Ahead of the holiday season, shoppers have more options to return unwanted items bought online as retailers look for new ways to drive traffic. Plenty of retailers like Target and Walmart allow shoppers to easily drop off online returns at their stores. But now, a growing number of retailers are accepting rivals’ returns.
The biggest mall owner in the U.S., Simon Property Group, is teaming with online shopping site Rue La La’s parent company to launch a new kind of website for people looking for deals. The real estate company announced Wednesday it’s partnering with Rue Gilt Groupe, which is backed by Michael Rubin, CEO of Fanatics’ parent […]
A Forever 21 bankruptcy was not on U.S. mall owners’ wish lists ahead of this holiday season. The teen apparel retailer on Sunday night announced it was filing for Chapter 11 bankruptcy, planning to close nearly 200 locations in the U.S. Forever 21 has 815 stores globally, and expects to exit most of its locations […]
Walmart said Tuesday that it has added seven bachelor’s degrees and two career diplomas in health care fields to its education benefits. Last year, Walmart created a program that would allow its employees to earn a college degree without taking on student debt. It started out with business and supply chain management curriculums. Walmart pays […]
It may only be September, but the December holiday shopping rush is just around the corner. Around 50% of consumers have already started looking for items on their friends’ and family’s wish lists, according to a new online survey from The Harris Poll and OpenX, an ad exchange network, that polled 2,000 shoppers in August.
The holiday season is expected to be a good one tis year as retail sales are likely to increase between 4.5 and 5% in 2019, according to Deloitte’s annual holiday retail forecast. Retail sales between November 2018 and January 2019 (seasonally adjusted and excluding automotive and gasoline) grew 3.1%.
Generation Z is more concerned with its mental and physical health than millennials or Generation X, a heightened anxiety that influences the way young adults shop, per a survey by consulting firm A.T. Kearney that was shared with sister publication Marketing Dive. A key takeaway from the findings is that brick-and-mortar retailers have an opportunity […]
Delivery and fulfillment are top priorities for retailers, both big boxers and small merchants alike. Whether it’s speeding up delivery, cutting costs, utilizing stores for fulfillment or taking last-mile efforts in-house, the investments in this area are clear.
American Eagle Outfitters Inc. plans to launch a beauty business before the upcoming holiday season, citing a big opportunity lying ahead for the company in this sector. The apparel retailer’s decision was announced by CEO Jay Schottenstein on Wednesday during an earnings call with analysts.
Walmart said Thursday it will be expanding a new “unlimited” grocery delivery service, which costs users $98 annually, to 1,400 stores this fall. The biggest retailer in the world had earlier this year been testing what it calls Delivery Unlimited in four markets — Houston, Miami, Salt Lake City and Tampa.
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