Nike remains bullish on the expansion of its digital and direct-to-consumer (D2C) business. In automotive, CarMax posted record financial results amid the firm’s push to grow its digital presence, during a supply chain shortage that is leading purchasers into the secondhand vehicle market. And in commerce, the past year has...
The secondhand market is ready to flourish, with resale alone anticipated to grow many times faster than the wider retail clothing sector in the next five years. In eCommerce, the “Gap Home” debut on Walmart’s website is putting pressure on décor rivals. And, in business-to-business...
Nordstrom and men’s custom-fit fashion retailer Indochino are opening store-in-store locations. In retail strategy, Target has set a series of sustainability goals on par with Walmart, Amazon and a number of other retailers. And in eCommerce, shoppers who went in droves to Amazon to get summer savings reportedly put less in their carts than in prior years. All...
Retailers are aiming to reap the benefits of Prime Day or risk missing out on what has evolved into one of the biggest shopping events of the year, with billions in sales projected for Prime Day and related summer events. And in dining, mobile ordering is still...
Amazon’s much-hyped and awaited Prime Day sales event is now officially underway, while many parallel promotions are taking place at competitors. In international retail, KKR is investing in Indian personal care and beauty products firm Vini Cosmetics. And in retail trends, nearly all consumers have placed online orders for products. All this, Today in Data....
Walmart’s array of centrally located properties are increasingly being seen as possible airports for drones, while toy brand Mattel recently unveiled a collaboration and direct-to-consumer platform. In fuel commerce, Payment24 is launching a new touchless tech that could forever change how gasoline payments are made. And, in...
Honest Company is facing challenges such as increasing costs and falling diaper sales on the heels of its initial public offering (IPO). In brick-and-mortar retail, marketing platform Perch has teamed with Nestlé’s Purina pet care brand to make end-cap displays at a time when businesses are rethinking the physical store in response to the...
Best Buy recently revealed plans to grow its product offerings into the travel and outdoor living categories. In eCommerce, Amazon is asking social media firms and consumer protection watchdogs to do more to safeguard unwitting buyers and well-intentioned sellers from an increasing spate of fraudulent activity. And in dining, more consumers than...
Retailers are facing the impacts of port congestion and shipping delays, as congestion at the country’s maritime ports continues to cause supply chain disruptions. In the economy, May retail sales fell from April, as demand for electronics, automobiles and building supplies softened. And in consumer finance, a slight...
