by Mike Duff | May 13, 2022 | Retail Articles
Newegg and Klarna are among the companies that are developing and refining new, tech-enhanced approaches to shopping, and getting recognized for innovation, taking advantage of the online universe to entice shoppers afresh. Online retailer Newegg launched its live...
by Mike Duff | May 9, 2022 | Retail Articles
In the first quarter, Rent-A-Center worked through a changing marketplace as the COVID-19 pandemic wanes and managed to beat Wall Street estimates even if earnings stumbled. Net loss was $4.2 million, or eight cents per diluted share, versus net earnings of $42.6...
by Mike Duff | Apr 13, 2022 | Retail Articles
Buy now pay later provider Affirm and second-hand specialist Poshmark have extended and expanded their partnership in a two-year deal to deliver increased payment flexibility to shoppers, the companies have announced. With younger shoppers interested in reused goods...
by Peter Giannetti | Mar 9, 2022 | Featured News, Retail Articles
“The business model is changing: I think that’s the headline,” Doug McMillion, Walmart CEO, said during the company’s fourth-quarter conference call. Walmart is shifting its resources to create and expand new revenue streams while making itself more competitive in a...
by Mike Duff | Jan 13, 2022 | Retail Articles
According to the Salesforce 2021 Holiday Shopping Report, consumers spent $1.14 trillion online globally and $257 billion in the United States in 2021, compared to $1.1 trillion and $236 billion respectively in 2020, according to Salesforce. In its report, Salesforce...
