Physical retailers rebounded in 2021 after posting significant losses during the pandemic. However, supply chain disruptions, labor issues and inflationary pressures dampened the recovery somewhat. The Massachusetts-based TJX Companies, Inc. (NYSE: TJX) is one such retailer that offers discounted clothing and home fashion at more than 4,700 discount stores in nine countries. It accounts for […]
CHICAGO, IL – Brook Park Holdings, LLC, (“BPH”), a U.S.-based private equity firm, today announced that it has sold Crowd Control Warehouse (“CCW”) to Brimar Industries, a portfolio company of Blue Point Capital Partners. Brimar Industries is a vertically integrated supplier of safety signs, pipe markers, valve labels, and traffic and parking signs. Brimar’s mature […]
Listen to the article 2 minutes This audio is generated automatically. Please let us know if you have any comments. Diving Brief: To promote its e-commerce tools, Instagram is holding a pop-up store in New York to celebrate the third anniversary of its Instagram Shop account, the platform announced on Monday. The account has featured […]
KANSAS CITY, Missouri, May 17, 2022 /PRNewswire/ — Tension Packaging & Automation, a leader in complete packaging and automation solutions for the pharmaceutical and e-commerce industries, has announced the launch of its new website (https://www.tensionautomation .com). Equipped with enhanced design, features and functionality for enhanced user experience, the new website aims to provide users with […]
The launch of OneStopFlair.shop brings an exciting new source of affordable everyday products to consumers in the United States Online shopping is on the rise due to several factors: as expected, the lockdown enacted to curb the spread of the COVID-19 pandemic has contributed to the popularity of e-commerce, and now more than ever people […]
A proposed Oyster Bay zoning code change that would double required parking spaces for warehouses and distribution centers would result in a 25% reduction in a proposed facility in Woodbury, the developer’s lawyer told council city last week. The increased parking requirements are part of a series of proposed changes to the city’s zoning code […]
The Bay Area’s chocolate scene is radical, innovative and profound. That said, few players in the cocoa game have deeper historical ties to this city than the folks at Ghirardelli Chocolate Company. Today, the company hopes to enter the 21st century in a major way. The Ghirardelli Chocolate Experience Store, inside the Woolen Mill Building […]
TheMall is expected to be the biggest store in the Metaverse when it launches this summer. The platform wants to bring customers to shop virtually through a browser that will give access to mainstream users with conventional gadgets. For the past decades, the mall has been the centerpiece of the global shopping and entertainment experience. […]
Nir Patel has unexpectedly stepped down as CEO of Charlotte-based department store Belk after less than a year on the job. Patel” is leave the company to pursue other interests,” the company said in a press release Friday. Patel, Belk’s former merchandising director, replaced Lisa Harper as CEO last July. Harper had run the company […]
Warehouse REIT (LON:WHR – Get a rating)The stock had its “sector performance” rating restated by equity researchers at Royal Bank of Canada in a research report released Friday for clients and investors. Market assessments reports. They currently have a target price of GBX 160 ($1.97) on the stock. Royal Bank of Canada’s price target would […]
MRA Marketing produced a digital solution for the FORTIS Merchant Buying Group, allowing members to sell the group’s Infinita range through their own websites. The Infinita Showroom online store, a product developed by MRA Marketing, sells Fortis’ exclusive Infinita bathroom range online through the websites of its 42 member dealers. The Infinita line, with products […]
The launch of Nothing Phone (1) in India could be imminent. The handset was spotted on the BIS website. Nothing will soon launch its first smartphone. The consumer technology company was founded by Carl Pei. Notably, the company has confirmed that the Nothing Phone (1) will soon be launched in India. Apart from that, it […]
Nicola Tomatis, Managing Director of BlueBoticsdiscusses AGV interoperability and what to consider before investing in automated vehicles. Automated Guided Vehicles (AGVs) are among the hottest topics at trade shows these days, and for good reason, considering what the pandemic has caused: a shortage of labor and a huge increase in e-commerce orders. Not only do […]
Entering a convenience store is supposed to be quick and seamless, but often when a crowd appears the long lines can make shopping tedious and frustrating. The rise of artificial intelligence (AI) has made its way into shopping. CEO and co-founder Steve Gu sits down with What Just Happened? Host Christine Russo on the direction […]
