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Is the Container Store Trying to be the Next Bed Bath & Beyond?
Seeking to support expansion into what it terms “strategic growth categories,” The Container Store has launched its “Uncontained” campaign, focusing on direct-to-consumer (DTC) products in categories including dining, entertaining, home…
News September 12
TikTok Shop Officially Debuts in the U.S.
It might have been the worst-kept secret in retail, but after months of unconfirmed reports, behind-the-scenes testing and tales from the front lines, TikTok has finally, formally launched its new…
News September 12
BJ’s Names New Chief Information Officer
BJ’s Wholesale Club has appointed Anjana Harve as EVP and CIO, effective immediately. In her new role, Harve will be responsible for the strategic leadership and direction of the company’s…
News September 12
Ebay Launches Luxury Consignment Service in Designer Handbag Category
Ebay has introduced Ebay consignment for luxury products, providing owners with direct access to expert sellers who will list and sell items on their behalf. The service is launching with…
News September 12
Amazon Continues Push Beyond its Own Ecosystem with Debut of ‘Supply Chain by Amazon’
The pandemic made “supply chain” a commonplace term, and now Amazon wants to make it a commonplace service. Ahead of its annual sellers’ conference, Amazon Accelerate, the tech giant announced…
Features September 12
Composable Commerce: Navigating Overlooked Transformation Challenges to Boost Business Agility
Retailers are waking up to the limitations of monolithic commerce stacks. These legacy models hinder one’s ability to be truly agile, which is particularly troublesome when considering the ever-emerging challenges…
Executive Viewpoints September 12
Rent the Runway Plans to Sacrifice 2023 Revenue to Meet 2024 Profitability Goal
Rent the Runway has lowered its revenue expectations for 2023, now saying it plans to at least match 2022 revenues of $296.4 million. This number is approximately 9% to 10%…
News September 11
Toys ‘R’ Us Canada Opens 10 New Stores Including 2 Standalone Babies ‘R’ Us Locations
Toys ‘R’ Us Canada is in the process of opening 10 new locations across the country in time for the 2023 holiday season, including two standalone Babies ‘R’ Us stores…
News September 11
Alibaba Cloud Unit CEO Steps Down; Freshippo IPO Reportedly Delayed
Alibaba’s former Chairman and CEO Daniel Zhang has stepped down from his roles with the company. Zhang, who had been named CEO in May 2015, recently narrowed his responsibilities to…
News September 11
