Crocs’ second-quarter revenue growth was even more than company officials’ most optimistic predictions, but the supply chain could hamper that uptick in Q3 and beyond. Meanwhile, Gap has streamlined its rewards programs and retailers are making beauty products a focus again, including an emphasis on...
Google is tweaking shopping tab features as searches for “discount code” soar. In mattress retail, Sleep Number reported profit and sales below Wall Street’s expectations as component shortages and issues with suppliers slowed deliveries. And in healthcare, Johnson & Johnson’s growth in its most recent quarter was fueled by medical devices and...
Verishop is teaming with Snapchat to roll out a social commerce experience with the popular image-sharing app. In retail, Macy’s is continuing to chase the under-40 consumer segment with a new private brand called “And Now This,” which is rolling out at the start of the back-to-school shopping season. And in transportation, logistical challenges could...
AutoNation continued riding increased demand from consumers for new and used vehicles in its latest quarter. In rural retail, Tractor Supply Co. experienced another quarter of higher sales, as do-it-yourself trends and hobbies stay popular among people amid warmer temperatures and fewer pandemic limitations. And in payment methods, Apple Pay Later could...
Australian consumers love local loyalty programs – when they are able to able to find them. In the economy, U.S. consumers spent more in department stores and less on cars and furniture in June. And in personal finance, consumers believe that a good credit score and established credit history are key...
Walmart is adding the popular Justice brand of children’s apparel and accessories to some stores and its website. In retail rewards, David’s Bridal has seen a sizable number of shoppers enroll in its loyalty program. And in digital payments, payment orchestration platforms can help international firms optimize their cross-border payment flows. All this, Today...
Big retail brands like Dollar General can’t hire fast enough as the retail industry is contending with a combination of headwinds that are making the task of onboarding new people unusually challenging. In payment methods, buy now, pay later (BNPL) has become an increasingly popular installment payment choice. And in banking,...
Angi is formalizing its “Angi Key” membership program, which gives enrolled clients a discount on home services in exchange for a flat yearly fee. In food and beverage, eateries are working to meet the digital-first expectations of customers, and are developing multichannel dining experiences. Eateries are also working to...
Walmart’s Indian eCommerce venture Flipkart has landed a new round of fundraising ahead of a possible initial public offering (IPO). And, in recurring revenue, an American Express veteran is taking over as head of the Walmart+subscription program, which rolled out in September 2020 as a foil...
