Retail

Retail
Walmart Marketplace Adds New Fulfillment Options for Third-Party Sellers
August 30, 2023

Walmart has announced new fulfillment options and an expansion to Chile for the third-party sellers on its marketplace platform. These new services were announced in conjunction with the retail giant’s first-ever summit dedicated to Walmart Marketplace and its third-party sellers, Manish Joneja, senior vice president...

Retail
e.l.f. Beauty to Double Share of Skin Care Market With Naturium Acquisition
August 30, 2023

e.l.f. Beauty announced it has entered a definitive agreement to acquire skin care brand Naturium. The deal, valued at $355 million, is expected to double e.l.f. Beauty’s presence in the skin care market to approximately 18% of retail sales, the company said in a Tuesday (Aug. 29) press...

Retail
Big Lots Banks on Holiday Shopping to Bounce Back From Weak Q2
August 30, 2023

Big Lots is hoping holiday décor will put consumers in a shopping mood.   The discount retailer, while announcing its second-quarter earnings Tuesday (Aug. 29), acknowledged that persistent inflation has negatively impacted its financial performance, leading consumers to cut back on discretionary spending.  Earlier this month,...

Retail
Driving Sales Through Exclusivity Takes Time, Says Brunello Cucinelli  
August 30, 2023

Quiet luxury is the epitome of exclusivity, transcending ostentatious displays of wealth, and that’s a realm Brunello Cucinelli is determined to stay in.  “Exclusivity and rarity will allow a company to last a century. It’s not easy, but this is what we believe in,” said...

Retail
Gen Z Shifts Product Discovery From the Storefront to the Streaming Platform
August 30, 2023

Consumer search and shopping habits have transformed over time. With platforms ranging from Google and Pinterest to TikTok — according to Google’s own data, nearly 40% of Gen Z consumers use TikTok and Instagram for search instead of Google — individuals now have a variety...

Retail
Walmart Channels Walgreens With COVID, Flu and Strep Throat Testing in Pharmacies
August 29, 2023

Walmart has launched a new program called Testing and Treatment at its pharmacies in 12 states, according to the retailer Tuesday (Aug. 29). The program allows Walmart pharmacists to test customers for strep throat, the flu and COVID-19 and then provide appropriate treatments. The program is available...

Retail
Omnichannel, AI Can Help Retailers Joust With Amazon, Walmart for Health and Beauty Spend
August 29, 2023

Despite inflation, despite the volatility in discretionary spending, certain categories are holding up. Consumers are still opening their wallets to buy health and beauty products. Data from the U.S. Census Bureau showed that health and personal care-related spending was up 0.7% in July versus June, and up 8% on...

Retail
JOANN’s Data Analytics Drives Tailored Campaign Success Amid Back-to-School Rush 
August 29, 2023

When you think of JOANN’s you might think of simply arts and crafts, but arts and crafts can be applicable to many occasions, including back-to-school, and that’s an idea the specialty retailer has leaned into by meeting back-to-school goers where they frequent most — social...

Retail
Returns Without a Receipt: The Ticket to Loyalty or Fraud? 
August 29, 2023

Returning without a receipt — at first thought, would you tie the ability to return an item to loyalty? These days, the answer is yes, as returns have evolved into a vital element of loyalty, as consumers often review return policies before even contemplating a...