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TikTok Shop spend jumps during Deals for You Days
2024.07.26
U.S. shoppers spent $52 each during the social platform’s July sale, a historic high and a break from recent declines, according to Earnest Analytics.Read More + -
5 trends shaping the future of retailer-supplier partnerships
2024.07.26
Collaboration between retailers and suppliers isn’t new, but it’s taken on a new sense of urgency. After facing numerous supply chain challenges and disruptions in recent years, retailers are doubling down on supplier partnerships. Discover 5 practical strategies retailers are implementing to strengthen their supplier relationships and drive mutual success.Read More + -
Home Category Keeping Pace in Shifting E-Commerce Marketplace
2024.07.24
E-commerce shifts in June suggest that while economy and consumers response to it continue to bring some volatility to retail e-commerce sales, the home goods and decor business is keeping pace in a dynamic marketplace.Read More + -
Ross Stores adds 24 new locations in 2 months
2024.07.24
The off-price retailer still sees a path to 2,900 locations of its namesake banner as it also improves its value offering at DD’s Discounts.Read More + -
The owner of Homebase is mulling a sale of the DIY retailer after a takeover approach from The Range
2024.07.24
Homebase owner Hilco Capital is reportedly mulling a sale of the DIY retailer to The Range after being approached regarding a potential takeover.Read More + -
Depot files for bankruptcy
2024.07.24
Decorative items retailer operates around 300 branches nationwide The home accessories retailer Depot has filed for bankruptcy. The company has around 300 branches nationwide, as well as locations in Switzerland and Austria. In Germany, the chain employed around 4.400 people last year.Read More + -
Consumer Spending ‘Difficult to Read’ as June Retail Sales Remain Nearly Unchanged
2024.07.18
NRF Chief Economist says "spending has been uneven" as month-over-month data shows little growth.Read More + -
Ace, Target Add Stores As Consumers Keep Supporting Physical Retail
2024.07.18
Although e-commerce gets a lot of attention, particularly now as brick-and-mortar-based retailers leverage the online part of their businesses to compete with Amazon and its Prime Day summer promotion, many major retailers remain committed to significant and long-term store growth.Read More + -
US online retail sales to reach $1.2 trillion this year: report
2024.07.18
E-commerce is “maturing” and returning to “pre-pandemic normalcy” as it continues to capture market share, according to FTI Consulting.Read More + -
Gen Z, millennials drive membership growth at Sam’s Club
2024.07.17
Walmart CFO John David Rainey said the digital experience at the club retailer resonates with that cohort.Read More +