Category: News

June 2, 2023

Victoria’s Secret was prepared for a “challenging macro environment” as the company entered the year, according to CEO Martin Waters. While the retailer saw business grow internationally, particularly in China, sales in North America sales were “more promotional than planned,” […]

May 24, 2023

While TikTok has over 150 million US users, who are increasingly spending more of their time in the app, its popularity could also be clouding concerns around its potential for harm, which is the key focus of the ongoing discussions […]

May 19, 2023

Building on its plan to meet its customers on a variety of platforms, Grove Collaborative continues to add brick-and-mortar chain stores to its roster of retail accounts. The company offers over 150 eco-friendly brands of household cleaning, health and wellness, […]

May 10, 2023

With the opening keynote of Google I/O less than an hour away, news outlets are already leaking reports of the big announcements to come during the annual developer conference that begins today at 1 p.m. EST. Google’s Upcoming AI Updates […]

April 28, 2023

According to a March 2023 Statista report, the global artificial intelligence (AI) market is valued at $142.3 billion dollars. In recent years, the ecommerce industry has undergone a significant transformation, thanks to the rapid advancements in AI and machine learning […]

April 25, 2023

The metaverse is going full glam this summer with the first-ever Metaverse Beauty Week, a five-day festival rallying together a slew of beauty brands for in-person events and virtual activations across platforms Roblox, Decentraland and Spatial. The festival, founded by […]

April 21, 2023

Gass is slated to take the CEO spot in about a year, and appears to be building her team already. “With Kenny onboard, I have full confidence in our ability to continue earning our place at the center of culture […]

April 11, 2023

PayPal sent emails to users this week informing them of “capability and feature updates,” but the emails were customized depending on which services the recipients used. PayPal wrote, “We want to make you aware of recent changes that are relevant […]

April 3, 2023

Only 12% of respondents in ENGIE Impact’s Net Zero Report believe they are on track to meet or exceed their ambitious decarbonization goals. This shocking statistic is a sobering call to action, especially given the recent Synthesis Report by the […]

March 30, 2023

With Beauty Reinvention, Dollar General is trying to create a beauty destination. With Beauty Reinvention, Dollar General aims to create a one-stop beauty destination. “At DG, we are always listening to our customers, and in response we are investing in […]

March 30, 2023

With the release of more federally mandated information regarding layoffs and facilities closures, it’s clear that Walmart is downsizing a fulfillment network that not long ago was growing quickly. Last week the retail giant confirmed that it has “adjusted staffing […]

March 27, 2023

The private-label credit card company Tandym is adding online retail clients, including bike gear company Jenson USA and fashion retailer Unique Vintage, as it prepares to allow in-store programs later this year. Chicago-based Tandym, which has raised $10 million, lets […]

March 22, 2023

The Adobe Summit 2023 is well underway at The Venetian, and with more than 10,000 people in attendance — it’s a party. But everyone comes to the conference — and Vegas — for different reasons, other than having some fun. […]

March 21, 2023

With TikTok CEO Shou Zi Chew set to appear before US congress this week, in what many consider to be a pivotal appearance that could decide the fate of the app in the region, TikTok has today shared a new […]

March 14, 2023

With TikTok facing a potential ban in the US, the company is already working on contingency plans, which, in a worst-case scenario, may see parent company ByteDance sell off TikTok in order to maintain its operations and revenue potential. As […]

March 10, 2023

The report from the Purchase, New York-based card network company attributed the increase in restaurant, airline and lodging spending to continued consumer demand for travel and experiences leading into the spring break season. It also pointed to the Valentine’s Day […]

March 6, 2023

The e-commerce darlings that were meant to save retail may soon find themselves in bankruptcy court. Internet and direct marketing retailers had the highest median market signal one-year probability of default of any sector at 8.1%, according to S&P Global […]

March 6, 2023

Amazon’s decision to close several of its Go stores comes just weeks after it opened a location in Puyallup, Washington, that follows its larger suburban-focused format. The retailer also opened a number of locations last year in Southern California. As […]

February 24, 2023

With Amazon’s disruption of U.S. retail arguably ebbing, emerging e-commerce markets like India’s may be especially enticing. It may seem surprising that Amazon would join an effort that aims to even the playing field in India’s still developing e-commerce landscape, […]

February 15, 2023

Honestly, I don’t see how anybody could still have faith that Elon Musk has some grand plan for reviving Twitter, nor that he could possibly be the ‘singular solution’ to save the platform, as once proclaimed by former CEO Jack […]