Global footwear brand Skechers kept its 2021 momentum going with third-quarter sales of $1.55 billion for the three-month period that ended Sept. 30, up almost 20% from the same time a year ago, even as supply chain bottlenecks continue to suppress inventory. Get the Full...
Petco Health and Wellness Company is launching the flagship store, Reddy, for its premium lifestyle brand for dogs in the SoHo neighborhood of Manhattan in New York City, the company said in a press release on Thursday (Oct. 28). Get the Full Story Complete the...
In today’s top retail news, eBay executives say declines in active buyers are par for the course as the company focuses on more “high value” consumers, while PYMNTS research suggests increased online holiday shopping could be a boon for Amazon. Also, Shopify has doubled its...
Ahead of Amazon’s third-quarter earnings report, new data show that nearly everyone will be shopping online this holiday season, a likely boon to the Seattle-based eCommerce giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Marketplace platform eBay is continuing to shed active buyers and report lower sales volumes as consumers increasingly return to in-person shopping, though the company says losing some customers was always an inevitable part of the company’s long-term plan. Get the Full Story Complete the form...
Though it’s not yet November, PAPER is already rolling out its list of trends that defined 2021, including freckle pens, cottagecore and low impact home workouts — a wide-ranging list that almost seems too insightful into how people have been living their lives. Get the...
Shopify Inc. reported Thursday (Oct. 28) it has doubled its cumulative gross merchandise value (GMV) in the past 16 months to $400 billion as the company remains focused on simplifying commerce for merchants. Get the Full Story Complete the form to unlock this article and...
The International Olympic Committee (IOC) is teaming up with sports merchandise company Fanatics on its first worldwide eCommerce pact, which gives Fanatics a share of sales of Olympic merchandise through the 2028 Summer Games in Los Angeles. Get the Full Story Complete the form to...
For years, it was frowned upon to give gift certificates or cash to someone as a gift, something that was seen as lazy or thoughtless in certain social circles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...