Retail

Retail
Wayfair Sees Decline In Active Customers Amid ‘Murkiest Moment’ Of 2021
August 05, 2021

Furnishings and home goods retailer Wayfair said the fundamentals driving growth of online furniture sales remain intact despite falling orders and active customers in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
eCommerce Needs To Evolve Beyond Decades-Old Transaction-Based Mindset
August 05, 2021

Shopping at most merchants online has a familiar feel: A webpage with a photo grid of 25 or so items, each with a description or fun product name. Maybe the items expand when your mouse hovers over them; maybe a chatbot says hello. But other...

Retail
Toy Industry Grows 19 Pct In First Half Of Year As Consumers Head Outside
August 05, 2021

The U.S. toy industry grew almost 20 percent in the first half of 2021, up $1.7 billion to $11 billion, according to The NPD Group. The industry saw a compound annual growth rate (CAGR) of 9 percent in both dollars and average selling price from...

Retail
Angi Changes For The Better With 12 Pct Q2 Revenue Increase
August 05, 2021

Angi Inc. has been through a lot of changes in the last year or so, from a new name to a new CEO, and all of those tweaks seem to be paying big dividends for the company, which reported a 12 percent revenue increase for...

Retail
Today In Retail: Apple And Affirm Make More BNPL Waves; CVS Looks To Combat Labor...
August 04, 2021

In today’s top retail news, Apple and Affirm continue this week’s slew of buy now, pay later (BNPL) announcements, while CVS Health is joining the increasing number of retailers that are offering higher pay and better benefits to attract sidelined workers. Also, an increase in...

Retail
Today In Food: Lines Blur Between Grocery And Restaurant, Content And Commerce
August 04, 2021

Today in restaurant and grocery news, POS companies aim to meet more of restaurants’ tech needs, while sandwich chain Quiznos announced that some Denver locations will soon accept bitcoin. Plus, contextual commerce platform Chicory’s president talks about making content fully shoppable. Get the Full Story...

Retail
With The Summer Event Season ‘Roaring,’ Consumers See Ticket Prices Soaring 
August 04, 2021

Consumers are getting back in the live-event saddle again. As Live Nation announced Q2 earnings this week, the firm touted that its Ticketmaster just had one of its best months ever in North America, as consumers are heading back out for in-person events. Get the...

Retail
Kroger Brings Ghost Kitchens To Stores With Kitchen United Partnership
August 04, 2021

On Wednesday (Aug. 4), top U.S. grocer Kroger announced a partnership with Kitchen United, one of the leading companies bringing ghost kitchens, which are off-premises-only restaurants available via online ordering. Through the partnership, Kitchen United will bring up to six restaurant brands — a combination...

Retail
CVS Lifts Employees’ Hourly Pay To Combat Labor Shortage
August 04, 2021

As retailers across the U.S. continue their struggle to find enough employees, CVS Health is raising its hourly minimum wage and removing education requirements for recruitment of employees, a move that executives hope allows the company to bolster its ranks and continue growth. Get the...