Lululemon D2C Sales Double, Account For Over Half Of 2020 Revenues
Lululemon D2C Sales Double, Account For Over Half Of 2020 Revenues
March 31, 2021  |  Retail

Athletic apparel retailer Lululemon said the near-doubling of its direct-to-consumer (D2C) business drove a 24 percent increase in total sales last quarter, and the firm...

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Walgreens’ Results Hit By COVID, ‘Exceptionally Weak’ Cold And Flu Season
Walgreens’ Results Hit By COVID, ‘Exceptionally Weak’ Cold And Flu Season
March 31, 2021  |  Retail

Retail pharmacy chain Walgreens said on Wednesday (March 31) that its latest earnings results were dragged lower by an “exceptionally weak cough, cold and flu...

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Emerging Trends In Retail, Payment Methods And Open Banking
Emerging Trends In Retail, Payment Methods And Open Banking
March 31, 2021  |  Today In Data

A much slimmer version of JCPenney is aiming to put itself on an even keel months after it emerged from bankruptcy, while the new owner of Lord &...

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MySize CEO: The ‘Free Returns’ Retail Model Is Unsustainable
MySize CEO: The ‘Free Returns’ Retail Model Is Unsustainable
March 31, 2021  |  Retail

It’s a $9 billion problem that involves nearly 40 percent of online footwear and apparel orders. In fact, improperly fitting shoes and clothes is such...

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DoorDash Sues Software Partner Olo Over Excess Fees
DoorDash Sues Software Partner Olo Over Excess Fees
March 31, 2021  |  Legal

Delivery service DoorDash is suing business partner Olo, accusing the software provider of overcharging it by millions of dollars for several years. Olo had acknowledged...

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Macy’s CEO: Stimulus Checks Already Lift Sales 10 Pct
Macy’s CEO: Stimulus Checks Already Lift Sales 10 Pct
March 31, 2021  |  Retail

The CEO of Macy’s said effects of $1,400 stimulus checks are already starting to show up in the company’s stores and website. Get the Full...

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eCommerce Pet Supply Retailer Chewy’s Net Sales Surge In Q4
eCommerce Pet Supply Retailer Chewy’s Net Sales Surge In Q4
March 31, 2021  |  Retail

Chewy, Inc., the online retailer for pet products, supplies and prescriptions, said its net sales surged 51 percent year over year in its fiscal fourth...

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European Central Bank: Proper eCurrency Launch Could Take Years
European Central Bank: Proper eCurrency Launch Could Take Years
March 31, 2021  |  Digital Payments

The European Central Bank (ECB) said it could introduce a digital currency sometime this decade but it will take a few years to launch it...

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How BNPL Plans Can Help Bring Premium Feminine Care Products To Cash- Strapped Shoppers
How BNPL Plans Can Help Bring Premium Feminine Care Products To Cash- Strapped Shoppers
March 31, 2021  |  Buy Now Pay Later

Long-lasting, reusable alternatives can be budget savers — but only if shoppers can afford premium items’ steeper upfront costs. In the Buy Now, Pay Later...

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