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Category: World Retail news

5 Steps to Making Live Stream Videos That Further Your Retail Branding

Feb 20 2020 Victor Blasco Guest Contributor Live videos provide your retail brand an invaluable opportunity to display its human side and bond with customers, in a way that allows you to portray and promote your messages in ways no other medium quite matches. …

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Asda unveils far-reaching shift online – creating 4,500 jobs but putting 5,000 at risk

Asda has unveiled a huge shift online for the business, one week on from its change of ownership. The supermarket promises 4,500 new jobs as the supermarket moves to picks more online orders in-store. But the move puts 5,000 existing jobs at risk.   The retailer says it will move existing staff to new jobs …

Asda unveils far-reaching shift online – creating 4,500 jobs but putting 5,000 at riskRead More

Wayfair (W) reports Q4 2020 earnings beat, sales fall short

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair on Thursday reported quarterly sales that fell short of analysts’ expectations. Though the online furniture retailer gained more customers during the period, they bought smaller, less-expensive items, dragging down average order values. Shares initially tumbled more than 7% in premarket trading, as investors feared the pandemic …

Wayfair (W) reports Q4 2020 earnings beat, sales fall shortRead More

Order Management in Retail: The Essential Things You Need to Know 

That moment when a customer places an order on your ecommerce site is so exciting, but it’s also the beginning of a journey for the purchased products.  After purchase, you need to find, package, and send out the item. And as your retail business grows, it becomes increasingly more complex to manage your orders.  At …

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Global cosmetics company Morphe makes Welsh debut at St David’s

The St David’s Partnership, owners of St David’s in Cardiff, one of the UK’s premier retail and leisure destinations, has announced the regional debut for global cosmetics company Morphe. The 6,820 sq ft space, located next to international tech giant Apple, will be the brand’s first store in Wales. Morphe is the go-to beauty destination …

Global cosmetics company Morphe makes Welsh debut at St David’sRead More

US. retail sales in 2021 to rise 6.5% to 8.2% amid vaccine rollout, says NRF

Retail sales in the U.S. this year are expected to total more than $4.33 trillion as more individuals receive the COVID vaccine and the economy reopens.  That’s according to the National Retail Federation’s just-released annual forecast, which estimates that 2021 retail sales will grow between 6.5% to 8.2% over last, totaling between $4.33 trillion and …

US. retail sales in 2021 to rise 6.5% to 8.2% amid vaccine rollout, says NRFRead More

Big Interview: Tom Ironside, Business & Regulations Director, BRC

Tom Ironside. Tom Ironside leads the business and regulation team at the British Retail Consortium (BRC), covering a broad range of business cost and reputational issues including property, planning, regeneration, taxation, crime, employment, and diversity. At a time when the Covid-19 pandemic has led to many changes in the retail sector, Ironside said there was …

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Heinen’s Enhances Pricing by Adopting Competitive Intelligence Platform

Heinen’s, a grocery chain with stores in Ohio and Illinois, has partnered with Engage3 to expand its omnichannel visibility and analytics. The retailer will tap the Engage3 Competitive Intelligence Management (CIM) solution, with the goal of improving competitive pricing visibility and leveraging the platform’s machine learning-powered product linking capabilities to contextualize its competitors’ equivalent items. …

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Macy’s mostly sticks to ‘Polaris’ turnaround after brutal pandemic year

Dive Brief: Macy’s on Tuesday said that its fourth quarter results beat expectations thanks to what CEO Jeff Gennette told analysts was “solid holiday demand.” Net sales in the period fell 19% year over year to $6.8 billion, as comps fell 17%. Net income tumbled 53% to $160 million, but it was the first time in …

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