Kroger will use Gatik’s autonomous box trucks to deliver goods to retail locations. The operation is to launch in the second quarter in Dallas, Texas, and is part of a new multi-year commercial collaboration to transport goods within the grocer’s Dallas distribution network. The companies said in...
U.S. merchants are at a crossroads, as shoppers seek the digital features and experiences they’ve grown to expect, but often can’t find even when available, creating a satisfaction gap that merchants need to address quickly if they want to retain those customers. In “The 2023...
Shopify is building an “elastic warehouse capacity” that’s more flexible than that of Amazon. As Shopify continues to integrate Deliverr — the eCommerce fulfillment and order storage provider it acquired for $2.1 billion last year — it’s finding that it can build a distribution network that is cost-effective for its...
Fast fashion brand H&M saw a slight increase in sales as it faces increased competition in the crowded sector. The Swedish company on Wednesday (March 15) issued a report on its first-quarter sales that showed them climbing by 3% in local currencies. H&M is due...
Largely crediting its “Welcome Everybody” initiative, U.S. women’s fashion retailer J.Jill on Tuesday (March 14) announced its net sales in the fourth quarter gained 1.7% to reach $147.7 million, with comparable sales up by 5.3%, according to a company press release. The once struggling retailer,...
Fast fashion giant Inditex is investing in technology after reporting strong 2022 sales. The Spanish clothing company, whose brands include Zara, said in its yearly earnings report Wednesday (March 15) that sales had risen 18% year-over-year. And to help drive sales in the year to...
As retailers reflect on this past year’s performance, a trend from this quarter’s earnings has emerged: core products, core customers and customer loyalty. But why does it feel like we’ve heard this story before? We have. Just in different ways. While all three areas might...
February Consumer Price Index numbers demonstrate that grocers and consumers can’t catch a break. While inflation overall seems to be easing, with gasoline and major appliances seeing year-over-year price decreases, the same can’t be said for food at home. The cost of groceries remains stubbornly...
The fast-fashion wars are opening an unlikely new front — the resale space — as retailer H&M and fashion reCommerce platform thredUP disclosed a new partnership on Tuesday (March 14). In announcing the H&M Pre-Loved resale shop powered by thredUP’s Resale-as-a-Service model, Sweden-based H&M is responding...
