailing is seamlessly executed. Here are three key areas where voice is supporting omnichannel operations across the retail enterprise.

    Picking

  • Winning with mobile wallets this holiday season

    This holiday season, merchants will see at least one major change from last year: the prevalence of mobile wallets, and consumers eager to use them.  The problem is, while many large merchants are prepared to accept mobile wallets, many smaller merchants are not.

    Here’s a primer on the major mobile wallets, and what merchants need to know about each.

  • Study: Biggest barriers for consumers in global online shopping are…

    High shipping costs are the major barrier to adoption of global online shopping.

    That is according to the 2015 Pitney Bowes Online Shopping study. High shipping costs (64%) were ranked as the biggest barrier in the survey, followed by additional fees owed at time of delivery (48%) and product delivery taking too long (39%).

    Product returns are also a major concern, as 33% of global shoppers cited online return policies and processes as deterrents.

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