Walmart is closing its two pickup- and delivery-only concept stores in the Chicago suburb of Lincolnwood and in Bentonville, AR. Walmart opened the Lincolnwood store in 2019 on the site of a former Do...
Tag: RetailWire BrainTrust
Lululemon Doesn’t Need A Teen Strategy, Says Lululemon
Lululemon continues to gain popularity with teens, although the retail brand is not directly targeting the demographic. According to Piper Sandler’s “Fall 2022 Generation Z Survey,” the yoga-themed ch...
Controversy Persists Over Amazon’s Use Of Data To Favor Its Knockoffs
The 800-pound gorilla that is AmazonAMZN .com finds itself coming off as a corporate bully when its private label teams find small and growing brand products and then produce knockoff versions that it...
Instacart Wants To Transform Into An Inspirational Shopping Platform
Instacart has retained Grammy winner Lizzo as the face of its biggest brand campaign to date to introduce Carts, an in-app experience that will enable pop culture personalities, retailers and online c...
Questioning The Wisdom Of Best Buy’s Latest Round Of Lay-Offs
Best BuyBBY is laying off an unspecified number of associates in stores across the country in what is widely seen as a cost-cutting move after the chain last month lowered its annual sales and profit ...
Refurbished Products At Walmart? Why Not? They’re Everywhere Else.
WalmartWMT has launched a program selling refurbished appliances and consumer electronics that it says will offer high-quality products at a fraction of the cost of buying them new. “Good as new” is t...
New Whole Foods CEO Wants To ‘Reconnect’ To Company’s Heritage
Speaking at The Wall Street Journal’s Global Food Forum, Jason Buechel said one of his goals as the next CEO of Whole Foods MarketWFM is “to reconnect to many parts of our heritage as a company.” Some...
Zara’s Move Suggests Free Returns May Become Rare
Zara in the UK has started charging a fee of £1.95 ($2.39) to return merchandise bought online. The fast-fashion retailer reportedly instituted the charge for environmental reasons. Zara deducts the r...
Crash Raises Doubts For Amazon’s $2 Billion Drone Program
It was not so long ago that package delivery drones, specifically ones from Amazon AMZN .com, seemed poised to take flight as soon as the right regulatory bodies signed off. At present, however, the c...
IKEA Sees Sustainable Plan In Secondhand Furniture
IKEA is making its Buy Back & Resell program permanent across its 37 U.S. stores following a pilot last summer. The service applies only to used IKEA furniture that is fully assembled and function...
Retailing Experts Split On Amazon Split
In February, billionaire activist investor Daniel Loeb, CEO of Third Point, shared with investors his belief that the market is failing to recognize the respective full value of Amazon AMZN .com’s e-c...