Today’s Top Talk covers Cyber Monday sales reaching $10.8B, Walmart+ dropping its minimum delivery amount, REV bidding for Stein Mart, and Shopify Merchants bringing in $5.1B in sales this past weekend.
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TJX Has The Potential To Make HomeGoods Something Special In E-Commerce
TJX Cos. CEO Ernie Herrman did a pretty big about face last week when he announced that his company’s HomeGoods… Continue Reading
Sephora Will Open Mini Shops Inside 850 Kohl’s Stores By 2023, as Retailer Bets Big on Beauty
Sephora will open hundreds of beauty shops inside Kohl’s stores in coming years in a deal that rivals Target’s recent partnership with Ulta Beauty…. Continue Reading
Facebook Buys Kustomer for $1B to Expand into Customer Service Tools
Today Facebook made one of its biggest plays yet to build out the services it provides to businesses on its platform: It… Continue Reading
Hy-Vee Launches Expanded Membership Program
Hy-Vee said Tuesday that its new membership platform leverages some of its most popular services and products in order to… Continue Reading
HungryPanda Raises $70M to Provide Food Delivery to Overseas Chinese Customers
HungryPanda, a food delivery service catering to Chinese communities overseas, announced today that it has raised $70 million. The round was led… Continue Reading
Kohl’s to add 850 Sephora shops, Facebook acquires Kustomer for $1B, Hy-Vee launches expanded membership program, HungryPanda raises $70M
Today’s Top Talk covers Kohl’s plan to open 850 Sephora shops in its stores, Facebook acquires Kustomer for $1B, Hy-Vee launches an expanded membership program, and HungryPanda raising $70M in funding.
Sycamore Snaps up Ann Taylor, Other Remaining Ascena Brands for $540M
Ascena Retail Group has struck a deal to sell its Ann Taylor, Loft, Lane Bryant, and Lou & Grey brands to private… Continue Reading
Nordstrom Climbs as Quarterly Results Top Expectations Ahead of the Holidays
Nordstrom shares rose after the department-store chain reported better-than-expected results, giving investors renewed optimism as the company enters the crucial… Continue Reading
Best Buy Tests Limited SKUS on Store Floor to Make Space for Fulfillment
Store-centric fulfillment, once associated primarily with Target, is now a mainstay of retail earnings calls. Barry laid out a “hypothesis… Continue Reading
Online Customer Spend $14 Billion On Black Friday And Thanksgiving: By The Numbers
Thanksgiving and Black Friday preliminary online sales numbers have been posted by Adobe Analytics, which is tracking e-commerce transactions for 80 of… Continue Reading
Retail Mourns The Loss Of Zappos Icon Tony Hsieh
Tony Hsieh, who helped grow the online company Zappos into one of the largest retailers of shoes on the Internet,… Continue Reading
Sycamore Snaps up Ann Taylor, Other Remaining Ascena Brands for $540M
Retailers have long dominated Sycamore’s portfolio. The firm runs The Limited, department store Belk, Staples, Torrid, Talbots and Hot Topic, among others,… Continue Reading
Best Buy Tests Limited Skus on Store Floor to Make Space for Fulfillment
Store-centric fulfillment, once associated primarily with Target, is now a mainstay of retail earnings calls. Barry laid out a “hypothesis of… Continue Reading
CPG: ‘Big Six’ Retailers up 18.5% Combined, Pointing to Record Holiday Sales
Customer Growth Partners has updated its holiday forecast to a 5.8% year-over-year growth, to a record $749 billion. “After the… Continue Reading
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 