sales

Peloton Launches Key Products in U.S. Amazon Stores

Peloton had made its Peloton Bike, Guide and select accessories and apparel available for purchase in U.S. Amazon U.S. stores. Prior to…

WSJ: Amazon May Reduce Private Label Inventory Due to Disappointing Sales, Regulatory Pressure

Amazon has reportedly started “drastically” reducing the number of private label items it sells, people familiar with the matter told The Wall…

Target Plans Short-Term Profit Margin Hit as it Right-Sizes Inventory for Future Growth

Target is taking multiple actions to right-size its inventory, including additional markdowns, removing excess inventory and cancelling orders, as it makes room…

Chewy Co-Founder Takes 9.8% Stake in Bed Bath & Beyond, Calls for Sale of buybuy BABY

RC Ventures, the venture capital fund of Chewy Co-founder and GameStop Chairman Ryan Cohen, has taken a 9.8% stake in Bed Bath…

Report: Sycamore, Acacia Make Acquisition Bids for Kohl’s as it Faces Investor Pressure

Kohl’s has confirmed that at least two suitors have made acquisition offers. Sycamore Partners is reportedly willing to pay $65 per share,…

CMO Council: Marketers Move Further into the Sales Game, Boosting Revenue Opportunities — and Challenges

The importance of top-of-funnel marketing is growing as shoppers become better informed and more likely to do their own research. After all,…

NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated

As COVID-19 vaccine rollouts continued and government checks generated more spending power, retail sales rose 17.7% YoY and 7.4% from February 2021…

Commerce Department Report: Retail Sales Decline 1.1% in November

U.S. retail sales fell 1.1% month-over-month to $546.5 billion in November 2020, according to data from the Commerce Department. The decline marks…

Ascena to Sell Justice Assets at Auction as Bankruptcy Proceedings Continue

Ascena Retail Group has entered into an asset purchase agreement with Premier Brands Justice to sell the intellectual property, ecommerce business and…

Retail Sales Drop 16.4% Month-Over-Month In April Due To COVID-19

U.S. retail and food service sales dropped an estimated 16.4% from the previous month in April, nearly doubling the revised 8.3% decline…

Coronavirus Update: Brands Temporarily Close Chinese Shops, But Supply Chain Pressures Could Be Biggest Risk

The fast-moving coronavirus outbreak centered in China is making headlines around the world, but its impact on retail has been subdued thus…

Mobile Dominance: Smartphones Generate 61% Of Black Friday E-Commerce Traffic

Black Friday online sales reached a record $7.4 billion, up 19.6% from 2018, with the average order value (AOV) rising 5.9% to…

5 Ways Brands Are Embracing the Metaverse Moment

2022 Holiday Trends Guide: What Shoppers Will Buy This Holiday Season

6 Steps to Ecommerce Site Search That Converts

Redefining the Frontline Experience: New Data Reveals the Secret to Weathering Retail’s Perfect Storm