Walmart Pickup discount is proving less effective than intended due to Amazon's aggressive price-matching algorithm. RNG examined the prices of 20 SKUs eligible for Walmart’s Pickup [...more]
Amazon will acquire Whole Foods for $13.7 billion after previously exploring and abandoning the [...more]
RNG is constantly tracking the newest and most innovative store formats and developments from [...more]
As Lidl prepares for market entry on June 15th, Planet Retail RNG previews the launch [...more]
Target reopened 8 renovated stores in the Dallas/Fort Worth area as part of a $220 million investment to remodel stores in that area. While these stores are not the fully reimagined stores announced earlier this year, the renovated stores still include some of the new updates featured of the Next Generation store design. Updates include new cross-product visual merchandising across various departments, a revamped grocery department with wood-grain fixtures and updated flooring and lighting, an order pickup counter, and additional self-checkout lanes.
Croatian supermarket chain Konzum has announced that it will close between 80 and 100 stores in the country. The retailer has been closing stores every year, but this year will be more intensive because the profitability of the stores is in focus [...more]
Shoprite is planning to expand its Locally Grown program, which encompasses a wide range of products through the supermarket including meats, produce, beer and more.
IKEA has announced that it is collaborating with Apple for an augmented reality (AR) furniture app, which aims to help customers picture how a product will look in their home before purchasing it. The app is slated to launch in fall 2017, and [...more]
Ulta has been using data on its shoppers' past purchases to help figure out what rewards and perks to give to members of its loyalty program.
Casino's Latin American business group Grupo Exito announced that it opened 7 stores this month, creating about 400 jobs.
Chinese online marketplace JD.com has invested $397 million USD into Farfetch, a London-based online marketplace for luxury fashion. Along with the investment, JD.com [...more]
The Food and Drug Administration has announced that it will be piloting a new approach towards regulating digital health technology in the fall. The pilot program is still being developed and is looking to develop a third-party certification [...more]
Dollar General has announced that Jason Reiser will be joining the company as Executive VP and Chief Merchandising Officer effective July 12. Reiser replaces Jim Thorpe who recently retired. Reiser most recently served as Executive VP and COO at [...more]
Dollar General has announced that Carmen Wenkoff will join the company as Executive VP and Chief Information Officer effective July 10. Wenkoff replaces CIO Ryan Boone, who recently announced his retirement.
Russian retail chain has appointed Elena Fomina as its new Chief Marketing Officer. Fomina will oversee a number of key functions including brand management, customer loyalty engagement, consumer communications, and trade marketing.
Ebay will now match prices on over 50,000 select items online. Items qualifying for the Price Match Guarantee must be unopened and sold through eBay Deals. Deals are trending inventory that come from trusted sellers and are already often offered [...more]
Belgium’s Colruyt Group has reported a 3.4% increase in FY16 sales to €9.4 billion ($10.5 billion USD). The performance was boosted by the acquisition of French foodservice business Pro `a Pro, which was completed in February. The retailer noted [...more]
Amazon plans to expand available assortment on its Brazilian marketplace in the coming months. Currently Amazon Brazil is only a Kindle Store. Amazon made a similar move in Mexico in 2015 and plans to do the same in Australia this year. Amazon [...more]
Sephora is planning to open a new distribution in northern Mississippi this summer and plans to hire 400 people to staff the warehouse over the next 5 years.
Adidas - New York, NY - Jun 2017
Lidl - Hampton, VA - June 2017
Uncle Giuseppe’s - Ramsey, New Jersey - June 2017
SuperTarget - Plano, Texas - Jun 2017
Lidl - Winston-Salem, NC - June 2017
We track the latest and most innovative retail developments and topics that promise to impact your future business. From new store prototypes and technology breakthroughs to perspective on the shifting retail landscape, this is your stop for what we believe to be the most transformational topics that you need to be preparing for.