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Tech, Talent, and Partner Innovation is the Secret Sauce for Retailers to Stay Competitive

Retail TouchPoints

Put mildly, it has been a challenging few years for retailers. Retailers cannot take this resilience for granted. To address these compounding problems, retailers need to re-evaluate their operating priorities by focusing on cost-cutting measures that also enhance customer experiences, such as through automation, AI or other tech.

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Gopuff and Grubhub Expand into Grocery Delivery with Unconventional Partners

Retail TouchPoints

Gopuff has partnered with Misfits Market , an online grocer dedicated to reducing food waste that delivers to Gopuff’s microfulfillment centers nearly every day, while Grubhub will work with Mercato , an online marketplace for independent grocery stores with more than 950 retailers across the country.

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Sycamore Partners Acquires Chico’s for $1 Billion

Retail TouchPoints

VC firm Sycamore Partners will purchase Chico’s FAS for $1 billion in a deal that will take the apparel retailer private. Sycamore Partners has an outstanding record in the retail industry in partnering with management teams to help businesses reach even greater levels of success.” Shareholders will receive $7.60

Apparel 261
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SymphonyAI Retail Offers AI-Powered Insights to Retailers’ CPG Partners

Retail TouchPoints

SymphonyAI Retail CPG has launched the fully AI-enabled CINDE Insights platform for CPGs working with North American retail partners. The solution can help identify relevant opportunities for increasing sales and shopper engagement, recommend high-impact actions and free up time for more strategic decision-making.

Retail 246
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Gap, Reliance Retail Partner to Sell Brand in India

Retail TouchPoints

has named Reliance Retail Ltd. as its official retailer across all channels in India. Partnering with regional experts, like Reliance Retail in India, allows us to deliver our relevant, purpose-driven brand to customers around the globe, while continuing to diversify our business portfolio through our partner-based model.”.

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720-Store Pet Supplies Plus Partners with DoorDash for Deliveries

Retail TouchPoints

Pet Supplies Plus and DoorDash will offer same-day delivery of pet products from all 720 of the retailer’s stores. DoorDash already works with a number of retailers in the pet supplies vertical, including Petco and Choice Pet. Over the last few months, DoorDash has been expanding to new verticals and growing its supermarket footprint.

Supplies 264
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Saks.com Launches Retail Media Network

Retail TouchPoints

Saks has joined peers like Nordstrom and Macy’s by launching a retail media network that will enable its brand partners to connect more directly with the Saks customer base through digital advertising. As Saks noted in its announcement, the retailer is one of the first in the luxury space to introduce a retail media offering.

Retail 263