Retail

Retail
Stitch Fix Relying on ‘New Ecosystem’ to Drive Consumer Spend
September 22, 2021

Online styling service Stitch Fix is rapidly expanding its offerings beyond its traditional “Fix,” wherein stylists choose products for clients without direct customer input, in an attempt to take a larger share of the apparel market and steady the company’s market volatility. Get the Full...

Retail
Mattress Firm Considers IPO at Volatile Time for Category
September 22, 2021

Mattress Firm’s confidential initial public offering (IPO) filing with the U.S. Securities and Exchange Commission earlier this week comes as competitors are facing increasing headwinds despite increased consumer focus on health and wellness. Get the Full Story Complete the form to unlock this article and...

Retail
Bed Bath & Beyond Expands DoorDash Partnership
September 22, 2021

Bed Bath & Beyond on Wednesday (Sept. 22) announced that it will offer on-demand delivery of home goods from more than 700 Bed Bath & Beyond stores and about 120 buybuy BABY locations through an expanded nationwide partnership with DoorDash that covers more than 60,000...

Retail
Today In Retail: Grover Imports Tech Rental Service to US; Amazon to Offer SMB Loans...
September 21, 2021

In today’s top retail news, consumer electronics rental service Grover is launching in the U.S. after success in several European markets, and ShipBob’s CEO tells PYMNTS that direct-to-consumer (D2C) brands need to make sure their customer experience extends through the fulfillment process. Also, Amazon is...

Retail
UK Supermarkets Adopt Automated Solutions to Combat Labor Shortage
September 21, 2021

As United Kingdom grocers struggle against a historically challenging labor market, many are accelerating their automation efforts. On Monday (Sept. 20), it was reported that Germany-based discount grocery giant Aldi is trying out its first checkout-less supermarket in London, and on Tuesday (Sept. 20), Asda,...

Retail
New Study Finds Grocery Shoppers Favoring Physical Stores and Digital Payments
September 21, 2021

What pandemic? It’s a question you might ask when analyzing responses to What Consumers Expect From Their Grocery Shopping Experiences, a PYMNTS and ACI Worldwide collaboration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
eCommerce Searches Fall Short By Prioritizing Speed Over Actual Sales Results
September 21, 2021

Despite advances in technology and mass adoption of eCommerce over the last several years, the basic way of searching for products online hasn’t changed all that much — search results are often listed “in order of relevance” in neat rows on a webpage. Get the...

Retail
ShipBob CEO Says D2C Differentiation Must Extend to Fulfillment
September 21, 2021

Getting a shipment from a small eCommerce merchant or direct-to-consumer (D2C) brand should feel different than receiving a package from Amazon, according to ShipBob CEO Dhruv Saxena. Because the consumer has likely bought directly from the brand’s website, the goal should be that “the customer...

Retail
AutoZone Invests in Tech to Power Growth
September 21, 2021

Auto parts retailer AutoZone, Inc. on Tuesday (Sept. 21) said its fourth-quarter net sales were $4.9 billion for the 16-week period ending Aug. 28, up 8.1% from the same time in 2020. Get the Full Story Complete the form to unlock this article and enjoy...