A new Walmart service will let third-party vendors hire the retailer to shelve, pack and ship items to customers in a move that could help Walmart compete better with eCommerce giant Amazon, CNBC reported. Get the Full Story Complete the form to unlock this article...
After Shake Shack Inc. registered less-than-expected comparable sales and set disappointing targets for this year, the quick-service restaurant’s stock dropped on Tuesday (Feb. 25) as delivery growth also slowed during a shift to a sole partnership with Grubhub. Shares fell in their largest intraday drop...
Streaming services from companies like Spotify, Apple and Amazon have helped to fuel an increase in sales and profitability for the music industry. Music sales grew over 13 percent in 2019 to reach $11.1 billion, which is the highest in more than a decade, according...
Mall landlords strike again. In a good way, of course, as alt-VC firm Fifth Wall closes on a $100 million fund to help eCommerce pure plays expand to brick-and-mortar locations, as reported by The Wall Street Journal. The fund’s investors include retail landlords like Acadia...
As Walmart aims to grow profits at its online shopping business and cut discord between units, the retailer is bringing together its store and eCommerce product-buying teams, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Retailers are facing a personalization paradox. Recent studies are showing counter trends right now that are proving the adage that consumers want what they want — even if it’s a contradiction. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
While the concept of a brand having a “voice” is not a terribly new idea, before this month it was more metaphorical and mostly a synonym for “style.” But the concept of brand voice took a turn for the literal this month with Amazon’s latest...
Quick-service restaurants are teaming with online platforms to let diners receive their favorite menu items via delivery. Krispy Kreme, in one case, plans to roll out nationwide delivery on Feb. 29 per news on Monday (Feb. 24), and on-demand delivery platform DoorDash will send doughnuts by...
Entrepreneur Steve Jobs once said: “No one wants to die. Even people who want to go to heaven don’t want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it...