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Can Retail Investments Keep Up With Changing Consumer Desires?

PYMNTS

Thinking about the future, even in the most optimistic of times, is not always a pleasant exercise in crafting dreams and goals. The uncertainties ahead come as the retail industry is already grappling with challenges posed by shifting consumer tastes.”. Hard, cold choices are usually involved. More Consumer Appeal.

Retail 131
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Fleet Feet: Running Shoe Retailer Sprints With Technology

PYMNTS

Americans are exercising through the pandemic. The pandemic seems to have had a strong positive impact on participation in the entire sport of running,” Fleet Feet’s Director of Retail Experience Matt Werder told PYMNTS. While stores were closed, Fleet Feet saw tremendous growth in its online business.

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Walgreens Adds To Digital 3.0 Momentum

PYMNTS

The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. pharmacy brand) access to customer data as they navigate online channels and provide consumers with more eCommerce options from the brands. “At

Exercises 249
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Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’

PYMNTS

In a move that caught much of the world off guard, athleisure giant Lululemon announced plans this week to buy home-exercise technology startup Mirror for an impressive $500 million. The world of personal fitness might never go back to a time where brick-and-mortar gyms were the central hub of exercise.

Exercises 195
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Smart Watches, Run Hubs And New Balance’s Retail Reset Button

PYMNTS

Said simply, New Balance is rethinking athletic footwear retail — how to sells shoes, where to sell shoes and how to carry on its relationship with its customers across channels — and in between sneaker replacements. The Run Hub is our strategic attempt to continue to innovate and invigorate the sport of running and the running community.”.

Retail 100
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Fitness Centers Stretch Their Business Models, Build New Strengths Amid COVID-19 Pandemic

PYMNTS

Exercise enthusiasts must thus avoid gyms and fitness clubs, causing income shortages for fitness firms that traditionally rely on membership subscriptions, training revenues and retail sales during customer visits. Reaching out online is helping clubs endure the shutdown. Flexibility Training for Business Formats.

Exercises 164
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Will The Fitness Industry’s Digital Shift Stick Once The Pandemic Is Over?

PYMNTS

Americans have a complicated relationship with physical fitness, particularly when it comes to getting enough exercise. There’s nothing like being in a class physically with a community and an instructor. One might assume the firm was perfectly positioned for the rapid shift to home-based exercise. It’s not the same, right?”

Exercises 141