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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.

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Toy Fair Takes Business Into Its Own Hands

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In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. It will be a series of virtual market weeks to help businesses connect with customers at a time when in-person events are impossible to hold. 17 to 23 and Sept.

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Retailers Take Omnichannel Approach To Loyalty Programs

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With the rollout of savings tied to Amazon Prime in Whole Foods Market , which Amazon bought in 2017, loyalty programs are expanding beyond the supermarket to encompass more than groceries and have a built-in audience. And now, Amazon is bringing its annual retail holiday “Prime Day” to Whole Foods. Competing On Price.

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Gold’s Gym Files For Chapter 11 Bankruptcy

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The Wall Street Journal reported that the Dallas-based chain will permanently shutter 32 corporate-owned gyms and restructure its balance sheet. Bankruptcy Court in Dallas. Louis, Alabama and Colorado Springs markets. Gold’s Gym International Inc. ” Still, it’s unclear whether gym enthusiasts will be willing to return.

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CVS Health On Track To Rehab Over 1,000 Stores

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With CVS Health on the path to meeting its goal of revamping more than 1,000 of its stores, the health retailer is reportedly seeing positive early results. CVS rolled out three HealthHUB concept stores in Texas close to the conclusion of 2018 and grew the offering to 50 locations in four markets by the end of last year.

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Why Designer Handbag Reseller Marque Luxury Is Opening Brick-and-Mortar Showrooms

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Marque recently opened a Manhattan showroom – its fifth physical site added in the past 18 months – and will cut the ribbon on a sixth one in Dallas on Feb. The firm, which sells to both wholesale and retail customers, also expects to add about four additional U.S. A Growing Market . COVID-19 Has Been Good for Business .

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‘Costco For Millennials’ Attracts Big Investors

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A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.