Retail

Retail
Albertsons’ Loyalty Refresh Contributes to 23% Digital Growth
July 23, 2024

As grocery shoppers increasingly seek out Click-and-Mortar™ technologies for a seamless omnichannel experience, Albertsons is seeing double-digit online growth, helped by its rewards refresh. The grocery giant, which has more than 2,200 stores across the U.S., shared in its first-quarter fiscal 2024 financial results, reported...

Retail
Croissant Expands Guaranteed Resale Price Offering to Mobile App
July 23, 2024

Croissant has launched an iOS mobile app that shows consumers guaranteed resale prices on apparel and accessories while they shop at more than 100 brands and retailers. After consumers have purchased an item, they can later resell it for the guaranteed price with just a...

Retail
Retailers Woo Paycheck-to-Paycheck Parents With Back-to-School Deals
July 22, 2024

As budget-strapped consumers seek deals to help alleviate the financial burden of their back-to-school shopping, brands are rolling out lower-priced and/or discounted goods to win over these customers. On Thursday (July 18), Walmart announced that it is offering thousands of under-$10 school supplies, including backpacks,...

Retail
Fast Food Brands Struggle as Consumer Sentiment Sours
July 21, 2024

Restaurant stocks have been struggling this summer, though it’s not quite clear why. As Seeking Alpha reported Sunday (July 21), weakening consumer confidence and consumer spending are likely the key reasons, though there could be another reason diners might be shunning quick-service restaurants, or QSRs....

Retail
Luxury Brands Slash Prices to Entice Middle-Income Buyers
July 21, 2024

Luxury brands have begun lowering their prices to win back middle-income shoppers. As The Wall Street Journal (WSJ) reported Sunday (July 21), this move — by companies such as Burberry and Yves Saint Laurent — is aimed at enticing the 330 million people who spend...

Retail
National Ice Cream Day Gets a Sprinkle of Digital Transformation This Sundae
July 20, 2024

Sunday (July 21) is National Ice Cream Day, and as the event has evolved for today’s digital consumers, brands are taking advantage of shoppers’ enthusiasm for the sweet treat to drive online engagement. Take, for instance, Cold Stone Creamery, which is using the occasion to...

Retail
Navigating Change: Insights From Kenneth Cole and Nuts.com
July 19, 2024

Earlier this month at The Lead Summit in New York City, Jed Berger, president of apparel company Kenneth Cole Productions, and PJ Oleksak, CEO of Nuts.com, offered valuable perspectives on steering their companies through transformative changes while preserving brand integrity. Kenneth Cole, renowned for his innovative...

Retail
Personalized Luxury: The Key to Winning Wealthy Shoppers
July 19, 2024

In an era where luxury is becoming increasingly defined by personalization, wealthy consumers are demanding that brands innovate, tailoring their offerings to match their individual preferences. Take, for instance, luxury giant LVMH. The company’s Selective Retailing business, offering “personalized shopping experiences matched to individual aspirations,”...

Retail
Amazon’s Prime Day Leaves Walmart+ Deal Days in Summer Haze
July 19, 2024

As Amazon and Walmart compete to win consumers’ retail spending, it seems the former may have had more success with its summer deals event than the latter, widening the gap beyond even last year’s marked disparity.   The eCommerce behemoth shared Thursday (July 18) that...