The history of American fashion trends is bedecked with some strange entries. The summer of love in 1969 saw hippies storm Bethel, New York bedecked in bell-bottoms, shag fringed vests and beaded headbands. Shoulder pads first hit their stride in the 1980s, when designs like Armani, Anne Klein and Ralph...
Echo Look Will ‘No Longer Function’ Starting In July
After removing the camera from store shelves in December of last year, Amazon is sunsetting the Echo Look. Clients started to get messages yesterday noted that their units, as well as accompanying app, will “no longer function� starting in July of this year, as the functions of Echo Look move...
The Walmart Amazon Whole Paycheck Tracker: Retail Giants Eye Key Acquisitions And Expansions
Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world. Amazon made a big push into the automotive world, while Walmart doubled down on secondhand clothing sales. It was a busy week in the race...
How Disney Is Remaking The Magic Kingdom For Social Distancing
After officially shutting its doors in mid-March and furloughing staff, Disney World is planning its comeback. The park has officially scheduled a grand reopening for July. Disney officials plan a phased reopening that will see the Magic Kingdom and Animal Kingdom parks fire back up on July 11, followed by Epcot Center...
Nordstrom Plays The eCommerce Card
The digital shift has come to Nordstrom, and not a moment too soon. The department store chain earned a respectable first quarter as announced Thursday (May 28) through a mix of shrewd inventory management, financial reorganization and eCommerce strength. While pointing out that it ended calendar 2019 in solid condition,...
Ad Platform Gives SMBs A Shot At Media Revenue
Self-service retail tools have gained momentum over the last week, as SMBs look to make the digital shift a consistent part of their business. Facebook, Instagram and Shopify’s social selling tools have been met with a positive reception, and now the advertising platform Criteo is giving SMBs access to consumer...
JDE Peet’s Notches $2.6B In IPO
After it notched €2.25 billion ($2.6 billion) in one the largest initial public offerings (IPOs) in Europe as of 2018, JDE Peet’s stock surged over 12 percent in its inaugural trading day. The listing serves as one of the largest IPOs after the COVID-19 health crisis impacted international economies and...
Costco Same-Store Sales Rise 4.8 Pct Amid Pandemic
As shoppers stocked up on products in bulk amid the pandemic, Costco’s same-store sales increased 4.8 percent for the period concluding on May 10. The warehouse club’s online shopping sales, however, surged 64.5 percent compared to the same timeframe a year earlier, CNBC reported. Costco has almost 800 retail locations throughout...
JDE Peet’s Notches €2.25B In IPO
After it notched €2.25 billion in one the largest initial public offerings (IPOs) in Europe as of 2018, JDE Peet’s stock surged over 12 percent in its inaugural trading day. The listing serves as one of the largest IPOs after the COVID-19 health crisis impacted international economies and put a...
SMBs And Customers Wrestle With The COVID (But Not Covert) Surcharge
To help save at least some top line, to perhaps even help margins a bit — enter the COVID-19 surcharge. Businesses across a variety of verticals have, in isolated cases, started charging end users to help defray the costs of cleaning, disinfecting and other processes tied to battling the pandemic. In...