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Rent the Runway Turns to Amazon as Turnaround Efforts Continue
As it completes its restructuring and moves forward on the path to profitability, rental subscription service Rent the Runway has opened a storefront on Amazon where it will sell both…
News January 13Morphe Parent Company Files for Bankruptcy in Preparation for Sale
Beauty brand Morphe’s parent company FORMA Brands has initiated voluntary Chapter 11 proceedings in order to facilitate the sale of its assets for $33 million. The sale is part of…
News January 13Holiday 2022 Recap: Promotions, BOPIS Drove Late-Season Engagement as Overall Growth Slowed
The 2022 holiday season showed slow, but steady, improvement for the retail industry. As economic headwinds curbed spending capacity, online retail grew in the U.S. but at its lowest rate…
Features January 13Lululemon Deploys RFID Solution Chainwide to Unlock Real-Time Inventory Data
Lululemon is in the process of rolling out a cloud-based RFID inventory management solution to its 600+ stores globally that will help the retailer optimize its in-store product assortments. The…
News January 13Beyond the Hype, a Compelling Business Case for Moving to the Metaverse
The consumer product titan Nike ushered in the 2022 peak holiday shopping season with a fascinating twist, announcing a decisive move into the metaverse with launch of the new .SWOOSH…
Executive Viewpoints January 13How Retailers and Brands can Thrive amid High Inflation
With an impending recession and continued high inflation, shoppers are becoming hyper-attuned to how and where their money is being spent.According to Attest, a consumer research platform for the world’s…
Executive Viewpoints January 13Reuters: NLRB Sides with Union at Staten Island Amazon Warehouse
A union formed at an Amazon warehouse in Staten Island earned a victory when a National Labor Relations Board (NLRB) Regional Director reportedly agreed that Amazon should recognize the organization,…
News January 12Mattress Firm Puts IPO on Ice, Citing Market Volatility
Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. In January 2022, the mattress chain announced its plans to list on…
News January 12Walmart Expands Reach of Third-Party Retail Services with Salesforce Integration
Walmart’s burgeoning slate of white-label retail tech will be made more widely available via a new partnership with Salesforce. Retailers will now be able to plug into Walmart Commerce Technologies’…
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