Retail

Retail
Strong Home Improvement Demand Powers Home Depot’s Q3
November 15, 2022

Despite inflation, supply chain snags and a tight labor market, Home Depot enjoyed an increase in sales in its third quarter due to continued demand for home improvement projects. “Our customer has remained resilient and engaged,” CEO Ted Decker said during an earnings call Tuesday...

Retail
Autonation Looks to Boost Digital Reach With Stake in TrueCar
November 15, 2022

Aiming to collaborate on the development of new digital tools, automotive retailer AutoNation has acquired a 6.1% minority ownership stake in automotive digital marketplace TrueCar. The acquisition will enable the companies to collaborate on providing new ways to improve the experience of buying and selling...

Retail
Amazon Expands Virtual Healthcare With Clinics in 32 States
November 15, 2022

Amazon is deepening its healthcare offerings with the launch of Amazon Clinic, a virtual care service that offers treatment for common health ailments. Announced in a Tuesday (Nov. 15) press release, the service marks a continuation of the retailer’s push into the healthcare field, where...

Retail
RetailNext Acquires UK Foot Traffic and In-Store Analytics Firm
November 14, 2022

California-based brick-and-mortar analytics firm RetailNext said it has acquired U.K. rival Retail Performance from market research company Ipsos, in a bid to boost its foot-traffic-monitoring platform in Europe and Asia. According to a Monday (Nov. 14) press release, RetailNext characterized the deal as a strategic...

Retail
Best Buy, Google Join Outsiders in Push to Capture Remote Patient Monitoring Boom
November 14, 2022

Born of pandemic necessity and a graying U.S. population, remote patient monitoring (RPM) is breaking out all over, as its growth potential draws in retailers such as Best Buy and Big Tech stalwarts like Google in a shift that is seeing outside players aggressively moving...

Retail
Klarna Adds Shop and Compare Tool in UK, Sweden and Denmark
November 14, 2022

Buy now, pay later (BNPL) provider Klarna has expanded the availability of the search and compare tool within its app to the United Kingdom, Sweden and Denmark, following the launch of the tool in the United States in October. The new feature, which helps consumers...

Retail
Amazon Turns to Price Cuts and Product Drops for Holiday Sales
November 14, 2022

Amazon will launch its 48 hours of Black Friday deals on Nov. 24 — Thanksgiving Day — while also making product drops before and after that time. The eCommerce giant will offer early deals before the main event begins as well as promotional offers that...

Retail
Demand for Primark’s New BOPIS Feature Crashes Site on First Day
November 14, 2022

Primark’s long-awaited entry into the world of eCommerce got a bit of a bumpy start Monday (Nov. 14) as heavier demand briefly crashed the Irish retailer’s website. First announced in June, the trial version of the company’s new “Click and Collect” feature lets customers order...

Retail
Reza Partners with Perfect Corp. to Enable Virtual Try On of Jewelry
November 11, 2022

French jewelry brand Reza has deployed Perfect Corp.’s artificial intelligence (AI) and augmented reality (AR) solution so that visitors to its new eCommerce website can virtually “try on” its rings, earrings and bracelets.  With Perfect Corp.’s AgileHand technology, visitors to Reza’s site can see real-time...