Walmart relaxed requirements that mandated its marketplace merchants be registered domestically, Bloomberg reported, just weeks after the world’s biggest retailer said it would spend $350 billion on products manufactured, grown or assembled in the United States. Get the Full Story Complete the form to unlock...
Whether it’s the famed Nike swoosh, legendary Air Jordans or iconic Converse All-Stars, demand for — and recognition of — the world’s largest athletic shoemaker’s top three brands has never been stronger. However, meeting that demand has never been tougher. Get the Full Story Complete...
The past year has seen an unprecedented change in grocery habits, with mass adoption of digital and remote alternatives to the traditional in-store shopping journey, as consumers sought out COVID-safe ways to get the foods they needed. No businesses were better positioned to take advantage...
February may have been a good month for the restaurant industry in terms of job gains, but sales tell a different story. The National Restaurant Association, the “largest foodservice trade association in the world,” which represents over 500,000 U.S. restaurant businesses, reported on Tuesday (March...
In today’s top retail news, Five Below, Inc. registered comparable stores sales growth of 13.8 percent, while Yotpo’s integrated eCommerce solution has garnered $230 million in funding. Plus, Williams-Sonoma, Inc. reported that Q4 comparable brand revenue growth accelerated to almost 26 percent. Get the Full...
Interactive fitness platform Peloton and athletic apparel manufacturer Adidas are teaming up to develop a new line of sports apparel and lifestyle gear that is set to hit stores and websites next week. Get the Full Story Complete the form to unlock this article and...
As vaccines come in by the shipload, U.S. grocery stores are playing a key role in the distribution effort. Now, Midwest supermarket chain Meijer is administering an arena’s worth of shots. Supermarket News reports that the chain is offering vaccinations at the Detroit Lions’ home,...
Dollar General, which operates the nation’s largest chain of 17,000 discount stores, said on Thursday (March 18) that the 20 percent COVID-fueled sales increase last year will probably not be repeated in 2021, and told investors that it sees revenues flat to down 2 percent....
Off-price retailer Five Below, Inc. posted record comparable stores sales growth of 13.8 percent and a 25 percent jump in net sales, as its fourth-quarter results beat analyst expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
