Consumers treated themselves quite nicely with big-ticket purchases in January. Plus, investors and retailers are torn on what’s next for eCommerce POS companies, and Ralph Lauren is adding new capabilities to its tried-and-true apparel sales. Data 35%: Growth in Lightspeed’s omnichannel business last year $20B;...
Warehouse processes are still overwhelmingly manual, meaning there’s lots of room for robots to help. Plus, Google is embracing the omnichannel future of retail and Tom Brady has a lot of work to do before catching Roger Staubach, Michael Jordan and Cristiano Ronaldo in off-field...
Today in Data, Amazon and Domino’s are among the companies thinking differently about delivery. Plus, H&M is focused on eliminating waste and doubling sales. Data 550,000: Number of UPS employees $3: Amount Domino’s will “tip” customers who pick up their orders 4,800; 54: Number of...
Macy’s will soon debut stores that are about the size of a typical CVS Pharmacy. Plus, Walmart and Angi have teamed up on a rollout that will come to both to brick-and-mortar locations and Walmart’s website. Data 150: Number of home improvement project types...
Live video shopping helps retailers convert more sales from online shoppers, and Levi’s says Americans are pushing for baggier jeans — with many needing bigger sizes. Plus, Lowe’s and Petco team up to bring pet supplies to the home improvement giant in 15 locations through...
Oscar de la Renta is the latest luxury fashion brand to jump into the resale sector. Plus, Walmart makes a pair of acquisitions to enhance its FinTech capabilities and online sales are booming, but retail returns could make that progress go bust. Data 1.6M; 100M:...
Brands, retailers and consumers all agree that a “Buy It Now” button is an important tool. Plus, Walmart and CVS are among those seizing the opportunity as the market continues to stumble. Data $388B: Walmart’s market value $400B: Market value Amazon has lost since...
Today in Data, FedEx and Microsoft are meeting increased shopping and shipping demands with Logistics-as-a-Service. Plus, activists have their eyes on the retail sector and are willing to spend big bucks there, and Salesforce uses data to help merchants gain and keep customers. Data 110M:...
Today in Data, the cloud is at the center of retail’s digital transformation. Plus, luxury brands continue to find success in a retail market that’s been sluggish overall, and Walmart relies on alternative fulfillment methods to meet shoppers’ needs during the COVID-19 pandemic. Data 26%:...