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Retail

  • Deloitte: Retailers should catch early bird back-to-school shoppers

    Hesitating to offer back-to-school deals could result in significant loss of potential sales.  

  • Mall of America joins virtual reality revolution

    Mall of America is using leading-edge technology to enhance the on- and offsite customer experience.   The Bloomington, Minnesota-based center is the latest retail participant to adopt virtual reality (VR) technology. A new, VR-based immersive experience allows customers to “see” retail, entertainment and live events within the mall.  

  • Radial preparing for happy holiday

    At least one retail industry participant is expecting the 2016 holiday season to be prosperous.   Omnichannel commerce technology and services provider Radial plans to hire an additional 550 workers in Reno, Nevada to support an expected 10-fold increase in demand during the upcoming holiday season. Radial operates fulfillment centers in Reno, which are in need of workers to help support its retail clients.  

  • Target in smaller store urban push

    Target Corp. is expanding its portfolio of smaller stores.

    The chain expects to roll out 14 more of its smaller stores this year, including a 21,000-sq.-ft. location in the Queens borough of New York City, which is opening this week, according the New York Post.

  • Strip centers post lowest availability rate in years

    Available space in strip centers dipped to 11% in the second quarter, the lowest rate for these neighborhood venues since 2008. The reason: omnichannel growth and format experimentation, according to CBRE, which tracked availability across 62 U.S. markets.  

  • Macy’s tests in-store artificial intelligence tool

    It won’t help you find Pikachu, but a new mobile tool from Macy’s will assist shoppers in navigating the store.   The department store retailer is piloting “Macy’s On Call,” a solution that lets in-store customers use their mobile phones to interact with an artificial intelligence (AI) platform powered by IBM Watson. The Satisfi intelligent engagement platform provides the connection between the mobile tool and the Watson platform.  

  • Analysis: Prime Day really was that good

    Sequels are rarely better than the original, but the second annual Amazon Prime Day may deserve comparisons to “The Godfather Part II” and “The Empire Strikes Back.”  

  • Study: Book retailer shows brand strength

    A familiar chain has been named the most powerful retail brand of 2016.   According to the 2016 Top 100 Most Powerful Brands report from brand marketing firm Tenet Partners, Barnes & Nobile is the most powerful retail brand, and 32nd most powerful brand overall, of the year. This is the second straight year Barnes & Noble ranked highest among retailers.  
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