News

Retail imports expected to hit repeated monthly records after record 2020
The next six months should set new records for the nation’s largest retailer container ports as retailers import merchandise at a fast pace.
Mexican footwear retailer steps into omnichannel
Group Nazan is transforming from a physical store and catalog-based operation into a digital omnichannel enterprise with Oracle Cloud.

Report: Tesla invests heavily in bitcoin, will accept as payment

The electric vehicle manufacturer owned by Elon Musk is reportedly becoming the first major automaker to accept bitcoin as currency for payment.
CSA Exclusive: Unilever jump starts slow-moving goods supply chain

A CPG giant is opening access to data on slow-moving and obsolete goods (SMOG) with cloud-based inventory visibility.
Weis Markets’ new store is energy efficient

Weis Markets is celebrating the opening of its newest location, in Martinsburg, W.V.
KFC/Taco Bell franchisee keeps up with changes brought by COVID-19

An operator of more than 200 KFC and Taco Bell locations is leveraging artificial intelligence (AI) to support customer-facing decisions.
Study: Successful retailers hurt more by COVID-19, unrest than less successful ones

The volatility and disruptions of 2020 impacted high-performing retailers more than their peers.
NRF: Newly introduced pro-union PRO Act ‘unworkable’

The National Retail Federation is calling on Congress to reject recently introduced legislation that it said would infringe on both employee and employer rights.
Neighborhood center changes hands near Eastmark MPC in Arizona

A Southern California investor paid $12.5 million for an 83,743-sq.-ft. Basha’s-anchored neighborhood center in Mesa, Ariz., near the Eastmark master-planned community.
Starbucks’ big challenger in China files for bankruptcy

The coffee chain that was supposed to give Starbucks Corp. a run for its money in China has filed for bankruptcy protection.