Many retailers are working to find new ways to cut down on waste and run more efficiently -- and some are betting more advanced technology will help along the way. Urban Outfitters' Nuuly, for example, is now using Google Cloud to help its sustainability tracking.
King David Tacos began as a Brooklyn-based taco cart and has expanded to dozens of locations, and has big expansion ambitions beyond New York City. According to founder and CEO Liz Solomon Dwyer, this is thanks to its persistent branding and ability to grow a rapt customer base.
Kohl’s just announced that it had ultimately decided not to go through with a sale to Franchise Group, which it had entered into exclusive negotiations with three weeks prior. And, that it had concluded its strategic review process. Here's a timeline of the saga.
Dick’s Sporting Goods, Patagonia, Levi’s and Starbucks are among the major retailers who have put out announcements since Friday in response to the Supreme Court overturning Roe v. Wade. Many of them stressed that they will support employees should they seek abortion care, and reimburse employees for expenses should they have to travel out of state for an abortion. However, what’s not immediately clear from some of these announcements is how many employees will be covered.
With Roe being tossed, employers will now want to revisit their policies on travel and reimbursement for abortions, family planning consultations and healthcare coverage, warn lawyers.
The dedicated Yitty shop takes up 350 square feet of space in the Murray location and features a curated assortment of Yitty shapewear products, including some of the most popular items. Fabletics said it plans to open a Yitty shop-in-shop in three other locations this year.
Liquidators often buy excess and returned merchandise from retail giants, which they then sell to resellers and regular consumers typically at a much lower price. As retailers’ warehouses pile up with goods that are no longer seeing high demand, tapping liquidators is one of the methods retailers use to make room for other items.
A recent U.S. Supreme Court ruling about a California labor law is being hailed as a victory for companies when it comes to potential legal action from employees. Over the years, PAGA settlements have cost some retailers millions of dollars in California. But there's still questions on how and when they could be on the hook for certain types of claims.
Pickleball has seen an 11.5% average annual growth rate in the past five years with the number of players growing to 4.8 million U.S. players in 2021, according to data from the Sports & Fitness Industry Association, prompting many to call it the fastest-growing sport. The sport’s momentum did not go unnoticed among brands as they sponsor athletes and launch pickleball products.
Packaged goods giants continue to grow their health and wellness offerings with the help of acquisitions. The latest buyout by Mondelez, $2.9 billion for Clif Bar, signals strong M&A activity in the food and beverage industry.
Maude has been growing its presence and business over the years. According to founder and CEO Éva Goicochea, things are only getting started.
In the slides, Modern Retail presents an overview of how five consumer-product categories are using social commerce across four leading social media platforms – Facebook, Instagram, Pinterest and TikTok.
The furniture and houseware industry saw record-breaking sales in early 2022. But that high could come down due to a variety of factors. In turn, retailers are shifting their focus away from work-from-home staples like desks and chairs, and toward accessories.
Retailers recently warned that they had too much inventory as a result of shifting consumer demand and supply chain issues, which had a significant impact on their bottom lines. In a bid to reduce their inventory levels, some have resorted to discounting, while others have completely cut down their assortment.
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