Volume increased 12% YoY in its fiscal Q3 and was at 136% of 2019 levels—though inflation likely played a role.
Google Shopping stands to benefit from external factors that will draw more shoppers to its platforms.
Fanatics expects its collectibles business will generate $1 billion this year: The company signed deals with Netflix and Legendary Entertainment as it expands into pop culture.
There’s a new container ship backup: Demand surged earlier than usual as several large retailers moved up their holiday imports to (ironically) avoid supply chain disruptions.
McDonald’s takes a personalized approach to value to drive sales: The fast-food company is relying on targeted promotions to soften the blow of higher prices.
While Nordstrom hasn’t seen its customers cutting back, it could be only a matter of time before the recession comes for the department store.
Walmart looks to benefit from consumers’ shifting spending patterns: The retailer giant is working with health and wellness hospitality company Getaway to develop small general stores at some travel outposts.
Adding functions for small sellers’ convenience can help shore up its business, but it could also foreshadow Amazon’s broader payments strategy.
Prime memberships are about to get more expensive: Amazon is hiking fees up to 43% in some European markets to offset higher operating costs, but the move could put a damper on subscriber growth.
Shopify overestimated consumers’ appetite for ecommerce: The company cut 10% of its workforce to adjust to slowing ecommerce sales and an uncertain economy.
There are fewer retail vacancies than any time in 10 years: Retailers are testing new formats and expanding their physical presences to be closer to where consumers live and shop.
Walmart’s profit warning signals tough times ahead for retailers: But Unilever and The Coca-Cola Co. reported strong earnings due to higher prices as CPGs continue to thrive.
Glossier becomes the latest D2C brand to pursue wholesale: The beauty digital native’s deal with Sephora puts the company on a more traditional path to growth.
Following the heels of Amazon’s biggest Prime Day ever, our Remaining Retail podcast team discussed what’s next for the retail giant.