Skip to main content

Mass Merchant

  • Online giant in deal with unlikely retail partner

    Amazon is staking a claim in the appliance market in a big way in a partnership with Sears Holdings.   The embattled retailer announced it will sell its prized Kenmore-branded appliances on Amazon. The deal opens the way for the broadest distribution to date of Kenmore products outside of Sears stores and its websites. Distribution will be nationwide, and Sears Home Services and Innovel Solutions units will provide delivery, installation, and other services.  
  • Walmart developing facial recognition technology

    The nation's largest retailer is working on technology to enable store associates to respond more quickly to potential customer service issues.   The chain is developing facial recognition technology to detect frustrated or unhappy shoppers, according to a report by Business Insider. The technology uses video cameras at checkout lines that monitor customers' facial expressions and movements to identify varying levels of dissatisfaction, according to a patent filing, the report said.   
  • Report: Embattled bankrupt electronics retailer gets a lifeline

    Against all odds, bankrupt RadioShack is still ticking.   An affiliate of Kensington Capital Holdings will acquire RadioShack’s intellectual property after it submitted a $15 million bid, Reuters reported. Kensington is already owned $23 million by the retailer, dating back to a loan it gave the company some two years ago.  
  • Deloitte: Back-to-college spend to outpace back-to-school sales two-fold

    Retailers who fail to promote back-to-college offers and savings this year do so at their own peril.   
  • HRC: Discounter tops with Gen Z for back-to-school shopping

    Gen Z shoppers are gearing up to hit the stores for back-to-school purchases — and their top destination is Walmart.    Thirty-six percent of boys and girls cite Walmart as their first choice for back-to-school shopping, more than double that of any other retailer, according to a survey conducted by strategic retail advisory firm HRC Retail Advisory.    
  • Online giant quietly launches meal kits

    Amazon isn’t wasting any time in entering the booming meal kit category.  
  • Target CEO: Hispanics are shopping less

    An important demographic for many retailers appears to be staying home more these days.   In remarks at  Fortune’s Brainstorm Tech Conference in Aspen, Colorado, Target CEO Brian Cornell cited an 11% dip in shopping activity among Hispanic consumers in the past several months. (A Target spokesman said later he was referencing industrywide data from the NPD Group, The Star-Tribune reported.)   “There’s almost a cocooning factor,” Cornell said.  
  • Walmart opens massive online center

    Walmart is bringing 1,500 jobs to Florida as it continues to expand its e-commerce fulfillment network.  
X
This ad will auto-close in 10 seconds