Consumer Trends: Page 161
-
California judge rules Overstock.com, Inc. misleads shoppers on price comparisons
Overstock warns the ruling overly dictates how retailers advertise and says it will appeal.
By Daphne Howland • Jan. 9, 2014 -
Family Dollar executive resigns following dismal sales figures
Michael Bloom has surrendered his executive leadership position with the off-price retail chain.
By Philip Nations • Jan. 9, 2014 -
Trendline
Digital innovation and technology trends in retail
Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.
By Retail Dive staff -
Loehmann’s liquidates $65 million in merchandise this week
The “Going out of Business” sale will take place on Thursday after gaining approval from a federal judge.
By Philip Nations • Jan. 9, 2014 -
Macy’s announces 2,500 job cuts, restructuring for 2014
Despite record holiday numbers, Macy's plans to lay off employees and close a handful of stores.
By Philip Nations • Jan. 9, 2014 -
Former Wal-Mart executive resigns to join Groupon
Groupon Goods is helping fuel the company’s expansion efforts into 2014.
By Philip Nations • Jan. 9, 2014 -
Amazon Prime hits 20 million members
The company’s roundabout confirmation of the data comes on the heels of its own announcement of a million new Prime members at Christmastime.
By Daphne Howland • Jan. 8, 2014 -
Nordstrom announces it will build two new Nordstrom Rack locations
The luxury store brand is continuing its U.S. brick-and-mortar expansion efforts into 2014.
By Philip Nations • Jan. 8, 2014 -
Urban Outfitters sparks familiar controversy over fashion merchandise
An apology was issued in 2010 after public outcry demanded a similarly offensive fashion item be removed.
By Philip Nations • Jan. 8, 2014 -
Uniqlo announces location sites for new-store expansion effort
Check out where the company plans to place new brick-and-mortar locations.
By Philip Nations • Jan. 8, 2014 -
Customers feel neglected as brands increase omnichannel interactions, global study shows
U.S. shoppers in particular expect to be rewarded for loyalty, and their expectations are rising.
By Daphne Howland • Jan. 7, 2014 -
Walmart recalls nearly 75k table sets over serious injury hazard
The big box retailer sold the exclusive item nationwide and through its online storefront.
By Philip Nations • Jan. 7, 2014 -
Coupons.com acquires Yub promotions and rewards service
The buyout will mean a wider audience for the the in-store payment service.
By Philip Nations • Jan. 7, 2014 -
Report: Bitcoin to receive competition from a new Kanye-themed currency
The new "cryptocurrency" is set for launch beginning Jan. 11.
By Philip Nations • Jan. 6, 2014 -
Jeff Bezos suffers medical emergency in Galapagos Islands
The Amazon.com founder is in good health after help from the Ecuadorian Navy.
By Philip Nations • Jan. 6, 2014 -
Michael Hill International names new board member
Rob Fyfe will join the specialty retailer following a 12-year stint with Air New Zealand.
By Philip Nations • Jan. 6, 2014 -
Men's Wearhouse launches hostile takeover bid for Jos. A. Bank
The move follows a Friday poison pill defense announcement at the takeover target.
By Philip Nations • Jan. 6, 2014 -
Staples launching major global re-branding campaign
Will an increase in merchandise offerings lead to more profits for the company?
By Philip Nations • Jan. 3, 2014 -
Amazon expands sales tax to 3 more states
The total number of states where Amazon must collect sales tax will reach 20 by 2016.
By Roger Riddell • Jan. 2, 2014 -
Coinbase releases mobile solution to help popularize bitcoin payments
The new mobile app service now offers U.S. retailers guaranteed daily payments on bitcoin transactions.
By Philip Nations • Dec. 31, 2013 -
HH Gregg begins hasty pursuit for new CFO
Former chief financial officer Jeremy Aguilar has resigned from the consumer electronics retailer.
By Philip Nations • Dec. 27, 2013 -
Last-minute e-commerce surge causes shipping delay for Christmas packages
A collection of mass retailers were affected by the guaranteed delivery failure.
By Philip Nations • Dec. 27, 2013 -
Is Duck Dynasty's retail fate in hot water—or still flying high?
The popular retail brand could face serious ramifications following a familiar PR debacle.
By Philip Nations • Dec. 23, 2013 -
Overstock to begin accepting bitcoin payments in 2014
The move would make Overstock.com the first big-name U.S. retailer to accept the currency.
By Brian Warmoth • Dec. 20, 2013 -
Frederick's of Hollywood goes private following lackluster sales
Current CEO Tom Lynch will remain in his current role following the buyout.
By Philip Nations • Dec. 20, 2013 -
IKEA announces worldwide loyalty program for retail employees
The new Tack! initiative set for 2014 will focus on contributions to employee pensions.
By Philip Nations • Dec. 20, 2013