Oct. 21, 2024
| This week’s operations news and insights for retail leaders
Vision-Assisted Package Retrieval aims to help drivers quickly find packages and save time on routes.
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The drugstore retailer’s plans reverse its expansion ambitions from a few years ago, when the company attempted to merge with rival Rite Aid.
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The higher-priced dollar store concept is rolling out a new app and loyalty program, with plans to exit its DG Market shop-in-shops.
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Today’s grocers and retailers want to attract more customers to their stores, engage them more effectively, reduce waste and convert browsers into buyers. Learn how connected retail technology can help in
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Deep Dive
The tool can help build more transparent sourcing relationships and better measure supply chain metrics.
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The company said the move will allow it to transform "into a digital-first brand, focusing all our energy on providing an exceptional online shopping experience."
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The financially struggling company also pulled its earnings guidance, citing increased medical cost pressures in its health benefits unit.
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Amid layoffs, falling sales, widening losses and some turmoil at unionized locations, the outdoor retailer seeks a path to growth.
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The companies will open neighborhood, small-format stores, and Beyond will invest $25 million in Kirkland's in a combined debt and equity transaction.
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Chief Financial Officer Paula Oyibo noted that this year and next “will be transitional years” as competition intensifies and category demand normalizes.
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Restoring e-commerce services marks the beginning of a return to form for Foxtrot after a tumultuous past several months.
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Supported by Pitney Bowes
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