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First Edition
Few things hurt a supermarket’s bottom line more than food waste: Between one-third and one-half of all food produced is wasted worldwide every year, estimates the Institution of Mechanical Engineers. That might explain why three entrepreneurs founded Wasteless, a startup focused on helping supermarkets fight food waste, in 2017.
A new entry into the world of ecommerce, 3D product imaging allows consumers to interact with products in a whole new way, allowing for dynamic three-dimensional video to take the place of traditional 2D static representation. American Greetings, a leader in the social expressions industry since 1906, is an early patron of this technique.
Success in retailing pretty much boils down to getting the right product to the right stores at the right time and at the right price. But time and again it has proven to be difficult to achieve in its entirety. Department store chain Belk has executed a formula that gets the right product to the right stores, reduces or eliminates out-of-stocks and increases sales and profitability — while reducing markdowns.
NRF is proud to provide our members with the online Retail Buying Guide to search for trusted vendors, products and services in the retail industry. Our guide is a user-friendly forum designed to bring suppliers and purchasers together. You can search by keyword, location, company name or category. Available whenever you need it, the Retail Buying Guide makes it easy to locate products and professional services geared to the retail industry. Click here to visit the online Retail Buying Guide! To advertise, please contact Sarah Allen for more information. Trends
Why just one pop-up of goodies when a rotation of endless delights is a possibility? Bloomingdale’s has merged the concept of pop-up and permanence with The Carousel, a permanent fixture making its debut in New York and California which will host a new experience from a different guest curator every two months.
The digital edition of STORES includes must-read pieces, including the articles featured here. Read the current issue and browse the archives for issues you may have missed. 
NRF News
Valentine’s Day in 2019 looks very different than it did a decade ago: Ten years ago, more than 60 percent of adults planned to celebrate Valentine’s Day; today, that’s dropped to just over half. Spending for the holiday has continued to rise, however, and is projected to reach more than $20 billion this year. Find out what’s driving these opposing trends.
Retail Deals
12 ReTech Corporation, a global software company, has signed an agreement with Jelmoli, a premium department store in Switzerland, to use the 12Sconti app network. The 12Sconti app helps retailers combat food waste by allowing them to discount, on an hour-by-hour basis, perishable products, which otherwise would need to be disposed of as waste or recycled as agricultural compost.
Throughout 2019, Kohl’s and WW — the new Weight Watchers, a global wellness company — will pilot a variety of health and wellness offerings to help customers and Kohl’s associates on wellness journeys, including the debut of its first in-store WW Studio, the introduction of WW Healthy KitchenTM and more.
Smartwool has been named the official Merino wool base layer, underwear and sock of all 14 Alterra Mountain Company destinations throughout North America. The collaboration provides Smartwool with maximized exposure at Alterra Mountain Company destinations through on-site branding opportunities.
Hudson Group, the largest travel retailer in North America, has selected PCMS, a provider of commerce software and services, for its unified commerce platform. VISION Commerce Suite will enable Hudson Group to unify its retail and hospitality point-of-sale functionality.
In order to meet the needs of its fast-growing team and offer clients a first-rate experience, Tuft & Needle, an online mattress retailer, has chosen Talkdesk as its customer support platform.
The Warehouse Group, a New Zealand-based retailer, has chosen OpsCenter by Opterus, a global provider of web-based store communications and task management solutions, as its centralized communications solution for all its brands.
Bill’s Gun Shop and Range has selected AXIS Point of Sale and Range Management Software from the Retail Technology Group. With this software, the retail firearm and shooting range company will improve its in-store and online sales, multi-store inventory management and reporting and ATF compliance. |
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