Instacart will now deliver large items like furniture: The company’s new ‘Big & Bulky’ service builds on its core competency and gives delivery people on its platform an additional way to earn money.
Square sellers in the UK can now offer Clearpay online and in-store—building on the Afterpay rollout in the US and Australia.
Despite falling sales, Dick’s Sporting Goods is bullish: But Macy’s is taking a conservative view as inventory and demand challenges continue to hurt profits.
Mercado Libre is Latin America’s biggest ecommerce player by far, but competition from local players is heating up.
Macy’s is making moves. It’s expanding its Toys R Us shop-in-shops to every Macy’s location and will open four smaller-format off-mall stores this fall.
Inflation may hinder consumer spending during the holidays: Nordstrom is the latest retailer to lower its forecast for the rest of the year due to softening customer demand.
Here’s an outlook on how franchises will fare in the coming months.
Pinduoduo plans US expansion as China’s economy slows: The ecommerce platform hopes to follow Shein’s blueprint for success, but Amazon’s dominance could stifle growth.
Gap turns to logistics as its retail business falters: The retailer is offering other brands its supply chain capacity and know-how to offset declining sales.
eBay’s growth depends on its ability to dominate narrow niches: That’s why it is buying TCGplayer, an online marketplace for collectible trading card games such as Pokémon.
China’s slowing economy is taking its toll on retail companies: While JD.com topped expectations in Q2, it still posted its slowest year-over-year revenue growth on record.
Instacart’s IPO appears on track: The company’s Q2 revenues reportedly grew 39% and the number of orders placed on its app rose 25%.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the major takeaways from the latest retail earnings, the expectations versus reality, and what key performance indicators to watch going forward. Then for "Pop-Up Rankings," we rank the keys to second-half success for three major retailers. Join our analyst Sara Lebow as she hosts analysts Suzy Davidkhanian and Andrew Lipsman.
The FCA warned BNPL firms over “misleading adverts” and threatened breachers with criminal action.