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  • Walmart Foundation and Aspen Institute aim to enhance economic mobility for retail workers

    A new $5.5 million research grant from the Walmart Foundation and the Aspen Institute will look at the evolving nature what the Bureau of Labor Statistics lists as the most common job in America: “retail salesperson.”

    The largest portion of the grant is dedicated to exploring alternative models to provide career pathways for frontline retail workers, according to a statement from the Walmart Foundation and the Aspen Institute, an organization known for pioneering new approaches to complex problems.

  • Walmart and Aspen funding retail worker research

    The Bureau of Labor Statistics lists “retail salesperson” as the most common job in America, but the retail industry is evolving rapidly as is the nature of work. A new $5.5 million research grant from Walmart and the Aspen Institute aims to understand how.

    The largest portion of the grant is dedicated to exploring alternative models to provide career pathways for frontline retail workers, according to a statement from Walmart and the Aspen Institute, an organization known for pioneering new approaches to complex problems.

  • H&M will open its 4,000th unit, ramp up e-commerce

    A total of 425 new H&M stores are slated to open this year, including the new market of Puerto Rico, and the fast fashion retailer also will expand its e-commerce efforts to Japan and 10 additional markets.

    The global retailer disclosed its aggressive physical and digital growth plans with the release of financial results for the period ended Feb. 29, which were negatively affected by the strong U.S. dollar. H&M is based in Stockholm, Sweden.

  • Amazon adds Prime same-day delivery to 11 more markets

    Amazon continues to elevate customer expectations throughout the retail industry with its latest move involving the availability of free same-day delivery service in 11 new markets.

  • Organic online grocery start-up has Costco-like business model

    Thrive Market, a fast-growing fee-based online retailer that sells organic groceries, is expanding. According to TechCrunch, the company offers members wholesale prices and two-day shipping for $1.95 per order, or free for orders of more than $49. To read more, click here.

  • Survey: Retailers see big benefit in individualized customer experiences

    Retailers estimate they could earn an extra 10% in revenue — which translates into $100 million annually for a $1 billon company — by offering customers and employees a highly individualized experience.

    That’s one of the key retail takeaways of new report by Oracle, which surveyed 300 C-level executives across 10 industries to understand how prepared organizations are to address the fact that consumers increasingly expect, and even demand, to have it their way—whether shopping, communicating, working, or enjoying leisure time.

  • Survey: Mobile food coupon users show spirit of adventure

    Consumers who rely on mobile coupons when food shopping are much more likely to experiment with new brands.

    According to the latest edition of GfK MRI’s “The Survey of the American Consumer,” one in three (33%) U.S. adults agrees completely or somewhat with the statement, “I rely on mobile coupons while food shopping.” And almost half (44%) of these mobile coupon users say they like to “change brands often for the sake of variety and novelty,” compared to just 30% of the general population.

  • HBC details omnichannel growth agenda

    The number of Saks Off 5th stores will surge dramatically as will investments in technology as Hudson’s Bay Company said it will make higher than normal investments in growth initiative this year.

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