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9/30/2016

Lord & Taylor is working with Xcel Brands to accelerate its supply chain and reduce the need for markdowns, a necessity as the department store competes with fast-fashion retailers. Buyers from Lord & Taylor work directly with designers from the factories that make their products, saving time and costs by cutting out the middlemen.

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Taylor, Xcel Brands, supply chain
9/30/2016

Many retailers including Home Depot, Nordstrom, Costco and Lowe's will close on Thanksgiving this year, according to sites that track stores' Black Friday plans. Target, Wal-Mart and other national retailers will start announcing their Thanksgiving weekend plans soon, and some have already released their hot toy picks for 2016.

9/30/2016

Whole Foods Market opened an 18,000-square-foot store in Chicago's Englewood neighborhood this week, giving one of the city's poorest neighborhoods a place to buy fresh and organic foods. The retailer has striven to stock local products and hire employees from the neighborhood.

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MarketWatch
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Whole Foods
9/30/2016

Ubisoft CEO Yves Guillemot told investors that Nintendo's forthcoming NX console is "a fantastic machine." Guillemot said the company is taking a "a new approach" with the NX that could return Nintendo to being a major contender in consoles.

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VentureBeat
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Yves Guillemot, Nintendo, Ubisoft
9/30/2016

Best Buy will open 350 of its stores at midnight Oct. 13 to let gamers nab PlayStation VR headsets the minute they become available. A limited number of headsets will hit shelves the next morning at all Best Buy locations.

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TechCrunch
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Best Buy
9/30/2016

Arduino aims to raise $500,000 on Kickstarter for its ESLOV IoT Invention Kit, which lets user turn hardware into an internet of things device by attaching sensors. The kit comes with a Wi-Fi hub and a set of sensors -- button, buzzer, LED, GPS and more -- for $99 for the entry-level version.

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TechCrunch
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Arduino, Wi-Fi
9/30/2016

Japanese fast-fashion retailer Uniqlo is set to open its first Canadian store at Toronto's Eaton Centre today, a two-story flagship featuring the brand's full line of women's, children's and men's basics. The retailer hopes to win with an appeal-to-all approach instead of courting a specific demographic, said executive Yasuhiro Hayashi.

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Eaton Centre, Uniqlo
9/30/2016

Ad spending spent across multiple platforms and a creative approach that knits them together are among the approaches found to be most effective in a study by the Advertising Research Foundation. It also found that pairing TV ads with digital can boost return on investment 60%.

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Marketing Land
9/30/2016

Chat platform Kik launched a fashion and beauty bot category that uses artificial intelligence to create the feeling of shopping with friends. Retailers including H&M and Sephora are among the first to sign up for branded bots that give them a new way to connect with customers.

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Kik, artificial intelligence, H&M, Sephora
9/30/2016

Alcohol delivery service Drizly launched an online marketplace this week with thousands of products and an expanded range of delivery and pick-up options. About 3% of US liquor stores have a presence on Drizly.

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TechCrunch
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Drizly, Drizly