Retail

Retail
Grocers Come Up Against 26% Awareness Gap with Digital Promotions
March 16, 2023

Grocers’ efforts to drive sales with digital deals may go unnoticed by consumers. The Context As economic pressures have prompted many consumers to reevaluate their food spending, grocers have been doing everything possible to incentivize purchasing. One of the key tools at their disposal has...

Retail
Walmart Courts Sustainability Conscious Shoppers With Clean Beauty
March 16, 2023

Walmart has launched Clean Beauty, an online shop featuring products aimed at environmentally conscious shoppers. The retail giant announced the rollout Thursday (March 15), noting that the “clean” name comes from the fact that featured products are made without ingredients on its Made Without List...

Retail
Retailers Rethink Strategies as Consumer Spending Sinks
March 16, 2023

January’s consumer spending numbers have turned out to be a temporary reprieve, as customers continue to cut back. The most recent Commerce Department spending numbers were released on Wednesday (Mar. 15) and showed overall sales slumping 0.4%, a sharp drop compared to the previous month’s...

Retail
SVB Collapse May Be the Final Nail in Boxed’s Coffin
March 16, 2023

Boxed may file for bankruptcy as the SVB collapse exacerbates existing economic challenges. The bulk eCommerce grocer and retailer (which also has a software and services arm) stated in a recent 8-K filing with the United States Securities and Exchange Commission (SEC) that it is looking into “the...

Retail
Klarna and Clarity AI Promote Sustainability Achievements by Electronics Brands
March 16, 2023

Klarna and Clarity AI have teamed up to provide environmental impact information to consumers who have purchased electronics. Clarity AI’s global sustainability tech platform and Klarna’s payments technology and shopping service will work together to show “conscious badges” to consumers who have made an electronics purchase...

Retail
Glossier Partners with Sephora, Makes Changes to Leadership Team
March 16, 2023

Glossier has made some changes to its leadership team and its business model that includes offering products in Sephora stores. The beauty brand has promoted Marie Suter to chief creative officer, Kleona Mack to chief marketing officer and has brought on Chitra Balireddi as chief commercial officer, Glossier said...

Retail
StoryStream Taps Into Video Commerce Trend With Live Shopping Tool
March 16, 2023

Visual commerce platform StoryStream is tapping into a growing consumer demand for live video shopping. The London-based company announced the launch of its video shopping tool Thursday (March 16), saying it had tested the product with brands that include Braun, Lancome, and Oral-B. “With video...

Retail
Five Below Courts High Earners With Five Beyond
March 16, 2023

Specialty discount store Five Below is looking to appeal to a new demographic of customers with its Five Beyond concept, which sells items priced above $5 but “still below the rest,” according to the company website. The new store prototype officially made its debut during...

Retail
Lulus Keeps Trying to Convince Shoppers It’s Not Fast Fashion  
March 16, 2023

Lulus is not fast fashion. But that’s not what most shoppers think.   Since its inception, the retailer has been clear about its focus on providing luxurious items at affordable prices. Co-founder and then-CEO Colleen Winter reiterated this message during an interview with Glossy in 2019,...