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Retail News

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18 January

Walmart to Create Its Own Cryptocurrency

  • Categories Innovation & Technology, Retail News, Top News
  • Comments 0 comment

Walmart (Bentonville, Ark.) is planning to create its own cryptocurrency and non-fungible tokens (NFTs) per its filings with the U.S. Patent and Trademark Office, reports Fortune. The retailer applied for …

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16 January

Walmart is quietly preparing to enter the metaverse

  • Categories Innovation & Technology, Retail News, Top News
  • Comments 0 comment

Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs. The big-box retailer filed several new trademarks late …

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14 January

Selfridges to sell ‘over the counter’ NFTs

  • Categories Retail News, Top News
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Department store Selfridges is set to step into the metaverse as it announces it has will be selling NFTs (non-fungible tokens) in its physical stores. The iconic British department store …

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12 January

Costco plans to open up to 28 stores this year

  • Categories Retail News, Top News
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Costco plans to open up to 28 stores in 2022. In a recent conversation with The Wall Street Journal, Costco’s senior vice president of finance and investor relations Bob Nelson …

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07 January

Walmart makes an early bet on direct-to-fridge delivery as the grocery wars heat up

  • Categories Innovation & Technology, Retail Design & New Openings, Retail News, Top News
  • Comments 0 comment

Oat milk restocked while you’re at yoga… Walmart is doubling down on its “InHome” delivery option, which lets shoppers hire deliverers to drop perishables directly into their refrigerators while they’re …

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06 January

Social commerce to reach US$1.2 trillion globally by 2025

  • Categories Retail News, Top News
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According to a new report, ‘Why Shopping’s Set for a Social Revolution‘, released by Accenture on 4th January, global shopping via social media platforms is set to grow three times …

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06 January

TikTok & Grubhub’s Restaurant Delivery Concept

  • Categories Retail News, Top News
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TikTok, US food delivery service Grubhub and US ghost kitchen marketing specialist Virtual Dining Concepts are tapping into #FoodTok with new restaurant concept TikTok Kitchen that will deliver the social …

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29 December

2021 was a turning point for retailers, with store openings outpacing store closures

  • Categories Retail News, Top News
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Just one year after a record number of stores closed for good at the height of the pandemic, the retail store has made a comeback, with more store openings than …

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23 December

Why retail store closures are slowing down after Covid shakeout

  • Categories Retail News, Top News
  • Comments 0 comment

The furniture and home goods retailer plans to open three stores in Massachusetts next year. Chief Marketing Officer Bob Sherwin said low rents were a draw. But the need to …

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17 December

Just Eat teams with Asda to launch rapid grocery delivery partnership in UK

  • Categories Retail News, Top News
  • Comments 0 comment

From January, Just Eat customers will be able to shop from five Asda stores, with the exact locations to be announced in the near future. This builds on an existing …

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