Retail

Retail
thredUP Acquisition Sets Europe As Next Resale Battleground
July 27, 2021

California-based thredUP is preparing to enter the European market via the acquisition of reCommerce platform Remix, a move that comes as the resale market is poised to explode in both the U.S. and Europe. Get the Full Story Complete the form to unlock this article...

Retail
Klarna Adds To Retail Support Services With Another Social Commerce Acquisition
July 27, 2021

Payments and shopping platform Klarna announced plans to acquire another social commerce company on Tuesday (July 27), in a move aimed at helping it round out its retail services and meet rising consumer demand for better interactive shopping experiences. Get the Full Story Complete the...

Retail
Online Delivery, COVID Vax Shipments Spur UPS Q2 Success
July 27, 2021

The continued growth of eCommerce deliveries, increases in air shipments and record levels of parcels requiring special handling — including COVID-19 vaccines — were key factors in the higher-than-expected revenues reported Tuesday (July 27) by United Parcel Service. Get the Full Story Complete the form...

Retail
Sherwin-Williams Revenues Near $5.4B Despite Big Drop In Consumer Sales
July 27, 2021

The Sherwin-Williams Company reported an overall increase in net sales of 16.9 percent to almost $5.4 billion for the second quarter of 2021, but the numbers show a 25 percent dip in the consumer sales segment of the business, which saw lower sales volume and...

Retail
Today In Retail: Bed Bath & Beyond Updates Supply Chain; Hasbro Sees Digital Growth
July 26, 2021

In today’s top retail news, Bed Bath & Beyond is updating its supply chain infrastructure, while Hasbro’s digital business wins big in the second quarter. Also, Sephora is buying a U.K. digital beauty merchant to expand its reach, and Amazon is upgrading its luxury marketplace....

Retail
Lenders, Dealers Thriving In Hot Auto Market
July 26, 2021

With Americans shopping for cars at a near-record pace and a computer chip shortage meaning that dealers are struggling to meet that demand, the average price of a used car was $18,453 in June, up more than one-third over the same time a year ago,...

Retail
Digital Business Helps Hasbro Make Up For Lagging Board Game Sales
July 26, 2021

Following a year in which board games were among the highlights of social interaction, Hasbro has seen a decrease in demand for some of its mainstay products, but an acceleration in its digital gaming and entertainment divisions. Get the Full Story Complete the form to...

Retail
Amazon Upgrades Luxury Marketplace With Glossy Ads Aimed At Designers, Customers
July 26, 2021

Less than a year after the inception of Amazon’s Luxury Stores, the company has opened the doors to more consumers and begun using the platform as an opportunity to introduce people to new designers. Get the Full Story Complete the form to unlock this article...

Retail
Sephora Advances European Growth Strategy With Acquisition Of Feelunique
July 26, 2021

In a move that provides it with a formidable presence in the British beauty market, Sephora is purchasing digital beauty merchant Feelunique. The deal is anticipated to close in the latter half of 2021. Particulars of the arrangement were not made known, Yahoo Life reported....