Mobile self-checkout, and specifically, scan and go, would seem a slam dunk for grocers. It has not worked out that way. All manner of retail is striving to embrace automated shopping, especially in brick-and-mortar settings. Merchants are streamlining the process of getting items into carts...
Meal kit providers are finding that many consumers prefer speedy convenience to cooking from scratch. Berlin-based multinational meal kit company HelloFresh said on a call with analysts Tuesday (March 7) discussing its fourth-quarter 2022 financial results that it is seeing non-meal-kit categories lead growth, with...
Demand for larger, more complex sets helped Lego stand out among toymakers in 2022. The Danish firm announced in its annual report Tuesday (March 7) that it “significantly” outpaced the broader toy market, venue in 2022 jumped 17% to around $9.28 billion. The company attributed...
The business mix at Walmart is changing, with services growing faster than merchandise. So said Walmart Executive Vice President and Chief Financial Officer John David Rainey Tuesday (March 7) during a Raymond James Institutional Investors Conference. Walmart’s services include the sale of advertising on its...
Perfect Corp. wants to give jewelry shoppers a virtual way to try on rings and watches. The augmented reality (AR) company debuted what it called its 3D viewing and authoring tool for watches and rings Wednesday (March 8). The tool “empowers watch and jewelry brands...
Brands may be best suited to remember the golden rule as consumers vent their frustrations online. As reported by The Wall Street Journal Tuesday (March 7), 74% of consumers have encountered an issue with a product or service over the past year. This is according...
As shoppers continue to mind their budgets due to inflation, online clothing and styling service Stitch Fix is struggling to bring in sales, especially as it battles aggressive discounting measures taken on by retailers looking to offload inventory. Consumers are not only shifting their spending...
While consumers may be cutting back on discretionary expenses, they aren’t holding back when it comes to health and wellness — a trend that has continued since the start of the pandemic and a behavior Dick’s Sporting Goods says it is benefiting from. “We’ve seen a...
Mars is trialing hail-able mobile stores to offer on-demand D2C ice cream sales. The confectionery giant announced Tuesday (March 7) that it is partnering with Conjure, the company formerly known as Robomart that creates mobile shops that can be hailed via mobile devices in the style of Uber or...
