FORT_1170x120_9-15-20

e-commerce

Walmart E-commerce CEO Lore is departing

BENTONVILLE, Ark. — Marc Lore, who helped spearhead Walmart’s transformation into an omnichannel retailer, is leaving the company on January 31. He will continue to serve Walmart as a strategic advisor until September, the company said. In a company email, Walmart president and chief executive officer Doug McMillon credited Lore with helping accelerate Walmart’s e-commerce

Retail sales grew 3% this holiday season

Retail sales grew 3% this holiday season

PURCHASE, N.Y. — Retail sales grew 3% this holiday season, according to preliminary data from Mastercard SpendingPulse, which attributes the size of the increase to an expanded holiday season and strong online sales. Year-over-year sales growth was up 2.4% for the traditional holiday shopping period of November 1 through December 24, according to the study,

Rite Aid, Adobe partner to drive digital transformation

Rite Aid, Adobe partner to drive digital transformation

CAMP HILL, Pa. – Rite Aid Corp. has entered into a strategic partnership with Adobe to deliver seamless, personalized and connected health and wellness experiences for Rite Aid customers via Adobe Experience Cloud, the industry’s leading end-to-end solution for experience creation, marketing, advertising, analytics and commerce. Adobe Experience Cloud will enhance Rite Aid’s ability to

Omnichannel a work in progress

Omnichannel a work in progress

The transformation of the retail business continues apace, but the outright revolution promised by the adherents of e-commerce and digital media still appears to be a ways away. That’s one of the insights gleaned from new research conducted by the National Retail Federation (NRF) and Forrester. Based on responses from 69 retailers — a mix

The impact of digital technology in the physical store

The impact of digital technology in the physical store

Editors’s note: In this article, the first of a new series on all things digital retail, the authors examine how retailers can prepare to lead in the space they ­occupy. Much has been said about the convergence of e-commerce and brick-and-mortar. Omnichannel finds its way into nearly every article about retail today. And why not?

New course charted by retailers

New course charted by retailers

The shuttering of brick-and-mortar stores and the continued explosive growth of e-commerce have led to an ongoing series of news articles suggesting that hard times are ahead for the retail industry. One of the latest appeared in Bloomberg earlier this month under the headline “America’s ‘Retail Apocalpse’ is Really Just Beginning.” The article argues that

Disruptive change is industry’s new norm

Disruptive change is industry’s new norm

The established order in mass market retailing has been shaken in recent years by the emergence and increasing prominence of Amazon and other e-commerce alternatives to brick-and-mortar stores. Online merchants continue to make inroads in one category after another — everything from books, (the foundation of Amazon’s business) and home entertainment to apparel and groceries.

Albertsons names Iyengar senior VP of digital

Albertsons names Iyengar senior VP of digital

BOISE, Idaho — Albertsons Cos. has appointed Narayan Iyengar as senior vice president, digital marketing and e-commerce. In this role, he will be responsible for leading all aspects of digital marketing, including loyalty programs, shopper marketing and the overall digital presence, as well as the e-commerce business, which includes home delivery. “As a company, we’ve

Once again, Amazon aims to raise the bar

Once again, Amazon aims to raise the bar

Amazon is once again jolting the status quo in mass market retailing. The e-commerce pioneer, which has done more than any other company to transform consumer expectations and the way people shop, early this month took the wraps off an experimental brick-and-mortar store format with the potential to revolutionize the grocery shopping ­experience. Amazon Go,