In-person events are a thing now, with COVID-19 in our rear-view mirror. But with consumers celebrating occasions together once more, why are Champagne sales down? Whether the pandemic has played a role in this shift, or if younger generations are emphasizing health and wellness over...
As food inflation continues indefinitely, grocery shoppers continue to seek savings, abandoning previous favorite brands and retailers in favor of the best deals. Amid these shifts, traditional grocers are struggling to hold onto their share in the face of increasing competition from mega-retailers and discounters....
British consumers’ purchases rose by 0.7% in June after increasing just 0.1% in May. Month-over-month retail sales volumes in the United Kingdom increased across all the main sectors except for automotive fuel, the Office for National Statistics reported Friday (July 21). By sector, the sales...
Resale and rental have become hot initiatives among retailers. The intention is to cater to consumers’ changing preferences and values, while also mitigating the effects of inflation. But are these initiatives panning out? We’ll find out at the next earnings call for some of the...
Finio has launched a credit aggregation platform for leisure marine, powersports, motorcycle, recreational vehicle (RV), truck and other industries. The platform aims to simplify and accelerate the financing process between dealerships, manufacturers, lenders and customers, improving the digital sales and finance experience, the company said in...
Walmart is continuing its efforts to court customers who receive government assistance. The retail giant on Thursday (July 20) announced the debut of its Walmart+ Assist program, which offers customers on government assistance half off a monthly or yearly Walmart+ paid membership plan. “Walmart+ Assist was designed to...
As United States grocers look to seize on the digital shift, they may need to update their infrastructure to make eCommerce worth its while in the long run, according to Ocado CEO Tim Steiner. On a call with analysts Tuesday (July 18) discussing grocery technology...
GNC has added free healthcare products and services to its loyalty program. With the new GNC Health added to the upgraded GNC PRO Access membership, which has a fixed fee of $39.99 per year, customers can now receive access to free telehealth appointments, 40 generic versions of urgent care medications...
If a coat or a pair pants were tailored to your body, what’s the likelihood of you returning it? Probably slim. But what if tailoring wasn’t an option and relying on what the retail industry has to offer for your body type was the only...