Latest Retail News

Ascential Combines Brands To Launch E-Commerce Data Solution

Published in News Briefs
Tuesday, 23 October 2018 17:18

Ascential plc, a global information company, has combined services from its existing brands to launch Edge by Ascential, an e-Commerce data and insights service for brand manufacturers and retailers. The company, which acquired Clavis Insight earlier this year, is bringing together foundational elements from Clavis, Brand View, One Click Retail,…

Walmart Expands Free Two-Day Shipping For Millions Of Products

Published in News Briefs
Tuesday, 23 October 2018 14:40

Walmart will offer free two-day shipping for millions of additional items, including products from third-party sellers, starting in November. Additionally, the retail giant will start accepting e-Commerce returns at its stores for some third-party sales items.

Card Companies Move Toward Friction-Free Online Checkout

Published in News Briefs
Tuesday, 23 October 2018 12:48

E-Commerce checkout friction can be a deal breaker: 85% of online shoppers reported that they have abandoned a purchase upon reaching a merchant’s checkout page at least once in the past year, according to a survey commissioned by American Express. To combat this challenge, American Express, Discover, JCB, Mastercard, UnionPay…

Tobi Relaunches Mobile App For Holiday Season

Published in News Briefs
Tuesday, 23 October 2018 12:06
Written by Adam Blair

Tobi has partnered with Poq, a SaaS-based native app platform developer for retail, to relaunch its mobile app in time for the 2018 holiday season. The fast fashion brand, which serves customers in more than 100 countries, will debut the new app in November. “Poq’s feature-rich SaaS platform, deep domain…

Delivering Good Partners With Retailers To Donate $1M To Puerto Rico Recovery

Published in News Briefs
Tuesday, 23 October 2018 09:21

Delivering Good, a non-profit devoted to helping children and families, has collected more than $1 million in new children’s apparel and other items to distribute to families in need in Puerto Rico. The island is still recovering from the devastating impact of Hurricane Maria: On June 1, 2018, the beginning…

Alibaba Aims To Top $25 Billion In Singles Day Sales On 11.11.18

Published in News Briefs
Monday, 22 October 2018 17:04

Alibaba will continue scaling up Singles Day, the retail giant’s Nov. 11 shopping holiday, for 2018. The event will become multi-country and multi-platform, and feature new promotions such as a shoppable fashion show.

Rent The Runway And Huckberry Launch Pop-Ups With Unique Twists

Published in News Briefs
Monday, 22 October 2018 11:46
Written by Bryan Wassel

Retailers are becoming even more creative with their physical offerings: Rent the Runway has partnered with WeWork, a shared workspace provider, to open drop-off points inside WeWork office spaces. And Huckberry will feature seven unique “adventure itineraries” at its first physical space in New York City, detailing travel plans and the…

Mastercard Speeds Transactions With ‘No Signature Required’ Worldwide

Published in News Briefs
Friday, 19 October 2018 17:10

Cardholder signatures, both at the point of sale and on the backs of credit and debit cards, will now be optional for Mastercard customers worldwide. The move will speed checkout, and shoppers using contactless payment methods won’t need to worry about providing a signature. Mastercard had eliminated its signature requirements…

Amazon Joins $35 Million Funding Round For Lifestyle And Food Studio

Published in Financial News
Friday, 19 October 2018 12:35
Written by Glenn Taylor

Tastemade, a digital lifestyle and food network and studio that also sells cooking materials, home and travel gifts, has secured a $35 million Series E funding round with Amazon contributing a share. The amount of capital Amazon invested has not been disclosed. As Amazon continues to create original programming through its own studio and grows as a content provider, Tastemade offers an interesting complement to the e-Commerce giant’s other media offerings. The Tastemade TV linear streaming network features more than 200 hours of original programming and already is available on Amazon Prime video, as well as other streaming services such as YouTube TC, Roku, Apple TV, Philo and the Tastemade App.

Sam’s Club Expands Same-Day Delivery To More Than 350 Stores

Published in News Briefs
Friday, 19 October 2018 11:46

Sam’s Club will extend same-day delivery service to more than 100 new stores and 90 new markets across the U.S. through its partnership with Instacart. The option will be available at 350 clubs by the end of October, covering more than half of all Sam’s Club stores.

