Shein has struck a deal with Sparc Group Holding, a collaboration between JCPenney owner Simon Property and the Authentic Brands Group, in which it will acquire a one-third interest in Sparc, which itself takes a minority interest in Shein. Sparc includes a number of...
In its ongoing efforts to refine and detail its Amazon Prime Day research results, Numerator tracked purchase data and surveyed verified buyers to determine that 2023 Prime Day outpaced past years in household penetration, at 36%, orders per household, at 3.1, spend...
In celebration of its 50th anniversary, Rent-A-Center has launched a 50-day campaign aimed to engage and energize coworkers, celebrate customers and invite consumers who haven’t done so to experience the rent-to-own industry. The company announced that the...
In a multifaceted agreement, Keurig Dr Pepper Inc. and coffee roaster La Colombe have announced a strategic partnership, including a long-term sales and distribution arrangement covering the La Colombe ready-to-drink coffee line, as well as a long-term licensing,...
Amazon announced the first day of Prime Day, July 11, was the single largest sales day in its history, while market researcher Numerator made some germane observations about the event in general including the strong showing of merchandise for the home. For the 2023...