Malls are facing new threats as the COVID-19 Delta variant surges. Plus, Walgreens is putting the focus on healthy living with a credit card rewards program, and rowing is poised to become the next connected fitness craze. Data: 29%: Share of highly connected consumers who...
Albertsons is getting a digital makeover. The grocery giant announced on Monday (Aug. 16) that it is overhauling its digital offerings with a new app, a new loyalty program and a new eGrocery subscription service. “We have been working hard to revolutionize Albertsons Companies’ digital...
The art and antiques market is stepping up to the digital age. Plus, Neiman Marcus emerges from the pandemic more focused, and we have the latest news from Amazon and Walmart. Data: $85M: Amount Neiman Marcus will spend to improve its supply chain. 25%: Portion...
Retailers are embracing social commerce, meaning store associates are now content creators, too. Plus, eBay has a lot more company in the eCommerce game, and Coupang has an eye on long-term success after recent struggles. Data: 54%: Share of highly connected consumers who buy items...
The child tax credit could provide a jolt to consumer spending. Plus, Poshmark and thredUP say the secondhand market is on the rise, and rent-to-own retailers are looking for a place in the buy now, pay later market. Data: 86%: Share of consumers who have...
Casper and Purple are looking for alternative ways to get into bed with customers. Plus, The RealReal focuses on business improvement before continuing its retail expansion, and Etsy’s Star Seller program could discourage new sellers from joining the platform. Data: $50M: Amount of sales Purple...
The fragmented swimwear market presents an opportunity for direct-to-consumer brands. Plus, supply chain issues are likely to persist through the holiday shopping season, and flexibility is the key to locking in streaming video subscribers. Data: $223B: Retail headwind projected by Salesforce for the second half...
Levi Strauss has gotten into the activewear market. Plus, we reveal the latest news from Amazon and Walmart, and Perch is building the consumer products company of the future. Data: 35%: Share of Americans who changed waist sizes during the COVID-19 pandemic. 40%: Share of...
Here’s why eCommerce must evolve beyond a transaction-based mindset. Plus, Wayfair looks to navigate through a decline in active customers, and Etsy values customers of all kinds. Data: 80%: Share of recent Wayfair Professional customers who placed 4+ prior orders. $200B: Total addressable B2B market...