The Retail Industry Leaders Association has released the 2015 Retail Sustainability Management Maturity Matrix, a tool for retail sustainability executives to identify possible pathways to strong environmental sustainability programs. The Matrix, co-developed by RILA and Deloitte Consulting LLP, represents the collective knowledge of many industry experts as to leading sustainability management practices.
Teens directly command a whopping $75 billion of discretionary spending, but their wallets continue to shift from fashion and other “possession-based” categories to “shareworthy” experiences such as events and dining out. Those are among the findings of a study conducted by investment bank and asset management firm Piper Jaffrey.
Pennsylvania Real Estate Investment Trust and The Macerich Company announced that they have reached a tentative agreement with the City of Philadelphia on a redevelopment and re-branding of the Gallery shopping mall and transit center in the heart of Center City.
The National Retail Federation (NRF) is publicly supporting the House Energy and Commerce Committee’s consideration of the Data Security and Breach Notification Act. In a public statement, Mallory Duncan, senior VP and general counsel NRF, said strong tools are needed to combat criminal breaches.
Opt-in rates among consumers for push notifications from retail apps are on the decline. A new study from Urban Airship shows that average opt-in rates for retail apps fell to 37% in 2014, compared to 46% in 2013.