Retail

Retail
Today In Food: Uber Eats Comes Out On Top, Fast-Casual Brands Join Forces
August 05, 2021

Today in restaurant and grocery news, Uber touts its global leadership in food delivery just as DoorDash gears up for a major grocery investment. Plus, Panera Breads teams up with other JAB Holding Company brands to pull ahead in the fast-casual space. Get the Full...

Retail
Child Tax Credit Boosts July US Retail Sales, Mastercard Reports
August 05, 2021

U.S. retail sales in July increased by 10.9 percent year on year, excluding auto and gasoline, signifying “nearly quadruple the average growth in the month of July,” a new report from Mastercard showed. Get the Full Story Complete the form to unlock this article and...

Retail
Today In Retail: Wayfair Customer Count Drops, But Etsy Holds Onto New Buyers
August 05, 2021

In today’s top retail news, Wayfair is seeing a decline in active customers as the nesting trend ends, while Etsy says it’s hanging onto people who came to its marketplace during the pandemic. Also, the toy industry saw a boost as kids returned to outdoor...

Retail
Grocery Roundup: Grocers Expand Beyond The Supermarket
August 05, 2021

In today’s connected economy, the food and beverage (F&B) businesses that lead the pack are those that are able to break down divisions between the various F&B categories to engage with consumers across their eating and drinking routines. Against this backdrop, Midwestern grocery chain Hy-Vee...

Retail
Panera, Caribou, Einstein Bros. Consolidate Into Mega-Group Amid Fast-Casual Growth
August 05, 2021

There is strength in numbers (in this case, in the number three). JAB Holding Company, parent company of a range of food and drink brands, has combined three of its subsidiaries — Panera Bread, Caribou Coffee and Einstein Bros. Bagels — into Panera Brands, the...

Retail
Etsy CFO Says Pandemic Buyers ‘At Least As Valuable’ As Pre-COVID Users
August 05, 2021

Despite concerns that consumers who flocked to Etsy at the height of the pandemic would disappear when more shopping options became available, executives at the online marketplace say they’ve seen nothing to suggest that is happening. Get the Full Story Complete the form to unlock...

Retail
Wayfair Sees Decline In Active Customers Amid ‘Murkiest Moment’ Of 2021
August 05, 2021

Furnishings and home goods retailer Wayfair said the fundamentals driving growth of online furniture sales remain intact despite falling orders and active customers in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
eCommerce Needs To Evolve Beyond Decades-Old Transaction-Based Mindset
August 05, 2021

Shopping at most merchants online has a familiar feel: A webpage with a photo grid of 25 or so items, each with a description or fun product name. Maybe the items expand when your mouse hovers over them; maybe a chatbot says hello. But other...

Retail
Toy Industry Grows 19 Pct In First Half Of Year As Consumers Head Outside
August 05, 2021

The U.S. toy industry grew almost 20 percent in the first half of 2021, up $1.7 billion to $11 billion, according to The NPD Group. The industry saw a compound annual growth rate (CAGR) of 9 percent in both dollars and average selling price from...