Partnerships & Alt Profit

Articles about partnerships in retail, additionally retailers with alternative revenue streams outside of selling stuff. (retailer media, data, services, etc.)

  1. Partnerships & Alt Profit

C-Store Chain Tweets Opposition To Anti-Trans Legislation

Them, a news site that defines itself as serving and reporting on the  LGBTQ+ community, has story saying that “in the face of increasingly draconian anti-trans legislation, some unlikely (or extremely likely, depending on how you see it) allies have emerged.” One of them is the convenience store chain Kum & Go, which “tweeted its […]
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  1. Partnerships & Alt Profit

UK Retailer Considers End To 100% Employee Ownership

The Guardian reports that the John Lewis retail group in the UK, which is 100 percent employee-owned, “is in the early stages of exploring a plan” that would change the ownership structure of the company as it tries to raise the equivalent of more than $2 billion (US). The money, Bloomberg reports, “would go toward […]
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  1. Partnerships & Alt Profit

How LePrix is Using Tech to Advance Luxury Wholesale

Retail TouchPoints has been studying and reporting on the evolution of resale for years. Over this time, we’ve seen consumer behaviors shift and demand accelerate, which means retailers have had to rethink the way they research and source “pre-loved” goods. How do they find the right wholesale partners? What are the risks they face while […]
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  1. Partnerships & Alt Profit

Tech Stack Examples and Best Practices That Will Set You Up for Ecommerce Success DSI

“It’s important to think about this [a tech stack] as something that’s designed, orchestrated, measured, and improved over time, and being in pursuit of solving specific problems in specific ways, rather than a collection of one-off choices.” — Matt Powell, Chief Technology Officer, FTD To succeed on digital and physical shelves, brands need enabling technology. […]
10 min read
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  1. Partnerships & Alt Profit

Just Eat and Iceland team up to deliver rapid groceries

Food delivery app Just Eat has launched a new partnership with Iceland to bring affordable food to households across the UK. The partnership will initially launch with more than 200 Iceland sites by the end of April with over 5,000 products available to customers, in locations including London, Manchester, Belfast and Leeds with plans to […]
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  1. Partnerships & Alt Profit

Captain Morgan launches its biggest responsible drinking campaign to date

Captain Morgan is unveiling its biggest ever global responsible drinking campaign in partnership with multi-award-winning singer, songwriter and rapper Bree Runway, calling on people around the world to ‘Enjoy Slow’ and moderate their drinking. Following the launch of Captain Morgan’s Spice On campaign in Summer 2022, the latest global campaign features Bree Runway and her […]
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  1. Partnerships & Alt Profit

Lawsuit Claims Amazon Failed to Alert NYC Store Customers About Biometric Tracking

Amazon is facing a class action lawsuit alleging that the retailer failed to alert Amazon Go customers in New York City that they were being monitored by biometric tracking technology, including facial recognition. The suit states Amazon is in violation of a 2021 law that requires businesses in the city to post signs informing customer […]
2 min read
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  1. Partnerships & Alt Profit

REI Names New Chief People Officer, Promotes Merchandising and Private Label Execs

REI has hired Apple Musni as its new Chief People Officer, effective March 20, and promoted two executives to leadership positions: Chris Speyer has been named SVP and Chief Merchandising Officer, and Isabelle Portilla has been promoted to VP, Co-op Brands, effective immediately. Musni, most recently VP for Field People Experience and Recruiting at Chipotle, […]
2 min read
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  1. Partnerships & Alt Profit

BlackCurve bags £750,000 in funding to bring Amazon style pricing capabilities to SMEs in e-commerce

E-commerce pricing startup BlackCurve has secured £750,000 in new funding from investors including Nauta Capital and ACF Investors, bringing its total raised to £3.7 million.  Founded in 2017, BlackCurve’s technology enables retailers to evaluate and optimise their product pricing decisions. They can tap its platform to set rules that automatically change prices in reaction to […]
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  1. Partnerships & Alt Profit

Serta Simmons Seeks to Improve Inventory and Supply Chain Planning with New Tech

Mattress retail conglomerate Serta Simmons Bedding (SSB) — the owner of brands including Serta, Simmons, Beautyrest and Tuft & Needle — is working to transform its supply chain planning capabilities through a new partnership with Blue Yonder. By integrating Blue Yonder’s SaaS-based Integrated Demand and Supply Planning solutions into its existing Advanced Planning System (APS), SSB hopes to improve […]
2 min read
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  1. Partnerships & Alt Profit

Glossier Bolsters C-Suite with New Creative, Marketing and Commercial Officers

Beauty brand Glossier has expanded its all-women leadership team with three C-suite appointments, including the promotions of Marie Suter to Chief Creative Director and Kleo Mack to Chief Marketing Officer, as well as the hiring of former Chanel executive Chitra Balireddi as Chief Commercial Officer.  Suter joined Glossier in 2018 and has been behind much of Glossier’s […]
2 min read
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  1. Partnerships & Alt Profit

aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category

AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […]
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  1. Partnerships & Alt Profit

