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Premium Retail 2021-03-03T20:28:35Z
Shopper at Walmart

Experts predict what's coming from Walmart's mysterious new fintech venture after it poached two high-profile execs from Goldman Sachs

Other retailers have experimented with fintech ventures, but Walmart's strategic move could mean it's committed to the emerging industry.
Premium Retail 2021-03-03T14:24:58Z
Adam Ahmad, CEO of Kea

How this AI chatbot startup landed a deal with Domino's to help the pizza chain simplify the most antiquated ordering method: the phone call

Kea's AI-powered chatbots have been tested by a number of big chains. But the company's expanded partnership with Domino's is a game changer.
Premium Retail 2021-03-04T13:45:14Z
instacart groceries car delivery

Instacart's valuation just doubled to $39 billion as it preps for IPO, but experts say competitors like DoorDash and large grocery chains are nipping at its heels

Instacart went in for a surprise round of funding as it prepares for IPO, but the money comes just as one new rival nips at its heels: DoorDash.
Retail 2021-03-05T23:00:00Z

THE GLOBAL E-COMMERCE LANDSCAPE: How the coronavirus pandemic is accelerating e-commerce maturation in India, Indonesia, Mexico, and Nigeria

This report examines the effects of the coronavirus pandemic on the development of the e-commerce markets in India, Indonesia, Mexico, and Nigeria.
Premium Retail 2021-03-05T21:46:11Z

Nestlé just bought Essentia, the high-end alkaline-water brand. It's the latest sign big money is flowing toward premium 'functional waters.'

Nestlé's purchase of Essentia comes as it reorients its water business toward high-end brands with benefits and sells off labels like Poland Spring.
Retail 2021-03-05T21:33:48Z

Why millennials love Gucci

Millennials are spending money on Gucci's flashiest styles. Along with the resurgence of the '90s, brand logos are back and millennials are loving it.
Reviews 2021-03-05T21:26:07Z

10 useful and innovative 'Shark Tank' cleaning products — from phone-sanitizing devices to reusable bamboo paper towels

These 10 creative cleaning products from "Shark Tank" will reduce the time, effort, and even the environmental impact of your household chores.
Retail 2021-03-05T19:02:00Z

MOBILE ORDER-AHEAD AND DELIVERY: How leading payments facilitators can help restaurants tap into industry demand and win volume

This report scopes the digital ordering opportunity and explains why it's ripe for payments providers if they work to seize the current momentum.
Premium Tech 2021-03-05T18:17:48Z

Inside Apple's ambitious next decade, where it could redefine consumer tech with a VR headset, foldable iPhone, and even an Apple Car

The first decade of Apple under CEO Tim Cook was all about wearables, digital services, and health. Here's what could be next.
Retail 2021-03-05T17:16:16Z

Saks Fifth Avenue's decision to split off its e-commerce business is 'completely at odds' with how people shop, according to a retail analyst

Retailers like Target and Walmart are moving in the opposite direction and further integrating their stores and online operations, the analyst said.
Retail 2021-03-05T16:53:04Z

eBay is removing listings for the Dr. Seuss books that the author's estate pulled due to their racist imagery

Dr. Seuss Enterprises announced it was pulling six books and eBay followed suit, working to remove listings of the specific books from its platform.
Retail 2021-03-05T16:17:29Z

Gap's CEO says people will emerge from pandemic isolation and start 'peacocking,' in what could be a boon for retailers

"We do think there's going to be this peacocking effect that happens, as people emerge from Covid," Gap's CEO told The Wall Street Journal.
Premium Retail 2021-03-05T14:27:24Z

How designer Melody Ehsani says she will empower female sneakerheads as Foot Locker's new creative director for women's business

The historically male-focused sneaker industry is being challenged by designers like Ehsani, who uses her products to advocate for female empowerment.
Premium Retail 2021-03-05T14:14:25Z

Mars's new head of pet care in North America explains his plan to take on DTC rivals like Ollie, Jinx, and The Farmer's Dog

Ikdeep Sing, the new North American head of Mars' $18 billion pet care division, lays how he's competing with DTC pet food brands like The Farmer's Dog and Ollie
Premium Retail 2021-03-05T14:00:00Z

Coca-Cola acquired BodyArmor after test driving the brand with a minority investment. Here are 8 others brands with small investments from companies like PepsiCo and Unilever that could be next.

