Retail

Retail
Farm Bureau: Inflation Gobbling Thanksgiving Budgets
November 18, 2021

Inflation is taking a bite out of Thanksgiving dinner, with prices anticipated to be up about 14% over last year, according to data from the Farm Bureau’s 36th annual survey on Thursday (Nov. 18). Get the Full Story Complete the form to unlock this article...

Retail
Starbucks Debuts Cashierless Café Powered By Amazon Go 
November 18, 2021

Global coffee chain Starbucks on Thursday (Nov. 18) cut the ribbon on its first location that utilizes a cashierless approach powered by Amazon Go, the retail giant’s brick-and-mortar convenience store chain, according to a Reuters report.  Get the Full Story Complete the form to unlock...

Retail
Macy’s Follows Amazon, Walmart in Development of Digital Marketplace
November 18, 2021

Macy’s is planning to launch a curated digital marketplace for third-party sellers in the second half of 2022, following the model set by Amazon, Walmart, Target and other retailers that have seen success in providing a platform for others, as digital sales continue to outpace...

Retail
Merchants Move Streaming Commerce Off Social Media
November 18, 2021

As consumers flocked to social networks amid the pandemic to keep up with friends, many brands and retailers saw an opportunity to launch shoppable livestreams, giving people an interactive experience and a sense of connection despite being trapped at home. Get the Full Story Complete...

Retail
Kohl’s-Sephora Partnership Bearing Financial Fruit
November 18, 2021

Less than one year into Kohl’s and Sephora teaming up on a shop-in-shop that has brought Sephora’s personal care and beauty products to a wider audience, Kohl’s leadership says the arrangement is one of the drivers in the company’s third-quarter revenue growth. Get the Full...

Retail
Home Depot, Lowe’s Earnings Show No Slowdown in Consumer Spending on the Home
November 18, 2021

Restaurants are filling up again and airports are seeing increased traffic, but consumers aren’t slowing down their home improvement projects as real estate sales continue to rise and working from home remains the norm for many workers. Get the Full Story Complete the form to...

Retail
Alibaba Group Active Consumers up 62M in Q3
November 18, 2021

On the heels of an estimated $139 billion in Singles Day sales for Alibaba and JD.com, Alibaba Group Holding Limited’s active consumers hit 1.24 billion, spurred by a quarterly increase of about 62 million. Get the Full Story Complete the form to unlock this article...

Retail
Today in Retail: Same-Day Fulfillment Boosts Target Earnings; Retailers Sell Shoppers’ Data for Online Ads
November 17, 2021

In today’s top retail news, Target is touting its ability to meet consumers wherever they shop during the holiday season, while Amazon, Walmart, Home Depot and others are using purchase data to sell more online ads. Also, visual search technology is helping to drive digital...

Retail
Retail Earnings Show Online Slowdown is In-Store’s Gain
November 17, 2021

If online sales growth is slowing, and overall retail spend is on the rise (even accounting for inflation), it stands to reason that on-site shopping — the brick-and-mortar kind —is the beneficiary. Get the Full Story Complete the form to unlock this article and enjoy...