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First Edition
Three of the first four businesses on STORES Magazine’s Hot 100 Retailers list are supermarket chains ultimately owned by foreign-based companies. At the top of the chart is Lidl, part of Lidl Siftung & Co., based in Neckarsulm, Germany. In the No. 3 slot is Grupo Comercial Chadraui, Mexico’s third-largest retailer. And, right behind at No. 4 is Don Quijote, Japan’s largest discounter, which bought the Hawaiian chain Time Supermarkets two years ago.
Many years ago, STORES Editor-in-Chief Susan Reda had the privilege to meet and interview Charles Lazarus, founder and chairman of the groundbreaking Toys “R” Us superstore. Lazarus had just relinquished the CEO title to Michael Goldstein for the first time since the company’s inception and was energized by what he believed the future held.
Trends
DQ has added an extra layer of sweetness to its offerings by placing them at the very center of summer fun. This isn’t just about encouraging folks to include ice cream in whatever they’re doing; the Box of Happy experience-centric subscription kit comes packed with themed fun — in addition to a $10 gift card for the Blizzard of the month frozen treat.
Abercrombie & Fitch recently turned up the volume on its longstanding loud-and-proud partnership with The Trevor Project by featuring LGBTQ activists and ambassadors in its #FaceYourFierce campaign. The #FaceYourFierce campaign, which debuted in February as part of the relaunch of A&F’s Fierce fragrance, has highlighted a variety of folks who “live fiercely.”
NRF News
On NRF’s Retail Gets Real podcast, James Mullan, former senior vice president and head of U.S. business at U.K. consulting firm GDR Creative Intelligence, describes trends in retail today that he thinks will have the biggest impact in the future and shares how retailers can adapt and evolve to rapidly changing consumer behavior. Listen here and subscribe.
For the latest issue of the Consumer View report, NRF surveyed shoppers to better understand their expectations surrounding technology and what they hope to see in the future. The “Robot in the Room” results show that regardless of whether they’re shopping online, mobile or in-store, more than three out of five consumers say retail technologies have improved the experiences. Learn more.
At the inaugural NRF NXT event last week, retail digital leaders met in Las Vegas to figure out what’s next for retail, and one theme came to the forefront: Retail has traditionally organized around the store or the website; now it’s time to organize around — and optimize for — the customer. No one talks about doing business in anything other than a “customer-centric” way, but NRF NXT made it clear that the gap between theory and practice is significant for many retailers. It’s time to close it. Read more.
Retail Deals
Walgreens, one of the nation’s largest drugstore chains, is bringing the power of AI to its store associates by working with an enterpise-wide solution from Theatro, which will allow team members to communicate with each other quickly and easily, bringing an improved healthcare and retail experience to its customers and patients.
With a mission to free up hard-working families to be the best they can be, UK-based variety retailer wilko, a leading multi-category value retailer of homewares and household goods, has undertaken a transformational category management strategy with JDA Software Inc.
Alibaba.com, one of the world’s largest B2B ecommerce marketplaces and a business unit of Alibaba Group, has opened its platform to empower U.S. businesses to sell their products to millions of Alibaba.com buyers in the United States and around the globe.
Daisy Intelligence Inc. and The Partnering Group have joined forces to support retailers looking to transform their merchandise planning with leading-edge artificial intelligence.
Ace Hardware Corporation, the largest retailer-owned cooperative in the world, has selected Atlanta-based tech startup Deputy as its recommended people management and scheduling solution to its community of store owners and managers.
Revel Systems, a leading provider of a cloud-based point-of-sale and complete business management platform, has unveiled details of the Revel Solution Partner program, a new initiative designed to increase the company’s sales reach and provide local, on-the-ground resources in more markets. |
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