Retail

Retail
Big Lots Shows eCommerce Spike, Rewards Program Boost In Q2
August 27, 2021

Big Lots Inc. on Friday (Aug. 27) reported that eCommerce demand was up 10 percent in the second quarter compared to the same time last year and 400 percent from two years earlier. The company also saw 1.7 million people added to its rewards program...

Retail
Gap Tackles ‘Fit Friction’ With Acquisition Of Virtual Try-On Company Drapr
August 26, 2021

Gap Inc. has acquired eCommerce startup Drapr as part of the company’s increasing focus on digital sales, an initiative that helped boost the San Francisco-based apparel retailer to its best second-quarter sales in over a decade. Get the Full Story Complete the form to unlock...

Retail
Today In Retail: Department Stores See New Model; Ulta Beauty Plays Offense In Recovering Industry
August 26, 2021

In today’s top retail news, an increasing number of retail partnerships are paving the way for a potential new way of doing business, including the collaboration between Ulta Beauty and Target that is continuing to roll out. Also, Ace Hardware is planning a new distribution...

Retail
Grocery Roundup: In The UK, Labor Shortage Compromises Christmas Dinner
August 26, 2021

Good news for Ebenezer Scrooge and only Ebenezer Scrooge: Christmas in the United Kingdom is under threat. At least, its food supply is. Major grocery executives are warning that the truck driver shortage could threaten the availability of popular Christmas products. Get the Full Story...

Retail
Porsche Extends Online Sales Tool To Include New Vehicle Inventory
August 26, 2021

Gone are the days of trekking to the car dealership to pick out a Porsche sports car. The German auto manufacturer on Thursday (Aug. 26) announced the expansion of its online eCommerce platform, Porsche Finder, to include new inventory from all 193 dealerships in the...

Retail
Perch Acquisition Sets Stage For Larger Push Into Fulfillment Operations
August 26, 2021

Selling on Amazon and other marketplaces can be lucrative for merchants these days — so lucrative that companies like Thrasio, Perch and Elevate Brands have raised over $2.3 billion in funding to acquire and grow these third-party sellers’ brands. Get the Full Story Complete the...

Retail
Ace Hardware Plans New West Coast Distribution Center
August 26, 2021

Hardware retail giant Ace Hardware announced it will open a 1 million-square-foot retail support center in Visalia, Calif., adding more than 400 jobs to the region and improving the company’s West Coast reach. Get the Full Story Complete the form to unlock this article and...

Retail
Dollar Tree Raises Estimated Freight Costs, Lowers Outlook
August 26, 2021

Dollar Tree consolidated net sales increased slightly in the second quarter, up 1 percent to $6.34 billion compared to a year earlier, as the company remains focused on renovations of 800 Family Dollar stores and the rollout of 400 new or renovated combo stores. Get...

Retail
Dollar General To Open Over 1K New Stores
August 26, 2021

Dollar General plans to remodel, relocate or open 2,900 stores across the U.S. by the end of the year, the company said on Thursday (Aug. 26), after spending the last several months building new distribution centers and bolstering its selection of health and beauty merchandise....