The past several weeks have seen one glowing earnings report after another for retailers and eCommerce companies. In toys, Mattel and Hasbro both saw strong sales between April and June, and shoemakers Skechers and Crocs said they’ve seen increased demand for their products as consumers...
Athletic footwear and apparel retailer Foot Locker is planning to acquire two smaller footwear retailers for a combined $1.1 billion as the company looks to grow beyond malls and accelerate its digital strategy. Get the Full Story Complete the form to unlock this article and...
Bed Bath & Beyond Inc. on Monday (Aug. 2) announced an exclusive retail partnership with home cleaning product company Safely that brings the product line into 750 Bed Bath & Beyond stores across the U.S., as well as buybuy BABY and Harmon locations and all...
The world suffered a loss this week, as American luminary Ron Popeil passed away at the age of 86 in a Los Angeles hospital. While younger readers may have never heard of the original TV pitchman, they’ve surely come in contact with his work, his influence and...
Today in restaurant and grocery news, major coffee brands report strong sales, while Restaurant Brands International sees its loyalty investments pay off. Plus, Gopuff gets another billion to power its expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top retail news, Amazon misses analysts’ sales expectations amid consumers’ return to pre-pandemic patterns, while children’s apparel retailer Carter’s says the federal government’s new child tax credit is good for both the country and its bottom line. Also, Procter & Gamble is expected...
Car dealers need used vehicles. Car buyers want to sell, but they’re not crazy about walking into a dealership. Enter CarGurus, which debuted a service on Friday (July 30) designed to bring the two together. Get the Full Story Complete the form to unlock this...
Children’s apparel retailer Carter’s is optimistic about its prospects as back-to-school shopping returns to normal and the new enhanced child tax credit kicks in across the U.S., even as the company is being forced to spend more to ensure that products can be imported quickly...
After another record Prime Day in June and months of investment in its logistics network, Amazon would historically have joined its retail compatriots in beating Wall Street earnings expectations this week. But with consumers emerging from their homes to shop and socialize, therefore spending less...
