Retail

Retail
Wing Debuts US Drone Delivery of Medicines, Ice Cream, First Aid Kits, Pet Prescriptions
April 07, 2022

Wing has debuted its drone-based delivery service from the parking lot of a Walgreens store in Little Elm, Texas, according to a company announcement, kicking off the largest initiative of its kind for the Alphabet Inc. subsidiary in the U.S. and its first customer-operated drone...

Retail
Levi’s Flexes Brand Power Pricing Muscles, Touts D2C Success of Next-Gen Stores
April 07, 2022

Strong demand from customers around the world combined with brand power that enabled price increases saw denim retailer and manufacturer Levi Strauss start the year with double-digit sales growth and record gross margins. Get the Full Story Complete the form to unlock this article and...

Retail
Report: Walmart’s eCommerce Company Flipkart Delays IPO, Raises Valuation Target
April 07, 2022

Flipkart, Walmart’s India-based eCommerce company, has put its initial public offering (IPO) on hold as it raised the valuation target to between $60 billion and $70 billion, up from its initial goal of $50 billion, Reuters reported Thursday (April 7). Get the Full Story Complete...

Retail
Data Point: 26% Won’t Buy Durable Goods at Retailers Without Lease-to-Own Option
April 06, 2022

From furniture to major appliances, durable goods are a necessity that many are finding hard to afford in an inflationary climate. With alternatives either limited or unappealing, more consumers seek lease-to-own (LTO) payments and the retailers offering this type of financing. Get the Full Story...

Retail
Today in Retail: Kroger, Bed Bath & Beyond Expand Partnership; Rihanna Joins Forbes’ List of...
April 06, 2022

Today in retail, payments providers must offer value-added services to their customers, while Mastercard SpendingPulse shows continued return to pre-pandemic consumer spending. Plus, KimChi Chic Beauty line gets a retail home in 139 CVS BeautyIRL locations, lease-to-own plans are providing a boost to retailers and...

Retail
Kroger Ups Its Cross-Category Game via eComm Pact With Bed Bath & Beyond
April 06, 2022

In a statement that stressed, “We’re more than just food,” the nation’s largest grocery store operator, Kroger, announced Wednesday (April 6) that it was expanding its 5-month-old digital partnership with Bed Bath & Beyond in what it is calling a “multi-category omnichannel collaboration.” Get the...

Retail
KimChi Chic Beauty Makeup Line Debuts at CVS Stores
April 06, 2022

CVS Pharmacy is bringing Bespoke Beauty Brands’ KimChi Chic Beauty line of products to at least 139 of its U.S. BeautyIRL locations, according to a Wednesday (April 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Rihanna the Retail Billionaire Joins Growing List of Industry’s Celebrity Money Makers
April 06, 2022

As if singer, actress, model, entrepreneur and expectant mother weren’t enough already, the 34-year-old powerhouse from Barbados has now officially added a sixth title to her growing list of superlatives: billionaire.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Consumers Are Shopping Around Twice as Long Before Buying a Car
April 05, 2022

Buying a vehicle took consumers twice as long in the second half of 2021 as it took them in the first half, according to internal research shared by AutoWeb during its most recent quarterly earnings call. Get the Full Story Complete the form to unlock...