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Today In Retail: Bed Bath & Beyond Completes Sales Of Cost Plus World Market; Starbucks To Help Out Washington State With Vaccine Distribution

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In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. Bed Bath & Beyond Finishes Sale Of Cost Plus World Market To PE Firm. The count of U.S.

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Today In Retail: Amazon Grows Palm Biometrics In Washington State; Toyota, Lexus Take Control Of Online Buying Platforms

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In today’s top retail news, Amazon Go stores in Seattle are reportedly being equipped with Amazon One palm-reading scanners, while automotive brands are taking control of digital purchasing platforms. The clothing market is a quickly evolving place, a fact showcased by Amazon’s quickly increasing share of the market.

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Report: Washington Post’s Arc Publishing On Delivering Digital Payments Choice

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Consumers are showing little interest in returning to in-store shopping six months into the pandemic, leading retailers around the globe to double down on their digital capabilities to convert these new digital-first shoppers. The trouble then becomes how to maintain and manage payment systems that use multiple payments integrations at once.

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As Virtual And Augmented Reality Rise, Retail Use Cases Come Into Focus

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Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. Larger Trends.

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Verizon, Microsoft Partner To Accelerate 5G Technology

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Verizon and Microsoft have teamed up to accelerate the delivery of private 5G networks for businesses, announcing a collaboration they said will transform the retail, transportation, logistics, manufacturing and healthcare industries. The 5G Killer App Debate.

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Malls Embrace Modular Retail Tenants

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In one case, real estate investment trust (REIT) Macerich is bringing a concept called BrandBox to its Tysons Corner Center mall in a Washington, D.C. The space can appeal to digital native brands that might want to dip their toes into the world of brick-and-mortar retail. Mall Owners Get Flexible With Spaces.

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RILA On How United States Retailers Are Responding To Changing Privacy Rules

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California Consumer Privacy Act (CCPA), Washington Privacy Act (WPA) and other new privacy and online transaction standards are changing how businesses interact with consumers’ data in the U.S. states are starting to implement new standards, too, with the CCPA introduced two months ago and WPA on the path to ratification in Washington.