In today’s top retail news, Sotheby’s is finding a way to reach consumers who don’t want to wait for an auction, and Walmart says it will stop paying quarterly bonuses to store associates as it raises base pay. Also, oral care sales still primarily come...
As consumers grow worried about rising costs, grocery giant Kroger is keeping them shopping with personalized offers through its ecommerce platforms. In its second quarter of 2021, the grocer’s digital sales fell 13% year over year by remained 114% above 2019, driven by data-informed digital...
Kroger closed its second quarter with new digital partnerships, rebranding with a unifying symbol and boosting its employees’ wages to $16 per hour, which will scale up to near $21 by the year’s end. Get the Full Story Complete the form to unlock this article...
When COVID-19 caused the physical world to shut down and forced all commerce to be conducted digitally, multinational auction house Sotheby’s saw a 600% increase in the value of online auctions, a “radical shift” in the company’s business, according to Josh Pullan, managing director of...
The past several weeks have seen a sort of third-party logistics one-upmanship between Amazon and Walmart, culminating in this week’s report that Amazon has begun shipping cargo for outside customers to compete with UPS and FedEx. Get the Full Story Complete the form to unlock...
With endless Zoom calls over the last 18 months forcing people to look at their own reflections more than ever before, combined with mask-wearing because of the pandemic, oral health has taken on greater importance for people, especially within the increased focus on health and...
Beauty tech company Perfect Corp. is launching a new digital makeup tutorial solution, giving brands the ability to present step-by-step lessons using artificial intelligence (AI) and augmented reality (AR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Hundreds of thousands of Walmart store workers won’t get their “MyShare” quarterly bonuses after Jan. 31, 2022, instead earning hourly wage increases from the world’s largest private employer, according to a company memo sent to staff first reported by The Wall Street Journal. Get the...
In today’s top retail news, connected fitness giant is launching its own private-label line of apparel, while Shipt is adding close to 1,000 stores and widening its reach to include more than two million households in a coast-to-coast expansion. Also, luxury furnishings retailer RH says...