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Alibaba Acquires Controlling Stake in Sun Art Hypermarket Chain

Retail TouchPoints

billion in the 484 -store Sun Art hypermarket chain in a bid to compete in China’s growing online grocery industry. The transaction raises Alibaba’s aggregate direct and indirect stake in Sun Art to approximately 72% and demonstrates its “New Retail” strategy by further integrating online and offline resources in China’s retail sector.

Arts 246
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Retail Pricing is a Science – Not an Art

Retail TouchPoints

Pricing is a Science — Not an Art. Advanced analytics now offer the very real ability to approach pricing more as a science than an art, as it has been for far too long. Field leads operational execution, people and customer partnerships at MakerSights.

Arts 269
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Interior Arts Releases Luxury-Focused Laminate Collection

Retail TouchPoints

Interior Arts has launched Fresh Data, a collection of 20 modern design laminates for retailers. The textures utilize subdued and trending European tones as well as neutrals and warm tones and are designed to create an atmosphere of understated luxury. 031” thickness.

Arts 166
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AI Advertising Is An Economic Multiplier, Provided You Own It

Forrester eCommerce

District Judge affirmed the US Copyright Offices’ long-standing position of “human authorship,” ruling that AI-created art cannot be copyrighted. copyright law does not “protect works generated by new forms of technology operating absent any guiding human hand.” […] Judge Beryl Howell writes that U.S.

Arts 367
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Why Tanger Outlets’ CEO Wants to be Less ‘Operator’ and More ‘Curator’

Retail TouchPoints

Shopping center operators are facing a new call to action: Evolve and elevate your experiences or lose your customers forever. First you see art galleries, which have a tendency to spring up in these really cool areas. Yalof: We’re constantly thinking about our younger consumer and the evolution of the consumer.

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Amazon Opening 100 New Operations Facilities To Prep For Q4 Rush

Retail TouchPoints

Amazon plans to open 100 new operations facilities this month, encompassing fulfillment centers, delivery stations, sortation centers and other sites.

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Misfits Market Debuts B2B Fulfillment Solution for Perishables

Retail TouchPoints

FBM leverages Misfit Market’s national scale, five state-of-the-art temperature-controlled facilities, warehouse management system (WMS), internal delivery network and relationships with legacy 3PLs.