Sections
Retail
-
209US Treasury Tells Banks To Treat Hemp Businesses Like Any Other
The nation’s marijuana regulator has told financial institutions to treat the $500 million hemp businesses the same way they would any other...
-
1.0KeCommerce Media Gets Its Own Upfront Event
At a time when retail revenue is precious and the shift to Digital 3.0 is white-hot, eCommerce media is becoming a bigger...
-
994Virtual Shopping Finds Its Moment
Virtual shopping is having a pandemic-driven moment. Several retail brands as well as designers have taken this twist on personal shopping to...
-
1.2KThe Six Retail CEOs Who Could Set Off Fireworks This Year
Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of...
-
1.2KPurple Carrot Single-Serve Meals Come To Whole Foods Market
To provide single-serve frozen products in retail stores, Purple Carrot has rolled out its completely plant-based meals at most Whole Food Market...
-
1.4KMacy’s Considers Options For Black Friday Amid Pandemic
As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent...
-
1.3KDiscount Retailer Primark Predicts Substantial Loss
Primark, the Irish fashion retailer, is expected to take a huge financial hit due to COVID-19, the Financial Times reported. The Dublin-based...
-
1.6KCorona Beer Parent Company Tops Off DTC Trend
The direct-to-consumer (DTC) trend attracted another big name this week, as Corona beer’s parent company, Constellation Brands, acquired media agency owner Gary...
-
1.2KPandemic Brings Dark Days For Department Stores
If department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its...
-
1.3KWalmart To Transform Parking Lots Into Drive-In Cinemas, Offer Virtual Camp
To provide entertainment to families amid the coronavirus pandemic, Walmart unveiled a virtual experience and an in-person “contact-free” experience. The events include...
-
1.3KApple To Shutter 30 More US Stores Again Amid Pandemic
As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores...
-
1.3KFTC Reports Record Surge In eCommerce Complaints Amid Pandemic
While online purchasing has skyrocketed since March as the country shut down as a defense against COVID-19, so have complaints to the...
-
2.3KPandemic Continues To Dull Allure Of Luxury Goods
COVID-19 continues to take the shine off luxury goods. Despite some signs of improvement this month, LVMH, the world’s biggest luxury goods...
-
1.6KWalgreens Adds To Digital 3.0 Momentum
The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online...
-
1.5KMacy’s Takes $3.1B Charge As Pandemic Dampens Outlook
Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due...
-
1.3KIconic British Retailer John Lewis To Shutter Stores Amid Pandemic
As department stores suffer amid the COVID-19 health crisis, John Lewis is set to shutter many locations, and Harrods is eliminating 700...
-
2.6KSquare: Albuquerque Sees Biggest Increase In Online Sellers
As omnichannel retail becomes pivotal for success in the long haul, merchants in cities big and small are harnessing eCommerce. Square has seen...
-
1.5K‘Composable Commerce’ Enables Shift To Digital 3.0
The shift to “Digital 3.0” is bringing a new technology into focus. Get ready for composable commerce. The term has a lot...
-
1.6KFacebook Responds To Advertiser Boycott
The Facebook ad boycott – which first found traction with retailers – gained momentum on Monday (June 29), as more brands joined...
-
1.6KChipotle Mexican Grill Unveils Virtual Farmers’ Market Featuring Suppliers
To let agricultural suppliers in its supply chain roll out bolstered versions of their online shopping websites, Chipotle Mexican Grill unveiled the...
-
5.6KGympass Embraces Digital 3.0 In Its Aim To Buff Up Housebound Consumers
If people can’t get to the gym, it’s time to bring the gym to people. That’s the value proposition for Gympass, a...
-
1.4KDomino’s Rolls Out Carside Delivery Contactless Pickup
To provide another contactless way for consumers to receive their orders, Domino’s Pizza, Inc. unveiled its Domino’s Carside Delivery service. The offering...
-
2.2KAmerican Express Unveils $200M Cash-Back Program To Boost Spending At SMBs
With the reopening of the U.S. economy underway, American Express is rolling out a $200 million program designed to boost spending at...
-
1.7KEx-Nordstrom Exec Says Department Stores Must Step Up To Survive
A former Nordstrom executive is calling on the department store sector to meet the needs of customers and keep pace with technology –...
-
2.0KNike Leads Retail Into The Great Reboot
Welcome to the great reboot. Physical retail’s return to business was previously known as the “great reopening” or the “great resettling.” But...
-
1.9KCar Talk: Shift Announces Plans To Go Public
The automotive evolution to Digital 3.0 revved a little higher Monday (June 29) as online car sales platform Shift announced it will...