Albertsons Launches Online Marketplace Featuring Hard-To-Find Foods

Published in News Briefs
Thursday, 18 October 2018 17:03

Albertsons Cos., the parent company of supermarkets including Albertsons, Jefferson’s, Jewel-Osco and Shaw’s, is offering customers the ability to discover more diverse specialty food items with the launch of a digital marketplace of third-party sellers that focuses on natural, organic, ethnic, and alternative products. The retailer, which appointed Jim Donald as…

Etsy, Target Top Halloween-Related Social Chatter

Published in News Briefs
Thursday, 18 October 2018 16:22

With Halloween lurking creepily around the corner, retailers are making last-minute preparations to capture their share of a projected $9 billion in consumer spending. But social media conversations may provide omens about which retailers will generate the most revenue throughout the shopping day. The retailers attracting the most social engagement…

HSN, QVC Merge Into Single Retailer

Published in News Briefs
Thursday, 18 October 2018 11:22

Qurate Retail Group, the parent company of HSN and QVC US, will combine the two retailers into a single business unit called QXH. The parent company seeks to improve long-term growth prospects and accelerate the retailers’ digital transformation, as well as enhancing delivery speed and lowering costs for shoppers. Despite…

UnDigital Places Ads In Delivery Boxes To Grab Shoppers’ Attention

Published in News Briefs
Thursday, 18 October 2018 10:47

The proliferation of ads in digital channels is becoming an annoyance for shoppers, and younger consumers are becoming experts at filtering out information that doesn’t interest them. UnDigital seeks to help brands get their message out by putting advertisements where customers are sure to look: inside e-Commerce packages.

Mobile, AI-Based Recommendations Top 2018 Holiday Predictions: Webcast Recap

Published in News Briefs
Thursday, 18 October 2018 17:32
Written by Glenn Taylor

What will define the 2018 holiday season? While retailers saw 18% revenue growth during the 2017 holiday, this season’s growth will be shaped by numerous factors, including the continued growth of mobile, AI-based product recommendations and email marketing. Salesforce unveiled five major predictions that will drive growth during the 2018…

Target Takes Aim At Toy Retailing Crown

Published in News Briefs
Wednesday, 17 October 2018 15:40
Written by Adam Blair

Photo: Stephen Allan In the clearest sign yet that Target is striving hard to take the place Toys ‘R’ Us once held, the retailer is expanding both store and digital toy departments for holiday 2018. Target’s multi-part toy campaign includes: • A nearly 250,000-square-foot expansion of store space for toys…

OC&C Boosts Data Science Consulting Services With Ugam Partnership

Published in News Briefs
Wednesday, 17 October 2018 15:40

OC&C Strategy Consultants has partnered with Ugam, a Mumbai-based data and analytics provider, to provide advanced data and analytics capabilities for its global strategy and business consulting services. The company seeks to empower retailers with the insights and tools needed to make data-driven decisions. “Ugam’s experience applying advanced data science…

Postmates Expands To 134 More Cities, Reaching 60% Of U.S. Households

Published in News Briefs
Wednesday, 17 October 2018 13:24

Postmates has launched its delivery service in 134 new cities, bringing its total coverage to 550 municipalities and 60% of U.S. households. The company is aiming to reach 70% of U.S. households by the end of 2018.

Wayfair Launches Paid Membership Program Offering Free Shipping, Installation Discounts

Published in News Briefs
Wednesday, 17 October 2018 11:35

Wayfair has launched MyWay, a membership program with benefits ranging from free shipping to special members-only promotions. The program is also supported by furniture retailers Joss & Main, AllModern and Birch Lane in the U.S.

CVS Rolls Out Apple Pay Acceptance Chainwide

Published in News Briefs
Tuesday, 16 October 2018 16:31

CVS, which once went so far as to deactivate the NFC terminals in its stores in order to thwart customers’ use of mobile wallets, now accepts Apple Pay chainwide. CVS customers with compatible iPhones and Apple Watches can use Apple Pay throughout the 9,800-store chain. In August 2018, Apple CEO…

Advance Auto Parts Will Drive Onto Walmart.com

Published in News Briefs
Tuesday, 16 October 2018 11:54

Walmart has unveiled a partnership with Advance Auto Parts to create a specialty auto parts store on Walmart.com. The online store will sell common auto parts and accessories, including tires, lube and battery services, both online and in the 2,500 Walmart Auto Care Centers nationwide. The retail giant already has…

2018 Retail Bankruptcies: 12 (And Counting)

Published in News Briefs
Tuesday, 16 October 2018 09:35

While retail as a whole appears to have weathered the so-called apocalypse, a number of companies have been unable to take advantage of the current economic good times. For brands like Sears and Toys ‘R’ Us, bankruptcy has seemed like the inevitable end for months, if not years. For other…

Retailers Harness Weather Predictions To Improve Operations

Published in News Briefs
Monday, 15 October 2018 11:55

IBM subsidiary The Weather Company is working with retailers to provide both real-time weather information and predictive weather analytics solutions. The solution helps retailers understand how weather is going to impact shipments coming into warehouses, when products might arrive at stores and the potential impact on in-store traffic. Unpredictable winter…

Sears Files For Bankruptcy After Failing To Adapt To Retail’s Transformation

Published in News Briefs
Monday, 15 October 2018 09:58
Written by Glenn Taylor

The long and seemingly inevitable road to bankruptcy has finally come to an end for Sears. The 132-year-old retailer, one of the most iconic brand names of the 20th century, filed for Chapter 11 bankruptcy to reorganize debt and will close and liquidate 142 unprofitable stores by year-end. The retailer…

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