Consumer packaged goods company Harry’s Inc. reportedly confidentially filed for an initial public offering. The firm, which started with men’s grooming products in 2013 and now has five CPG brands, is working with investment banks and preparing to go public in New York, Reuters reported Friday (March 8), citing...
As augmented reality and virtual reality expand the possibilities for eCommerce, Walmart and Amazon are stepping up their digital try-on capabilities to drive conversion. Walmart shared via emailed announcement Wednesday (March 6) that it is expanding its existing Beauty Virtual Try-On capabilities through its app to include hair color options. The...
As retailers compete for consumers’ omnichannel loyalty, Costco is driving digital growth with a somewhat unconventional approach — selling precious metals. The membership warehouse club chain shared in its second quarter fiscal 2024 financial results Thursday (March 7) that digital sales were up 18.4% in the quarter,...
Walmart has extended its delivery window to include the earning morning hours. The retail giant’s Express On-Demand Early Morning Delivery, announced on its website Thursday (March 7), lets customers get deliveries starting at 6 a.m. “This expanded timing offers them peace of mind knowing they can get...
Depending on where you looked Wednesday (March 6), Walmart is scaling back self-checkout, limiting it to subscribers — or it’s a store-by-store decision. As reported through the past several days, and across a variety of media sites and social media conduits, the commerce giant is...
Foot Locker is accelerating its transformation into an omnichannel retailer in 2024 after making gains in 2023. The specialty athletic retailer aims to “make the customer journey more dynamic, personalized and seamless,” Foot Locker said in a presentation released Wednesday (March 6) in conjunction with its quarterly earnings...
Two reports from opposite sides of the globe confirmed that in-store and online shopping are intertwined at their best, and retailers need to offer seamless shopping experiences to deliver the most value to modern consumers. First came the news that U.S. retail giant Macy’s will shutter 150...
With the rise of eCommerce having transformed the way consumers engage with brick-and-mortar retail, traditional department store chains such as Macy’s are forced to adapt or fall behind, and with billions on the table, it remains to be seen whether it will stay on the...
Fabric/craft supplies retailer Joann is reportedly considering a bankruptcy filing. That filing could come as soon as this week, with the company striking a deal that would give control to lenders and free it of costly debt, Bloomberg News reported Saturday (March 2), citing sources with knowledge of...
