Target is getting a holiday makeover as retailers prepare for a potentially tepid shopping season. The retailer announced recently that it would be turning its physical and digital retail presence into a “fantastical destination” for the holidays, outfitting stores with things like peppermint swirl decor — in Target’s...
As the holiday shopping season begins, expect to see fewer Christmas-themed items in stores. Retailers such as Walmart are ordering fewer Christmas trees, toys and decorations this year, in anticipation of a lukewarm shopping season, Reuters reported Tuesday (Nov. 5). According to the report, Walmart — the largest retailer...
For Rati Sahi Levesque, newly appointed CEO at secondhand luxury goods marketplace The RealReal, her first week at the company’s helm was a promising one. In a marketplace driven by value-conscious consumers, The RealReal reported third-quarter earnings Monday (Nov. 4) that exceeded expectations. Levesque succeeded John Koryl, who...
Franchise Group (FRG), owner of Vitamin Shoppe and Pet Supplies Plus, is filing for bankruptcy. The company announced a restructuring plan Sunday (Nov. 3), as well as plans to shutter one of its holdings, furniture chain American Freight. “Today’s announcement to de-lever our balance sheet...
Walmart is touting its AI capabilities as it prepares for the holiday shopping season. The retail giant on Wednesday (Oct. 30) announced several ways it would use artificial intelligence (AI) and generative AI (GenAI) to help consumers, such as helping to offer personalized shopping suggestions. “In the U.S.,...
In a move that elevates the company’s digital transformation and modernizes the grocery shopping experience, Save A Lot is launching of its first loyalty program. Save A Lot, which operates 750 stores across 32 states, introduced its loyalty program, Save A Lot Rewards, through a...
The Vitamin Shoppe is strategically striving to elevate its customer experience, using tech to create a more personal omnichannel shopping experience that the company hopes will strengthen consumer loyalties. The recent rollout with Jumpmind’s tech marks a significant milestone for the organization, having completed the...
Shopify has introduced Shopify Finance, a hub housing all of the eCommerce platform’s financial solutions. “Practices like rigid repayment terms, credit history requirements, or months-long loan approvals have stifled innovation for too long,” the company said Tuesday (Oct. 29). “That’s why, for years, we’ve enabled entrepreneurship with powerful...
GU, a Japanese fashion brand and sister company to Uniqlo, launched its first U.S. flagship store in New York and its eCommerce platform last month. Company officials focus on digital transformation to create a cohesive shopping experience that integrates online and offline interactions. For GU...
