Lululemon is concerned about increasing competition in the athletic apparel space. Plus, CVS boosts hourly wages for employees to combat the labor shortage, and Chairish says its acquisition of Pamono is just the start of its global expansion plans. Data: $600M: Approximate cost to CVS...
BigCommerce has chosen Sezzle as its preferred buy now, pay later provider. Plus, Simon Property Group CEO David Simon points to the numbers amid Delta variant fears, and combining artificial intelligence with email marketing could curb online shopping cart abandonment. Data: 48%: Share of BNPL...
Foot Locker acquires two small retailers to boost its growth. Plus, digitized retailers could quickly pivot if COVID-19 restrictions are reinstated, and Victoria’s Secret and Bath & Body Works chart their own paths. Data: 80%: Share of WSS sales that come from loyalty program members....
Carter’s benefits briefly from the child tax credit. Plus, AI could answer the labor shortage problem, and we dive into the latest news from Amazon and Walmart. Data: 90%: Portion of Americans who live within 10 miles of a Walmart location. 25%: Anticipated share of...
Sally Beauty customers focus on self-expression, leading to a bright future for the company. Plus, Google Cloud has a solution for search abandonment, and Express focuses on social commerce. Data: 52%: Growth in Sally Beauty’s vivid color sales in the U.S. and Canada in Q2....
Shopify’s Shop Pay Installments blasts out of the gate with a vengeance. Plus, homeowners shift to cosmetic improvements and Barbie and Hot Wheels fuel Mattel’s growth. Data: 118M: Number of registered users on Shopify’s Shop platform. 40%: Portion of people who sign up for subscriptions...
Payments and shopping platform Klarna has acquired social commerce company APPRL. Plus, thredUP lands in Europe thanks to its acquisition of Remix, and retail shoppers are demanding more appointments than ever. Data: $84B: Projected total to be spent on social commerce by 2024. 49%: Share of...
Hasbro’s digital gaming division plays a big role in the company’s revenue growth in 2021 Q2. Plus, Amazon upgrades its luxury marketplace and seeks a crypto expert in a company job posting. Data: 118%: Year-to-year revenue growth from Hasbro’s digital gaming segment. $406M: Total value...
Skechers says pandemic effects aren’t over despite a 127 percent jump in year-over-year sales in Q2. Plus, Harley-Davidson drivers are becoming increasingly digitally connected, and we explore the latest happenings at Amazon and Walmart. Data: 127%: Skechers’ year-over-year revenue growth in 2021 Q2. 1.5M: Number...
