Klarna moves into social commerce spaceA global retail bank, payments and shopping service is acquiring a social shopping technology provider. Visa: Spending momentum continues but uneven across U.S.; strongest in WestConsumer spending remained solid in June, with a majority of consumers spending more than they one year ago. Costco sales strong in June; drops senior hours Costco Wholesale Corp.’s winning streak continued in June, with the retailer reporting a 16.9% increase in sales and strong e-commerce growth. Deloitte: Back-to-school spending will be at highest level in years The retail industry is set for its biggest back-to-school shopping season in recent years as parents and students look forward to returning to classrooms after more than a year of virtual learning. Mastercard: Retail sales in June up 11% year-over-year and 10.4% over 2019 U.S. retail sales continue to heat up, with June marking the ninth consecutive month of total retail sales growth. CGP forecasts ‘phenomenal’ increase in back-to-school sales Retailers can expect “warp-speed” growth in back-to-school sales this year. Glossier in new funding round, targets online and physical store growth Glossier Inc. is doubling down on its direct-to-consumer model as it prepares to reenter — and expand in — brick-and-mortar retail. Authentic Brands, co-owner of Brooks Brothers, Forever 21 and others, to go public Authentic Brands Group, which has amassed an extensive retail portfolio by acquiring struggling brands, has filed for an initial public offering. John Lewis to build rental homes — some fully furnished with retailer’s goods John Lewis is tapping into its property portfolio to expand in the housing market. BigCommerce extends European presence A leading U.S.-based e-commerce platform is growing from the U.K. into continental Europe. First Previous 263 264 265 266 267 Next Last
