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Retail News

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30 April

Walmart is piloting a pricier 2-hour ‘Express’ grocery delivery service

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

Record usage of grocery delivery services amid the COVID-19 pandemic has led to delayed orders, fewer open delivery windows and, on occasion, an inability to even book a delivery time …

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29 April

Starbucks Reopening 90% Of Company-Run U.S. Stores

  • Categories Retail News, Top News
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Starbucks Reopening 90% Of Company-Run U.S. Stores by Early June: Here’s How They’ll be Different. In a glimpse of when physical retail may pick back up in the U.S., Starbucks said …

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29 April

The Victoria’s Secret Contract That Anticipated a Pandemic

  • Categories Retail News, Top News
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A buyout firm is trying to back out of its deal for Victoria’s Secret, citing the coronavirus. The contract’s wording will make that tricky. It’s no wonder the buyout firm …

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28 April

Simon plans to re-open 49 malls and outlets in May

  • Categories Retail News, Top News
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The nation’s biggest mall owner is about to make the nation’s grandest move back into business. An internal memo from Simon Property Group obtained by CNBC revealed its plan to …

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28 April

Pensioners double their online grocery spend; but overall grocery sales slows

  • Categories Retail News, Top News
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Over-65s spent 94% more on online grocery deliveries than they did this time last year; Online grocery sales now account for 10.2% of total sales vs 7.4% last month; Overall …

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28 April

Tesco notches up delivery milestone during coronavirus lockdown

  • Categories Retail News, Top News
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Tesco reports that it has delivered one million online grocery orders in a week amid the coronavirus outbreak. Almost 20% of those were reserved for the retailer’s vulnerable customers. “To …

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27 April

Adidas Digital Sales to Top $4.3 Billion As Coronavirus Sends Shoppers Online

  • Categories Innovation & Technology, Retail News, Top News
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With nearly three-quarters of its store fleet still shuttered, Adidas AG has thrown its resources behind e-commerce in an attempt to bolster its business amid the coronavirus pandemic. And, although …

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24 April

‘It’s Black Friday in April’ as Closed Stores Get Desperate to Unload Spring Clothes

  • Categories Retail News
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Saks, Gap and others try deep discounts to move unsold dresses and shoes amid coronavirus, but people aren’t buying.  

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24 April

Germany reopens retail stores but shoppers stay home

  • Categories Retail News, Top News
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Despite the easing of coronavirus lockdown measures in the country, Germans are seemingly reluctant to rush back to stores.  Speaking to CNBC, the CEO of behavioral science consultancy Innovation Bubble, …

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24 April

DTC brand sales soar in a time of social distancing

  • Categories Retail News, Top News
  • Comments 0 comment

By edict or by choice, Americans sheltering in place have sent e-commerce orders for CPG goods through the roof since the beginning of March. Direct-to-consumer (DTC) brands have been huge …

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