-
1.5KNationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
Retailers looking for the shape of an economic recovery have had several letters to choose from. There’s the “hoped for” V-shaped recovery...
-
1.3KVehicle Sales Off By 6 Pct In June From Pre-Virus Forecast
Sales of new cars are expected to be off by nearly 6 percent from a year ago, according to a joint forecast...
-
1.6KNike Says Upcoming Job Cuts Are Not Due To Pandemic
In an email on Thursday (June 25), Nike CEO John Donahoe said the current financial crisis will likely see the athletics retailer...
-
2.7KThe Unexpected Ways Dining Out Is Evolving
When COVID-19 exploded into a global pandemic that more or less shut down everything worldwide, restaurants began diving for digital cover and...
-
1.9KMicrosoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way it runs its retail business. The technology firm’s...
-
4.2KFord Joins Private 5G Parade Of Car Companies
If you can’t join ‘em, beat ‘em. That seems to be the prevailing attitude behind 5G, as several car companies have taken...
-
2.6KNike Says The Last Dance Will Be With Digital 3.0
The headlines about Nike’s Q4 earnings announcement focused on what would be a staggering loss at any other time. But the real...
-
2.1KKanye West Collaborates With Gap On YEEZY Apparel Line
To bring apparel to consumers in a new YEEZY Gap line, Kayne West is collaborating with Gap through a partnership unveiled on...
-
2.1KH&M’s eCommerce Sales Jump Amid Temporary Store Closures
Amid a quarter in which a large percentage of its stores were temporarily shuttered during the pandemic, H&M Group saw its net sales...
-
5.2KIt’s A Delayed World After All: Disney’s Reopening Troubles
After months of waiting since the “happiest place on Earth” closed its doors three months ago in response to the global pandemic,...
-
1.7KTarget To Bring Fresh, Frozen Groceries To Customers’ Cars
Target Corp. plans to roll out fresh and frozen grocery pickup and drive-up services at 400 Midwestern stores before the end of...
-
1.7KTroubled Retailers Continue To Seek Financial Lifelines
One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19, that trouble will be...
-
1.4KWomen’s Luxury Watch Retailer Embarks On A Digital Adventure
Technically speaking, Abingdon Mullin is the CEO of a company that sells watches crafted for women. But realistically, she sells adventure with every one...
-
1.5KMask Sales Become A Big Retail Business
They’re either the fashion accessory of the moment or a life-saving piece of safety equipment. Or maybe they’re both as several types...
-
1.7KCarvana Rolls Out CarvanaACCESS Direct-Purchase Platform
To let franchised and independent auto dealers purchase wholesale vehicles, Carvana has rolled out a direct-purchase platform called CarvanaACCESS. Trade-ins in addition...
-
3.8KApple To Shutter Houston Stores Again
As instances of the coronavirus increase in Texas, Apple will shutter seven of its Houston-vicinity retail locations once again. The shops were...
-
1.7KDisney Urged To Postpone Reopening Florida’s Walt Disney World
Disney may have thought reopening Walt Disney World in Orlando, Florida next month was a good idea. But as of Wednesday (June...
-
2.3KHow Restaurants Are Working To Bring Breakfast Back
Breakfast, we’ve long been exhorted by mothers everywhere, is the most important meal of the day. And, until very recently, it was also...
-
2.9KOnline Sales Projected To Settle At 16.5 Pct Growth Rate
While web users have harnessed eCommerce in numbers that haven’t been seen before amid the COVID-19 heath crisis, eMarketer forecasts the worldwide...
-
2.4KInstagram Drives New Social Commerce Momentum
Social commerce continues its pandemic-driven momentum as Instagram announced two major moves in the area and new research shows the platform will...
-
2.1KRetail’s Trust Issue: How To Manage Vulnerability
On a recent National Retail Federation webinar Target CEO Brian Cornell was asked about the most important factors facing retailers as they...
-
1.9KNewegg Masters The Art Of The Pivot
It’s hard to find a major eCommerce retailer that has evolved more than Newegg. After coming out of the post-internet bubble economy...
-
1.9KVitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
Vitamin store chain GNC Holdings filed a “prepackaged” Chapter 11 bankruptcy plan, saying it has an offer to sell the company for...
-
1.8KSaks To Reopen Flagship Fifth Avenue Store With Safety Measures
When Saks Fifth Avenue reopens its 10-story flagship store in New York City on Wednesday (June 24), customers will be greeted by...
