The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. But sometimes the pre-pandemic plans work out just fine. Get the Full Story Complete the form to unlock this article and...
Shopify reported second-quarter earnings on Wednesday (July 29) that demonstrated the growing digital shift for consumers, with the company recording a dramatic increase in both the number of stores on the platform and consumer spending at those stores. Get the Full Story Complete the form...
Sycamore Partners is reportedly seeking to buy JCPenney for $1.75 billion and intends to combine the iconic retailer with the Belk department store chain, the New York Post reported, citing an unnamed source. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amazon CEO Jeff Bezos will testify before a U.S. House of Representatives subcommittee on Wednesday (July 29) that his eCommerce company comprises just a small portion of the retail market domestically and worldwide, where there is plenty of room for competition. Get the Full Story...
Americans seem to be holding onto their cars for longer periods of time. Research from IHS Markit shows that the average age of “light vehicles” in operation in the U.S. has risen to 11.9 years. Get the Full Story Complete the form to unlock this article...
Delivery Hero reported on Tuesday (July 28) that orders had almost doubled to 281 million in Q2. The logistics platform said its order growth is back on pace following a decline in orders between March to May because of the pandemic and that the company...
The transition to digital car buying has been in motion since the beginning of the pandemic. Now one of the industry pioneers is predicting the shift will be permanent. Cars.com released data and analysis this week that it says shows the pandemic will change car...
As senior vice president of marketing for retail technology platform Bluecore, one of the best parts of Sherene Hilal’s job was gathering key retailers once a year to download what they needed and then figuring out how her company could help. The annual event was...
As it looks to increase its digital business in the three years to come, Moncler plans to take internal control over its online shopping channel. The Italian luxury brand said its direct management of online commerce will commence in Canada and the United States in...
