Retail

Retail
The Home Depot’s Comp Sales Surge Amid Rise In Home Improvement Projects
May 18, 2021

The Home Depot reported that comparable sales for the first quarter of fiscal 2021 surged by 31 percent and comparable sales in the U.S. jumped by 29.9 percent from the same period last fiscal year, according to a Tuesday (May 18) announcement. Get the Full...

Retail
Grocers Turn To Private Labels To Drive Sales, Boost Margins
May 17, 2021

In 2020, private label sales hit a record high, accounting for almost a quarter of all products sold during the year, hitting an all-time high of $27.3 billion, said the industry trade group Private Label Manufacturers Association. Get the Full Story Complete the form to...

Retail
Australia’s Ticketek Enables Digital Purchases Via NFC Or QR Code
May 17, 2021

Ticketing agency Ticketek has launched an App Clip that enables iPhone users attending sports or other live events in Australia to purchase digital tickets by tapping an NFC tag or scanning a QR code displayed outside venues without needing to download the firm’s app. Get the Full...

Retail
Foxtrot Gets Whole Foods Exec To Build Private-Label Brand Arsenal
May 17, 2021

As private-label products continue to outpace the sales growth of branded items, grocers are stepping up their efforts to offer the highest quality goods for the lowest prices while also boosting their margins. Get the Full Story Complete the form to unlock this article and...

Retail
Target Offering Delivery, Curbside Pickup For Alcohol At 1,200 Stores
May 17, 2021

Adult beverages — beer, wine and spirits — are now being offered for curbside or in-store pickup at more than 1,200 Target stores across the U.S., according to a company press release on Monday (May 17). Same-day delivery is also available with Shipt online from more than...

Retail
Walgreens Announces New Targeted Advertising Capabilities
May 17, 2021

Walgreens said on Monday (May 17) that it is offering more ways for brands to connect with the pharmacy chain’s customers and take advantage of the “first-party data” that the retailer collects. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Secondhand Furniture Startup Kaiyo Lands $5 Million In Fresh Funding, Will Expand To DC
May 17, 2021

Secondhand furniture marketplace Kaiyo announced Monday (May 17) that it has raised $5 million to fuel its expansion at a time when consumer demand for reCommerce, resale and circular economy retailing is surging. Get the Full Story Complete the form to unlock this article and...

Retail
FTC Casts Doubt Over 7-Eleven’s Purchase Of 3,800 Speedway Stores After Deal Closes
May 17, 2021

A massive deal in the convenience store industry has been thrown into doubt after the Federal Trade Commission called 7-Eleven’s purchase of 3,800 Speedway stores and gas stations “illegal” and “anti-competitive” putting the $21 billion deal that closed Friday (May 14) in jeopardy. Get the...

Retail
Walmart’s Q1 Results Will Show If Its Omnichannel Transition Is Winning Or Waning
May 17, 2021

When Walmart last met with investors in February, the owner of over 11,000 global stores had just wrapped up a record quarter — and year. Even as it proclaims to be “winning” the battle, the retail giant said it is raising the stakes in its...