by - March 12, 2022 9:45 am
American consumers continue to spend despite federal stimulus programs ending last year. According to the U.S. Census Bureau, retail sales in January were up 7.5% from a year ago. Holiday…
by - March 5, 2022 8:55 am
Walmart has made no secret of expanding financial services products to its shopper base. The retail giant has joined forces with several financial technology (fintech) startups with plans to create…
by - February 26, 2022 9:57 am
Brick-and-mortar stores are essential to consumers even as online sales continue to grow. Walmart, Dollar General and Dick’s Sporting Goods are doubling down this year on efforts to test new…
by - February 19, 2022 9:25 am
Packaging is an essential component of retail, whether it’s business-to-business (B2B) or business-to-consumer (B2C) oriented, according to Brett Kirkpatrick, director of trade business at The BoxMaker. He oversees a new…
by - February 12, 2022 9:19 am
With more retail sales gravitating online in the past two years, many retailers remain woefully behind the curve, according to a new report from Coleman Parkes Research on behalf of…
by - February 5, 2022 8:40 am
Retailers have struggled to keep store shelves stocked during the pandemic. In November, Fayetteville-based Field Agent looked at 203 U.S. big-box retail stores to gain insights into the depth of…
by - January 25, 2022 12:13 pm
Amazon’s plans to operate a delivery station warehouse in Lowell will likely mean faster delivery times for consumers ordering online. The online retail titan is locating the operation in an…
by - January 22, 2022 8:31 am
Research firm IRI expects food prices to rise an overall 5% in the first half of 2022, though the increases will depend on the grocer and location. In the December…
by - January 11, 2022 2:34 pm
Numerous retailers saw top C-suite turnover in 2021 as the COVID-19 pandemic raged and supply chain disruptions worsened. Former Sam’s Club CEO and chief operating officer at Starbucks, Roz Brewer,…
by - January 8, 2022 9:10 am
While the backlog of inventory is easing, supply chain executive Kevin Williamson predicts it will be the middle or even late 2022 before the flow of goods and order cancellations…
by - January 2, 2022 10:04 am
Remember when retail stores were considered a thing of the past? Not anymore, according to Coresight Research, who said: “for the first time in four years, U.S. retailers will open…
by - December 20, 2021 12:33 pm
Thrift stores and online resale marketplaces have been trending for several years. Still, as the 2021 holiday season approached and supply chain challenges persisted, more consumers were open to that…
by - December 18, 2021 10:00 am
A recent 38-page report by consulting firm McKinsey & Co. compiled with Retail Industry Leaders Alliance (RILA) outlined imperatives for rethinking retail. The researchers surveyed 30 retailers to gain insights…
by - December 4, 2021 8:40 am
According to retail analysts and consultants, the retail landscape is ripe for more partnerships among competitors, suppliers and service providers. Walmart is at the center of that trend. From expanding…
by - November 27, 2021 3:37 pm
The off-price retail sector has quickly recovered following the pandemic, which temporarily closed stores much of last year. Three major off-price retailers, Burlington, Ross Stores and TJ Maxx, which have…
by - November 20, 2021 8:39 am
Buy now, pay later financing is becoming a must-have for Walmart, Amazon, Target and a host of other retailers ahead of the holiday buying season. Walmart was the king of…
by - November 13, 2021 8:29 am
Fayetteville-based SupplyPike continues to provide technology for suppliers and manufacturers who do business with Walmart, allowing them to work out their invoice deduction disputes and other chargebacks in-house. Eric Smith,…
by - November 6, 2021 9:44 am
Organized retail crime remains a growing problem for retailers of all sizes. There are no signs of abatement, according to Tony Sheppard, a loss prevention specialist with software platform ThinkLP….
by - October 31, 2021 9:57 am
Arts and crafts specialty retailer Michaels Stores Inc. had lost its way by the time Ashley Buchanan took the reins as CEO in January 2020. His job to turn around…
by - October 23, 2021 9:19 am
Because they serve as fulfillment centers for online retail, stores have become essential as online sales continue to rise. A new report from McKinsey Group found that despite incredible innovation…
