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As Retailers Pile On Sales Events, Shoppers Report Discount Fatigue
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Allbirds Cuts Workforce in Bid to Reduce Expenses
Allbirds announced plans to further streamline operations by reducing the size of its workforce. The brand didn’t specify the number of workers being affected, but it made a filing with…
News May 11Dollar General Expands DG Fresh Footprint as it Bolsters Supply Chain
Dollar General is beefing up its supply chain with of its first ground-up, dual facility in Blair, Neb. and two permanent regional distribution hubs in Newnan, Ga. and Fort Worth,…
News May 11Best Buy Expands Loyalty Initiatives with My Best Buy Memberships
Best Buy is the latest retailer attempting to capitalize on the 61% of consumers who have up to four subscriptions. My Best Buy Memberships, which will launch nationwide on June…
News May 11Google Aims to ‘Supercharge’ Shopping with Generative AI-Enhanced Search
As the CEO of ChatGPT developer OpenAI prepares to testify before the U.S. Senate next week about potential regulation surrounding generative AI, Google leaned into the tech at its annual…
Features May 113 Different Paths to Resale Profitability
Resale is one of the hottest sectors of retail right now, but despite rampant consumer demand and brand uptake, resale platform operators are struggling to make ends meet. This dilemma…
Features May 11Rokt Adds New Revenue Opportunities With Payment-Related Offers at Checkout
Machine learning-powered ecommerce payments provider Rokt has launched Rokt Payments Marketplace. The tool is designed to enable ecommerce businesses to unlock a new revenue stream on their payment page by…
News May 11Three Big Opportunities for Retail Enterprises in 2023 — and How to Capitalize on Them
Once the dust had settled from a strong holiday sales season, it was back to reality in the retail sector. For many retail enterprises, that means finding creative ways to…
Executive Viewpoints May 11UFCW Officially Votes to Oppose Kroger and Albertsons Merger
The United Food and Commercial Workers International Union (UFCW) has officially announced that delegates representing 1.3 million of its members unanimously voted to officially oppose mergers, including the proposed $24.6…
News May 10Tempur Sealy Buys Mattress Firm in $4B Deal
Tempur Sealy International will acquire Mattress Firm Group in a $4 billion cash and stock transaction, creating a company with a global footprint of approximately 3,000 stores, 30 ecommerce platforms,…
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