Levi Strauss posted better-than-expected revenue and profit for its quarterly results, which were supported by accelerated omnichannel and eCommerce capabilities in addition to shopper demand for refreshed wardrobes post-pandemic. And, in M&A, Stamps.com accepted an all-cash offer to go private from private equity firm Thoma...
Bloomingdale’s is set to open a small-format store called Bloomie’s in Virginia on the heels of other retailers introducing similar concepts. In earnings, increasing supply chain costs and environmental challenges could bring a deflated fiscal year for Helen of Troy even with consumers’ return to...
Authentic Brands Group (ABG) has filed to go public on the heels of multiple high-profile acquisitions during the last many months. In fitness commerce, CrossFit is signaling that it’s ready for the world to return to the gym as it names a former Nike executive...
The recovery is on, at least here in the U.S where the vast majority of consumers are looking ahead with optimism when it comes to what’s next, and the market is moving fast to meet their emerging needs. That movement is in turn making the digital world...
Torrid is seizing the direct-to-consumer (D2C) movement to capture increasing demand for plus-size apparel. In retail staffing, Apple intends to test a hybrid in-store and work-from-home arrangement for its retail employees later this year. And in digital banking, financial institutions (FIs), FinTechs and retailers are...
Walgreens has been doubling down on reinventing its membership programs and making its pharmacy/retail offerings more personal for shoppers. In technology, retailers are turning to artificial intelligence (AI) to cope with inflation. And in dining, a restaurant/wine bar in New York City has a solution for remote work “laptop squatters.” All this,...
Bed Bath & Beyond reported another quarter of comparable sales growth as it aims to reposition itself as a “digital-first, omni-always” brand. In digital wellness, connected fitness competition is growing for Peloton. And in online commerce, art collecting underwent a digital expansion last year, marking a dramatic shift for consumers and...
Direct-to-consumer (D2C) artisan home décor brand The Citizenry has landed an investment after a year of rapid growth powered by the red-hot nesting trend. In digital shopping, a social commerce battle is heating up just in time for summer, with Facebook launching Instagram’s in-app Checkout functionalities in the U.K. on a...
Etsy will purchase Brazilian handmade marketplace Elo7, which has been dubbed the “Etsy of Brazil,” in a move that grows the firm’s reach more securely in the Latin American market. In retail, Target and Hasbro are teaming up to roll out a Bullseye-branded board game later this summer. And in recurring payments, the subscription commerce business...
