Retail

Sears Holdings finally admitted it probably can't survive as a going concern this week, Sears has lost over $10B since 2010 - when it last showed a profit - and owes over $4B to its creditors.

Walmart is creating a startup incubator charged with developing cutting-edge retail technologies as part of a wider drive to modernize its supermarkets and challenge Amazon in the online digital e-commerce sector.

For JDA’s fourth annual Retail CEO Survey, we asked more than 350 retail and consumer goods CEOs from the world’s largest and smallest players, across different segments in both mature and emerging markets around the world to share their views of the key trends shaping their business.

What will shopping be like in 10 years? No one knows all the details (that’s exciting!), but one thing is for sure: it will be very different than it is today.

The research and quantitative assessment underpinning this report emphasize that digital transformation could unlock immense value for the retail and CPG industry over the next decade.

Retailers and their suppliers need to find new ways to deliver value and unique services to consumers.

Amazon says they had the best holiday season ever - shipping more than one billion items around the world, Forbes reports Amazon sold enough Alexa devices and 4K TVs to reach the peak of Mount Everest more than nine times.

Using the same technologies as in self-driving cars, Amazon is testing a grocery store in downtown Seattle that lets customers walk in, grab food from the shelves and walk out again, without ever having to stand in a checkout line.

NRF's second annual Retail Holiday Planning Playbook builds on themes to help retailers tackle the upcoming holiday planning.

According to the National Retail Federation’s Cyber Monday Expectations Survey conducted by Prosper Insights & Analytics over the weekend, 122 million Americans plan to shop online on Cyber Monday, up from the 121 million who planned to participate last year.

Exceptional savings and promotions encouraged more consumers to shop over the holiday weekend, with more than 154 million consumers shopping over Thanksgiving weekend, up from 151 million shoppers in 2015.

$1.2 Billion Spent via Mobile Devices; Top Selling Products Include Apple iPads, Samsung 4K TVs and Lego Creator.

On Tuesday, according to new numbers, U.S. retail sales rose more than expected in October, pointing to sustained economic strength that could allow the Federal Reserve to raise interest rates next month, the Commerce Department added in a report that retail sales increased 0.8 percent last month.

Digital isn't just driving e-Commerce... it’s getting shoppers into stores, and the digital influence doesn’t end at the entrance to the store either.

Macy's plan to shutter nearly 14 percent of its stores is the latest illustration of the gut-wrenching changes facing traditional retailers losing ever more ground to online rivals - is this the end of retail as we know it?

They say they want a revolution, and as digital disruption continues to upend retail and global consumers are more empowered than ever, retailers are struggling to remain relevant.