Coca-Cola's BodyArmor buy and Mondelez's Hu started out years ago as minority stakes. Experts say a small initial investment can vet a target.
Retail 2021-03-05T13:30:00Z

Here's what consumers think about autonomous checkout, and what that means for Amazon

A survey highlighted consumer interest in retail tech, raising the question of whether it poses a threat to traditional brick-and-mortar retailers.
Premium Retail 2021-03-05T13:00:00Z

Heyday's CEO lays out how the buzzy skincare startup is using $20 million in Series B fundraising to bring its facial services to the masses

As part of a deal led by the private equity firm Level 5 Capital Partners, Heyday will soon launch a series of franchise stores around the country.
Retail 2021-03-04T22:31:52Z

Chipotle is launching a limited edition makeup line with a burrito-inspired eye shadow palette — here's what it looks like

The collection includes eye shadow palettes inspired by the menu and avocado makeup sponges.
Retail 2021-03-04T21:24:36Z

Costco members spent more on frozen foods and liquor last quarter, helping the retailer beat revenue estimates

Costco beat analysts' estimates for second-quarter revenue, as customers stuck at home spent more on frozen foods, liquor, and electronics.
Premium Retail 2021-03-04T19:04:44Z

How Bed Bath & Beyond's CEO is using his experience helming private label brands at Target to combat the chain's 'bloated' aisles

Insider spoke with Bed Bath & Beyond CEO Mark Tritton about the retailer's latest moves around owned brands.
Retail 2021-03-04T18:43:33Z

A raunchy new menswear ad has people speculating about the future of post-pandemic advertising

Ads with messages of "we're all in this together" became cliché last year. Suitsupply's ad could signal the beginning of post-vaccination themes.
Retail 2021-03-04T18:17:15Z

McDonald's, Kroger, Macy's and Target are among the companies that will still require masks even while states loosen COVID-19 restrictions

McDonald's, Kroger, Lidl, and others will still require customers wear masks, even as states like Texas and Mississippi loosen COVID-19 restrictions.
Premium Advertising 2021-03-04T18:08:12Z

Private equity firms are betting billions on the rise of e-commerce. Execs at Blackstone, Trilantic North America, and others explain their strategy.

E-commerce M&A from private equity has grown during the pandemic as investors eye big exits and lucrative recurring revenue models.
Retail 2021-03-04T17:02:37Z

Trader Joe's rehired the employee who was fired after asking for increased COVID-19 protections

Retail workers have had to enforce mask rules while risking their own safety in dangerous confrontations over the last year.
Premium Media 2021-03-04T16:40:31Z

Influencers are using text messages to drive sales with a new affiliate-marketing tool

Affiliate marketing platform MagicLinks released a feature that allows influencers to text fans shoppable links.
Retail 2021-03-04T16:28:42Z

Chipotle executive compensation will be based on meeting diversity and environmental targets

Ten percent of Chipotle's executives' annual incentives will be based on meeting environmental and social goals.
Premium Retail 2021-03-04T16:20:03Z

Ergatta's CEO reveals how the connected-fitness startup generated $2.5 million in monthly revenues within a year of launching, thanks in part to its manufacturing advantage

Ergatta conducted months of research before launching the product, and focused on what influences customers' decision-making processes.
Premium Healthcare 2021-03-04T16:12:13Z

Companies like CVS and Kroger are pushing deeper into healthcare with mixed results. Here's how they plan to upend the $3.8 trillion industry.

Retailers like Walmart changed their approaches to take on the healthcare industry after the pandemic hit. Here's an update on their plans.
Retail 2021-03-04T16:05:39Z

A digital artist known for his satirical work is breaking sales records, making over $10 million on 2 crypto-art pieces

One buyer flipped a Beeple crypto-art piece for $6.6 million — nearly 1,000 times its original purchase price.
Retail 2021-03-04T15:47:15Z

Disney plans to close at least 60 stores across North America in 2021

Disney plans to close 60 stores across North America by the end of 2021 to focus on e-commerce, the company announced Wednesday.
Retail 2021-03-04T15:29:15Z

Before WallStreetBets: How GameStop went from brick-and-mortar giant to gaming dinosaur

GameStop has been a key player in the video-game industry for over two decades, though the company is far removed from its shopping-mall heyday.
Premium Retail 2021-03-04T14:42:53Z

One in 5 orders on Instacart came from this one non-traditional grocery store in 2020, and it shows why the delivery service's path to profitability lies outside just delivering milk and eggs

One-fifth of Instacart orders were filled through Costco in 2020. Analysts say it shows how Instacart should go beyond grocery.
Retail 2021-03-04T14:08:33Z

Instacart's latest multi-million dollar cash injection will help it scale its business post-pandemic

Instacart will put its funding toward increasing corporate headcount and scaling its business, which may position it for post-pandemic growth.
Premium Tech 2021-03-04T13:47:39Z

