Foot Locker to buy two footwear chains for 1.1 billion dollars
August 3, 2021
US sportswear and footwear retailer Foot Locker is spending 1.1 billion dollars to buy two companies as it looks to simultaneously accelerate its Asia-Pacific expansion and solidify its positioning in …
Twitter launches US e-commerce pilot that lets users shop from profiles
July 28, 2021
Twitter this morning will launch a pilot in the U.S. aimed at testing the potential for e-commerce on its platform. The company is introducing a new “Shop Module” that offers …
How Social Media Is Changing Physical Retail
July 27, 2021
On any given weekend, Shanghai’s Wukang Road, located in the heart of the city’s former French Concession, will heave with locals and visitors in their most stylish outfits. Street style …
Conversation and Customer Experience: How AI is Being Used in Retail
July 23, 2021
Retail has been around for centuries. So before we look into the future, let’s start by looking at the history of retail. In the 1770-1800s, Mom and Pop shops ruled …
How brands develop DTC e-commerce on WeChat in China?
July 23, 2021
Given the penetration of WeChat among Chinese consumers, leveraging WeChat Mini Program Stores has become a pivotal approach for luxury brands to develop a direct-to-consumer e-commerce business in China. Over …
Could retail/restaurant hybrids provide the blueprint for a brick-and-mortar revival?
July 23, 2021
Spending habits in brick-and-mortar stores are fluctuating as e-commerce sales boom and economic anxieties force customers to focus on experience-based spending. Could teaming up with restauranteurs and a hybridized approach …
Casper partners with Bed Bath & Beyond for its first shop-within-a-shop
July 19, 2021
Casper plans to open inside 10 more Bed Bath & Beyond locations in the coming months, leveraging the big box retailer’s name recognition. Casper’s getting into bed with Bed Bath …
Albertsons, Uber Team Up in Grocery Delivery Battle
July 19, 2021
Uber is taking the next step in its plan to dominate the U.S. grocery delivery space by teaming up with the Albertsons Companies. Uber Technologies Inc. announced that it plans to more than double …
Inside Aldi’s ’first of its kind’ new Australian supermarket
July 14, 2021
It’s the swanky and completely unique new-style Aldi that the supermarket giant doesn’t actually want you to go to. At least not yet anyway. On Wednesday, in the middle of …
Nordstrom buys stake in four apparel brands owned by UK fashion house Asos, in bid for younger shoppers
July 12, 2021
Nordstrom said Sunday it has acquired a minority stake in four apparel brands owned by the online U.K. fashion house Asos. The brands — Topshop, Topman, Miss Selfridge and the …