Online luxury watch retailer WatchBox on Tuesday (Nov. 23) announced it had closed a $165 million fundraising round for equity capital that it plans to use to scale its digital platform, expand into new geographic markets and boost its inventory. Get the Full Story Complete...
Dick’s Sporting Goods spent the early part of 2021 focusing on experiential retail and bringing products to consumers in new ways, as shoppers returned in higher numbers to stores when the spread of COVID-19 began to slow down and more people were vaccinated against the...
Small-format locations, outlets, virtual stores and an increased presence in the healthcare category are among the initiatives that Best Buy executives say will carry the electronics retailer into the future and help connect with consumers. Get the Full Story Complete the form to unlock this...
After over a year of offering consumers free delivery, discounted prescription drugs and other benefits, the growth of Walmart+ remains in neutral, with nearly 1 in 10 consumers who have access to the service getting it through a free trial. Get the Full Story Complete...
Online wholesale marketplace Faire has closed a $400 million Series G round, which will allow it to continue working on its marketplace for smaller retailers, the company announced last Tuesday (Nov. 16). Get the Full Story Complete the form to unlock this article and enjoy...
Digital payment software platform ACI Worldwide expects a 23% global spike from 2020 in eCommerce between Thanksgiving and Cyber Monday, according to a press release, and a 14% jump in eCommerce from October through December. Get the Full Story Complete the form to unlock this...
Walmart will kick off Cyber Week by making history with the first shoppable livestream on Twitter, set for Sunday (Nov. 28) at 7 p.m. and featuring singer and social media superstar Jason Derulo. Get the Full Story Complete the form to unlock this article and...
In today’s top retail news, Gucci, Nike and other big brands are betting that consumers will want their virtual personas to wear the same gear they have in their physical closets, while Forever 21 owner Authentic Brands Group has delayed its plans for an initial...
Grocers are already seeing supply chain challenges impact their ability to meet demand this holiday season. Lakeland, Florida-based supermarket chain Publix, which operates 1,289 stores in Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina and Virginia, confirmed to Jacksonville, Florida’s First Coast News on Friday...
