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.
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.
Amazon 4-star is an addition to the company’s brick-and-mortar store portfolio that promises to provide shoppers more ways to engage with the retailer and, critically, a new reason to do so.
Ahold Delhaize has appointed Farhan Siddiqi as chief digital officer and member of the executive committee, effective January 28.
Holiday season online gift card sales grew by more than 20% year over year, according to Stored Value Solutions.
American consumers were out shopping during the holidays with their wallets open as sales during the festive period saw their highest increase in six years.
Amazon is planning its first Mississippi fulfillment center, which will be located in Marshall County. The facility will create 850 full-time jobs. Employees at the fulfillment center will pick, pack and ship household consumer goods.
With retailing’s middle ground becoming more vulnerable between price-driven and luxury sectors, the stakes are higher for retailers to become more “remarkable,” said Steven Dennis, founder and president of retail strategist SageBerry Consulting. Dennis, in his keynote to open the third annual Home Improvement eRetailer Summit in Chicago, said the urgency of a remarkable makeover is underscored by the immediate challenge faced by many middle-market retailers— physical, digital or omnichannel.