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Google Goes Global With Free Retail Ad Initiative

PYMNTS

Retailers across Europe, the Middle East and Africa will be able to post ads for free on Google’s Shopping tab starting in mid-October. The offer also extends to retailers who are already paying to place ads on Google’s Shopping tab , wrote Matt Brittin, president of Google’s operations in Europe, the Middle East and Africa.

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New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’

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Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. The company said that while retailers often come up with innovations , “bringing these ideas to in-store trials, iterating them quickly and rolling them out at scale takes years.

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Retail Lease Defaults Have Ripple Effect

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As it does during the first week of every month of the pandemic, attention turns to retail leases. This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. Retail Properties of America, Inc. percent of Q2 2020 rent as of the end of June.

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How Retail Underdogs Can Avoid An Amazon Holiday Blowout

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But the same technology that enables those transactions also can bring the benefits of consumer intimacy to small and medium-sized businesses (SMBs) that are often struggling to win more market share in a retail world dominated by the likes of Amazon, Walmart and other large retailers. That might sound obvious.

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Today In Retail News: Philadelphia Mall Reopens, Ralph Lauren Cuts Workforce

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In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America offers space to local businesses. The transformation plan, according to the company, aims to attract younger consumers, drive targeted expansion, lead with digital and operate more efficiently.

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Bangladesh Clothing Suppliers Lost $3.7 Billion From Pandemic

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The pandemic hit Bangladeshi clothing suppliers and the country's overall economy hard when British fashion retailers had to shut down, a report from The Times said. Non-essential stores were forced to close in March, and canceled orders from fashion retailers totaled 730 million pounds (about $984 million), according to the report.

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Smile! Retailers Want To Take More Of Your Pictures

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That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. Security Cameras.

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