As Hasbro and Mattel revamp their strategies, the toy industry is entering a phase driven by digital transformation and consumer connectivity. Hasbro is capitalizing on its strengths in gaming and licensing, refreshing cherished franchises and expanding its intellectual property through digital platforms. At the same...
In an era where online and in-store shopping are becoming intertwined, Click-and-Mortar™ shopping is emerging. This hybrid shopping style reflects a growing consumer preference for integration between digital and physical retail experiences. A PYMNTS Intelligence report, “2024 Global Digital Shopping Index: The Rise of the...
In the connected economy, retail pharmacies like CVS, Walgreens, and Rite Aid face challenges to their traditional business models. As consumer preferences move toward digital solutions and telehealth services, these industry leaders are assessing their business strategies to remain viable. Strategic Shifts in Major Players...
The home improvement business is reportedly expected to pick up, driven by lower interest rates and higher property values. More homeowners are borrowing against the rising value of their properties and considering spending on home repairs and renovations as interest rates drop, the Wall Street...
Target will reduce regular prices on more than 2,000 items this holiday season. Combined with the price cuts it has made on more than 8,000 items since May, the retailer will have lowered prices on more than 10,000 items by the end of the holiday...
Walmart has begun rolling out same-day delivery of prescription medications. The company launched this offering in six states and plans to expand it to 49 states by the end of 2025, Walmart said in a Tuesday (Oct. 22) press release. This Pharmacy Delivery service is...
In a world where first impressions are often shaped by digital interactions, SEEN is redefining what it means to be “seen” in the beauty industry. By prioritizing both hair health and skin safety, the brand says it is addressing growing consumer demand for products that...
Bed Bath & Beyond brick-and-mortar stores are set to return in a new, smaller format. The plan is part of a partnership between Beyond, which is the owner of Bed Bath & Beyond, Overstock, Zulily and other online retail brands, and Kirkland’s, which is a...
Lidl reportedly relaunched its brand to stand out among other budget grocers. The company — whose rivals in the United States include fellow German supermarket chain Aldi — introduced a new marketing campaign that includes the tagline “The Super-est Market,” Supermarket News reported Thursday (Oct....
