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Retail Will Play Major Role In Vaccine Distribution

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As various governmental agencies, healthcare organizations and drug companies step up their efforts to get vaccines distributed, it looks like retail will have a major role to play. Among the retailers are Kroger, Albertsons, CVS, Walgreens and Rite Aid. Among the retailers are Kroger, Albertsons, CVS, Walgreens and Rite Aid.

Retail 151
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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

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Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

Retail 143
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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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How Cannabidiol Products Are Infusing Luxury Retail

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The legal cannabis industry is large as of the start of 2019 – and, according to most experts, it’s on track to get even larger. Somewhat less apparent, however, are the complexities that the “legalish” status of cannabis consumption creates for retailers that one might not immediately associate with legalized marijuana.

Retail 136
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Simon Property Group Looks To Raise $300 Million For Shell Company

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The move comes as the retail industry is reeling from a double blow: fallout from the pandemic and the great shift of consumer buying to online sales. Simon owns such properties as the upscale Copley Place in Boston. The new company will be a special purpose acquisition company (SPAC) called Simon Property Group Acquisition.

Groups 139
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Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In $1.3B Deal

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Boston-based Advent International , a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for 1 billion euros ($1.3 But the firm said it cannot predict how a global economic downturn would impact consumer spending or how badly it could hurt its operations. “I

Boston 141
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As Bill Payments Go Digital, The Rental Industry Still Lags

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That growth came, in part, at the expense of bill-paying sites and services operated by banks. It cites a figure from the Federal Reserve Bank of Boston that says more than 80 percent of rent payments are made via cash or paper checks. The rental industry could well be the next market to undergo that shift.

Industry 105