News

Target launches low-price private brand — with some items under $1
Target Corp. is targeting budget-minded consumers and moving into the dollar and extreme discount space with its newest owned brand.
Shop ‘n Save personalizes cash back promotions
A mid-Atlantic grocery co-op chain is partnering with a cash back app.

Neiman Marcus optimizes merchandising with machine learning

Neiman Marcus is utilizing artificial intelligence (AI) technology to improve pricing and merchandising decisions.
Investor group takes majority stake in The Children’s Place

An investor group has taken an unsolicited stake in The Children’s Place.
URW details Westfield Old Orchard redevelopment

The project will break ground next year, adding residential units, a park and event space, and new retailers and restaurants.
Asian e-commerce platform to acquire Wish for bargain price

One of the world’s largest mobile e-commerce platforms has reached an agreement to be sold.
CEO of Macerich to retire; successor named

Thomas O'Hern's chair will be filled by former Spirit Capital Realty CEO Jackson Hsieh.
Church's Texas Chicken accelerates remodeling initiative amid expansion

The San Antonio-based chicken chain said it is further accelerating its efforts to remodel existing restaurants under its “Blaze” design concept.
Survey: Retailers optimistic; new store openings up

An annual survey finds retailers optimistic about the future despite inflation and pricing concerns.
CBL intros online access to entire retail inventory at two malls

AI-based “Inventory Insider” leads mall shoppers to the exact item they’re looking for—even if they’re not sure what it’s called.