Corporate Strategy

Articles about retailer strategy and corporate moves.

  1. Corporate Strategy
In an era when ecommerce is reshaping retail, platforms like Shopify have emerged as indispensable allies for businesses large and small. Shopify, originally a beacon for small and medium-sized enterprises, is now expanding its reach to larger corporations. However, this expansion brings to light a critical issue for CFOs and finance teams: the intricate and […]
  1. Corporate Strategy
Just a few weeks after making real-world products available for sale within Roblox, Walmart has debuted Walmart Realm. This immersive experience features three distinct shopping environments designed around social trends and influencers: the underwater world of So Jelly, vintage Americana at Y’allternative and chic beauty and fashion at Go Chromatic. “It’s fantastical, it’s inspirational and […]
  1. Corporate Strategy
Augmented reality (AR) has evolved from a novelty into a critical investment for retailers that want to capture audience attention and dollars. Businesses that offer AR-driven experiences are 41% more likely to capture consumer attention than those that do not, according to Deloitte, and 66% of consumers are interested in using this tech while shopping. […]
  1. Corporate Strategy
As the Grocerant Guru®, I’ve seen how the lines between grocery stores and restaurants have blurred, creating a new dining paradigm that’s perfectly suited to solve the Memorial Day meal dilemma. As we approach this long weekend, families across the United States are preparing for celebrations and gatherings. Yet, the perennial question looms: what to […]
  1. Corporate Strategy
In career and in life, a key is to maximize optionality. It is important to ensure that except for a life partner, one is not so dependent on a single platform, company, supplier or approach that we loses agency over our future choices. Optionality also matters across a range of areas in order to remain […]
  1. Corporate Strategy
RTIH Editor, Scott Thompson, brings you his top ‘future of retail’ systems launches and deployments from the past week, including Walmart, Hugo Boss, Zippin, Tesco, PepsiCo, The LEGO Group, M&S, Polytag, DoorDash and Ulta Beauty. Hugo Boss Hugo Boss has unveiled Hugo Boss XP, an omnichannel membership experience based around the brand’s customer app. This […]
  1. Corporate Strategy
In the retail world, a unique type of theft has been steadily increasing: pushout theft. This phenomenon, where shoplifters brazenly wheel out carts laden with unpaid merchandise, is causing significant financial strain on retailers. As this form of theft becomes increasingly sophisticated, the industry is scrambling to find effective solutions. Rising Rate of Pushout Theft […]
  1. Corporate Strategy
Editor’s Note: As the Retail Innovation Conference & Expo (RICE) nears, we’re highlighting recent coverage of some of the speakers and companies that will be taking the stage in Chicago, June 4-6, 2024. Brendon Garner, Co-founder and Chief Product Officer of KIKI, will discuss the future of loyalty with Kelly Cook of David’s Bridal and Bobby Stephens of […]
  1. Corporate Strategy
Don’t miss your chance to enter (free of charge) the leading awards event for the retail tech space. Deadline for 2024 RTIH Innovation Awards entries is late October with our 2024 winners being announced at an awards ceremony in Central London on Thursday, 21st November. The awards celebrate global tech innovation in a fast moving […]
  1. Corporate Strategy
Walmart+ has added a new membership benefit designed to appeal to the more than 75% of its members who are pet owners: 24/7 veterinary telehealth services offered in partnership with Pawp. The retailer piloted the offering last year and it became the loyalty program’s most successful limited-time offer of 2023. Key features of Pawp for […]
  1. Corporate Strategy
It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Polytag, Marks and Spencer, Retail Insight, The Home Depot, Hugo Boss, Zippin, and OneStock. 1. Polytag announces single-use […]
  1. Corporate Strategy
BENTONVILLE, Ark. — Walmart+ is teaming up with Pawp to introduce a new telehealth benefit to its pet-owning members. Starting later this year, Walmart+ members will have 24/7 virtual access to Pawp’s team of veterinary professionals, providing unparalleled convenience and peace of mind. This new benefit provides a free pet health service for Walmart+ members […]
  1. Corporate Strategy
ARLINGTON, Va. — The National Association of Chain Drug Stores (NACDS) is calling attention to a new policy paper published by the Global Healthy Living Foundation (GHLF) highlighting the important role pharmacists play in making vaccinations accessible to adults in the United States. The paper — “Challenges in Adult Vaccination: Policy Strategies for Sustaining Access […]
  1. Corporate Strategy
Not all e-commerce orders are successful with the delivery being made. Some products have issues that are revealed only when the package is opened, some customers often end up becoming unhappy with the product or delivery, etc.  Mind you, these are not isolated incidents, 30% of all e-commerce orders are returned by consumers (2x -3x […]
