Retail

Retail
Walmart to Add 20K Supply Chain Workers
September 01, 2021

Walmart is working to help improve bottlenecks in the global supply chain by hiring 20,000 employees to work in distribution centers, fulfillment centers and transportation offices, the company said Wednesday (Sept. 1). Get the Full Story Complete the form to unlock this article and enjoy...

Retail
PVH Corp. Raises Full-Year Outlook After Q2 Results
September 01, 2021

PVH Corp.’s efforts to streamline its operations in the last several months by selling several of its Heritage Brand companies are paying off — to the tune of a 46% increase in revenue for the second quarter of 2021, the company said on Tuesday (Aug....

Retail
China’s Greater Bay Area Ushers In 3-Week Digital Shopping Festival
September 01, 2021

China is ushering in a three-week online shopping event targeting the economic growth center of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), according to the state-owned Xinhua News Agency and China Daily. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today In Retail: Walmart Struggles in Home Furnishings; Consumers Blame Merchants, Not Bad Actors, When...
August 31, 2021

In today’s top retail news, Walmart could not make up any ground in the furniture and home furnishings category in the second quarter despite its new partnership with Gap, while Riskified says only one-third of consumers trust retailers’ ability to prevent fraud. Also, men looking...

Retail
Today in Food Tech: Yandex Buys $1B Uber Stake; FreshDirect Lowers Prices
August 31, 2021

Today in restaurant and grocery tech news, FreshDirect adds 250 SKUs of parent company Ahold Delhaize’s private label brands, and Russian food delivery company Yandex purchases a stake in Uber in a $1 billion deal. Plus, Nat Trienens, founder and CEO of digital ordering solutions...

Retail
Hoka Opening Retail Sneaker Stores
August 31, 2021

Hoka will open a pair of retail stores on Wednesday (Sept. 1) on 5th Avenue in New York City’s Flatiron neighborhood and on Melrose Avenue in West Hollywood, in a move that puts the sneaker brand’s money on brick-and-mortar locations as growth accelerators for parent...

Retail
Middle-Mile Logistics Solution Gatik Raises $85M, Bringing Grocery Supply Chain’s Fully Automated Future Into View
August 31, 2021

In a vision of the future seemingly straight out of a Pixar film, groceries may soon be delivered to stores by trucks that drive themselves. Gatik, a company that creates autonomous middle-mile logistics technology, announced Tuesday (Aug 31) that it had raised $85 million in...

Retail
FreshDirect Woos Shoppers with Major Private Label Expansion, Lower Prices
August 31, 2021

In a move to attract cost-conscious consumers with low prices, FreshDirect is taking advantage of parent company Ahold Delhaize’s extensive portfolio of private label offerings to add more low-cost products to its e-shelves. The New York-based online grocer, which delivers in select markets throughout the...

Retail
Two-Thirds of Consumers Don’t Trust Retailers’ Ability to Prevent Fraud
August 31, 2021

The increase in eCommerce activity over the past 18 months is good news for merchants hoping to drive online sales, but it’s also raising the risk of fraud and raising consumers’ anxieties about how bad actors might compromise their personal data. Get the Full Story...