Retailers Should Focus On The Last Mile, Says Justuno CEO

Brand growth expert Austin Brawner of Ecommerce Influence interviewed Justuno CEO Erik Christiansen about conversion optimization

National Retail Federation CEO: This Is A Great Time For Innovation

National Retail Federation CEO Matthew Shay says that the pandemic has made this a great time for innovation by retailers.

Walmart Ecommerce Business Is Humming

With Walmart’s e-commerce business humming the way it is and the way the company’s been able to integrate it with the store base, with curbside and everything else, this is a tough one.

Target CEO Says Digital Performance Up 50%

“Our digital performance was up 50 percent,” says Target CEO Brian Cornell. “As we gain greater clarity around the consumer, the economy, the state of the vaccine, we feel that the consumer continues to respond to our in-store experience and…

Kroger CEO: Customers That Engage Digitally Spend Twice As Much

Kroger CEO Rodney McMullen says that customers who engage digitally come in more often and spend twice as much on average as non-digital customers.

Alibaba Buys Top China Hypermarket In War With Walmart

Alibaba today announced it will invest $3.6 billion in Sun Art Retail Group, a huge hypermarket and supermarket operator in China. Sun Art is the largest retailer in China and competes head to head with Walmart.

Amazon Announces ‘Holiday Dash’ Prime Day Every Day

Amazon wants to emulate the success of Prime Day every day with ‘Holiday Dash,’ a new section on Amazon with daily deals that “equal Black Friday.”

Bed, Bath, & Beyond Doubling Down On Digital

Mark Tritton, CEO of Bed Bath & Beyond, discusses how the company is driving success by leveraging digital with frictionless brick and mortar stores.

Macy’s Thanksgiving Day Parade For TV Only, Says CEO

Jeff Gennette, Chairman and CEO of Macy’s, says that the iconic 2020 Macy’s Thanksgiving Day Parade will be happening over two days but without a live audience.

Target CEO: Digital Growth Is Industry Leading – Up 200%

Brian Cornell, CEO of Target, discusses their second quarter earnings report which saw the largest growth in the company’s history.

This Crisis Is Going To Change Retail, Says Caruso CEO

Many of them have to evolve and many of them have to change because the consumer is going to change. This crisis, I believe, is going to change consumer culture, their expectations, and what they want from retailers in a really significant way.

5 Ways Retailers Can Beat Amazon This Holiday Season

There’s no denying that when it comes to holiday shopping, Amazon is the company to beat. The past few years saw the retail giant’s sales figures going up, especially during the holidays, as thousands of consumers opt to shop online…

After Christmas Sales – Before Christmas?

When retailers start offering before Christmas sales before the actual holiday, you have to question – what is up? Retailers have Black Friday– the most insane shopping day of the entire year – and all of those weeks in between…

Retailers to Sell One-Third of Tablets This Year

Tablets are now the hottest growth commodity in the tech industry. A recent Gartner report even showed that tablet growth is largely helping to offset the decline of the PC industry and pushing continued IT growth in 2013. Now it…

Holiday Retail Sales to Hit $738 Billion

October has just begun, and for many retail outlets that means dragging out the holiday decorations. With the economy slowly rebounding over the past five years, experts are now expecting to see a marginal increase in sales this holiday shopping…

J.C. Penney: $850 Million Borrowed to Shore Up Inventory

J.C. Penney today announced that it has borrowed $850 million from a revolving credit fund of $1.85 billion. The company stated that the money will be used to ensure the company’s liquidity and replenish inventory levels. “Earlier this year, we…

Best Buy Adopts Online Price-Matching

Over the holiday season, Best Buy began offering its customers price-matching on products that can be found for lower prices at online retailers. The move was meant to curb incidences of “showrooming” – the term that refers to customers who…

HMV to Close 66 Stores, Lay Off Over 900 Employees

Last month, U.K. electronics retailer HMV entered administration. Employees and customers were left wondering whether the business would be shutting down. Today, Deloitte, the firm hired to oversee HMV’s administration, announced that 66 HMV stores will be closing throughout the…

Blockbuster Closing 300 More Stores in the U.S.

As media consumption shifts to streaming and downloaded products, retailers of physical entertainment media are being forced to change rapidly or die ignoble deaths. At the same time that Blockbuster U.K. has entered administration (bankruptcy) and announced 160 of its…

Blockbuster U.K. to Close 160 Stores, More Closings Possible

Last week Blockbuster U.K. announced that it would be entering administration and begin looking for a buyer for its 528 stores across the U.K. Today, the real process of closing up shop has started and store closings have been announced.…