Retail

Retail
Lowe’s Invites Applications for Live Product Sourcing Event
March 07, 2023

Lowe’s is inviting businesses to apply for an opportunity to pitch their products in person. The 1,700-store home improvement company will hold its second live product sourcing event June 13 at the Lowe’s Tech Hub in Charlotte, North Carolina, and invites interested potential suppliers to...

Retail
Transact Campus and Amazon Team on Faster Checkout for College Students
March 07, 2023

Transact Campus and Amazon have teamed up to create convenient shopping experiences for college students. With this collaboration, Transact Campus’ mobile credential and payment solutions will be integrated with Amazon’s Just Walk Out technology, Transact Campus said in a Tuesday (March 7) press release. “Together,...

Retail
Grocers Woo Persuadable Customers With Private-Label Deals
March 07, 2023

As grocers seek higher margins and more shopper loyalty, many are turning to private label. PYMNTS research reveals that, while many shoppers have already switched to the lowest-priced brands, and while some will not trade down from their favorites no matter how good the deals...

Retail
Shipium and Passport Team on International Shipping for Brands and Retailers
March 07, 2023

Shipium and Passport have partnered to make international shipping easier for brands and retailers. With this collaboration, Passport’s international parcel logistics service has been integrated into Shipium’s eCommerce shipping platform, the companies said in a Tuesday (March 7) press release. “Brands and retailers need solution providers like Passport to...

Retail
Deal Chasers Flock to Nordstrom, but Will They Stay for the Service?
March 07, 2023

Nordstrom, the retailer once known for luxury and exceptional service, has turned to deep discounts to move inventory, at the expense of lower sales and profits in its fiscal fourth quarter. The question now is whether the deal chasers who always show up for the...

Retail
NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
March 06, 2023

Retailers looking to reduce shoplifting should require customers to remove face masks when entering the store. So said New York City Mayor Eric Adams on Monday (March 6) during two separate interviews. “Let’s be clear, some of these characters going into stores that are wearing...

Retail
Kroger Expands Home Chef as Consumers Cut Restaurant Spending
March 06, 2023

Kroger is growing its prepared food capabilities to meet consumers’ inflation-related demand for cheaper meals. The U.S. grocer’s meal kit and heat-and-eat meal subsidiary, Home Chef, announced Friday (March 3) the opening of its largest yet production and distribution center, with the new facility set...

Retail
4 in 10 Grocery Customers Can Still Be Lured By Convenience and Ease
March 06, 2023

Grocers may find increased loyalty catering to the wants of shoppers making choices based on more than just deals.  With the cost of groceries 11% higher than last year, it seems like all shoppers are seeking deals. Chasing this growing group of deal-seekers initially makes sense, as they now make...

Retail
Rent the Runway Offers Free Items to Woo ‘Cost-Conscious’ Shoppers
March 06, 2023

Rent the Runway will begin adding a free item to shipments to attract financially strapped consumers. “The customer is more cost-conscious than she’s ever been before,” Jennifer Hyman, CEO of the pre-owned design apparel market, told Bloomberg in an interview Monday (March 6). It’s a...