Labor Day travel and continued consumer resilience contributed to a 0.7% increase in consumer spending last month, the U.S. Commerce Department said on Friday (Oct. 15), marking the second month in a row that retail sales have increased. Get the Full Story Complete the form...
The year still has about a dozen weeks left, but merchants and payments providers are already looking at their 2022 calendars and trying to determine what might be the next big innovation as the digital economy continues to evolve. Get the Full Story Complete the...
In today’s top retail news, Walgreens is launching a new business segment focused on expanding the pharmacy chain’s healthcare offerings, while Ikea executives say they don’t see a quick end to supply chain issues. Also, Grove is opening a new division designed to acquire Amazon...
New York City is not the only major metropolitan area becoming crowded with micromobility-powered grocery delivery companies promising the fastest order fulfillment. Major Russian technology company Yandex has now launched its 15-minute grocery delivery service in London, according to a Moscow Times report Thursday (Oct....
Jana Partners has taken a stake in Macy’s Inc. and is pushing the retailer to separate its $8 billion eCommerce business from its traditional brick-and-mortar business, The Wall Street Journal reported Thursday (Oct. 14), citing sources. Get the Full Story Complete the form to unlock...
Taiwan Semiconductor Manufacturing Co. (TSMC) announced that it will build a chip manufacturing plant in Japan to boost its production levels during the global semiconductor shortage that’s affecting industries of all types, according to a report in The Wall Street Journal. Get the Full Story...
When the Washington Nationals won the 2019 World Series, it was against all odds — and yet, the first commercial after the final out was advertising championship merchandise available to be shipped within one day. Get the Full Story Complete the form to unlock this...
Walgreens is doubling down on its investment in healthcare offerings, with executives saying that the future of the pharmacy retail chain is dependent on making medical care easier for connected consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Shopping for secondhand clothing online can be daunting for consumers who want to inspect every item for tears, stains and imperfections a previous owner may have caused, leading to lost sales for sellers and frustrated shoppers. Get the Full Story Complete the form to unlock...
