Outstanding Foods is developing non-meat equivalents of bacon seasoning, pork rinds and other piggy products for the direct-to-consumer (D2C) and retail markets. In subscriptions, Amazon Prime and Walmart+ saw declines in U.S. paid subscribers in late December. And in eCommerce, discounts can help reduce returns following a season that provided a much-needed windfall for some merchants. All...
Family Video, America’s last major video rental store chain, plans to shutter all of its brick-and-mortar stores. In logistics, Amazon and Walmart are throwing everything from drones to driverless trucks into the battle for the shopper’s whole paycheck. And in dining, loyalty and rewards programs have surfaced as an effective tool that can help eateries bolster...
Bed Bath & Beyond reported that comparable digital sales increased throughout its brands at a time when the pandemic is serving as a headwind to its store traffic. In off-price retail, discount stores have experienced large sales gains and opened many new sites, while department stores have gone...
New eco-friendly shopping platform Hive Brands aims to be a Whole Foods of sustainable products. In brick-and-mortar retail, women’s clothing and accessories company Charming Charlie aims to have a big comeback this year, while JCPenney is beginning the new year with a post-Chapter 11 reboot, with new owners, new financing and soon a...
Experts say that malls can survive – and even do well – if they transform themselves into a collection of cool merchants and restaurants, housing, co-working areas, walk-in medical clinics and special attractions such as aquariums. In international retail, luxury goods are set for a comeback in Asia even...
Malls are being repurposed into “mixed-used town centers” with offices, housing and green space in addition to reduced retail. In innovation, the “bring it to me” economy will redefine business models at a time when a large share of consumers prefers delivery to pickup. And...
Americans harnessed buy now, pay later (BNPL) methods for their Black Friday purchases, while curbside pickup has been a hit during the pandemic period. In consumer behavior, the shopping journey of a “typical” grocery shopper has changed in a way that is increasingly looking to be a permanent shift instead of...
Department stores are struggling in a digital-first economy, while forward-thinking retailers are looking at the returns process as an opportunity to create a positive customer experience. In eCommerce, Amazon is reporting a blockbuster holiday shopping season that saw toys, electronics and household products delivered amid the global pandemic. And in faster payments,...
Green Goo and Spiceology are among the direct-to-consumer (D2C) brands that were on the rise this year. In acquisitions, FedEx Corp. said it has completed its previously announced purchase of eCommerce membership company ShopRunner. And in banking, credit unions (CUs) were forced to speed up their...
