Retail

Retail
Old Navy To Revamp Plus-Size Line With Integrated Shopping Experience
August 18, 2021

Old Navy on Friday (Aug. 20) will unveil a new integrated shopping experience that brings together all of its women’s styles in sizes 0 to 30 and XS to 4X with no price difference in all 1,200-plus stores and online “to be more size inclusive,”...

Retail
Lowe’s Sales Sag Amid Decrease In Home Improvement
August 18, 2021

North Carolina-based Lowe’s saw its comparable sales slip by 1.6 percent in the second quarter, the company said on Wednesday (Aug. 18), led by a drop of 2.2 percent in the company’s home improvement business. Get the Full Story Complete the form to unlock this...

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Ozon Wants Giant Slice Of Russian eCommerce Pie
August 18, 2021

Russian online retailer, Ozon Holding Plc, wants to have at least one-third of the country’s eCommerce market by 2026 through a tenfold increase in sales in the next five years, according to a Bloomberg report Tuesday (Aug. 17). Get the Full Story Complete the form...

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Today in Food Tech: Walmart Talks Grocery Inflation; NCR Donates To Restaurant Recovery; Krispy Kreme...
August 17, 2021

Today in restaurant and grocery tech news, NCR Corporation supports minority-owned restaurants in Atlanta, while an iconic Massachusetts family-owned restaurant will soon close its doors. Plus, Krispy Kreme’s first earnings report since going public. Get the Full Story Complete the form to unlock this article...

Retail
52 Pct Of Consumers Made Retail Purchases Using Aggregators In 2020
August 17, 2021

Home is where the heart is – and increasingly, where the stuff is, brought to your doorstep by Uber drivers, folks on bikes, Amazon vans and even drones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Today In Retail: Walmart Earnings Up, Retail Sales Down And Retailers Face More Supply Chain...
August 17, 2021

In today’s top retail news, Walmart’s omnichannel strategy helped it ward off decelerating eCommerce sales and Delta variant concerns in the second quarter, while rising COVID-19 case counts and a surge in mask mandates caused July retail sales to slump. Also, retailers are likely facing...

Retail
After Seven Decades, Boston’s Iconic Kowloon Restaurant To Close
August 17, 2021

Boston’s iconic Kowloon restaurant, very recognizable to anyone who drove north on Route 1 from Boston, will be closing its doors. The closure is not the result of the COVID-19 woes that have plagued so many restaurants during the past year and a half, but...

Retail
With Low-Price Value Prop, Walmart Grocery Could Benefit From Rising Inflation
August 17, 2021

With low prices at the core of its value prop for consumers, Walmart grocery may actually benefit from rising inflation in food and beverage categories. The company gained share in grocery in the second quarter of FY21, with sales rising 6 percent, the retailer announced...

Retail
Walmart Tells Shoppers ‘We’re Here For You’ As Omnichannel Retailer Neutralizes Delta Variant
August 17, 2021

Walmart largely benefitted from consumers’ increased vaccination rates in the second quarter, reporting higher-than-expected revenue and increased grocery sales despite difficult year-over-year comparisons and increased concern about the COVID-19 Delta variant. Get the Full Story Complete the form to unlock this article and enjoy unlimited...