Retail

Retail
Today In Food: Lines Blur Between Grocery And Restaurant, Content And Commerce
August 04, 2021

Today in restaurant and grocery news, POS companies aim to meet more of restaurants’ tech needs, while sandwich chain Quiznos announced that some Denver locations will soon accept bitcoin. Plus, contextual commerce platform Chicory’s president talks about making content fully shoppable. Get the Full Story...

Retail
With The Summer Event Season ‘Roaring,’ Consumers See Ticket Prices Soaring 
August 04, 2021

Consumers are getting back in the live-event saddle again. As Live Nation announced Q2 earnings this week, the firm touted that its Ticketmaster just had one of its best months ever in North America, as consumers are heading back out for in-person events. Get the...

Retail
Kroger Brings Ghost Kitchens To Stores With Kitchen United Partnership
August 04, 2021

On Wednesday (Aug. 4), top U.S. grocer Kroger announced a partnership with Kitchen United, one of the leading companies bringing ghost kitchens, which are off-premises-only restaurants available via online ordering. Through the partnership, Kitchen United will bring up to six restaurant brands — a combination...

Retail
CVS Lifts Employees’ Hourly Pay To Combat Labor Shortage
August 04, 2021

As retailers across the U.S. continue their struggle to find enough employees, CVS Health is raising its hourly minimum wage and removing education requirements for recruitment of employees, a move that executives hope allows the company to bolster its ranks and continue growth. Get the...

Retail
Increased Athletic Apparel Competition Has Lululemon Sweating
August 04, 2021

Even as the pandemic wanes, consumers aren’t giving up their comfortable clothes, leading many brands to double down on athletic apparel offerings and putting the heat on longtime women’s athleisure queen Lululemon. Get the Full Story Complete the form to unlock this article and enjoy...

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Tanger Outlets Traffic Higher Than In 2019, But Leases Slow To Renew
August 04, 2021

Traffic has been higher at Tanger Factory Outlet Centers locations than in 2019, but only about 50 percent of the leases set to expire this year have been renewed across the company’s upscale open-air outlet centers, company officials said during its three- and six-month earnings...

Retail
The Container Store Has First Profitable Quarter In More Than A Decade
August 04, 2021

Storage and organization retailer The Container Store Group reported net sales of $245.3 million in the first quarter of fiscal 2021, up 61.7 percent from the previous year and up 17.1 percent from the first quarter of fiscal 2019. Get the Full Story Complete the...

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Today In Food: Consumers Order More Takeout, Fewer Meal Kits
August 03, 2021

Today in restaurant and grocery news, PYMNTS data finds that off-premise channels make up the bulk of quick-service restaurants’ business, while Blue Apron is losing ground with its customer base. Plus, Athletic Brewing’s CEO discusses the rise of nonalcoholic beer. Get the Full Story Complete...

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Chairish CEO Says European Acquisition Provides ‘Next Big Step’ For International Expansion
August 03, 2021

Following a year that has seen accelerated expansion of digital home furnishings sales, Chairish CEO Gregg Brockway said he’s proud of how much the company has grown during a difficult time. The marketplace now has 580,000 items listed from 10,000 sellers, reaching 4.5 million shoppers...