Retail

Retail
Work-from-Home Trend Not Working for Stores Whose Clientele Is Mainly Office Workers
December 08, 2021

Few, if any, remote workers are complaining about the work from home (WFH) uniform of sweatpants, or giving up the commute, but for millions of workers and thousands of businesses that can’t operate remotely — from restaurants to retail stores — remote work isn’t working. ...

Retail
Lego Building $1B Factory to Meet Asian Demand
December 08, 2021

Danish toy maker Lego is building a $1 billion factory in Vietnam as demand for the toy bricks across Asia continues to grow, according to a report on Wednesday (Dec. 8) in The Wall Street Journal. Get the Full Story Complete the form to unlock...

Retail
Supply Chain Hang-Ups Delaying Apple Product Deliveries
December 08, 2021

iPhone and iPad assembly stopped for several days in October — usually one of the busiest times of the year ahead of the holiday rush — because of global supply chain bottlenecks and power use restrictions in China, sources with knowledge of the predicament told...

Retail
Auto Parts Sales Get Boost From New Car Shortage
December 08, 2021

With the automotive microchip shortage expected to last well into 2022, prices for new and used cars remain elevated, leading many consumers to consider repairs and better upkeep of their vehicles over outright replacement. Get the Full Story Complete the form to unlock this article...

Retail
Wayfair Bets Stores Can Boost Slowing Digital Sales
December 08, 2021

Traffic at physical stores remains on a long-term downward trajectory despite a recent rebound compared to last year’s pandemic lows, but that isn’t stopping retailers from leaning into store openings, with Wayfair as the latest digital brand to announce new brick-and-mortar efforts. Get the Full...

Retail
Stitch Fix Shifts Strategy to Focus on Direct Purchases With Freestyle Offering
December 08, 2021

Stitch Fix executives assured investors and analysts Tuesday (Dec. 7) that recent investments in the business that have led to losses on the balance sheet will pay off in the long term as the company transitions to providing a wider set of features and purchase...

Retail
Colgate-Palmolive Goes Direct to Consumer to Boost Sales in Asia
December 07, 2021

Smile, Southeast Asia. Health and beauty stalwart Colgate-Palmolive is linking up with Singapore-based eCommerce giant Shopee to help the beauty brand grow its sales in the region by a factor of 20 times over the next four years. Get the Full Story Complete the form...

Retail
Today in Retail: Target and Kohl’s Fight Over Beauty Shoppers; Retailers Try to Reduce Holiday...
December 07, 2021

In today’s top retail news, Target’s partnership with Ulta is facing off against the Kohl’s partnership with Sephora, while retailers are trying to cut down on the items that shoppers return when the holidays are through. Also, Walmart is working with Yahoo! to boost its...

Retail
Retailers Hope Virtual Try-Ons, Clothing Rentals Cut Down on Returns
December 07, 2021

With the holiday shopping season upon us and Christmas just over two weeks away, retailers are gearing up for another annual consumer event: return season, which typically kicks off in early January as the glow of holiday happiness diminishes. Get the Full Story Complete the...