Retail

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  • Corona Beer Parent Company Tops Off DTC Trend

    Thursday 2nd July - 11:02 am Corona Beer Parent Company Tops Off DTC TrendThe direct-to-consumer (DTC) trend attracted another big name this week, as Corona beer’s parent company, Constellation Brands, acquired media agency owner Gary Vaynerchuk’s Empathy Wines. The move follows the announcement ...
  • The Pandemic’s Effect On Subscriptions And Luxury Goods

    Thursday 2nd July - 11:00 am The Pandemic’s Effect On Subscriptions And Luxury GoodsOrders to stay at home have consumers spending more on subscriptions – from streaming services to purchasing retail merchandise for day-to-day use. Merchants that provide subscription offerings are thriving, but they are ...
  • Saving Main Street: College Towns Deal With Economic Devastation

    Thursday 2nd July - 11:00 am UMass Amherst empty campusDowntowns everywhere from Maine to California are dealing with varying degrees of economic and existential pain as a result of the pandemic, but nowhere is the pain as acute as ...
  • Pandemic Brings Dark Days For Department Stores

    Thursday 2nd July - 11:00 am Pandemic Brings Dark Days For Department StoresIf department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its darkest days. On both sides of the Atlantic, ...
  • Walmart To Transform Parking Lots Into Drive-In Cinemas, Offer Virtual Camp

    Thursday 2nd July - 10:45 am Walmart To Transform Parking Lots Into Drive-In Cinemas, Offer Virtual CampTo provide entertainment to families amid the coronavirus pandemic, Walmart unveiled a virtual experience and an in-person “contact-free” experience. The events include a virtual camp called Camp by Walmart and ...
  • Apple To Shutter 30 More US Stores Again Amid Pandemic

    Thursday 2nd July - 10:24 am Apple To Shutter 30 More US Stores AgainAs instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) ...
  • How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness

    Thursday 2nd July - 4:02 am Consumers who are seeking to avoid exposing themselves or others to COVID-19 are turning to eCommerce where possible and are demanding touch-free ways to pay when they have to visit ...
  • New Marg ERP Feature To Aid Social Distancing In Payments

    Thursday 2nd July - 12:56 am A new digital, contactless feature for India-based software developer Marg ERP will hopefully help users maintain social distancing when working with retailers and other people dealing in day-to-day transactions, a ...
  • BMW To Allow Drivers To Subscribe To Luxury Auto Features On Demand

    Wednesday 1st July - 8:26 pm bmw-subscription-featuresIn its virtual reality event Wednesday (July 1), BMW announced updates to its auto software experience that included a “drive” through Munich to demonstrate some of them, according to reports. The ...
  • FTC Reports Record Surge In eCommerce Complaints Amid Pandemic

    Wednesday 1st July - 5:55 pm Federal Trade CommissionWhile online purchasing has skyrocketed since March as the country shut down as a defense against COVID-19, so have complaints to the federal watchdog agency responsible for regulating eCommerce. Since the ...
  • Gyms Continue To Struggle With Rocky Reopenings

    Wednesday 1st July - 4:25 pm Will Consumers Return To The Gym With Digital Fitness Options Available?Now that many consumers have to make appointments to go to the gym or use a specific piece of equipment amid the pandemic, will they want to visit fitness clubs ...
  • Pandemic Continues To Dull Allure Of Luxury Goods

    Wednesday 1st July - 11:00 am Pandemic Dulls Allure Of Luxury GoodsCOVID-19 continues to take the shine off luxury goods. Despite some signs of improvement this month, LVMH, the world’s biggest luxury goods group, admitted that its brick-and-mortar sales were erased ...
  • Fitness Platforms Expand Offerings As Consumers Work From Home

    Wednesday 1st July - 11:00 am Fitness Platforms Expand OfferingsFitness and wellness platforms are expanding their offerings as Americans continue working from their residences and gym facilities have limited operations because of the pandemic. Gympass’ services, in one case, will ...
  • Walgreens Adds To Digital 3.0 Momentum

    Wednesday 1st July - 11:00 am WalgreensThe digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. While Lululemon bought an entire company to ...
  • Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook

    Wednesday 1st July - 10:58 am Macy's Recognizes $3.1B Charge As Pandemic Reshapes OutlookMacy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store ...