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First Edition
Mall of America seems to be on a mission to reinvent itself by getting bigger and more audacious in its ambitions to entertain visitors. The 520-store mall, which opened 27 years ago, is evolving into an entertainment hub in part by hosting more than 400 events annually. It also has an indoor amusement park, an outdoor skating rink and plans to build an indoor water park.
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. In 2017, hemp-based CBD sales increased by nearly 50 percent, according to the Hemp Business Journal, growing to $190 million. While a growing number of independent stores are opening to sell products made with CBD, two quickly growing chains have emerged in Minneapolis. Nothing But Hemp and Flawless are owned by Nothing But Hemp LLC, a privately owned company that has opened three company-owned and one licensed CBD store in less than a year and plans to have 23 more open by the end of this year.
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
Apparently, one can never have enough gnocchi — or enough different kinds of it. These humble little dumplings of dough can now be found in flavors such as saffron or pecorino and pink peppercorn, encased behind glass and served up by a concierge for on-the-spot cooking or taking home. The place is Patavini, a New York City shop, and in addition to the variety of gnocchi, it also offers extra virgin olive oils, balsamic vinegars, sauces, preserves and more.
NRF News
Five years ago, Framebridge founder Susan Tynan identified a retail opportunity that no one else saw — disrupt and grow the custom framing industry by focusing on the customer. On this episode of NRF’s Retail Gets Real podcast, Tynan talks about founding Framebridge, why the online business is opening physical retail locations and her advice for other aspiring entrepreneurs.
With nearly 50 million deliveries, online grocery service Peapod has mastered the use of personalized marketing and data. Co-founder Thomas Parkinson and Chief Marketing Officer Carrie Bienkowski will talk about marketing technology, why it’s critical and why it’s hard to do well in July at NRF NXT 2019 in Las Vegas.
Who pays for tariffs on imported goods? The answer isn’t the foreign governments targeted by tariffs — it’s American companies and consumers. Small businesses are particularly vulnerable, since they don’t have the resources and flexibility to quickly switch suppliers. Read about the negative impact of tariffs in firsthand stories from business owners across the country.
Retail Deals
PVH Asia Limited, one of the world’s largest apparel companies including brands such as Calvin Klein and Tommy Hilfiger, has selected Oracle Retail to modernize its customer experience and store technology.
Adobe is collaborating with Amazon to accelerate growth for third-party merchants by offering Magento, designed to give sellers a seamless way to grow their business and manage their online presence across Amazon.com and their own storefront.
Zenni Optical, an online optical industry leader, has launched its 3D Virtual Try-On feature, which offers customers a true-to-life preview of Zenni™ glasses on their face using a state-of-the-art facial analysis tool.
GNC, a leading health and wellness brand, has selected the cloud-native commerce platform by enVista to enable the retailer’s omnichannel transformation strategy and initiatives. PUMA, one of the world’s leading sports brands, has selected Selligent Marketing to provide an enhanced consumer experience by ensuring that every interaction with the brand is unique and always relevant.
One Door Inc., a leading provider of cloud-based visual merchandising software, has entered into a multi-year agreement with Telstra, Australia’s largest telecommunications provider, to provide it with the ability to implement One Door’s Merchandising Cloud, to deliver localized customer experiences and improve store operations efficiency. |
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