Walmart is having its annual open call for products amid the firm’s recent commitment to invest in items made, grown or assembled in the United States. In dining, ordering takeout or delivery has become an essential part of many consumers’ lives in the past year. And in innovation, the future of retail...
Secondhand clothing platform thredUP began trading after pricing its initial public offering (IPO) at the high end of the expected range amid formidable demand from investors. In omnicommerce, consumers’ use of digital and mobile wallets has soared in the last three years and has only been accelerated by the pandemic. And...
Rite Aid’s front-end comparable same-store sales have dropped, fueled by a precipitous decline in the cough, cold and flu categories. In earnings, Restoration Hardware parent RH reported record quarterly and full-year results, as it also detailed an international expansion plan that aims to boost future sales. And in dining, consumers are...
Cadi’s autonomous golf shops are letting players try before they buy on the course. In travel retail, Winnebago Industries reported that “robust consumer demand” fueled sales amid growing interest in outdoor activity. In entertainment retail, GameStop reported a spike in eCommerce sales as it moved to close physical stores, and in consumer finance, digital banking has become...
Online home-building upstart Welcome Homes is aiming to expediently and smoothly put migrating millennials into new residences. In retail logistics, a last-mile frenzy has merchants and eateries competing for delivery providers. And in restaurants, more consumers than ever are using mobile apps to order takeout and delivery. All this, Today in Data. Data:...
Bed Bath & Beyond Inc. is launching the first of multiple private-label brands, while Deliveroo is aiming to raise funds in its initial public offering (IPO) this month. In consumer behavior, the pandemic has shifted the experience-centric consumer’s focus to who and what made it easy for them to purchase what they needed...
Walmart has eased requirements that its marketplace merchants be registered in the U.S., and is also bringing A-list celebrity fashion designer Brandon Maxwell on board. In “pandenomics,” consumers have come to appreciate shopping, working and ordering food from home – and many who have made the digital shift no longer wish to perform these tasks out in...
Off-price retailer Five Below, Inc. expanded its retail footprint in its most recent quarter, as sales came out ahead of analyst expectations. In earnings, Dollar General posted its latest quarterly results that included a gain in same-store sales fueled by an increase in the average transaction amount. And in digital investments, Yotpo’s all-in-one eCommerce suite has...
Home improvement platform Angie’s List has rebranded and will now be known only as Angi. In brick-and-mortar, Caleres is renegotiating leases as direct-to-consumer (D2C) sales soar. And in digital commerce, a rise in online sales at Lands’ End was led by a large gain in European eCommerce, while in healthcare, consumers want their payment experiences to resemble their...