ST. LOUIS, MO — The CEO of St. Louis-based ProCare Health, a market leader in bariatric supplements focused on post-surgery nutritional needs, announces the launch of a new supplement website. Nick Wiegand is one of four founders of WellRabbit, an e-commerce site dedicated to selling only doctor-approved products from qualified manufacturers. “I launched several brands […]
New e-commerce service with ZIM shipping line in progress,The port also begins the operation of new ultra-large cranes Annapolis, MD— Governor Larry Hogan today welcomed the Helen Delich Bentley Port of Baltimore’s newest container liner service, the ZIM e-Commerce Baltimore Express (ZXB) from China and Southeast Asia. ZXB is part of Israel-based ZIM […]
JHVEditorial photo/iStock via Getty Images Shopify (NYSE: SHOP) peaked in Wednesday’s trading session shortly after CEO Tobi Lutke tweeted his intention to put his money where his mouth is. quote-tweet FirstMark Capital founder Amish Jani’s glowing review of Shopify (SHOP -2.1%) direction, Lutke expressed his belief that the stock was oversold after a steep decline […]
CHICAGO–(BUSINESS WIRE)–May 11, 2022– Logistics Property Company, LLC (LPC) has completed the acquisition of the land and received City Council approval for the development of Chicago’s first multi-story industrial project. 1237 West Division, as the project is known, will feature 600,000 square feet of logistics space over two floors and offer both rooftop parking and […]
A promotional image of the One Store application store (One Store) South Korean mobile app store operator One Store has scrapped plans for an IPO amid poor market conditions, the company said on Wednesday. One Store’s move comes a day after the close of an institutional investor book building, in which the offering price for […]
Diving brief: DSW’s parent company, Designer Brands, acquired the Shoes.com domain, making the company the second (known) acquirer of the domain in less than two years after Walmart sold it in 2020. A Designer Brands spokesperson said in an emailed statement that the company had acquired the website and intellectual property assets for an undisclosed […]
LONDON–(BUSINESS WIRE)–May 10, 2022– A new report from e-commerce delivery technology leader Metapack reveals the effect of a negative delivery experience on consumer buying behaviors. Amid the shift to online shopping, research dives into the delivery experience of consumers in the UK, France and Germany and finds that more than two-thirds of consumers are less […]
By Cliff Goldsmith The coronavirus pandemic has changed the way Americans shop, sending consumers online inen masse – a phenomenon that has not fully subsided, even as COVID restrictions have been lifted. This shift has sparked a boom in so-called “last mile” warehouses which are located in densely populated areas.populated areas to reduce delivery times. […]
Listen to the article 3 minutes This audio is generated automatically. Please let us know if you have any comments. Diving brief: Best Buy is expanding its reach beyond indoor living. Electronics retailer adds electric transportation, outdoor living, health and wellness products to in-store assortment, the retailer announced on Friday. Best Buy has added skincare […]
We’re excited to bring back Transform 2022 in person on July 19 and virtually from July 20-28. Join leaders in AI and data for in-depth discussions and exciting networking opportunities. Register today! Website accessibility is a key consideration for any business that hosts web content. Both internal (employee-facing) and external (customer-facing) sites must meet certain […]
Located at the bottom of a commercial building at 1717 Broadway on the Bushwick-Bedstuy border, next to the Chauncey J/Z stop, is Photodom. All rolled into one, it’s a processing lab, creative studio space, and retail store filled with film-focused cameras, accessories, and apparel. Bathed in a neon glow, the well-stocked shelves display an assortment […]
Warehousing and transport is the fastest growing industry in the UK over the past two years following Brexit and the online shopping boom during the pandemic. The number of businesses in the sector grew by 21% between 2019 and 2021, while growth across all industries was just 1%, according to figures released by the Office […]
Today, in food retail, Unilever is launching an ice cream shop that can be hailed in the style of Uber, and Sweetgreen is looking to integrate subscription commerce into the business more permanently. In addition, financial results show that aggregators are gaining momentum. Unilever rolls out hail ice cream truck Typically, when consumers order an […]
