Shopping malls are adding new experiences to the spaces where stores and shoppers used to be. Plus, Procter & Gamble is increasingly relying on eCommerce channels to increase its sales, and retailers and online sellers are looking into new ways to combat the increasing amounts...
Retailers look to lure new customers with alterations of their supply chain logistics. Plus, Saks Fifth Avenue is eyeing a public offering as soon as next year, and consumers’ expectations include delivery of their goods within two hours. Data: $6B: Valuation of Saks Fifth Avenue’s...
Cryptocurrency and social media are two more tools in retailers’ belts. Plus, retail sales continue their slow rebound, and all the latest news from Amazon and Walmart. Data: 14%: Year-over-year increase in retail sales in September 2021. 68%: Amazon’s share of the voice artificial intelligence...
We explore why it’s important to make a connection with secondhand sellers. Plus, Walgreens launches a healthcare business segment, and how on-demand manufacturing could dramatically reduce stock times for all sorts of items. Data: 40M; 16M: Number of COVID-19 vaccines and tests, respectively, administered at...
Digital marketplaces are helping retailers expand their customer bases. Plus, the buy now, get now mentality is assisting occasionwear retailers, and fast fashion faces headwinds amid the global supply chain slowdown. Data: 17%: Share of consumers buying more clothing and accessories online than last year....
Global streaming commerce has the attention of brands and tech giants alike. Plus, social media platforms are using a variety of approaches to attract customers and win their business, and appointment shoppers are changing the retail experience. Data: 4K: Number of weekly appointments at Suitsupply’s...
Retailers are separating in-store and eCommerce operations. Plus, apparel brands are dealing with the increase in cotton prices, and conversational commerce could play a key role in eCommerce within the next decade. Data: 4.2%: Increase in apparel prices through August 2021. $1.16: Per-pound price of...
Adidas’ partnerships are opening new avenues for revenue. Plus, department stores are increasingly reliant on beauty to boost their bottom lines, and all the latest news from Amazon and Walmart. Data: 15: Number of cities where Amazon offers same-day delivery. 91%: Share of consumers who...
Consumers are lining Levi Strauss’ pockets as they look to refresh their wardrobes post-quarantine. Plus, eCommerce newcomers struggle to meet consumer demand amid supply chain bottlenecks, and Walmart is angling for a higher share of the clothing market with its Free Assembly Kids apparel line....
