Category: Retail Types

June 2, 2020

Costco is hoping that by reviving key parts of its store experience, it can entice more shoppers to visit and boost sagging sales growth. The company shut down store sampling in March and cut ties with its main sampling vendor […]

June 2, 2020

Pinterest’s new Shop tab in its Lens visual search tool gives mobile marketers a way to showcase their products in Product Pins when consumers are most ready to buy. Eighty-three percent of Pinterest users have bought products based on brands […]

June 1, 2020

Achieving 2019 sales levels again could be some time coming for airport retailers. Two reports indicate that, despite a few airlines such as Ryanair, and Wizz Air tentatively rebuilding route networks, the road back from the Covid-19 crisis will be […]

June 1, 2020

Online marketplaces in the UK will soon be forced to collect Value Added Tax (VAT) on all sales made in the country by overseas sellers in a major crackdown on tax fraud. VAT fraud by international sellers on platforms like […]

May 29, 2020

Amazon says that it will offer permanent positions to around 70 per cent of the hundreds of thousands of workers it hired to meet demand during the pandemic. The online giant has hired around 175,000 new staff since the start […]

May 28, 2020

Instagram is set to introduce shoppable badges to Instagram Live videos amid a range of initiatives designed to further increase its ad revenue. The Facebook-owned app will now allow video creators to offer purchasable virtual badges to their live streams […]

May 27, 2020

As the country’s largest department store, Macy’s has both advantages and disadvantages. Advantages include decent liquidity. Fitch analysts noted that the company ended last year with $685 million of cash and is now replacing its $1.5 billion unsecured revolver with […]

May 27, 2020

The world’s largest retailer, Walmart, is making its first foray into the resale market. ‌Through an online‌ ‌partnership‌ ‌with resale platform thredUP, Walmart shoppers can now find around 750,000 pre-owned items at www.walmart.com/thredup. Walmart will dip its toes into the […]

May 26, 2020

Same-store sales jumped 12.3 percent at Lowe’s and 7.5 percent at Home Depot in their first-quarters as sheltering Americans found time to tackle household projects. Lowe’s CEO Marvin Ellison said on his company’s conference call last Wednesday that the retailer […]

May 26, 2020

Alibaba has smashed expectations during its fourth quarter seeing revenues and profits soar as lockdown forced shoppers online. The Chinese ecommerce giant “reported better than expected March quarter results”, after predicting at the end of the previous quarter that it […]