At its investor day yesterday, CVS Health announced that it plans to open more HealthHubs -- which are redesigned drugstores that include more health services and products -- in Houston, Atlanta, Philadelphia, Southern New Jersey and Tampa this year. By the end of 2021, CVS Health expects to have 1,500 HealthHubs.
While startups brands shift their marketing spend to physical catalogs to break out of crowded digital platforms, Ikea is taking its print catalog to Pinterest. With a shoppable catalog built into Pinterest boards, Ikea hopes to drive both awareness and conversions.
Loyalty program members are often a retailer’s most valuable customers. So to get the most value out of these customers, retailers are analyzing their purchase behaviors, including how responsive they are to certain email promotions and other marketing messages.
J.Crew and Gap are looking to spin off Madewell and Old Navy respectively, in an attempt to generate some short-term cash infusion and help their parent companies regain a sense of focus. But both of their recent earnings reports show that, even though these soon to be independent companies have been reporting solid growth for the past couple of years, they still have a tough road ahead.
As Walmart's sought to build out a technology operation to compete with Amazon, it's changed the way it thinks about the role of its tech executives. The company has gone from thinking of its e-commerce and tech teams as entirely separate divisions to giving its top tech leaders more responsibility over multiple parts of the company.
Lowe's and Home Depot are taking two different approaches as they seek to grow the small but lucrative B2B sides of their businesses, which are focused on selling to contractors.
Despite having a retail footprint that's still heavily concentrated in malls, Bath & Body Works continues to experience double-digit sales growth.
Urban Outfitters this week became the latest retailer to launch a clothing rental service.
Kohl's is building out a partnership and store strategy in a bid to attract younger shoppers.
As Google's advertising growth is slowing, it's getting more aggressive in courting retailers -- and is turning into a commerce platform to do so.
Eyeing the success Facebook and Instagram have had in raking in ad revenue from direct-to-consumer brands, YouTube is plotting its own approach.
The battle over who can offer e-commerce customers the most convenient shipping options is increasingly shaping up to be a showdown between Amazon and Walmart.
Unilever is looking at more than just direct-to-consumer brands as it seeks to diversify its health and wellness offerings.
As department stores add more services to lure shoppers, they are placing a premium on speed and convenience.
Target doesn’t share its first-party customer data without outside vendors, so it partners with tech startups through its accelerator programs.
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