Kroger lands deal for self-driving truck deliveries

Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […]
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  1. Partnerships & Alt Profit

John Lewis will invest in RFID tech to improve stock loss

John Lewis Partnership is planning to roll out Radio Frequency Identification (RFID) technology to get “a real better visibility of [its] stock” as part of the company’s turnaround strategy. Naomi… The post John Lewis will invest in RFID tech to improve stock loss appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. Partnerships & Alt Profit

Shopify execs say Deliverr is key in building fulfillment network distinct from Amazon

Dive Brief: Shopify’s integration of Deliverr will help the company build out its fulfillment capabilities for merchants in a more cost-effective manner, CFO Jeff Hoffmeister said at Morgan Stanley’s Technology, Media and Telecom Conference last week. The addition of Deliverr, an e-commerce fulfillment and order storage provider, provides Shopify with an asset-light network of warehouse partners, along […]
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  1. Partnerships & Alt Profit

At KFC Gamers are Welcome

  Are you a Gen Z or Millennial Gamer? If you are KFC is looking for you, and has a gift.  That gift is a early beta access to play Diablo IV.  Now According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® one again the one-time leader within the grocerant niche is […]
3 min read
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  1. Partnerships & Alt Profit

Square Launches Accelerator Program for Black and Hispanic Retail Entrepreneurs

Forward, a new accelerator program designed to help Black and Hispanic retailers overcome systemic hurdles, will fund an inaugural cohort of 25 early-stage companies with $20,000 each plus exclusive access to training developed in partnership with 1863 Ventures. The Forward program is sponsored by Square along with Social Change Fund United (SCFU), which was co-founded […]
2 min read
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  1. Partnerships & Alt Profit

Morrisons and Jempsons partner to launch six new stores

Morrisons is partnering with independent retailer Jempsons to launch six new stores under its ‘Together with Morrisons’ brand. The first 35,000sq ft store will open in Peasmarsh, East Sussex later this Spring and five more will follow in due course. The ‘Together with Morrisons’ proposition is designed for independent store owners with established local brands […]
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  1. Partnerships & Alt Profit

The Price of Eggs Isn’t the Only Thing Grocers Are Managing These Days

According to FoodIndustry.com, the U.S. food market is worth $1.5 trillion annually, or roughly 4 percent of the domestic gross product. $800 billion of that revenue is from supermarkets and food stores. Compare this to the U.S. apparel market, which is estimated to be worth $318 billion (Statistica). And while the retail industry often focuses […]
5 min read
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  1. Partnerships & Alt Profit

The Value of Retail Media Networks

What do Mall of America, Kroger, Sam’s Club, Walmart, CVS, and Best Buy have in common? They’ve all added the fastest-growing ad-supported retail media channel to their marketing toolkit. Retail media networks (RMNs) — retailer-owned digital platforms that sell ad space — are expected to double over the next four years. How fast is the RMN […]
4 min read
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  1. Partnerships & Alt Profit

Waitrose online sales slump 27% as John Lewis Partnership makes hefty loss

Waitrose online volumes dropped 27% last year, with the decline in ecommerce hitting the grocer’s top line. The supermarket’s sales dropped 3% in its year to January 28, with online… The post Waitrose online sales slump 27% as John Lewis Partnership makes hefty loss appeared first on Latest Retail Technology News From Across The Globe […]
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  1. Partnerships & Alt Profit

From Product Descriptions to SEO: How Retailers are Putting Generative AI to Use

[Editor’s note: This is the third article in our series on AI in retail. Be sure to check out our other stories on consumer attitudes toward AI and store design applications.]  Since OpenAI debuted ChatGPT a little over three months ago, “generative AI” has become a hot topic and no industry has been left untouched […]
8 min read
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  1. Partnerships & Alt Profit

BJ’s Wholesale Club to Power Up Shelf-Scanning Robots at All Locations

BJ’s Wholesale Club has entered a partnership with Simbe to roll out the solution provider’s automated business intelligence robot, Tally, to all 237 stores. The retailer plans to utilize the AI-powered solution to provide greater visibility into club conditions and drive deeper business insights. Tally autonomously roams club aisles multiple times per day, leveraging its […]
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  1. Partnerships & Alt Profit

aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category

AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […]
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  1. Partnerships & Alt Profit

Kroger lands deal for self-driving truck deliveries

Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […]
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  1. Partnerships & Alt Profit

Albertsons Redesigns and Expands Open Nature Own Label Line

Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […]
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  1. Partnerships & Alt Profit

Dollar General investing $100M in its stores, with a focus on boosting labor

Dive Brief: Dollar General posted net sales of $10.2 billion during the fourth quarter of 2022, a figure that was up 17.9% compared with the same period in 2021, the discount retail chain reported Thursday. Comparable-store sales rose 5.7% year-over-year in Q4, while operating profit was up 17.1%. CEO Jeff Owen said Dollar General intends to invest about […]
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