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Why Consumers Are Firing Traditional Retailers

PYMNTS

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 172
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Why Health And Beauty Retailers Are Driving Digital Innovation

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Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. More than six in 10 health and beauty firms — or 61.7

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Retail Pulse: Wayfair Opens Mall Store; Banana Republic Unveils Style Passport

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Online furniture retailers are stepping further into the world of physical retail with permanent brick-and-mortar stores. Wayfair , for instance, opened a store at the Natick Mall in suburban Boston, where consumers can experience products firsthand before making a purchase, after debuting a pop-up shop there last year.

Retail 109
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How Cannabidiol Products Are Infusing Luxury Retail

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Worldwide legal cannabis products represented a $55 billion market in 2018, and most analysts estimate that it will have nearly tripled to reach $147 billion by 2025. the domestic market for legal cannabis in 2018 was $9.1 Here in the U.S., By 2025, estimates put it in the $15 billion range.

Retail 136
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Why A Chicago Startup Is Tying Its Future To Physical Retail

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Brick-and-mortar retail oftentimes gets a bad rap in 2018. Last year saw store closures spike 200 percent to 7,000 — the worst retail bloodletting since the dark days of the 2008 recession. The widely shared consensus is that this could all get quite a bit worse for physical retail before it gets better.

Chicago 102
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Retail Pulse: Allbirds Unveils Manhattan Flagship; Amazon Go Opens Third Store

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Shoe brand Allbirds , in particular, has brought a large retail space in New York City. cities, such as Boston and Los Angeles, for additional brick-and-mortar locations. With an increase in brand awareness from the retail stores, its eCommerce sales have risen.

Retail 100
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Indochino Eyes Expansion In 2019

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as well as a second Boston location and a fourth in the Greater Toronto Area, according to Chain Store Age. Boston’s Seaport district and Roseville are scheduled to open in March. When Indochino made the transition from a digital-only to an omnichannel retailer, it chose to open smaller stores called showrooms. Manhasset, N.Y.;

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