The resale retail sector, once considered a niche market fueled by thrifty shoppers and vintage enthusiasts, has emerged as a multibillion-dollar industry. As just one data point, ThredUp, a quiet powerhouse in the space, has processed over 220 million secondhand clothing items to date. Behind...
It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Amazon is testing 15-minute grocery delivery in India as part of its push into the “quick commerce” sector, which is expected to surpass $6 billion in annual sales this...
Costco is proving that its digital transformation is more than just a buzzword — it’s driving growth. As the company continues to enhance its eCommerce offerings and streamline member experiences, its first-quarter results (Q3 by the calendar) for fiscal 2025 illustrate a combination of solid...
Retailers face the daunting challenges of managing inventory, staff, storage, shelf space — and, in most cases, a digital storefront — all while gauging consumer demand, which can be seasonal. On top of that, retail is a hyper-competitive industry. If retailers haven’t got the right...
A federal judge has blocked Kroger’s $24.6 billion acquisition of Albertsons on Tuesday (Dec. 10), citing concerns that the deal would reduce competition in the U.S. grocery market, Bloomberg reported. U.S. District Judge Adrienne Nelson ruled in favor of the Federal Trade Commission (FTC), which...
Regal Brands Global reportedly plans to relaunch department store brand Lord & Taylor as a discount luxury eCommerce platform. The new online-only store will be introduced in 2025 and will sell products sourced from distributors and licensed manufacturers, Retail TouchPoints reported Tuesday (Dec. 10), citing...
Intuit’s QuickBooks will become Amazon’s preferred partner for financial management solutions integrated directly into its site, where Amazon sellers manage their businesses. When integrated into Amazon Seller Central, QuickBooks will help these sellers manage their finances, stay compliant, access capital and grow their business, the...
The holiday shopping season has long been the crown jewel of the retail calendar. But as consumer habits evolve, so too do the tools retailers deploy to attract, engage and convert shoppers. And the evolution of those tools is assuredly digital. Take, for example, the...
Tech firms are escalating their push to turn every outfit spotted on social media into an instant shopping opportunity, with startup Aesthetic launching the latest entry into the artificial intelligence (AI)-powered clothing recognition field. The launch adds to the growing competition in “see-now-buy-now” fashion AI...
