News

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Retailers Fight Theft Rings That Steal and Resell Goods Online
Retailers Fight Theft Rings That Steal and Resell Goods Online
September 02, 2021  |  Security & Fraud

When finding deals online at a lower cost than in-store, it could mean eCommerce sellers are peddling stolen goods, according to a Thursday (Sept. 2)...

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Clothing Rental Emerging, VR Keeps People Shopping, JCPenney’s Second Chance for Consumers
Clothing Rental Emerging, VR Keeps People Shopping, JCPenney’s Second Chance for Consumers
September 02, 2021  |  Today In Data

Virtual reality is one way retailers can keep people in their shopping centers longer. Plus, JCPenney may be getting into the BNPL game soon, and...

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Amazon, Walmart See Sliding Shares of Apparel as Style Returns to the Forefront
Amazon, Walmart See Sliding Shares of Apparel as Style Returns to the Forefront
September 02, 2021  |  Retail

Both Amazon and Walmart have seen their shares of the clothing and apparel category slowly slip for two quarters in a row, as consumers have...

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Cazoo’s Public Markets Debut Echoes the Revving Engines of Car eCommerce
Cazoo’s Public Markets Debut Echoes the Revving Engines of Car eCommerce
September 02, 2021  |  IPO

The platform economy is taking shape around the globe — it has wheels, you might say. To that end, Cazoo, the U.K.-based online platform focused on...

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American Eagle Sees Record-Breaking Q2 Despite Drop in Digital
American Eagle Sees Record-Breaking Q2 Despite Drop in Digital
September 02, 2021  |  Retail

American Eagle Outfitters saw its revenue jump 35% to a company-record $1.19 billion in the second quarter of fiscal 2021, up $311 million from Q2...

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Five Below Continues Store Count Growth as Sales Rise
Five Below Continues Store Count Growth as Sales Rise
September 02, 2021  |  Retail

Five Below added 34 new stores across 19 states in the second quarter amid growth in sales, as millennials and bridge millennials struggle to pay...

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New Jobless Claims Drop To Lowest Level Since Pandemic’s Start
New Jobless Claims Drop To Lowest Level Since Pandemic’s Start
September 02, 2021  |  Economy

New jobless claims for the week ending Aug. 28 dropped 14,000 to 340,000, beating forecasts of 345,000 and hitting the lowest level yet since the...

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Kirkland’s Thinking Long-Term as Sales Stumble
Kirkland’s Thinking Long-Term as Sales Stumble
September 02, 2021  |  Retail

Kirkland’s, Inc., struggled in the second quarter of fiscal 2021, watching net sales and comparable sales dip, but the company remains confident it has the...

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Didi, Meituan Among 11 Ride-Hailing Firms Ordered To Fix Problems in China
Didi, Meituan Among 11 Ride-Hailing Firms Ordered To Fix Problems in China
September 02, 2021  |  Regulation

Unfair market practices are at the center of a new crackdown on ride-hailing companies in China, with the country’s Ministry of Transport and other watchdogs...

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