  1. Corporate Strategy
StrongPoint reports that Belgian retailer Collect&Go, Colruyt Group’s online shopping service, is trialling its grocery lockers for e-commerce orders.  The lockers will be installed at a number of Colruyt Group locations, providing customers with a way to collect their online groceries. “We are thrilled to partner with Collect&Go, Colruyt Group’s online shopping service, and have […]
  1. Corporate Strategy
PROVIDENCE, R.I. – United Natural Foods Inc. is launching a first-of-its-kind Retail Media Network for independent and regional grocery retailers across the United States. The UNFI Media Network (UMN) is powered by Swiftly, a leading provider of innovative retail technology, tools, and solutions. The move is intended to bring cutting-edge retail technology solutions to UNFI’s […]
  1. Corporate Strategy
ZAANDAM, the Netherlands — Ahold Delhaize is entering a sponsorship with the Global FoodBanking Network (GFN), an international non-profit organization dedicated to hunger relief while reducing food loss and waste. Beginning in July, Ahold Delhaize will contribute to GFN’s mission of supporting community-led food banks, which are crucial in redirecting surplus, nutritious food to those […]
  1. Corporate Strategy
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) said today that it has sold about $400 million worth of shares in Cencora, reducing its stake in the drug wholesaler formerly known as AmerisourceBergen. With the transaction, Walgreens Boots Alliance’s ownership of Cencora’s common stock has decreased from approximately 13 percent to approximately 12 percent. Walgreens Boots Alliance said […]
  1. Corporate Strategy
The Children’s Place President and CEO Jane Elfers has left the company, effective May 20, 2024. Board Director Muhammad Umair has been named President and Interim CEO as the retailer seeks a permanent replacement for Elfers. Umair, who joined the board in February 2024, was most recently a Senior Advisor for Origin Funding Partners, a […]
  1. Corporate Strategy
UK-based Dormole, whose brands include Toolbank, Forgefix and Faithfull Tools, has appointed Steven King as Group IT Director. He joins from Seasalt where he held the role of Director of Technology. His CV also includes stints at Kurt Geiger (as Head of Technology) and Travis Perkins (as IT Development Manager). In a LinkedIn post, King […]
  1. Corporate Strategy
In the dynamic world of retail, the ability to navigate seasonal fluctuations can make or break a business. From the bustling holiday season to the quiet lulls in between, managing cash flow during these ebbs and flows is a critical challenge. By implementing strategic financing strategies, retailers can position themselves for consistent growth and long-term […]
  1. Corporate Strategy
TikTok has given us “girl math” and “boy math,” and now I’d like to add “Tech Math” to the mix. Tech Math is when every technology partner tells you that they have contributed (fill in the blank) $XX million in additional sales…and yet, surprisingly, the business isn’t up nearly as much, if at all.  Despite […]
  1. Corporate Strategy
Frozen fizzy drinks brand Skwishee is launching a Free Skwishee Day promotion on Saturday, 25 May. The promotion allows customers to visit any one of the 200+ Skwishee stockists nationwide and receive a cup of Skwishee for free. The event-driven marketing strategy of Skwishee sets… This story continues at Free Skwishee Day event announced Or […]
  1. Corporate Strategy
WOONSOCKET, R.I. — CVS Corp. co-founder Stanley Goldstein passed away yesterday at the age of 89. The company he helped build is a foundational component of what is now CVS Health, a leading health services company that is committed to building a world of health around every consumer. Stanley Goldstein “All of us at CVS […]
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  1. Corporate Strategy
Consumer Price Index inflation slowed to 2.3% in April, down from 3.2% in March, albeit higher than expected, according to the Office for National Statistics. It’s the lowest level since the summer of 2021, versus 3.2% in March. The news follows yesterday’s announcement from Kantar… This story continues at Industry reacts to CPI inflation dipping […]
  1. Corporate Strategy
MINNEAPOLIS—Target reported that first-quarter sales were down compared to last year, as it had projected. However, the company expects sales to turn positive in the second quarter and for the year as a whole. Comparable sales declined 3.7% in the first quarter, reflecting a comparable store sales decline of 4.8% partially offset by a comparable […]
  1. Corporate Strategy
Petco, partnering with Van Leeuwen Ice Cream and human-grade dog food brand Ollie, will offer canine-safe ice cream for hot dogs seeking a cool treat. The non-dairy peanut butter and banana recipe is now available at Van Leeuwen scoop shops across the country, as well as at most Petco locations and online at petco.com for […]

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