MELVILLE, NY – ADI Global Distribution, a leading wholesale distributor of safety, audio visual and low voltage products, announced that it has launched new upgrades to its websites in the United States, Canada and Puerto Rico to provide an enhanced online shopping experience at ADI. According to the company, these improvements will make it easier […]
Merchandise-to-person is an order picking and picking method in which products are delivered directly to the picker through automated systems. With the rapid growth of e-commerce and recent online grocery shopping, quick order picking is becoming necessary and an essential skill for many businesses. Traditionally, the goods-to-person method is made possible by large and complex […]
International Flavors and Fragrances Inc. The IFF is expected to release its first quarter 2022 results on May 9 after the closing bell. Fourth quarter performance In the most recently reported quarter, International Flavors’ earnings and revenue beat Zacks’ consensus estimates. While the net income figure decreased, revenue increased year-over-year. The company has exceeded earnings […]
The Fort Dodge Convention and Visitors Bureau invites people from across the state, nation and the world to dodge the ordinary on the World Wide Web. The office unveiled a new website, www.DodgeTheOrdinary.com. “We believe Fort Dodge has great tourism potential,” said Kerrie Kuiper, the office’s executive director. “We think the new website […]
Amazon executives could face an awkward moment at the company’s next shareholder meeting. Daniel Olayiwola will become the first Amazon warehouse worker to present a resolution at the company’s annual general meeting on May 25. The San Antonio Employee proposall asks Amazon to end its two staff monitoring and productivity quotas. Practices require workers to […]
GRAND RAPIDS, Michigan–(BUSINESS WIRE)–Food Solutions Company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced its annual fundraising campaign through the Company’s Foundation, supporting Special Olympics athletes and the State Summer Games in eight states. Beginning May 4, 2022, participating SpartanNash stores and gas stations will work with store customers for 12 days to raise funds and […]
All products featured on OK! Magazine are independently selected by our editors. However, when you buy something through our retail links, OK! Magazine may earn an affiliate commission. Welcome to the very first episode of OKAY! Of the day, a new daily series where our editors share their beauty and fashion must-haves of the moment. […]
Denim brand Levi Strauss and Co. is adding more digital tools to help customers find the right size jeans, as part of its mandate to increase direct-to-consumer sales. On Tuesday, the company announced two new digital fit features on its site: a predictive fit algorithm and a bank of product photos on people of different […]
Consumers may not understand the Metaverse, but they would buy there. A survey gauges consumer reaction to technology that is reshaping retail. By Jo Hamilton Posted: May 3, 2022 (Image credit: JESHOOTS.COM / Unsplash)We have been exploring how the metaverse, social commerce, and digital retail collide as technology advances and e-commerce grows. Brands are constantly […]
Fears that the Amazon-powered e-commerce boom is running out of steam have wiped billions of dollars off the value of the world’s biggest warehouse owners in recent days, undoing some of the huge gains made by the sector during the pandemic. An Amazon earnings warning on Thursday evening triggered a sharp drop in the share […]
The metaverse – a virtual world where people replicate their real identities or are free to live as someone completely different – is coming. For retailers, it can be a revenue center where virtual merchandise can help metaverse dwellers realize their vision for themselves. But as Meta has shown in its recent financial statements, […]
New omnichannel distribution to improve margins and streamline the B2C sales process Fort Lauderdale, Fla., May 02, 2022 (GLOBE NEWSWIRE) — The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the global leader in consumer karaoke products today announced ‘today launched a new e-commerce site focused on an omnichannel marketing approach […]
Mumbai: Venture capital firm Rise Capital, founded by former Tiger Global executive Nazar Yasin, moved to India and hired Anuj Mehta as Head of India to find opportunities in the region. The venture capital firm is looking to seed Series B bets on Indian companies with a check amount ranging from $100,000 to $10 million […]
Warehouse rents have jumped 12% on average over the past year, to a record high, according to CBRE. In New Jersey, prices have soared nearly 40% in the past 12 months, CBRE said. Experts expect the dramatic increases to continue as demand grows across all sectors. At the end of last year, Amazon signed a […]