News
REI closing all operations on Black Friday
October 11, 2022
Outdoor clothing and accessories retailer REI is completely shuttering operations on Black Friday this year, not just its stores.
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Retailers optimistic despite challenges in holiday season
October 11, 2022
Retailers are generally optimistic about the upcoming holiday season and there will likely be a ramp up in promotion despite challenges such as inventory…
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Shoppers tapping phones for product research
October 10, 2022
A good number, 63%, of shoppers are using a phone in-store to research a product before purchase and 36% have bought something online while in a store.
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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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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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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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