Omnichannel

As we move into the new year, it’s time to look ahead and predict what’s in store for the retail industry as it races to stay relevant in the Age of Amazon.    Here are five predictions to keep an eye on in 2017:   

Frontgate is looking to create a unique shopping experience at its new location in Dallas.       The luxury home decor and furnishings retailer will open what it called its first experiential store in late May, in the Dallas suburbs. The 22,000-sq.-ft. store will be located at Legacy West, a luxury retail development in Plano, Texas.     Frontgate reaches most shoppers through its catalogs and website. The also company operates a handful of brick-and-mortar locations. 

Amazon has been issued a patent for the design of its Treasure Truck, a vehicle that cruises the streets of Seattle and is stocked with a couple of types of discounted products, Geek Wire reported.    Users of Amazon’s mobile shopping app receive alerts on their smartphones about the deals, which are sold on a first-come, first-served basis.    

Macerich is offering retailers a promotional connection to smartphone shoppers at 22 of its properties.   Shoppers will be able to access the StepsAway app via mall Wi-Fi and search for products by category or individual retailer. Macerich tenants can create and deliver promotional offers through a cloud-based platform installed at the company’s headquarters.  

CVC Capital Partners has agreed to sell Leslie's Holdings to L Catterton and an affiliate of GIC.       The financial details of the transaction have not been disclosed.   Founded in 1963, Leslie's is the world's largest retailer of swimming pool supplies and related products.   

After nearly 30 years of doing business in the MainPlace Mall in Santa Ana, California, Nordstrom has announced it will be shuttering the location.  

When did washing dishes become more attractive than shopping?   In-store shopping has lost its allure for many shoppers, who are increasingly frustrated with brick-and-mortar stores that lack the convenience of online players, according to a new global report from Capgemini’s Digital Transformation Institute.    

Ahold USA can now boost it has “smarter stores” for its increasingly connected consumers.   The supermarket giant has rolled out a new wireless platform from Verizon Enterprise Solutions across its divisions, which include Stop & Shop New England, Stop & Shop New York Metro, Giant Landover, and Giant Carlisle, The platform has resulted in a digitally rich in-store experience for the grocer’s smartphone-using shoppers.