With activist investor action looming, eBay has responded to a letter from Elliott International, a fund with an interest in the company, suggesting changes in operations and spinoffs of StubHub and the eBay classifieds group.
Wayfair has been known for its curation of products, organizing merchandise to simplify the shopping experience for consumers. The retailer has been gradually expanding its curation efforts, with the latest example being the launch of its Greyleigh collection.
According to eMarketer, Millennials are more social when it comes to media than they are in person, at least when it comes to shopping.
After a strong holiday season, Ollie’s Bargain Outlet is currently capitalizing on Toys “R” Us’ liquidation as the closeout retailer looks to expand, according to a recent media report.
According to a University of Michigan survey, consumer sentiment in the U.S. slipped during early January, with the decline primarily focused on prospects for the domestic economy.
Euromonitor International has released its list of Top 10 Global Consumer Trends for 2019 that touches on a host of hot topics including digital trends and environmental issues that are expected to impact how people shop for products in the year ahead.
Kroger’s chairman and CEO Rodney McMullen provided his outlook on the future of retail at the NRF 2019: Retail’s Big Show in New York City during a keynote presentation themed, “Restocking the future: Kroger’s insatiable appetite to play and win the long game.”
Third-party sales at Amazon are growing at a faster rate than first-party sales, according to the company, which in a new report outlined the number of small and medium-sized businesses that topped key sales milestones during 2018.
Sears Holdings officials acknowledged Edward Lampert’s winning bid for the company, subject to bankruptcy court approval.
Amazon Prime has exceeded the 100 million member mark, according to a report from Consumer Intelligence Research Partners (CIRP).