When Nike, the world’s largest athletic apparel and equipment maker, looked in the Mirror, it did not like what it saw. In this case, the Mirror being viewed belongs to the trendy New York-based home gym company of the same name that was acquired by Lululemon...
Despite a year of unmatched growth, countless news stories and a few blockbuster acquisitions within the buy now, pay later (BNPL) space, as the old saying goes, you ain’t seen nothin’ yet. Get the Full Story Complete the form to unlock this article and enjoy...
Americans’ penchant for nonstop shopping during the ongoing COVID-19 pandemic is likely to trigger increased inflation, according to National Retail Federation chief economist Jack Kleinhenz in an announcement by the group Wednesday (Jan. 5). Get the Full Story Complete the form to unlock this article...
The country’s largest grocery retailer is looking to take the lead in an increasingly competitive fight over fast food delivery. In an announcement Wednesday (Jan. 5), Walmart said it planned to ramp its in-fridge delivery service to 30 million households, but questions remain whether consumers...
Thirty-three days. That is the average amount of time it takes a U.S. firm to receive an international payment at a cost of $50 to $60 per transaction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The omicron variant of COVID-19 has wreaked serious havoc on a retail landscape that appeared to be on the road to recovery just a few months earlier as people got their vaccinations and returned to life outside their homes after being quarantined largely since the...
Macy’s is scaling back its store hours through the end of January in response to the escalating number of COVID-19 cases across the U.S. that’s leading to staffing shortages for retailers, according to a CNBC report Tuesday (Jan. 4). Get the Full Story Complete the...
Having not only survived, but thrived, through the fourth quarter’s supply chain headwinds and inventory challenges yet still delivered better-than-expected results, the nation’s retailers — flush with cash — are now poised to embark on a shopping spree of their own. Get the Full Story...
Less than six months after iconic sports trading card company Topps aborted plans to launch a special purpose acquisition company (SPAC) after losing its 70-year licensing franchise with Major League Baseball to apparel and branding upstart Fanatics, the two rivals are back in the news...
