Retail

Retail
Rising Demand Triggers Boat Inventory Shortage Amid Pandemic
March 19, 2021

Escalating boat sales fueled by the coronavirus pandemic have created nationwide shortages of vessels in the U.S. as people clamored to find socially-distanced activities to engage in outside of their homes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today In Retail: Hims & Hers Health Revenue Soars By 67 Pct; Adidas Collaborates With...
March 19, 2021

In today’s top retail news, Hims & Hers Health, Inc. reported its fourth quarter revenue jumped by 67 percent, while Peloton is collaborating with Adidas on a new sports clothing line. Plus, Walmart is relaxing requirements that made its marketplace merchants be registered in the...

Retail
Is Ocado’s 40 Percent Revenue Growth The ‘New Normal’ For Grocery Retail?
March 19, 2021

At the end of 2020, as the then-new, more contagious strain of the coronavirus spread throughout the United Kingdom, the country went into another round of severe lockdowns, and many of these measures remained in place through the beginning of 2021. In this time, sales...

Retail
Walmart Lets International Merchants Sell On Its Marketplace
March 19, 2021

Walmart relaxed requirements that mandated its marketplace merchants be registered domestically, Bloomberg reported, just weeks after the world’s biggest retailer said it would spend $350 billion on products manufactured, grown or assembled in the United States. Get the Full Story Complete the form to unlock...

Retail
Nike’s Supply Problem Isn’t Causing Demand Problems (Yet)
March 19, 2021

Whether it’s the famed Nike swoosh, legendary Air Jordans or iconic Converse All-Stars, demand for — and recognition of — the world’s largest athletic shoemaker’s top three brands has never been stronger. However, meeting that demand has never been tougher. Get the Full Story Complete...

Retail
FreshDirect Looks To Micro-Fulfillment For Post-Pandemic Expansion
March 18, 2021

The past year has seen an unprecedented change in grocery habits, with mass adoption of digital and remote alternatives to the traditional in-store shopping journey, as consumers sought out COVID-safe ways to get the foods they needed. No businesses were better positioned to take advantage...

Retail
Restaurant Sales Fell In February, But Coming Months Look Promising
March 18, 2021

February may have been a good month for the restaurant industry in terms of job gains, but sales tell a different story. The National Restaurant Association, the “largest foodservice trade association in the world,” which represents over 500,000 U.S. restaurant businesses, reported on Tuesday (March...

Retail
Today In Retail: Five Below Registers 13.8 Pct Comp Sales Increase; Yotpo’s eCommerce Tech Garners...
March 18, 2021

In today’s top retail news, Five Below, Inc. registered comparable stores sales growth of 13.8 percent, while Yotpo’s integrated eCommerce solution has garnered $230 million in funding. Plus, Williams-Sonoma, Inc. reported that Q4 comparable brand revenue growth accelerated to almost 26 percent. Get the Full...

Retail
Adidas Teams Up With Peloton For New Sports Apparel Line
March 18, 2021

Interactive fitness platform Peloton and athletic apparel manufacturer Adidas are teaming up to develop a new line of sports apparel and lifestyle gear that is set to hit stores and websites next week. Get the Full Story Complete the form to unlock this article and...