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Five Below’s ‘Rolling Thunder’ of Newness Contributes to 22.9% Sales Growth in Q2
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Checkmate Helps Retailers Offer Promotions Without Clogging Inboxes
Personalized shopping tool Checkmate is designed to help shoppers discover brands, apply discounts and manage their orders post-purchase. The solution aims to automatically help consumers keep track of their orders…
News November 10
Sephora’s Delicate Dance: Offering Prestige Beauty to Value-Conscious Consumers
Customer loyalty experts know that the best-run programs do far more than simply boost sales by rewarding members with points and perks. The Sephora Beauty Insider program, which now has…
Features November 10
The Future of Ecommerce Demands a Better Understanding of Online Consumer Journeys
Global ecommerce rose from 15% of total retail sales in 2019 to 21% in 2021. It now sits at an estimated 22% of all sales, according to a 2022 Morgan…
Executive Viewpoints November 10
Macy’s Commits $30M to Support Diverse Businesses
Macy’s has unveiled its new Shared Purpose, Unlimited Reach (S.P.U.R.) Pathways program to drive growth and investment for businesses owned by members of underrepresented groups that typically face barriers to…
News November 9
EY Consumer Future Index: Economic Fears Abound, but Americans Still Plan to Spend for the Holidays
Retailers have reason to be positive about the holiday season — Americans are still planning to spend about the same or more than last year on gifts, despite the fact…
News November 9
In $40M Deal, Gap Sells Greater China Business to Ecommerce Provider Baozun
Gap will sell its Gap Greater China (GGC) business to Shanghai-based ecommerce solutions provider Baozun in a $40 million all-cash transaction. The sale is the latest move by the retailer…
News November 9
Sephora Adds On-Demand One-Hour Delivery Across North America
Sephora shoppers will now be able to get the retailer’s beauty products delivered to them in under an hour, on average, thanks to a new partnership with DoorDash. Items will…
News November 9
Carrefour and Publicis Join Forces to Scale Retail Media in Europe and LatAm
Carrefour Group — which was one of the first retailers in Europe to launch a retail media network — has created a joint venture with Publicis Groupe, with the goal…
News November 9
CNBC: Activist Investor Pressure Encouraged Kohl’s CEO to Take Levi’s Leadership Role
Levi Strauss & Co. (LS&Co.) CEO Chip Bergh said that pressure from activist investors encouraged Kohl’s CEO Michelle Gass to take on her upcoming role as President and eventual CEO…
News November 9
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