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Innovator Intelligence: Radius8—In-Store and Digital Experiences Powered by Local Demand

This report forms part of our Innovator Intelligence series, which focuses on emerging companies that are disrupting traditional retail and fueling innovation across the retail value chain.

Radius8 has created a platform that empowers retailers to dynamically merchandise online by using data on their physical stores and local market intelligence to provide contextual discovery for shoppers, which ultimately drives both online conversion and store foot traffic.

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Who Is Taking the Vacant Toys“R”Us Stores?

With June 29 marking its final day in business in its home market, Toys“R”Us has now closed down all of its stores in the US. The impact of the toy retailer’s departure on US retail is significant. We estimate 28.6 million square feet of retail space has been left vacant with the closure of Toys“R”Us, and in terms of the number of stores, this represents 21% of total store closures announced year to date in the US.

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