The “Big Four” – Amazon, Apple, Facebook and Google – had one of those weeks that looked quiet on the surface, but contained some positive news for retailers. The biggest news (or news leak) came from Apple watchers. Not only is 5G coming in October,...
The Michaels Companies, Inc. reported Q2 eCommerce growth of over 350 percent year on year, fueled by bolstered and expanded omnichannel functions such as same-day delivery and curbside pickup, according to a Thursday (Sept. 3) announcement. Get the Full Story Complete the form to unlock...
Signet Jewelers Ltd. reported on Thursday (Sept. 3) that same-store sales dropped 31.3 percent in Q2 FY21, but eCommerce revenues grew 72.1 percent year over year as the chain expanded its virtual-selling model amid a digital shift, according to an announcement. Get the Full Story...
Marketplace models have powered and scaled commerce for millennia, but the digital shift combined with the online marketplace options now available to buyers and sellers are reenergizing marketplace dynamics for Main Street, where small and medium businesses (SMBs) are reinventing themselves with new digital storefronts...
Luxury goods are making a comeback in retail as seen through results from Tiffany & Co. and Movado as well as promising signs from department stores and the category’s biggest market: China. Get the Full Story Complete the form to unlock this article and enjoy...
This month marks the last lap of the third quarter. Absent of a substantial back-to-school season and without government stimulus checks, many retailers will be happy to see it go. Retailers who were ready to absorb and capitalize on the digital shift will wish it...
For Macy’s, second-quarter earnings showed better than expected numbers, but they also made it clear that the pandemic continues to be a draining factor – and that the fourth quarter will be a critical time in the life of the iconic department store. Get the...
Trade has raised $9 million in a Madrona Venture Group-led financing round, with the ongoing support of Launch and JAB. The coffee subscription company aims to “inspire better brewing” by linking coffee-drinking consumers with roasters, according to a Wednesday (Sept. 2) announcement. Get the Full...
After rolling out over 135 free offerings to help merchants grow their sales in its digital store as of the start of this year, Amazon said it is set to invest $18 billion in 2020 to assist independent businesses in selling to shoppers, according to...
