Retail

Retail
Saks eCommerce IPO Plans Show Allure of Retail’s Digital Shift 
October 18, 2021

For the traditional retailers – the brick-and-mortar marquee names – the great digital shift during the pandemic has been a necessity to meet consumers where they want to be met, and to ensure the survival of those firms. Get the Full Story Complete the form...

Retail
Retailers Outline Supply Chain Strategies in Bid to Win Customers
October 18, 2021

For months, consumers have been hounded by headlines urging them to think about their holiday shopping early to avoid the myriad issues plaguing supply chains around the world. And now that “early” has become synonymous with “now,” retailers are using their holiday supply chain strategies...

Retail
Cazoo Expands to Commercial Vehicles With Vans365 Acquisition
October 18, 2021

U.K.-based online used car seller Cazoo on Monday (Oct. 18) announced that it has agreed to acquire Vans365 in a move that expands the company’s reach into the commercial vehicle space. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today in Retail: Retail Sales up for Second Consecutive Month; Walmart Testing Shopping via Text
October 15, 2021

In today’s top retail news, the U.S. Commerce Department says retail sales were up in September, though inflation may have something to do with that, while more merchants may be looking to accept cryptocurrency within the next few years. Also, Walmart is trying to expand...

Retail
AMZN vs. WMT Weekly: Walmart to Expand Conversational Commerce, But Amazon Is Already There
October 15, 2021

Walmart revealed this week that Store No. 8, the retailer’s incubation arm, is currently testing the ability for customers to text Walmart their shopping lists, in what would be a massive step forward for the box store giant’s connected capabilities. Get the Full Story Complete...

Retail
Chip Shortage Forces Toyota to Scale Back Production
October 15, 2021

Toyota Motor Corp. on Friday (Oct. 15) announced scheduled shutdowns of its Japan production plants in November from one to five days, blaming the ongoing COVID-19 pandemic and the resulting parts shortage for the halt. Get the Full Story Complete the form to unlock this...

Retail
Retail Sales Up 0.7% in September as Inflation Continues to Rise
October 15, 2021

Labor Day travel and continued consumer resilience contributed to a 0.7% increase in consumer spending last month, the U.S. Commerce Department said on Friday (Oct. 15), marking the second month in a row that retail sales have increased. Get the Full Story Complete the form...

Retail
Wider Acceptance of Crypto, More Specialized BNPL Plans to Lead Merchant Trends
October 15, 2021

The year still has about a dozen weeks left, but merchants and payments providers are already looking at their 2022 calendars and trying to determine what might be the next big innovation as the digital economy continues to evolve. Get the Full Story Complete the...

Retail
Today In Retail: Walgreens Leans Into Healthcare; Ikea Faces Another Year of Shortages
October 14, 2021

In today’s top retail news, Walgreens is launching a new business segment focused on expanding the pharmacy chain’s healthcare offerings, while Ikea executives say they don’t see a quick end to supply chain issues. Also, Grove is opening a new division designed to acquire Amazon...