Consumers’ dining habits have shifted enormously in the last year — not only logistically, due to contagion concerns, but also food-wise, due to their changing appetites. Given the emotional stress of the year, consumers have been looking for foods that make them feel good, whatever...
In today’s top retail news, CarParts.com, Inc. reported a surge in sales in the fourth quarter of 2020, while Target is debuting a new food and beverage brand focused on indulging and snacking. Plus, Stitch Fix said it swung to a $21 million loss last...
Online personal styling service Stitch Fix said it swung to a $21 million loss last quarter due to increased shipping costs, higher inventory reserves and rising compensation and benefit expenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Following a quarter — and year — in which digital retail sales and alternative order fulfillment options like curbside pickup and BOPIS (buy online, pick up in-store) surged, retailers of all sizes and styles are understandably looking to grow those practices again in 2021, but...
CarParts.com, Inc., an eCommerce automotive company, reported as part of its financial results that net sales jumped 90 percent year over year in the fourth quarter of 2020, which included an extra week, from the year-ago quarter, according to a press release. Get the Full Story...
In a time when consumers are seeking small ways to escape from a stressful environment, Target is rolling out a grocery brand geared toward indulging and snacking, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
As the past year accelerated the digital shift, with consumers spending more and more of their time online, growing increasingly accustomed to seamless digital experiences, supermarkets and grocery stores are being challenged to meet consumers on the channels they frequent. By approaching commerce contextually, rather...
When news emerged last week that mall operator Washington Prime Group was considering bankruptcy, few — if any — retail or commercial real estate industry watchers were surprised. After all, WPG had been trending lower since 2014 and had been downgraded deeper into junk status...
Japanese electronics giant Panasonic is reportedly pursuing an increased stake in Arizona-based supply chain management firm Blue Yonder, at a time when surging eCommerce has heightened demand for technology that can smooth the process of moving goods from suppliers to retailers to customers. Get the...
