Sightline Payments will work with Visa to power its Play+ cards, which can help digitize the cash-heavy casino and gaming sector.
Warehouse construction slows as demand begins to soften: But supply remains short, which could exacerbate retailers’ challenges once consumer spending recovers.
Deckers and Skechers defy economic uncertainty to post record quarters: But elevated inventory levels among wholesale partners are driving both to focus on D2C.
Instacart leans into shoppable TV ads for Super Bowl campaign: Delivery platform’s signals its desire to woo CPG brands to improve its IPO prospects.
Amazon’s ad business reports another strong quarter: Its new AWS Clean Rooms could bolster its ongoing efforts to woo advertisers.
Retail layoffs garner headlines but they’re not the full picture: The number of people working in retail continues to grow—we break it down.
Amazon is rethinking its grocery business: The retailer is putting Fresh expansion on hold as it tries to strike a balance between innovation and value.
Over the past year, retail has pushed further into healthcare for two reasons: more customers and more money. The usual suspects (e.g., CVS, Walgreens, and Rite Aid) are all making investments in their healthcare offerings, but Amazon is on their heels.
The Nike-lululemon rivalry rages on: This time, Nike is suing lululemon for infringing on its footwear patents.
Ingenico and Splitit are focused on cutting customer friction to grow their in-store BNPL presence.
Where people work and live has changed—for the long haul: Retailers and restaurants that cater to downtown office workers need to adjust to the new normal.
Strong North American sales helped Starbucks overcome a steep COVID-19-related drop in China: But the company’s decision to devalue its rewards program coupled with its unchanging anti-union stance could come back to bite it.
Sick of disappointing retail news? So are we. Just like we’re sick of paying $6 for a carton of eggs. Some good news: US employers added 30,000 retail jobs in January, offering a big boost after a sluggish second half of 2022, when retail jobs fell for three consecutive months from September to November and were stagnant in December. Here are some more positive indicators.
Retailers are adapting to the changing market by focusing on digital tactics that drive demand for in-store shopping to meet evolving customer needs and expectations. Here’s what you need to know.