Despite the growth of high-tech alternatives, cash remains a significant form of payment in the consumer economy. According to Statistica.com, 15 percent of customers in 2017 used cash to pay for their purchases in gas stations and convenience stores. In an industry with over $400 billion in annual revenue, it’s not hard to imagine the quantity of currency that must be counted, reconciled and deposited on a daily (or even semi-daily) basis.
NRF is proud to provide our members with the online Retail Buying Guide to search for trusted vendors, products and services in the retail industry. Our guide is a user-friendly forum designed to bring suppliers and purchasers together. You can search by keyword, location, company name or category. Available whenever you need it, the Retail Buying Guide makes it easy to locate products and professional services geared to the retail industry. Click here to visit the online Retail Buying Guide! To advertise, please contact Sarah Allen for more information.
In a time when life — and travel — is all about the unique experience, French hotel group AccorHotels has introduced the Flying Nest, a minimalist and perfectly Instagrammable mobile hotel built from shipping containers. The eco-friendly spaces can be installed in places where, say, hotel capacity has reached a saturation point. The concept was initially tested for business clientele at French cultural, sporting and artistic events, but this year could extend to the consumer market.
The digital transformation has ushered in a new era of data, which allows retailers to work smarter, innovate faster and serve customers better — but it has also introduced new risks. On this episode of NRF’s Retail Gets Real podcast, Sean Joyce, U.S. cybersecurity and privacy leader at PwC, talks about the cyber threats retailers need to be aware of and what consumers can do to protect themselves. Listen here.
In cities and towns across the country, small retailers are creating jobs, spurring economic growth and serving their communities and customers in new and innovative ways. In recognition of Small Business Week, NRF highlights some of these small business owners. Read more.
Cybercriminals around the world take hacking to the next level. To fight back, businesses hire cybersecurity and digital forensics expert Sherri Davidoff. The CEO of LMG Security and BrightWise Inc. helps businesses protect themselves and their communities from hacking threats. Ahead of her appearance at NRF PROTECT, Davidoff shares some thoughts about hacking, security and data protection. Read more.
Banana Republic has become the latest Gap Inc. brand to adopt cloud services by Oracle to drive operational agility and furnish business teams with better intelligence.
Hudson Group, a leader in North American travel retail, is partnering with Joe & The Juice, a Scandinavian juice phenomenon, to open two locations at Vancouver International Airport as part of Hudson’s accelerated food and beverage expansion.
Fabletics, the innovative active-lifestyle brand co-founded by Kate Hudson in 2013, is making its New York City debut with the opening of a pop-up shop in SoHo, kicking off the brand's 2019 retail expansion which will include 12 new permanent retail stores throughout the United States.
Australia-based Rip Curl, a retailer of high-tech surfing sportswear, is replacing its legacy PLM system with Andromeda PLM® from New Generation Computing Inc., a provider of digital supply chain solutions for retailers and brand owners.
Punchh, a leader in digital marketing solutions for physical retailers, has announced the launch of Punchh WiFi Marketing to help bricks-and-mortar retailers identify potential new customers and market to them in real time.
Elizabeth and James and Kohl’s have entered into an exclusive partnership to bring the Elizabeth and James brand, founded by Mary-Kate and Ashley Olsen, to Kohl’s stores nationwide and Kohls.com.
Bluecore, a retail marketing technology company with more than 400 retail customers, has expanded its partnership with Google Cloud to provide retailers with a solution that can easily connect their products to consumers based on the unique needs, behaviors and affinities of each audience segment.