Bolt, a checkout and shopper experience company, has disclosed its plans to complete the acquisition of fiat-to-crypto payment infrastructure provider, Wyre, before the end of this year. Bolt announce...
Tag: Retailers
Retailers Eye Smaller Stores And Human Connections
MCLEAN, VA – Tysons Corner Center, a mall in suburban Washington. (Photo by Brendan Hoffman/Getty … [+] Images) Getty Images The COVID-19 roller coaster took many brick-and-mortar retailer...
Why Retailers Are Converting Stores Into Fulfillment Centers
Portland, OR, USA – May 6, 2020: Closed DSW Designer Shoe Warehouse retail store in Northeast … [+] Portland, Oregon, during the coronavirus crisis. getty Over the past couple of years, br...
As Energy Price Hikes Bite, Retailers Look To Sustainability To Cut Costs
As energy prices soar, retailers turn to sustainability to control costs and meet environmental … [+] goals getty With higher energy prices coming into effect in the UK today, many retailers are...
Supply Chain Crisis Is Retailers’ New Normal
Shopper staring at empty shelves getty For a moment, at the end of last year, it seemed like the sun was beginning to set on the pandemic. Container volume at key ports like Los Angeles had reached a ...
RH, Lululemon Earnings Top Views, But Upscale Retailers Diverge| Investor’s Business Daily
Upscale retailers RH and Lululemon Athletica (LULU) reported better-than-expected earnings late Tuesday but sales that slightly missed expectations. RH stock fell sharply Wednesday, while LULU stock j...
Instacart Just Gave Grocery Retailers The Keys To The Castle
Today Instacart announced the launch of Instacart Platform™, a suite of tools for grocery retailers to deliver omnichannel experiences for shoppers. This platform will allow retailers to essentially w...
Nike recovers in China, potential good omen for retailers
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Glimmers of hope for Nike in China...
Ukrainian Entrepreneurs Struggle To Save Their Employees As War Threatens To Crush Their Businesses
Andrey Zdesenko, one of the top 100 richest people in Ukraine, is the founder of Biosphere Corporation, the largest manufacturer of household products in Ukraine. His company is now helping deliver ai...
Costco stock falls as retailer’s sales pace slows
Costco Wholesale Corp. late Thursday reported quarterly results and sales that topped Wall Street expectations, but the stock headed lower as same-store sales growth slowed. Costco COST, +0.96% said i...
Retailers warn of business impact from Russia’s invasion
Employees put wooden shields on the window of Louis Vuitton shop in Kyiv on February 24, 2022 as Russia’s ground forces invaded Ukraine from several directions today, encircling the country with...
Why Nike’s Foot Locker Exit Could Devastate Other Retailers
There could be a lot more swooshes to come across all of retail. (Photo by John Nacion/SOPA … [+] Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images For any retailer s...
Will Any Retailers File For Chapter 22 In 2022?
NEW YORK – JUNE 01: A sign leading to U.S. Bankruptcy Court in lower Manhattan is seen June 1, 2009 … [+] in New York City. General Motors filed for Chapter 11 bankruptcy protection June 1...
5 Ways Retail Businesses Can Manage Price Increases
With costs increasing across the board, retailers are looking for ways to cope with price rises. getty After two years that have been full of challenges, from Brexit to the pandemic, the UK’s cost of ...
Cost Of Living In The UK Surges
With the cost of living soaring, many retailers and consumers are grappling with the difficulties of … [+] price rises getty A further interest rate rise by The Bank of England this week, confir...
Sustainability Is What’s Keeping Retailers Awake At Night
ESG Executive Graphic Shutterstock.com The National Retail Federation, or NRF, held its annual Big Show live and in-person at New York City’s Javits Center a little more than a week ago. As you can im...
Could Smaller, Vibrant Retailers Bring The Flavour Back To ‘Vanilla’ High Streets?
Could a vibrant selection of great quality small retailers put the flavour back into Britain’s often … [+] ‘vanilla’ high streets? getty With new research showing that overall ...
What Tesla Could Teach Retailers About Supply Chains
Warehouse Workers getty The supply chain logjam has been a once-in-a-century management crisis which no company could have anticipated, let alone been prepared for. And yet some were, to one degree or...
Retailers’ average return rate jumps to 16.6% as online sales grow
Miami, Doral, IKEA exchange and returns elevators. Jeff Greenberg | Universal Images Group | Getty Images As shoppers buy more online during the pandemic, they are also returning a larger portion of c...
Consumers accuse small retailers of price gouging on Covid tests
When Ja’Kiem Crayon tells customers the price for a single Covid-19 at-home test at the Manhattan-based pharmacy where he works, he’s often in for an argument. “They come in, they...
Consumers Expect Retailers To Share Their Values
Young woman recycling used clothing getty COVID-19 will go down in history as a global catastrophe — like the start of World War II — that ignited a sudden shift in how we see ourselves in relation to...
Retailers see staffing challenges as omicron rages, sales taking a hit
A “now hiring” sign is posted on an Urban Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Retail executives presenting at the virtual ICR Conference this we...
Retailers’ Next Headache? Odds Favor A Post-Holiday Recession
Big sale tag announcement at clothes shop. getty Just when things were looking up — consumer spending so far this season has been strong, profit margins are widening, COVID rates seemed to be declinin...