Tag: Retail

Can Macy’s Compete Against Poshmark, Instagram and Amazon with Shoppable Content and Social Selling?

Macy’s has entered the realm of social selling and shoppable content with Macy’s Style Crew, a new … [+] affiliate sales program for social media influencers and micro-influencers Sanford Stein, Macy’s Shoot. Share. Earn. This has become the new mantra of a whole cadre of social media influencers and micro-influencers who are leveraging their networks […]

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Uber’s Biggest Business Is Officially No Longer Ride-Sharing

Uber Eats and related delivery business has officially become Uber’s biggest business, overtaking … [+] ride-sharing bookings in the second quarter. (Photo by Jonathan Raa/NurPhoto via Getty Images) NurPhoto via Getty Images With the coronavirus pandemic keeping people at home and dampening demand for ride-sharing, Uber’s UBER mainstay business transporting people has just taken a back […]

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Sneaker Startup Lane Eight Disrupts The Fitness Footwear Game With Vegan Workout Shoe

DTC shoewear brand Lane Eight launches a competitive all-sustainable workout shoe Lane Eight Brothers Josh (L) and James (R) Shorrock co-founded Lane Eight, heralding from Adidas and Hypebeast … [+] backgrounds. Lane Eight The Shorrock brothers are your classic definition of the ‘third culture kid’. The British-Korean mix duo has lived all across the globe […]

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Kroger And Albertson’s Should Merge Now To Compete With Walmart And Amazon In Online Grocery

Kroger grocery store (AP Photo/Rogelio V. Solis) ASSOCIATED PRESS Disclosure: I am an investor in Albertson’s. Nothing less than an upheaval has been happening in the grocery business since the Coronavirus pandemic shutdown began. Whereas prior to the shutdown, online purchases of groceries for in-store pickup and home delivery was about 4% of the market, […]

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Kroger And Albertson’s Should Merge Now To Compete With Walmart And Amazon In Online Grocery

Kroger grocery store (AP Photo/Rogelio V. Solis) ASSOCIATED PRESS Disclosure: I am an investor in Albertson’s. Nothing less than an upheaval has been happening in the grocery business since the Coronavirus pandemic shutdown began. Whereas prior to the shutdown, online purchases of groceries for in-store pickup and home delivery was about 4% of the market, […]

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7-Eleven Owner Agrees To Buy Gas Station Chain Speedway For $21 Billion

TOPLINE Japanese retail major Seven & i Holdings—which owns convenience store chain 7-Eleven—has agreed to buy the Speedway chain of gas stations from Marathon Petroleum (MPC) for $21 billion, in a move that will expand the company’s footprint in the U.S. Ryuichi Isaka, of Seven & i Holdings Co., called the deal an “historic first […]

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Lord & Taylor Surprises Sunday Shoppers With “Store Closing” Signs At Many Locations, Files For Bankruptcy

The Boston Lord & Taylor store placed Store Closing Sale signs in its windows on Sunday morning, … [+] August 2, 2020. The store opened on February 27, 1968. Michael Lisicky/JDB UPDATE: Lord & Taylor filed for Chapter 11 bankruptcy protection in United States Bankruptcy Court for the Eastern District in Richmond, Virginia on Sunday […]

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How To Clean Your N95 Mask Or Face Covering With Covid-19 Coronavirus

Wearing a face covering can reduce the risk of you transmitting the Covid-19 coronavirus to others. … [+] But you’ve got to keep it clean. (Photo by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Keep it clean folks. If something is going to touch your face, whether its a face mask […]

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Can America’s Big Cotton Industry Go Green?

An American cotton farmer in Sylvania, Georgia. (Photo by Liu Jie/Xinhua via Getty) (Xinhua/Liu Jie … [+] via Getty Images) Xinhua News Agency/Getty Images Cotton is the world’s most popular natural fiber. And while it can be grown ultra-sustainably using sunshine, rain, and a farmer’s green thumb, nowadays cotton is more industrial than natural. Most […]

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Film To Pharma: Kodak’s New Moment And Other Game-Changing Corporate Pivots

The venerable photography company is shifting to drug manufacturing in an effort to fight the pandemic. From Samsung and Slack to Taco Bell and Toyota, here are some of the most dramatic business reinventions. This week, Eastman Kodak announced that it would radically refocus its business strategy. After more than a century of making cameras, […]

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Why Amazon, Faced With Growing Competition, Remains In A League Of Its Own

Amazon shares jump to a record high Thursday evening after it reports better-than-expected second … [+] quarter profit and sales. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Amazon, despite having to spend $4 billion-plus in coronavirus-related spending, reported much-better-than-expected second-quarter profit and sales, thanks to its ever-growing number […]

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Xcel’s D’Loren Sees $1B Potential For Newly Digitized Longabeger

Xcel has expanded Longaberger into product categories beyond baskets. Courtesy of Longaberger The Xcel Brands Inc. today is launching a new digitized business model for Longaberger, transforming the traditional multi-level platform of the artisanal and handcrafted home decor business it acquired in 2019, into a state-of-the-art, peer-to-peer social commerce community with expanded home and lifestyle […]

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Coronavirus Has Given eBay A New Shot At Being More Relevant. Can It Deliver?

Coronavirus has given Ebay a rare growth bright spot with increased online shopping. (Photo … [+] Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Coronavirus has spelled the bankruptcies and even the end for many struggling companies, but it’s given a new window of opportunity for eBay in its continued […]

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Advertima raises $17 million for AI that tracks in-store shopping behaviors

Advertima, a startup leveraging AI to customize in-store experiences, today closed a €15 million ($17.3 million) funding round. CEO Iman Nahvi says the company will put the new funds plus €10 million ($11.5 million) of its own capital toward refining its tracking platform. Before the pandemic, AI appeared poised to transform — and indeed was […]

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Walmart Customers Wearing Nazi Face Masks? America’s Next Fight Over Face Coverings

A viral video of customers shopping at Walmart while wearing face masks with Nazi swastikas sparked outrage this weekend, resulting in the shoppers being banned from the national chain for a year. Just as troubling, however, is what the incident may foreshadow about America’s next battle over face masks. The incident occurred Sunday afternoon when the […]

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“I Want To See My Sauces On The Shelves In Waitrose As Soon As Possible” 12 Year Old Entrepreneur Has Big Ambitions

12 year old entrepreneur, Avaiyia Cottle with her Nutty Butter Vegan Sauce which she hopes to see … [+] stocked in Waitrose Renee Cottle, LoveStorm Cakes, Leeds, UK Avaiyia Rae Cottle, the 12-year-old entrepreneur with 2 brands under her belt, is part of a family of businesswomen that have fought against the odds Avaiyia lives […]

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