In today’s top retail news, iFIT Health & Fitness has purchased women’s health and fitness platform Sweat, while Etsy has closed on its acquisition of fashion marketplace Depop. Plus, Angi is formalizing its “Angi Key” program. Get the Full Story Complete the form to unlock...
Walmart’s warehouse chain Sam’s Club has announced plans to pilot a new Scan & Go feature designed to allow shoppers to scan items in-store for automatic direct-to-home shipping via a newly integrated tool within its smartphone app. According to a company statement, the new feature...
As the uptake and deployment of eCommerce continues to soar, retailers and brands are increasingly looking for ways to make their stores as connected as today’s consumers. Some, such as Lego, are embracing “retailtainment” and making their stores an experience, while others, such as Bloomingdale’s,...
Etsy has closed on its purchase of fashion marketplace Depop for roughly $1.625 billion. The purchase price consists of mainly cash and is “subject to certain adjustments,” according to a Tuesday (July 13) announcement. Depop will keep running as a standalone marketplace operated by its...
iFIT Health & Fitness, whose brands include NordicTrack, ProForm and Freemotion, has purchased women’s health and fitness platform Sweat, according to a Tuesday (July 13) announcement. Sweat was established in 2015 by trainer Kayla Itsines and CEO Tobi Pearce. Get the Full Story Complete the...
In an industry where many have been forecasting the wind-down of the great home nesting and renovation trend for months, the CEO of home improvement and maintenance platform Angi said on Tuesday (July 13) that while growth rates have come down since the pandemic, his...
In today’s top retail news, Nordstrom has obtained a minority stake in four fashion labels, while Walt Disney has brought in more than $60 million worldwide from sales of its “Black Widow” film via Disney+ Premier Access. Plus, Walmart’s Indian digital commerce venture Flipkart notched...
Payments and shopping platform Klarna is partnering with social shopping startup HERO to bring retailers a solution to create shoppable content right from their brick-and-mortar location. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The solution to convenience stores’ labor woes may be more complicated than just raising pay above minimum wage. The National Coalition of Associations of 7-Eleven Franchisees (NCASEF), an umbrella trade association comprised of 41 regions’ franchise owners associations, representing over 7,400 7-Eleven locations overall, released...
