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Legacy Brands’ Retail Shelf Space Is Shrinking

PYMNTS

Legacy brands like Clorox and General Mills are facing increased competition due to store placement by retailers using their own data gathering practices to see what customers prefer to shop for and how they behave in stores, according to a report by The Wall Street Journal.

Branding 181
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Commerce Principal Quoted in ForresterNow Report

Perficient

Mike Rabbior, Perficient’s Principal and Commerce Chief Strategist, was quoted in two separate sections of the ForresterNow Marketers: Make Sure B2B Marketplaces Are On Your Radar report. Tailoring a Specialized Marketplace Strategy. Would you put up the same signs? Probably not.”. Conditional Promotional Factors.

Report 495
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Today In Retail: Walgreens To Launch Co-Branded Cards; Big Lots Reports Rise In Quarter-To-Date Comp Sales

PYMNTS

In today’s top retail news, Walgreens is growing its financial services offering with the help of Mastercard and Synchrony, while Big Lots, Inc. Plus, Target reported that comparable digital sales increased by over 100 percent over the holidays. Walgreens To Roll Out Co-Branded Cards With Mastercard, Synchrony. Big Lots, Inc.

Retail 165
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Nike, Other Major Brands Report Millions In Bad Debt Charges As Retailers Struggle To Pay

PYMNTS

The impact of COVID-19 on retailers is obvious as companies report plummeting sales, but the pandemic has also delivered a blow to the middlemen, which include makers of apparel and accessories, The Wall Street Journal reported. Typically, retailers have 30 days to pay for products provided on credit. Others, such as J.

Retail 167
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Authentic Brands Could Buy Arcadia Group And Debenhams

PYMNTS

Authentic Brands is said to be in talks with Debenhams and Arcadia Group administrators, with unnamed sources claiming that the retail company is mulling a bid for the Sir Philip Green retail empire and the retailer, Retail Gazette reported.

Groups 224
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AI-Powered Robots Help Retailers Build Cleanliness As ‘Brand Value’

PYMNTS

Picture, instead, fleets of utilitarian machines, squat, careful and not at all threatening, rolling through retailers’ aisles, hospital wings and other avenues of everyday human life. told Karen Webster that retailers and other firms are going to need to consider “cleanliness as a brand value.”. Brain Corp.

Retail 247
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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

PYMNTS

Designer Brands Inc. reported that net sales plunged by 44.7 The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. In separate news, retailer Express Inc. percent to $482.8 Comparable sales fell 42.3 Comparable sales fell 42.3

Branding 141