GE Lighting and Qualcomm Atheros, a subsidiary of Qualcomm Inc., have announced a collaboration to bring indoor positioning technology to retailers, allowing the retailers to pinpoint shoppers’ locations and use mobile apps to personalize the in-store experience.
REI will open a third distribution center, located in Goodyear, Arizona. The specialty outdoor retailers seeks to better support its stores and customers through faster product replenishment and delivery.
A look at brands and categories that are growingI read CSA editor-in-chief Marianne Wilson’s recent “From the Editor’s Desk” column (page 8, March 2015 issue, Chain Store Age) with great interest. Her piece — “The store is back (even though it never left)” — touched on the topic of brick-and-mortar retail expansion and “the relevance of offline retail in an omnichannel world.”The article got me thinking in more detail about the retail expansion we are seeing in 2015. What brands are growing?
Restaurants and retail have fertile expansion ground in certain marketsWhile it’s true that technology, brick-and-mortar changes, and evolving consumer behavior are causing foundational shifts in the retail industry, a closer look at different U.S.
Canada’s Future Shop will soon be a thing of the past. Best Buy announced it is consolidating its Future Shop division, and the chain’s namesake stores and Future Shop stores will all operate under the Best Buy nameplate. As part of the consolidation, 66 Future Shop stores will be closed, effective March 30. Also, 65 Future Shop locations will be shuttered for one week to transition to Best Buy.
The Kroger Co. has named Joe Grieshaber, who has served as president of the Dillons banner since 2010, as president of Kroger's Columbus division. Grieshaber replaces Bruce Macaulay, who is retiring after 42 years with Kroger.
There has been a lot of discussion in the last several years about the strength of the grocery sector. I think it’s clear that a big reason behind that success has been the evolution of different formats and the explosive growth of a new generation of grocery concepts that represent a significant departure from the traditional grocery model.
Target Corp. plans to cut “several thousand” jobs, mainly at headquarters, during the next two years and invest $1 billion in technology and supply chain in 2015 as part of an ambitious and wide-reaching plan to transform its business for a digital age. (Target expects to invest between $2 and $2.2 billion in total capital expenditures in 2015.)