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Target Net Earnings Drop 90% in Q2 2022 While Walmart Sees Grocery Growth

Inventory markdowns weighed on Target in Q2 2022 as its net earnings dropped to $183 million, down almost…

News August 17
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Shopify has debuted its new Shopify Collabs platform to connect its merchants with influencers.

Shopify Debuts Creator Marketplace to Connect Influencers with Merchants

Shopify has launched a new platform called Shopify Collabs that makes it easier for creators to find and…

News August 17
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IKEA U.S. Installs EV Chargers at 25+ Stores, Plans Wider Rollout by 2023

IKEA U.S. Installs EV Chargers at 25+ Stores, Plans Wider Rollout by 2023

IKEA U.S. is deploying fast electric vehicle (EV) chargers at more than 25 retail locations across the country…

News August 16
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Authentic Brands Group has acquired British fashion label Ted Baker.

ABG Adds Ted Baker to its Brand Roster

Brand management firm Authentic Brands Group (ABG) has added another major retailer to its portfolio with the acquisition…

News August 16
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Walmart Adds Streaming to Walmart+ Membership With Paramount+ Partnership

Walmart is further enhancing the value of a Walmart+ membership with the addition of a Paramount+ Essential subscription…

News August 16
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Virtual influencer Miquela will help PacSun promote its back-to-school and holiday offerings.

PacSun Taps Virtual Influencer for BTS, Holiday Campaigns

PacSun has teamed up with a new kind of spokesperson for its back-to-school and holiday 2022 marketing campaigns…

News August 15
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WSJ: Best Buy Cuts ‘Small Number’ of Store Jobs After Lowering Sales Forecast

WSJ: Best Buy Cuts ‘Small Number’ of Store Jobs After Lowering Sales Forecast

Best Buy has started job cuts in stores across the U.S. as the retailer seeks to lower costs…

News August 15
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Office Depot Expands Delivery Options Through Uber Partnership

Office Depot has made a deal with Uber to deliver business, office and school essentials nationwide through Uber…

News August 15
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Shopping app Wish is reintroducing itself to shoppers with a new marketing campaign.

Wish Launches Marketing Blitz to Reintroduce Itself to Consumers

Wish has launched a global marketing campaign following almost a year’s pause on major advertising as new leadership…

News August 15
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