According to Coresight Research, 8.1% of consumers who plan to spend money on back-to-school this year will spend much more and 20.5% will spend slightly more compared to the buying season in 2019.
As coronavirus continues to create shopping concerns, Kmart is partnering with ScriptDrop to introduce a service that provides prompt home delivery of prescriptions within a 10-mile radius of its pharmacy operations, Monday through Friday.
At a time when many major retailers are expanding wellness products and services, Amazon has developed a pilot program with Crossover Health, a provider of primary care services, to establish local, convenient health centers near Amazon fulfillment centers and operations facilities across the country.
At the result of an auction that was part of the company’s bankruptcy liquidation process, Pier 1 Imports announced in a United States Securities and Exchange Commission filing that Retail Ecommerce Ventures had won its intellectual property for $31 million.
Imports at major U.S. retail container ports are expected to remain significantly below last year’s levels into this fall as the impact of the COVID-19 pandemic continues, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Bed Bath & Beyond has appointed Neil Lick svp/owned brands and leader of a newly formed team that will develop and launch a portfolio of customer-inspired owned brands from 2021.
The application process for Walmart’s seventh annual Open Call is open, and the company invites entrepreneurs dreaming of landing their U.S.-manufactured products on Walmart shelves to apply for the opportunity to meet with Walmart buyers on October 1, 2020, via virtual pitch meetings.
The Retail Robustness Index is a Coresight Research effort to determine which retailers are best able to cope with the coronavirus crisis and Costco now ranking second might not surprise anyone.