Retail

Retail
Slip Raises $3.2 Million to Grow Receipt Data Startup
June 06, 2024

British receipt data startup Slip has raised $3.2 million in seed funding.  “Having launched the product last year and seeing great results so far, this capital allows us to accelerate our growth across the U.K., and internationally over the next few years,” Tash Grossman, Slip’s...

Retail
89% of UAE Retail Shoppers Leverage Digital Tools in Physical Stores
June 06, 2024

Worldwide, when it comes to shopping, consumers no longer think in terms of channels such as in-store or online. For an increasingly larger share, physical stores have become an extension of the digital shopping experience, and shopping is just shopping. This is one prominent trend...

Retail
One-Fifth of Secondhand Shoppers Bought Pre-Owned Furniture Last Year
June 06, 2024

As retailers see consumers trim spending on large-ticket items, many shoppers are turning to secondhand channels to make large purchases such as home furnishings. By the Numbers For the “Consumers Shop Secondhand Stores as Often as Other Retail” installment of the “Consumer Inflation Sentiment Report”...

Retail
Grubhub to Offer Starbucks Delivery Across US
June 06, 2024

Consumers across the United States will soon be able to have Starbucks orders delivered to their door by Grubhub. The coffee retailer and the food ordering and delivery marketplace announced their new delivery partnership in a Thursday (June 6) press release. Starbucks orders will be available via Grubhub beginning...

Retail
Sam’s Club Recruits Its Customers to Drive Private-Label Innovation
June 06, 2024

As retailers rethink their relationships with their customers looking to drive deeper loyalty and higher engagement, Sam’s Club is looking to its membership base to help guide the future of its Member’s Mark private-label brand. The Walmart-owned warehouse club chain announced Thursday (June 6) the...

Earnings
Dollar Tree CEO: Stores See 2.1% Hike in Foot Traffic But Lower Average Purchase
June 05, 2024

Dollar Tree has seen an increase in foot traffic to its stores, but those consumers aren’t buying as much. The retailer, which also is the parent company of Family Dollar, released its first-quarter earnings report Wednesday (June 5) for the quarter ending May 4. Dollar...

Retail
Zillennial Grocery Choices Show Appetite for Digital Content
June 05, 2024

Sandwiched between millennials and Generation Z are the zillennials, those born between 1991 and 1999 who have emerged as conscientious consumers.  As PYMNTS Intelligence reveals in “The Zillennial Paradox: Big Debt, Big Spending and a Conscience to Rule It All,” a report based on surveys...

Retail
Ulta: The Future of Beauty Is Click-and-Mortar™
June 05, 2024

As consumers seek more convenient buying options for even the most historically on-site trial-based categories, the beauty industry is transforming to meet shoppers’ increasing Click-and-Mortar™ expectations. Ulta Beauty, for instance, discussed this demand for shopping journeys that combine the digital and physical at the William...

Retail
LoadUp Launches Logistics Division for eCommerce Furniture Retailers
June 04, 2024

On-demand junk removal company LoadUp has launched a division dedicated to helping eCommerce furniture retailers generate additional revenue from each customer interaction, including in traditional areas of loss in return logistics. Like LoadUp itself, the company’s new Refurn division leverages technology to help it accomplish...