Part of the trick in retail is knowing when to pass the torch, so to speak – in other words, focusing more effort on reaching younger consumers and meeting their desires. Target stands as one of the latest examples. To reach consumers on the hunt for...
To become more agile and squeeze out costs in the age of online shopping, shipping and logistics conglomerate UPS is turning to automation. The move comes as the firm is adjusting to the rise of deliveries for eCommerce, Bloomberg reported. UPS Network Planning Tools Initiative Program Manager...
Plant-based meat maker Beyond Meat is looking to raise up to $183.8 million from an initial public offering (IPO). According to Reuters, the company’s latest filing with the U.S. Securities and Exchange Commission (SEC) revealed that it is prepared to offer 8.75 million shares, priced between $19...
The world of groceries in the U.S. is a tough market – and getting tougher. And while the clash of the titans that is Amazon and Walmart’s battle for the consumer’s whole paycheck tends to draw mass interest, particularly when the fight gets to groceries, it...
After being one of many department store retail players to shoulder through a difficult holiday season, Kohl’s has been back in action in 2019, looking to reverse the trend of falling foot traffic and sagging in-store sales. Online sales have been a strong point: As of...
When Green Piñata Toys Founder Shiva Kashalkar’s daughter was about eight months old, the new parent was excited to buy toys for her. However, she noticed her child would soon grow bored with them. With 85 percent of a child’s brain developing within the first...
Coffee chains are brewing up a battle over customer loyalty: After news surfaced that Starbucks was updating its rewards offering, Dunkin’ is revamping its own rewards program with a pilot multi-tender system. The company is testing a DD Perks program that lets diners earn points...
To reach consumers on the hunt for offerings that are “clean and natural,” Target rolled out its Everspring household brand. The line includes products such as dish soap, paper towels and laundry detergent, CNBC reported. Christina Hennington, a senior vice president and general merchandise manager...
Only a few years after a full rollout of Apple Pay, JCPenney has reportedly dropped the Apple Pay digital payment service in its app and brick-and-mortar stores. The retailer’s support account on Twitter noted the change during the weekend, 9 to 5 Mac reported. In...