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Trends
The digital edition of STORES’ April 2017 issue is now available! The magazine is packed with must-read pieces including the articles featured here. NRF News
The newest in-store experience from Lowe’s teaches DIY home improvement skills through immersive virtual and augmented reality simulation. NRF’s Susan Reda spoke with Kyle Nel, executive director of Lowe’s Innovation Labs, to get the details on the new VR tool and how it’s disrupting traditional skills clinics. Employment trends over the past decade show a decline in the number of teenagers in the workforce, and as teens ditch part-time jobs in favor of studying and extracurricular activities, the same trend can be seen in the retail industry. But NRF research shows that first jobs, especially for teens, are crucial for long-term career success. Retail Deals
The Container Store has selected the Yottaa platform, a platform for accelerating e-commerce, to optimize performance and security for its e-commerce site.
New York & Company Inc. has partnered with actress Gabrielle Union to be the face of the Company’s 7th Avenue Design Studio beginning in April. She will launch her own namesake collection, exclusive to New York & Company, in August.
Avery Dennison has announced a global radio frequency identification partnership agreement with Target Corporation. This largest of its kind agreement is part of Target’s deployment of RFID technology to more than 1,600 stores to help maximize inventory availability and deliver an enhanced guest experience.
First Insight Inc., a technology company transforming how leading retailers make product investment and pricing decisions, announced a partnership agreement with international clothing retailer Desigual to provide consumer-driven predictive analytics. Through the partnership, First Insight will empower Desigual to make faster and more precise design decisions in some of its categories such as women’s, accessories, men’s, kids’ and shoes.
Forman Mills, a fast-growing off-price retailer, has selected Aptos Inc.’s Singular Commerce platform, a suite of retail technology solutions in the cloud. The retailer is poised to enter its next stage of growth and expansion in connection with a recent investment from New York-based Goode Partners LLC and is counting on Singular Commerce to support this vision.
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