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Today In Retail: Birkenstock Might Sell To CVC; Cognira Releases AI Suite For Retail

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In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Plus, Jennifer Lopez is depending on Flowcode for marketing of her new JLo Beauty brand. Cognira Rolls Out AI Promotion Suite For Retailers.

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Upscale UK Retailers Look To Land In US Market

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s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

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Middle-Market Retailers Optimistic About Digital Sales

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Harris Poll and CIT Group, a provider of commercial lending and leasing services, recently released the results of a survey they conducted on how middle-market retailers felt about their sector’s financial health. This was followed by social media presence and digital marketing, with 57 percent and 50 percent, respectively.

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Eastern Europe Online Retail Sales Continue Double-Digit Growth

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According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. Cards are the most common means of online payment in Turkey, Russia and a few other Eastern European countries.

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Revving Up The Latest Retail Trends With Autos

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Auto sales are driving retail trends, as online marketplace and auction site eBay has released a new eBay Motors app. At the same time, Carvana , a firm that allows consumers to browse and purchase vehicles online, has added a new virtual financing option. Data: 2015: The year the previous eBay Motors app was discontinued.

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Retail Sector To Boost Mobile POS Terminal Market Value To More Than $103B By 2023

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A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

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Grocery Tracker: Food Markets’ Lag In Online Presence

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Grocery retailer Winn-Dixie opened a second location of its next-gen, upscale store concept in Tampa, Florida, in the beginning of November. In other organic grocery news, former Sprouts Farmers Market CEO and current Chairman Doug Sanders is reportedly stepping down from his board position effective Feb. 20 of next year.

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