Retail

Retail
Ulta Beauty Drives Digital Conversion With Improved UX
March 14, 2024

Ulta Beauty is finding that, by improving the consumer experience on its digital platforms, it is able to boost its eCommerce performance. On a call with analysts Thursday (March 14) discussing the beauty retailer’s fourth quarter fiscal 2023 financial results, Ulta Beauty CEO Dave Kimbell spoke...

Retail
Earnings Season Shows Some Momentum for Online Car Platforms
March 14, 2024

Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run rampant. Loans themselves — where there were loans to be gotten — were expensive. And as detailed here, delinquencies have...

Retail
Dick’s Sporting Goods Converts 65% of Customers to Click-and-Mortar™ Shoppers
March 14, 2024

In an effort to further engage its highest-value customers, Dick’s Sporting Goods is integrating more technology into the in-store experience. The sports retailer shared in a presentation with analysts Thursday (March 14) discussing its fourth-quarter and full-year fiscal 2023 financial results that it is incorporating...

Retail
Online Sales Slip in February as Consumers Return In-Store
March 14, 2024

The latest reading on retail sales data from the Census Bureau showed that overall retail sales were up 0.6% month over month, reversing a 1.1% decline that had been seen in January. And given the fact that the “non-store retailers” line item — generally used as...

Retail
Half of Consumers Consider Ease of Checkout When Shopping Online
March 13, 2024

As retailers, brands and marketplaces alike increasingly invest in easy, intuitive user experiences on their eCommerce channels, consumers are coming back to digital more and more. According to data from the CNBC/NRF Retail Monitor, reported Tuesday (March 12), sales at online retailers and other non-store...

Retail
Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
March 13, 2024

Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a review of its properties had identified 600 for closure in the first half of its fiscal year, and another 370...

Retail
Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
March 13, 2024

Amazon and Walmart — and the pitched battle between the two for all manner of retail spend — gets a fair share of digital ink in these digital pages. And as the latest stats from our continuing tracker series on the competition between the two...

Retail
Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
March 12, 2024

Not long after touting its brick-and-mortar expansion, footwear brand Allbirds is becoming the latest merchant to shutter stores — a move that comes as consumers’ budgeting behavior amid financial challenges takes a hit on retailers. The brand, which began in direct-to-consumer (D2C) and expanded into...

Retail
Walgreens Teams With Claire’s as Pharmacies Aim to Be Consumers’ One-Stop Shop
March 12, 2024

Walgreens is adding Claire’s products to its stores, a move that comes as pharmacy chains look to grow their relevance in consumers’ day-to-day lives. Claire’s, known for its accessories and cosmetics for young consumers, will now have a dedicated presence within Walgreens stores, arriving at...