Retail

Retail
Burberry CEO Marco Gobbetti To Depart For Salvatore Ferragamo
June 28, 2021

Marco Gobbetti plans to vacate his role as chief executive officer (CEO) of Burberry and depart from the luxury goods company at the conclusion of the calendar year, according to a Monday (June 28) announcement. Gobbetti will leave his role following almost half a decade...

Retail
Hubble Contacts Names Former 1-800-Flowers Exec As New CEO
June 28, 2021

Contact lens subscription company Hubble Contacts has named a former 1-800-Flowers.com executive, Steve Druckman, to serve as the firm’s chief executive officer, according to a Monday (June 28) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Will Free Popcorn Bring People Back To The Movies?
June 26, 2021

Some things just go together. A wink and a smile, peanut butter and chocolate – and, of course, movie theaters and popcorn. Hot, buttery, laden with an absurd number of calories per serving, and nearly impossible to replicate in one’s kitchen at home, the popcorn available...

Retail
Today In Retail: Five Below Grows Instacart Partnership; Canada Goose Intends To Go Fur-Free
June 25, 2021

In today’s top retail news, Five Below has expanded its partnership with Instacart, while Canada Goose plans to end the use of fur in all of its items. Plus, Nike has remained bullish on the expansion of its digital and direct-to-consumer (D2C) business. Get the...

Retail
High Demand For Used Cars Drives CarMax To Record Quarter
June 25, 2021

CarMax, the largest used car dealership chain in the U.S., is seeing a bright future, reporting record quarterly results amid the company’s push to expand its digital presence and a supply chain shortage for new cars that is pushing buyers into the secondhand vehicle market....

Retail
AMZN vs WMT Weekly: Another Prime Day, Another Set Of Record Sales For All
June 25, 2021

In case you hadn’t heard, Amazon and Walmart had some pretty big sales earlier this week — though consumers bought smaller items and overall spent slightly less than in previous years, at least from Amazon. Get the Full Story Complete the form to unlock this...

Retail
Nike’s D2C Dominance Continues To Drive Performance
June 25, 2021

Nike remains bullish on the growth of its digital and direct-to-consumer (D2C) business, executives told investors Thursday (June 24), projecting that digital will account for 50 percent of the sports apparel company’s business by 2025. Get the Full Story Complete the form to unlock this...

Retail
Luxury Outerwear Brand Canada Goose Plans To Go Fur-Free
June 25, 2021

Amid Canada Goose’s concentration on its HUMANATURE purpose-based platform, “relentless innovation” and “expanding lifestyle relevance,” the luxury outerwear brand plans to end the use of fur in all of its merchandise, according to an announcement. Get the Full Story Complete the form to unlock this...

Retail
Five Below Expands Instacart Partnership For Same-Day Delivery
June 25, 2021

Off-price retailer Five Below has expanded its collaboration with Instacart following a successful pilot launch with the logistics firm in December 2020, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...