Children’s apparel retailer Carter’s is optimistic about its prospects as back-to-school shopping returns to normal and the new enhanced child tax credit kicks in across the U.S., even as the company is being forced to spend more to ensure that products can be imported quickly...
After another record Prime Day in June and months of investment in its logistics network, Amazon would historically have joined its retail compatriots in beating Wall Street earnings expectations this week. But with consumers emerging from their homes to shop and socialize, therefore spending less...
With “Help Wanted” signs still plastered on storefronts across America and new headlines announcing hiring hiccups each week, it’s hard to avoid the fact that the retail industry is facing a serious labor shortage, ranging from distribution centers to the checkout line. According to the...
Despite closure of about 17 percent of its worldwide stores in the first half of 2021 because of continued COVID-19 restrictions, Prada reported revenues of more than $1.52 billion for the six months ending June 30, up 60 percent from the same time last year...
Consumers can expect to pay a bit more for their favorite Procter & Gamble products in the next year, after officials said they expect to levy price increases across the board to overcome $1.9 billion in anticipated higher commodity costs and freight increases. Get the...
In today’s top retail news, Express is on the fast track to boosting social sales with its new Community Commerce program, while Google takes aim at retail’s $300 billion search abandonment problem with a new Retail Search product. Also, Sally Beauty is seeing more people...
Today in restaurant and grocery news, Albertsons Companies highlighted the importance of the physical store to its eCommerce channels while discussing Q1 2021 results, and Yum! Brands stressed the role of loyalty rewards in Q2. Meanwhile, HelloFresh and FreshDirect debuted new e-grocery features. Get the...
Berlin-based meal kit company HelloFresh, the best-selling meal kit in the United States, is getting into eGrocery. The company announced Wednesday (July 28) its new HelloFresh Market online grocery store, which goes beyond the meal kit to sell produce, packaged foods, and other items one...
As grocery businesses reckon with the tricky relationship between brick-and-mortar and digital channels, Albertsons Companies, parent of 21 grocery brands including its self-titled chain, Safeway, Jewel-Osco and Vons, is centering the physical store. The company announced on Thursday (July 29) that eCommerce sales remained roughly...
