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Retail News

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15 June

U.S. Retail Sales Drop, Hinting at Shift to Spending on Services

  • Categories Retail News, Top News
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U.S. retail sales declined in May, after a stimulus-related splurge in the prior two months, suggesting consumers are starting to shift more of their spending to services as the economy …

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15 June

Why Express, Urban Outfitters and J.Crew Now Sell Items From All Over Online

  • Categories Retail News, Top News
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Express Inc. best known as a presence in American malls, has been testing a new strategy: selling other brands’ merchandise online. Visitors to the retailer’s website can shop for items from …

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15 June

Amazon to open its first Fresh supermarket with checkout-free technology

  • Categories Innovation & Technology, Retail News, Top News
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Dive Brief: Amazon is planning to open a new Fresh store on Thursday that will be the first full-size supermarket in the chain to feature the retailer’s Just Walk Out …

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14 June

Grocery Courier Boxed to Go Public in SPAC Deal

  • Categories Retail News, Top News
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Grocery courier Boxed Inc. said it would go public through a merger with a special-purpose acquisition company, or SPAC, capitalizing on delivery demand that swelled during the Covid-19 pandemic. Boxed …

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11 June

Netflix partners with Shopify to introduce online store

  • Categories Retail News, Top News
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We don’t know when season four of Stranger Things will come out, but expect some branded swag when it drops. With help from Shopify, Netflix yesterday debuted an online store …

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07 June

In 2021, online grocery sales will surpass $100 billion

  • Categories Retail News, Survey & Insights, Top News
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The growth of the online category accelerated beyond our previous expectations in 2020. Amid the pandemic, tens of millions of US consumers became online grocery buyers for the first time, …

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07 June

Gucci has been experimenting with Roblox, a gaming platform popular with pre-teens.

  • Categories Innovation & Technology, Retail News
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American venture capitalist Chris Dixon once said, “The next big thing will start out looking like a toy,” an observation, he believes, sits at the heart of why we frequently …

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06 June

What Is Fast Fashion?

  • Categories Retail News
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FAST FASHION IS ALL RELATIVE Zara owner Inditex reports quarterly results on June 9 The fast-fashion giant’s online sales soared during the pandemic, but overall sales fell last year due …

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27 May

European retail: About You IPO pairs fashion with tech

  • Categories Retail News, Top News
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Bricks-and-mortar retail empires are crumbling across Europe. Digital champions are jostling to take their place. The latest contender is fashion site About You. The German retailer, aptly named for the …

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26 May

Bed Bath & Beyond Expands Same-Day Delivery With DoorDash

  • Categories Retail News, Top News
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Home goods chain Bed Bath & Beyond is the latest retailer to partner with delivery platform DoorDash to provide same-day delivery for online orders from the retailer itself and its …

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