Retail

Retail
1st Dibs IPO Reflects Increased Competition, Demand For All Things Vintage
June 11, 2021

It may have been overshadowed and outsized by monday.com’s initial public offering (IPO) but the trading debut of the vintage goods seller 1st Dibs has been the week’s surprise winner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
AMZN vs WMT Weekly: The War On Drugs Heats Up Over Prices
June 11, 2021

Within hours of each other this week, the low-cost leader and the online giant were both making news for their growing efforts to lower prices in what has become the new frontier for drug war. Get the Full Story Complete the form to unlock this...

Retail
Signet Jewelers Revenues Nearly Double As Same-Store Sales Surge
June 11, 2021

Signet Jewelers, which runs about 2,800 retail locations under names like Jared, Zales and Kay Jewelers, reported as part of its Q1 fiscal year 2022 results that its revenue nearly doubled from last year, according to an announcement. Get the Full Story Complete the form to unlock...

Retail
SIGNA Sports United To Go Public By Merging With A SPAC
June 11, 2021

SIGNA Sports United (SSU), the sports eCommerce retailer and technology company, has struck a deal to combine with publicly-traded special purpose acquisition company (SPAC) Yucaipa Acquisition Corporation (YAC). The deal also encompasses the purchase of eCommerce bike retailer WiggleCRC Group, according to an announcement. Get...

Retail
Chewy Focused On Growing US Wallet Share Before Global Expansion
June 11, 2021

Despite a labor shortage at its fulfillment centers and an increase in out-of-stock items, the online pet supply retailer Chewy said on Thursday (June 10) that efficiently adding new customers and growing its share of consumer spending were the key components of its growth strategy....

Retail
Today In Retail: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley...
June 10, 2021

In today’s top retail news, Faire has landed $260 million in funding headed up by Sequoia Capital, while Miley Cyrus has become a creative advisor to Hims & Hers. Plus, the National Retail Federation (NRF) revised its yearly forecast for 2021. Get the Full Story...

Retail
Grocery Roundup: Instacart Beefs Up Delivery As SMBs Struggle To Hire
June 10, 2021

Consumers can now order meat directly from Instacart— no in-store picking necessary. The online grocer has added direct-to-consumer (D2C) online meat shop ButcherBox to its marketplace. The meat seller announced Friday (June 4) that its Instacart storefront would let consumers shop its meat boxes through...

Retail
Mastercard Projects 78 Pct Pop In Back-To-School Apparel Sales
June 10, 2021

U.S. retail sales are anticipated to be up 5.5 percent outside of automotive and gasoline over the important back-to-school shopping season of July 15 to Sept. 6 compared to a similar timeframe in 2020, according to a Thursday (June 10) announcement that cited data from...

Retail
Beyond The Greenwash: Sir Kensington’s Goes All In On Impact
June 10, 2021

Shoppers are looking to vote with their dollars. Since the start of the pandemic, consumers have increasingly begun focusing on the environmental, social and governance (ESG) goals of the brands and retailers from which they shop. In fact, one recent report found that 83 percent...