Retail brands see themselves capturing consumers’ interest with limited-edition offerings. Plus, Restoration Hardware prioritizes the curated home ecosystem for 2022, and Rent the Runway says it sees growth opportunities beyond the fashion sector. Data: $1B: Restoration Hardware’s Q3 revenue, up 19% from 2020 and 40%...
Wayfair’s digital sales are struggling, so it’s paying more attention to its brick-and-mortar stores. Plus, lack of new car inventory means auto parts sales are on the rise, and Stitch Fix takes a new approach to luring customers. Data: 10: Number of items Stitch Fix...
Target and Kohl’s are squaring off in an effort to court a bigger share of the in-store beauty market. Plus, the logic behind breaking up Kohl’s online and in-store businesses. Data: 100; 800: Number of Ulta shop-in-shops at Target stores today and planned for the...
Many retailers are now offering incentives to consumers when they pick up their purchases rather than having them delivered. Plus, we explore how data distortion can skew the health of physical retail. Data: 12%: Drop in Black Friday shopping in physical stores from 2021 to...
Amazon remains a popular shopping destination as people flock to purchase toys and hobby equipment for holiday gifts, and we’ve got all the latest news in Amazon and Walmart’s ongoing battle for retail spend. Data: 25%; 31%: Share of Black Friday shoppers who bought toys, hobby...
Dollar General won’t follow Dollar Tree’s lead in raising prices. Plus, Warby Parker, Allbirds and ThirdLove expand their product lines, and Toys R Us is still trying to figure out its identity in its latest incarnation. Data: 20K: Number of square feet in the upcoming...
The omicron variant of the COVID-19 pandemic could cause holiday shoppers to think differently. Plus, the reality of the metaverse for smaller brands is closer than ever thanks to augmented reality software, and retailers know they need to do more to bring holiday shoppers back...
Luxury brands are getting more involved with the resale market. Plus, the omicron variant of the COVID-19 pandemic could put another crimp in the economic recovery around the world, and the new Twitter CEO can enhance the platform’s social commerce presence in a major way....
Cyber Monday represents the first real test for the metaverse. Plus, why product drops are so important to Gen Z shoppers and direct-to-consumer brands, and Walmart is feeling the pressure from Amazon after the latter dominated again on Black Friday. Data: 71%; 41%: Share of...
