Social shopping is the latest pandemic-driven trend to catch fire. With Burberry launching a social experience at its brick-and-mortar Shenzhen store and social platforms like Facebook pushing their commerce capabilities, new startups are popping up and established brands are catching up to capture this newest...
As U.S. stores recover from double-digit losses caused by COVID-19 lockdowns, Alphabet Inc.’s Google Cloud division is expecting a surge in fourth-quarter sales as the country’s retailers brace for record online holiday shopping. Get the Full Story Complete the form to unlock this article and...
More than a year after Tesla Inc. CEO Elon Musk raised the possibility of shuttering its stores and selling only online, the California electric vehicle and clean energy company is planning to expand its retail presence. Get the Full Story Complete the form to unlock...
Innovation has been a welcome development for retailers in the pandemic. Pivoting business models have been the hallmark of some major changes, including the complete reconfiguring of companies such as Zara and Nike and luxury brands like Ferragamo and Moncler. Now, Burberry is continuing its...
It may seem like the world of retail has been reduced to eCommerce overachievement and brick-and-mortar underachievement. But even as pandemic-fueled dynamics rage on, new trends and catchphrases to describe them continue to emerge. Get the Full Story Complete the form to unlock this article...
Lord & Taylor and Tailored Brands surprised absolutely no one with their bankruptcy filings Sunday (Aug. 2), but another spate of bad news has added new urgency to the question of who will survive in the beleaguered department store and apparel categories. Get the Full...
As it wagers that a bigger presence in the United States will provide growth during the COVID-19 uncertainty, Seven & i Holdings Co. agreed to purchase the Speedway fuel stations of Marathon Petroleum Corp. for $21 billion, Bloomberg reported. Get the Full Story Complete the form...
The most high-end shopping areas in the United States are seeing tenants depart, and rents are dropping at a time when COVID-19 has halted tourism for the time being, left millions without jobs, and has had shoppers stuck in their residences, CNBC reported. Get the...
Sensory branding is having a moment. At Dunkin’, consumers can now buy coffee-flavored cereal. KFC would be happy for consumers to pick up a pair of chicken-scented Crocs, but they’re sold out. And McDonald’s is celebrating the 50th anniversary of its Quarter Pounder with six...
