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News & Media

Gen Z, Millennials reducing personal spend to afford holiday purchases

October 10, 2022

Some young shoppers, specifically Gen Z and Millennials, are giving up personal expenses, such as streaming services and eating out, in order to afford holiday…

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Target taps Prat Vemana as chief digital, product leader

October 10, 2022

Prat Vemana has been named EVP, chief digital and product officer at Target and begins the role as of Oct. 3.

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Amazon Prime Early Access Sale may set new records

October 7, 2022

Amazon's second Prime Day event this year, the Prime Early Access Sale taking place three months after Prime Day in July, could set new records when it comes…

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‘Skimpflation’ taking root among consumers

October 7, 2022

A hefty number of consumers, 79%, are cancelling subscriptions, choosing lower-cost providers and renegotiating contracts to combat inflation. The cutting back…

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Amazon puts hold on corporate retail hires

October 7, 2022

Amazon is putting the brake on corporate hiring in its retail division through the end of this year, including tech roles and its Amazon stores business…

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Goodwill launches online storefront

October 7, 2022

Goodwill Industries International Inc. now is selling goods online after launching an e-commerce site called GoodwillFinds.

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Economics not an issue for some holiday shoppers

October 6, 2022

While many consumers are worried about the economy some aren't going to cut back spending this holiday season.

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Why Amazon’s robot workforce could doom the American worker

by Jason Boyce — CEO / Founder, Avenue7Media

The year is 2030. Most humans have been replaced by machines in U.S. warehouses and factories. Millions of Americans are out of work and struggling to find…

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Appliance retailer launches 7th experience center

October 6, 2022

Howard's, a Southern California appliance retailer, has opened its latest Experience Center.

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Affordability big worry for UK holiday shoppers

October 5, 2022

Affordability is a top worry for holiday shoppers in the U.K. this year, with 41% stating they are not able to afford Christmas and 33% planning to spend less…

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Many retailers unprepared to manage digital operations

October 5, 2022

While the number of digital assets and digital orders is expected to grow 24% and 16% respectively next year, just 32% of retailers believe they will be…

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Dick’s Sporting Goods kicks off holiday hiring

October 5, 2022

Dick's Sporting Goods plans to hire nearly 9,000 seasonal employees for the holiday season.

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Economy, finances top concerns for holiday shoppers

October 4, 2022

Nearly a third, 29%, of U.S. consumers are thinking about spending less this holiday season and spending is expected to be on par with 2021 levels.

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H&M to test return fees in some markets

October 4, 2022

Swedish fashion retailer H&M is getting ready to pilot a return fee strategy in some of its markets.

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Why retailers need to get personal with conversational commerce

by Laura Apel — Senior Vice President Marketing, Mitto

An omnichannel marketing strategy is key to a marketing campaign’s success. Here are a few tips retailers can leverage when laying out their strategies.

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Swiss convenience store chain deploys bitcoin kiosks

October 4, 2022

Valora Group, a Switzerland-based convenience store chain, has introduced a kiosk that sells bitcoin at the company's k kiosk, Press & Books and avec…

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Inflation, interest rate spikes not slowing shopping

October 3, 2022

While consumers are still worried about inflation and interest rate hikes they haven't stopped shopping and spending, according to the National Retail…

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Rite Aid reports $5M in losses in recent quarter

October 3, 2022

Shoplifting cost Rite Aid $5 million in its most recent quarter, with its New York stores taking the hardest hit.

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Walgreens expanding robot network to bolster pharmacy operations

October 3, 2022

Walgreens is expanding a robotic network effort when it comes to fulfilling prescriptions in an effort to ease the labor load of its pharmacy staff.

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Food Lion, Lowe’s supporting Hurricane Ian victims

September 30, 2022

Food Lion and Lowe's have both kicked off efforts to help those impacted by Hurricane Ian.

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