Category: News & Trends

July 25, 2024

CEO Chris Cocks said during a Thursday earnings call that Hasbro’s performance on consumer products landed within expectations and that the company is becoming more profitable and improving operations. The earnings came as rival Mattel reported on Tuesday that its […]

July 18, 2024

Adidas’ underlying business is showing signs of improvement as the company works through the last of its Yeezy inventory. Excluding Yeezy sales from this year and last, for example, currency-neutral sales were up by an even greater 16% in Q2. […]

July 11, 2024

While national brands had four times the amount of total sales ($472 billion) of store brands ($121 billion) for the first half of the year, the Circana data indicates that private brands have roaring popularity. Store brands’ growth in units […]

July 10, 2024

This past April, CJ 4DPLEX and D’Place Entertainment announced a partnership to open D’Place’s first-ever ScreenX theater at the Mary Pickford Theatre in Cathedral City, California, in May. ScreenX, a 270-degree panoramic cinema format, extends two additional movie screens onto […]

July 9, 2024

Like many industries, retail is currently experiencing a talent shortage. How severe is that shortage? While vacancies for the U.S. job market overall are down 5.6% in the last 12 months, retail vacancies are up 11.6% through April 2024. And, […]

July 3, 2024

As Americans celebrate Independence Day, retailers nationwide are experiencing one of the summer’s key shopping events. The Fourth of July offers a unique blend of patriotic fervor, tradition, and seasonal activities that influence consumer behavior. According to the National Retail […]

July 3, 2024

Other than recycling, there are many advocates supporting the notion that buying secondhand books is a sustainable choice that reduces the environmental impact by skipping the resource-intensive production process of new books. It helps cut down on carbon emissions, minimizes […]

July 2, 2024

Parents in almost every income bracket plan to spend more during the back-to-school season compared to last year, with wealthier households (earning over $150,000) increasing their budgets the most. Additionally, despite inflation concerns, parents earning over $50,000 will not cut […]

July 1, 2024

The calendar may say summer but retailers are already kicking off planning for the make-or-break holiday shopping season. For a brand, getting noticed in this noisy time is hard enough, but driving people to purchase is the ultimate challenge. When […]

July 1, 2024

Both DTC brands and traditional retailers have seen better days. Unsurprisingly, major retailers always have struggled to keep up with how, where and when Gen Z and young millennials buy things. But more recently, DTC brands are facing a similar […]

June 24, 2024

Under Armour will pay $434 million to members of a class action lawsuit who bought the company’s stock between Sept. 16, 2015 and Nov. 1, 2019. The lawsuit, filed in 2017, alleged that Founder and then-CEO Kevin Plank knowingly or […]

June 12, 2024

Retailers and malls are reckoning with the harsh reality that they have become what the Federal Bureau of Investigaton and U.S. Department of Homeland Security call “soft targets” for mass shootings, which bring death and devastation to the communities where […]

June 12, 2024

“Less is more” appears to be the new mantra for retailers and QSRs when it comes to square footage for their stores and restaurants. A report from commercial real estate company JLL revealed that in Q1 2024, more than two-thirds […]

June 10, 2024

Function of Beauty, founded in 2015 by Hien Nguyen Kaplan, Joshua Maciejewski and Zahir Dossa, has been expanding from its DTC website to other retail outlets the past couple of years. It launched hair styling products exclusively at Target in […]

June 5, 2024

A new university study finds that explicitly providing consumers with information on the environmental and social impact of home deliveries can help U.S. omnichannel retailers capture sizeable market share from Amazon while expanding margins. Is there enough evidence that online […]

May 29, 2024

The plaintiffs in this case — including the National Retail Federation, the American Hotel and Lodging Association, the Associated Builders and Contractors, the National Association of Convenience Stores, the National Association of Home Builders, the Plano Chamber of Commerce and […]

May 20, 2024

Walmart has opened the fourth of five next-generation fulfillment centers in Greencastle, Pa., 10 miles north of Hagerstown, Md. The 1.5 million-square-foot facility, which will employ more than 1,000 associates, is designed to expand access to next-day or two-day shipping […]

May 14, 2024

In the first quarter, Purple Innovation expanded its wholesale floor slots and focused on its more premium product assortment to stay competitive in a tough sector. “The collaborative partnerships we formed with our retail partners focused on expanding our premium […]

May 6, 2024

In a pharmacy in Seattle, when the temperature in its drug storage refrigerator falls below protocols, an automated alert warns the store manager before temperature-critical medicines spoil. In a clothing store in Phoenix, the AC automatically adjusts to keep customers […]

April 25, 2024

Retail media networks (RMNs) are rapidly becoming one of the most lucrative digital ad formats, with predictions suggesting that by 2028, RMNs will contribute to 15.4% of all ad revenue, outpacing television advertising. How can retailers capitalize on this shift […]