Amazon has acquired smart doorbell manufacturer Ring, giving the e-Commerce giant a greater presence in home security, connected home devices and in-home delivery. The deal is worth $1 billion, according to Reuters.
In October 2017, Amazon unveiled its Amazon Key in-home delivery service, whichcombined the Amazon Cloud Cam with smart lock technology to provide couriers with unattended access to Amazon Prime members’ homes. The entire delivery is recorded on the camera and is designed to address the challenge of package theft, but the launch of the service predictably drew criticism for its general concept and potential security loopholes.
DICK’S Sporting Goods will no longer sell assault-style rifles like the one used in the Parkland, Fla. shooting on Feb. 14 that killed 17 people. In a statement issued Feb. 28, CEO Edward Stack revealed that DICK’S had sold a shotgun to the Parkland shooter, Nikolas Cruz, in November 2017. “It was not the gun, nor the type of gun, he used in the shooting,” said Stack. “But it could have been.”
Following the December 2012 Sandy Hook massacre, DICK’S took these rifles, also referred to as modern sporting rifles, off its shelves, but the retailer continued to sell them at its 35 Field & Stream stores. Now, in addition to removing the rifles from these locations, DICK’S will:
Your employees are your business. They greet and serve your customers, they open and close the shop, they handle the money, and they work alongside you in your retail store. Each night they leave, and each morning you hope they come back.
There are a lot of other employers that would love to hire your employees. In the city of Houston, there are around 650 job postings a day just on Craigslist for hourly workers. In Los Angeles, there are 800. Each day! You’ve got to ensure that your employees are happy, or they might look elsewhere. So, what are the driving motivators for employees to change jobs, and what can you do to improve employee retention?
With social media making it easier to share fake news, hate speech or divisive content with a larger audience, retailers and CPG brands now need to protect themselves to ensure they’re not caught up in a crossfire that can turn off consumers. A recent CMO Council survey found that 66% of U.S. and UK consumers lose respect for brands that place ads near inappropriate or questionable content.
Unilever, one of the world’s largest advertisers, has gotten this message loud and clear — and is doing something about it. CMO Keith Weed recently noted that the CPG giant wouldn’t advertise on tech platforms that create societal division or don’t protect children. Weed later clarified that Unilever does not plan to pull advertising from these platforms, but will instead open a dialogue with them behind the scenes to improve the services and earn the public’s trust.
Digital commerce solution provider Moltin has closed an $8 million round of Series A financing led by Underscore VC with existing investors Connect Ventures and Frontline Ventures. The funding brings the company’s total investment to $10 million.
Shoptalk covers the rapid evolution of how consumers discover, shop and buy — from new technologies and business models to the latest trends in consumer behaviors, preferences and expectations.
Established retailers and brands, startups, tech companies, investors, media, analysts and others come together at Shoptalk to learn, collaborate and evolve. Shoptalk 2018 will have more than 7,500 attendees
eTail West is where retailers meet, collaborate and learn about what’s disrupting the industry today and what’ll change tomorrow. Designed to build your business and your profit, we cut out the fluff and provide you with content from retail innovators in the trenches.
Three retail shopping centers in Australia have installed NanoLumens LED displays by Digital Place Solutions (DPS) to enhance the customer experience. The centers — all managed by The GPT Group — include Highpoint Shopping Centre in Melbourne, Casuarina Square in Darwin and Rouse Hill Town Centre in Sydney.
Deep discount retailer 99 Cents Only Stores has named Jack Sinclair CEO upon the retirement of President and CEO Geoffrey Covert. Sinclair joined the company in 2015 as Chief Merchandising and Marketing Officer.
As part of the executive shuffle, Jason Kidd, Senior VP of Store Operations, has been appointed COO.