Lowe’s is taking its same-day delivery offering nationwide. The home improvement retailer on Wednesday (July 19) announced it was expanding that offering via a partnership with last-mile transportation company OneRail, letting customers get products delivered in hours. “Utilizing all of our 1,700-plus stores for online delivery and fulfillment is...
Anticipated back-to-school (BTS) shopping expenses are expected to reach $41.5 billion, exceeding the previous record of $37.1 billion set in 2021 and the $36.9 billion in 2022. To secure its share of the BTS spending, Amazon unveiled its 2023 campaign starring actor Randall Park, known...
With the increase in travel, brands, retailers, and solution providers are striving to capture a larger portion of the consumer expenditure to expand their market share. The latest effort is marked by Perfect Corp., an augmented reality (AR) company, which has entered into a partnership with...
Federal regulators want the public’s input into new guidelines governing mergers. The Federal Trade Commission (FTC) and Department of Justice (DOJ) on Wednesday (July 19) unveiled long-awaited updates to the government’s merger rules, representing the first updates to the way officials review corporate tie-ups in years. “Open, competitive, resilient markets have...
While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not only marks the luxury retailer’s first venture into international territory but also contradicts the wishy-washy buying patterns observed among Chinese...
TikTok reportedly failed to fully pass a recent test conducted by the European Union’s governing body, raising concerns that the popular social media platform is not yet compliant with upcoming regulations. On Monday, EU Internal Market Commissioner Thierry Breton and his team conducted a “stress test” at TikTok’s...
European neobank bunq has added cash-back and savings bonuses to its offerings designed for digital nomads. bunq now offers 1% cash back on food and drinks to Easy Money and Easy Green users, and 2% back on public transportation to Easy Green users, the company...
With consumers pulling back on unnecessary purchases amid macroeconomic challenges, direct-to-consumer (D2C) beauty brand Half Magic is seizing on its founder’s wide social following to keep shoppers coming back even as they mind their budgets more carefully. The brand, co-founded by Donni Davy, makeup artist...
Opinions may vary, but Hollister Co. has left a lasting impression on those who came of age in the early 2000s. Renowned for its beach-inspired ambiance, low lighting, and captivating fragrance that hovered between inviting and overwhelming, the brand offered a memorable shopping experience. However,...
