Levi Strauss intends to open new stores to take advantage of a “commercial real estate tsunami” that has brought about record-high mall vacancy rates. In logistics, a new order partnership between UPS and Beta Technologies will bring electric-powered vertical takeoff aircraft into the delivery company’s fleet. And in payment methods, digital is the channel that an...
Virtual fitness platform Moxie is garnering the attention of consumers and investors with new users and fresh money. In management, activist investor and Chewy Co-founder Ryan Cohen has been nominated to become GameStop’s next chairman. And in investments, billions have been raised by special-purpose acquisition companies (SPACs) this year to date. All this, Today in Data....
Dick’s Sporting Goods plans to soon open a new concept store with indoor and outdoor multi-sport experiences. In strategic planning, Target is focused on developing its fleet of small-format stores – especially those on college campuses and urban streets. And in insurance, embedded insurance is providing an alternative to the clunkiness of traditional insurer...
Analysts and other industry observers have started to speculate about the timing of another Costco membership fee increase, although the firm has said nothing recently about future fee hikes. In digital retail, Backflip’s newly launched reCommerce platform seeks to simplify the process of turning unused phones and other electronics into cash. And...
TikTok has become a powerhouse of persuasion in the social commerce segment. In the markets, GameStop is aiming to issue new shares of stock at current market prices, in a move that would reap tens of millions of dollars at current prices to “further accelerate its transformation.” And in payment methods,...
Is it over yet? It’s a question that consumers have been repeating for over a year as the pandemic has worn on, bringing lockdown orders and economic uncertainty along with it. We’ve all learned to shop differently, seek out our snacks and groceries online, and adopt new...
Used car dealership chain CarMax plans to return its capital investment to pre-pandemic levels with plans to open more stores, expand its digital efforts and fund its acquisition of Edmunds. In disbursements, gig platforms aim to stand out and attract freelancers as the gig economy...
Walgreens said that its newest earnings results were dragged lower by a very weak cough, cold and flu season. In eCommerce, improperly fitted footwear and attire is such a common occurrence that many consumers simply order different sizes knowing they will take advantage of the free shipping...
A much slimmer version of JCPenney is aiming to put itself on an even keel months after it emerged from bankruptcy, while the new owner of Lord & Taylor is reportedly close to reintroducing a streamlined and digital-only version of its store. In payment methods, buy now, pay later (BNPL) appears to have...
