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Aritzia’s U.S. Revenue Jumps 54% as Store Expansion Continues
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NRF Predicts Record-Breaking Holiday Sales Despite Inventory Issues
Consumer purchasing power from growing income and household wealth will lead to record-breaking holiday sales this year, according to predictions from the National Retail Federation. Gift buyers are expected to…
News October 28
Starbucks to Raise Average Hourly Pay to $17 Per Hour in Summer 2022
Starbucks is boosting pay for its associates to some of the highest levels in the retail industry, with a new range of $15 to $23 per hour for baristas starting…
News October 28
Rent the Runway Stock Dips on First Day of Trading
Rent the Runway joined the growing slate of digital-native retail startups to go public on Oct. 27, listing on the NASDAQ under the ticker symbol “RENT.” But despite a strong…
News October 28
Amid Supply Chain Woes, One Area of Retail Has a Product Glut — Resale
While most retailers are struggling to deal with product delays and shortages this holiday season, one retail sector has a seemingly unlimited supply of goods – resale. New research from…
News October 28
Sustainable Development in Retail: Measuring What Matters
Sustainability matters to the modern consumer to a far greater degree than most retailers are willing to admit. As global connectivity continues to rise, generational shifts are coming to play…
Executive Viewpoints October 28
Hitachi Vantara Offers Retailers Lidar-Based Grab-and-Go Self-Checkout
Hitachi Vantara has launched the Grab-N-Walk Out solution, which is designed to help customers take want they want, pay and leave with minimal friction. The store automation solution can help…
News October 28
IKEA Planning Studio Concept Heads West With Two Los Angeles Stores
IKEA will expand options for urban customers on the West Coast with two planning studios in the Los Angeles area set to open in spring 2022: one in Long Beach…
News October 27
Target Enhances Omnichannel Pickup and Payment Offerings for the Holidays
Target is adding new features to its click-and-collect operations for the gift-giving season that will allow shoppers to personalize their pickup and delivery experiences. The retailer has added more than…
News October 27
Ulta Beauty Plans 50 Store Openings Per Year, AI Investments and Retail Media Network
Ulta Beauty plans to maintain its growth with 50 new store openings each year, enhanced last mile options and investments in media and AI, including the launch of an in-house…
News October 27
