Retail

Retail
Today In Retail: Wayfair Customer Count Drops, But Etsy Holds Onto New Buyers
August 05, 2021

In today’s top retail news, Wayfair is seeing a decline in active customers as the nesting trend ends, while Etsy says it’s hanging onto people who came to its marketplace during the pandemic. Also, the toy industry saw a boost as kids returned to outdoor...

Retail
Grocery Roundup: Grocers Expand Beyond The Supermarket
August 05, 2021

In today’s connected economy, the food and beverage (F&B) businesses that lead the pack are those that are able to break down divisions between the various F&B categories to engage with consumers across their eating and drinking routines. Against this backdrop, Midwestern grocery chain Hy-Vee...

Retail
Panera, Caribou, Einstein Bros. Consolidate Into Mega-Group Amid Fast-Casual Growth
August 05, 2021

There is strength in numbers (in this case, in the number three). JAB Holding Company, parent company of a range of food and drink brands, has combined three of its subsidiaries — Panera Bread, Caribou Coffee and Einstein Bros. Bagels — into Panera Brands, the...

Retail
Etsy CFO Says Pandemic Buyers ‘At Least As Valuable’ As Pre-COVID Users
August 05, 2021

Despite concerns that consumers who flocked to Etsy at the height of the pandemic would disappear when more shopping options became available, executives at the online marketplace say they’ve seen nothing to suggest that is happening. Get the Full Story Complete the form to unlock...

Retail
Wayfair Sees Decline In Active Customers Amid ‘Murkiest Moment’ Of 2021
August 05, 2021

Furnishings and home goods retailer Wayfair said the fundamentals driving growth of online furniture sales remain intact despite falling orders and active customers in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
eCommerce Needs To Evolve Beyond Decades-Old Transaction-Based Mindset
August 05, 2021

Shopping at most merchants online has a familiar feel: A webpage with a photo grid of 25 or so items, each with a description or fun product name. Maybe the items expand when your mouse hovers over them; maybe a chatbot says hello. But other...

Retail
Toy Industry Grows 19 Pct In First Half Of Year As Consumers Head Outside
August 05, 2021

The U.S. toy industry grew almost 20 percent in the first half of 2021, up $1.7 billion to $11 billion, according to The NPD Group. The industry saw a compound annual growth rate (CAGR) of 9 percent in both dollars and average selling price from...

Retail
Angi Changes For The Better With 12 Pct Q2 Revenue Increase
August 05, 2021

Angi Inc. has been through a lot of changes in the last year or so, from a new name to a new CEO, and all of those tweaks seem to be paying big dividends for the company, which reported a 12 percent revenue increase for...

Retail
Today In Retail: Apple And Affirm Make More BNPL Waves; CVS Looks To Combat Labor...
August 04, 2021

In today’s top retail news, Apple and Affirm continue this week’s slew of buy now, pay later (BNPL) announcements, while CVS Health is joining the increasing number of retailers that are offering higher pay and better benefits to attract sidelined workers. Also, an increase in...