News

Teaneck, N.J. – Online shopping is here to stay and increasingly occurring across a variety of channels.

According to the sixth annual Shopping Experience Study of more than 5,000 consumers by Cognizant, 64% of respondents said they buy online at least once a month, and 13% make weekly purchases.

Hoffman Estates, Ill. – Kmart is making getting an advance jump on holiday purchases a little easier this year.

Company executives told Reuters the retailer started letting customers make no-down-payment layaway purchases for holiday items the week of Aug. 31.

Washington, D.C. – Retail imports appear to be climbing as the holidays approach.

Chicago – The introduction of Amazon Prime Day on July 15 created a new mid-summer e-commerce event that had a profound impact on back-to-school shopping.

According to a new study from Market Track, Prime Day and the resulting widespread competitive response created a brand new shopping event only two weeks before the peak back-to-school shopping period.

Foster City, Calif. – Financial services provider Visa Inc. is among the lead investors in a $30 million round of equity funding for a blockchain technology provider.

Ollie’s Bargain Outlet delivered strong sales growth in its first quarter as a public company and expects the second half of the year will see more of the same from its rapidly expanding store based and extreme value positioning.

Whole Foods Market is sharing the love with its consumers, across channels.

In the latest move in its battle against Costco, Sam's Club is going to start accepting the very form of payment that Costco rebuffed earlier this year.

Kroger on Thursday announced the appointment of four EVPs to lead key lines of business.  

Fast-fashion giant H&M is expanding its upscale store brand, Cos, in the United States.