Amazon names a new fashion boss as Christine Beauchamp moves to bigger role amid largest executive reshuffling in history

The shift is the latest in a series of high-profile executive changes at Amazon that has left at least 12 senior positions empty at the company.
Retail 2021-03-04T13:20:02Z

Kroger delivers fourth-quarter earnings beat, but expects 2021 sales to drop as the pandemic grocery boom tapers off

Kroger's digital sales more than doubled in 2020, but the chain forecast a bigger-than-expected slowdown for 2021.
Retail 2021-03-04T12:49:18Z

Dr. Seuss books are topping Amazon's bestseller charts, after his estate pulled 6 books over racist imagery and right-wingers fumed at 'cancel culture'

Books by Dr. Seuss occupied nine of the top 10 spots on Amazon's best-sellers list Thursday, and the prices of second-hand copies shot up online.
Retail 2021-03-04T11:08:38Z

Amazon opened its first physical store outside the US. The London store uses weight sensors to detect what customers pick up and bills their card automatically.

Amazon has opened its first UK Amazon Fresh store in London's Ealing borough. It will sell prepared meals, groceries, and Amazon devices.
Retail 2021-03-04T10:00:00Z

Insider Retail: New $2.9 billion fitness SPAC — Hoka One One's playbook — Beauty brand IPOs

Happy Thursday! Welcome to another edition of Insider Retail, our weekly roundup of our top deep dives.
Science 2021-03-03T23:13:14Z

A popular flea collar was linked to nearly 1,700 animal deaths, report says, but the EPA hasn't issued any warnings about it

Seresto flea and tick collars for cats and dogs have been linked to thousands of animal injuries and deaths since 2012, USA Today found.
Retail 2021-03-03T21:48:46Z

THEN AND NOW: How the McDonald's menu has changed through the years

From the controversial McRib and McPizza to the new crispy chicken sandwich, the McDonald's menu has changed greatly over the years.
Retail 2021-03-03T20:46:54Z

What to know about the business of sneaker bots: the controversial tech that helps resellers flip hundreds of hyped pairs of Jordans, Dunks, and Yeezys

Here's everything you need to know about the business of bots and their crucial role in buying sneakers.
Premium Retail 2021-03-03T20:21:51Z

Inside Myx and Beachbody's new $2.9 billion fitness SPAC created to take on the likes of Peloton and Tonal with a more holistic approach to health

Myx Fitness and Beachbody are taking their joint company public this spring via a SPAC to best capitalize on the virtual at-home fitness boom.
Premium Retail 2021-03-03T20:08:43Z

Restaurant chains like BJ's and Panera are turning to the booming 'subscription economy' with coffee, beer and meal deal memberships

Restaurants are taking a page from the Netflix playbook by offering coffee, beer, and meal subscriptions
Premium Advertising 2021-03-03T19:41:10Z

Big retailers like Walmart and CVS are trying to take on Amazon in e-commerce ads. Here's why their efforts may not work.

Some advertisers say that they want to be able to buy ads across multiple retailers and more data about what people buy.
Retail 2021-03-03T19:02:00Z

A small brand has accused Amazon of ripping off its bag design — and made a video to 'slap them right back'

Peak Designs made an ad devoted to accusing the Amazon Basics "everyday sling" of looking "suspiciously like" its bag of the same name.
Retail 2021-03-03T18:42:10Z

Walmart says it will invest $350 billion in US manufacturing over the next decade

Walmart says the investment will create 750,000 jobs and support small businesses, diverse suppliers, and sellers based in the US.
Retail 2021-03-03T17:34:00Z

THE ONLINE GROCERY REPORT: The coronavirus pandemic is thrusting online grocery into the spotlight in the US — here are the players that will emerge at the top of the market

This report looks at the state of online grocery adoption before the shopping method became vital to many consumers amid the pandemic.
Retail 2021-03-03T17:25:54Z

McDonald's workers in Denmark are paid $22 per hour so $15 is a 'compromise', AOC says

McDonald's is one of many major retailers that has stopped publicly fighting against a federal $15 minimum.
Premium Premium 2021-03-03T17:00:00Z

[SLIDE DECK] Six Figure Side Hustles 2020

Whether you're doing it to pay off student loans or pursue an unfulfilled passion, you may be able to turn your side hustle into a high-paying career.
Retail 2021-03-03T16:23:27Z

Fast-food workers in LA face unmasked customers and unsafe workplaces, and are punished for speaking up about COVID-19, a damning new report says

Some fast-food restaurants in Los Angeles County failed to follow COVID-19 protocols and kept infections a secret, according to a new report.
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