The online grocery field is growing more crowded, with reigning brick-and-mortar leaders stepping up their eCommerce capabilities and digital newcomers bringing in funding by the millions (with valuat billions). Still, for all the entrants into the space, the online grocery shopping experience remains fairly static....
Buy now, pay later (BNPL) company Afterpay will serve as the presenting sponsor of New York Fashion Week (NYFW): The Shows, starting September 2021, according to an announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top retail news, Canada Goose reported surging total revenue and triple-digit eCommerce growth, while YETI posted soaring net sales. Plus, Walmart announced that it will acquire Zeekit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
As private label sales continue to grow, surpassing name brand growth for the fourth year in a row, grocers are taking note. As the private label category continues to expand, so does the plant-based category, which grew 27 percent in 2020 alone. Taking note of...
In the face of rising online sales and increased social commerce, Walmart said on Thursday (May 13) that it will acquire virtual fitting room firm Zeekit, an Israeli artificial intelligence (AI) startup, with the goal of boosting its efforts on both the eCommerce and fashion...
Chinese eCommerce giant Alibaba said it plans to seek growth in new international markets after closing the books on a record year that saw it topping 1 billion active users and doing a record $1.2 trillion of gross merchandise value sales on its platforms. Get...
The surging secondhand clothing resale business got a double dose of optimism from two separate reCommerce platforms on Wednesday (May 12), as both Poshmark and ThredUP told investors they were expecting increased sales as the economy continues to reopen in the second quarter and beyond....
Canada Goose, a performance luxury apparel maker, reported that total revenue surged by roughly 48 percent from $140.9 million in Q4 fiscal 2020, reaching $208.8 million in Q4 fiscal 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
YETI reported that net sales jumped by roughly 42 percent to $247.6 million in the three months ended April 3, 2021 from $174.4 million in the three months ended March 28, 2020. Get the Full Story Complete the form to unlock this article and enjoy...
