Retail

Retail
Valvoline Looks to Double Retail Locations as Vehicle Maintenance Surges
February 07, 2023

Valvoline is seeing strong demand for quick and convenient oil changes and other automotive services. The preventative vehicle maintenance provider saw its system-wide same-store sales increase 11.9% during the quarter ended Dec. 31, and it’s continuing to add locations across the country, according to a...

Retail
Movado’s Digital Transformation Drives 10x Increase in Online Sales
February 07, 2023

Moving a classic fashion brand into a digital-first world has its challenges, so famed watchmaker Movado Group has kept a tight focus on its core while undergoing a digital transformation. Movado Group President of Commercial, Chief Digital Officer and Chief Technology Officer Behzad Soltani told...

Retail
Simon Property Swaps Eddie Bauer for Larger Stake in Authentic Brands Group
February 07, 2023

Simon Property has traded Eddie Bauer for a bigger piece of Authentic Brands. The CEO of America’s largest mall owner made the announcement Monday (Feb. 6) as the company released its quarterly earnings. Those earnings saw “a net gain of $0.25 per share, principally from...

Retail
Pickup Gets Boost in the US, With India and Brazil Posting Curbside Pickup Gains
February 06, 2023

As physical retail roared back to life in 2022, in-store pickup of items ordered online saw commensurate growth, showing the strong consumer affinity for in-store experiences. This is among the important findings from the “2023 Global Digital Shopping Index” (GDSI), a PYMNTS and Cybersource collaboration...

Retail
Instacart Deploys Scan & Pay as In-Store Shoppers Demand Digitization
February 06, 2023

Instacart’s first Scan & Pay checkout deployment comes as in-store mobile features catch on among grocers. The grocery aggregator announced Monday (Feb. 6) that Foodcellar Market, a grocer in Queens, New York, is the first to offer the own-device self-service option to all in-store customers....

Retail
Grocery Shelf Space Fight May Not Be Worth It For Pet Brands
February 06, 2023

Traditionally, nabbing a slice of shelf space was invaluable for any brand hoping to gain recognition and market share. However, that may no longer be the case as over half of consumers have abandoned buying pet products in-store and instead embraced the convenience of eCommerce...

Retail
Curbside Grocery Grows as Supermarkets Look to Replicate Gas Station-style Convenience
February 06, 2023

As grocers look to maximize convenience, curbside pickup is emerging as the fast and favorite method. This, as new grocers are popping up across the country, offering curbside-only models and no consumer-facing stores. Jim McQuade, CEO and co-founder of the first such retailer on the East Coast, Addie’s,...

Retail
Target’s Shipt Unit Launches 5-City Pilot to Help Small Retailers Grow
February 06, 2023

Online delivery service Shipt says it wants to enlist small businesses in its fight against food insecurity. The Target-owned company said Monday (Feb. 6) it had launched LadderUp, an accelerator program that helps local small businesses compete by providing capital, eCommerce-centered tech assistance and education....

Retail
Brazil, India, Mexico and UAE Lead Gains in Online Shopping Satisfaction
February 06, 2023

Turns out, emerging nations may hold some clues for the rest of the world when it comes to doing digital commerce right. This, as new research into shopping ease and customer satisfaction from six key geographies around the world, revealed that developing countries put up...