Editor’s Picks

Macy’s Off-Mall Small Format Stores Are Killing It and More Are Coming
Macy’s Off-Mall Small Format Stores Are Killing It and More Are Coming
March 02, 2023  |  Retail

Although they currently account for only 10 of its total portfolio of 722 physical locations under its many brands, Macy’s CEO Jeff Gennette can’t stop talking about the big...

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Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
March 02, 2023  |  Retail

Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has...

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Kohl’s to Test Everyday Value Pricing vs Long-Standing Promotional Strategy
Kohl’s to Test Everyday Value Pricing vs Long-Standing Promotional Strategy
March 01, 2023  |  Retail

In the wake of a “kitchen sink” quarter that saw the ailing department store chain close out the year with a money-losing Q4, Kohl’s new CEO...

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Three Arrows Liquidation and Regulatory Scrutiny May Test NFT Popularity
Three Arrows Liquidation and Regulatory Scrutiny May Test NFT Popularity
February 28, 2023  |  Cryptocurrency

It may be the equivalent of a digital fire sale. Non-fungible tokens (NFTs) have seen volatility similar to that in bitcoin and other digital holdings....

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Grocers Try Shopify to Break Reliance on Instacart
Grocers Try Shopify to Break Reliance on Instacart
February 28, 2023  |  Retail

As independent grocers build toward their long-term eCommerce futures, many are seeking alternatives to Instacart. “In online grocery today, the biggest shift is from independent...

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Target Q4 Sees In-Store Frequency and Traffic Offset Slip in Digital Sales
Target Q4 Sees In-Store Frequency and Traffic Offset Slip in Digital Sales
February 28, 2023  |  Retail

The Minnesota-based Target said its investments in delivery and order fulfillment were paying off and planned to continue investing in non-discretionary items and traffic-driving owned...

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Google, Mercedes-Benz Pact Spotlights How AI Can Drive Connected Car’s Evolution
Google, Mercedes-Benz Pact Spotlights How AI Can Drive Connected Car’s Evolution
February 27, 2023  |  Commerce Connected

Artificial intelligence (AI) may help drive the connected car’s journey from concept to fully-fleshed reality. Mercedes-Benz said last week that it had entered a long-term...

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Overstock CEO: We’re Winning Share From Wayfair and Bed Bath & Beyond
Overstock CEO: We’re Winning Share From Wayfair and Bed Bath & Beyond
February 27, 2023  |  Retail

“2022 is a year I’m glad to have in the rear-view mirror. It’s not one we’ll forget, nor do we want to repeat it,” Overstock...

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Microsoft’s Metaverse Retrenchment Shows Pitfalls of Predicting Next Big Thing
Microsoft’s Metaverse Retrenchment Shows Pitfalls of Predicting Next Big Thing
February 24, 2023  |  Big Tech

While Meta takes a monthly billion-dollar haircut on its metaverse strategy, Microsoft is also struggling. At least as it relates to the here-by-tomorrow potential of metaverse virtual...

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