1. For Millennials, Halloween Is A Big Deal

    New research suggests that the way we celebrate Halloween is changing. Halloween seems like it should be a fairly predictable holiday, doesn't it? While some adults may attend parties, the day is largely for the young. Every year, children go trick-or-treating and bring back hefty hauls of candy, while their older siblings wander the neighborhood causing minor mischief. But if retailers think they…Read More

  2. Abercrombie & Fitch Takes Action Against Retail Shrink

    Retailers are tightening up their POS systems to prevent theft. Want to know a major source of financial loss in the retail industry? It's called "shrink." This concept - which includes, among other things, shoplifting, employee fraud and supplier errors - costs U.S. retailers billions of dollars. For instance, in 2014, the Global Retail Theft Barometer study estimated that American companies lost…Read More

  3. Crate And Barrel Tests Omnichannel Program

    Crate and Barrel is experimenting with a new in-store tablet shopping program. Houseware retailer Crate and Barrel is the one of the latest stores to experiment with an omnichannel marketing program. Retail Dive reports that the company will launch a single-store pilot program in which customers will be able to carry around a store-provided tablet while they shop. The tablet, called the "Mobile To…Read More

  4. PetSmart Opens Experimental Store

    Last month, PetSmart opened up an experimental store in the east New York hamlet featuring, among other things, a coffee shop for human visitors. Animal owners in Oceanside, New York can now pick up something for themselves the next time they visit their local PetSmart. Last month, PetSmart opened up an experimental store in the east New York hamlet featuring, among other things, a coffee shop for…Read More

  5. Pop-up retailers to invade New York fashion week

    IMG, the organization tasked with managing New York Fashion Week, will host two streetside pop-up stores throughout the event. On Wed. September 8, designers and style aficionados from across the globe will descend on New York City for New York Fashion Week. The event - scheduled to run through September 15 - will no doubt lure the familiar fashion icons and celebrities who line its runways almost…Read More

  6. Three characteristics of Generation Z Buyers

    Retailers must develop new strategies to attract buyers of a new cohort: Generation Z. For years, sellers of all stripes have focused their promotional efforts on millennials. Now, retailers must develop new strategies to attract buyers of a new cohort: Generation Z. Like their picky predecessors, members of this group share unique shopping habits. Of course, brick-and-mortar and online brands hav…Read More

  7. Visa tests new NFC-enabled payment ring

    Athletes participating in the upcoming games in Rio de Janeiro, Brazil will test out a novel new payment device: the NFC-enabled ring. Athletes participating in the games in Rio de Janeiro, Brazil are testing out a novel new payment device, according to USA Today. Visa has equipped more than 40 competitors - all members of the Team Visa squad - with payment rings. These devices enable users to co…Read More

  8. Sony joins the experiential retail movement

    Sony is the latest specialty seller to embrace the experiential retail trend. Sony is the latest specialty seller to embrace the experiential retail trend, according to Crain's New York Business. On Thurs. Aug. 4, the electronics retailer hosted a grand-opening celebration for Sony Square NYC, its new product-free flagship store at 25 Madison Avenue in Manhattan. The space, which occupies the same…Read More

  9. Zappos Redefines The Shoe Box

    Zappos is looking to spur further footwear innovation by redefining an industry staple: the shoe box. Zappos changed the shoe-selling sector when it proved that an online retailer could beat out established, brick-and-mortar merchants. Now, the company is looking to spur further footwear innovation by redefining an industry staple: the shoe box. In June, Zappos switched out its well-known shipping…Read More

  10. Unilever buys Dollar Shave Club, enters subscription retail arena

    On July 20, consumer goods conglomerate Unilever purchased Dollar Shave Club, a subscription-based men's grooming startup, for $1 billion. On July 20, consumer goods conglomerate Unilever purchased Dollar Shave Club, a subscription-based men's grooming startup, for $1 billion, The New York Times reported. The all-cash transaction shocked many in the retail industry, as the final sale price was fiv…Read More