REI

Mid-Market Retailers Innovate to Survive in a Tight Economy
Mid-Market Retailers Innovate to Survive in a Tight Economy
July 02, 2024  |  Retail

As ongoing financial pressures make it harder for mid-market retailers to compete, without the scale of industry giants or the close customer connections of mom-and-pop...

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Consumer Group Aims to Close Quarter-Billion ‘Gift Card Loophole’
Consumer Group Aims to Close Quarter-Billion ‘Gift Card Loophole’
January 09, 2024  |  Retail

A consumer group is campaigning to change Washington state’s 20-year-old gift card law. As noted in a recent Ars Technica report, the Washington Consumer Protection Coalition (WCPC)...

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Is Sustainability Truly Sustainable for Retailers? 
Is Sustainability Truly Sustainable for Retailers? 
October 04, 2023  |  Retail

Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific...

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Is Resale Losing Its Appeal as Consumers Cut Back on Spending? 
Is Resale Losing Its Appeal as Consumers Cut Back on Spending? 
July 11, 2023  |  Retail

Despite being in operation for 12 years, The RealReal has yet to achieve profitability. However, other brands and retailers have observed the popularity of resale...

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Plaid Launches Tool for Cash Flow Underwriting
Plaid Launches Tool for Cash Flow Underwriting
June 15, 2023  |  Loans

To make it easier for lenders to access real-time cash flow data, the FinTech Plaid has introduced a new hosted experience for its flagship product...

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Retail Crime Epidemic Sparks Store Closures Including Target, REI and Walmart
Retail Crime Epidemic Sparks Store Closures Including Target, REI and Walmart
May 18, 2023  |  Retail

Target has reported a disturbing surge in retail crime, which is anticipated to cause an estimated $500 million more in losses and stolen merchandise this...

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Today in Retail: Bed Bath & Beyond Kills Momentum With Disappointing Earnings; REI to Expand Trade-In, Used Gear Initiative
Today in Retail: Bed Bath & Beyond Kills Momentum With Disappointing Earnings; REI to Expand...
April 13, 2022  |  Retail

Today in retail, Bed Bath & Beyond reports a loss in earnings, while REI plans to expand its trade-in program. Plus, Etsy feels immediate backlash...

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REI to Bring Trade-Ins, Used Outdoor Gear Marketplace to All Stores by Midyear
REI to Bring Trade-Ins, Used Outdoor Gear Marketplace to All Stores by Midyear
April 13, 2022  |  Retail

REI Co-op announced during its 2021 earnings report Tuesday (April 12) that it is expanding its Re/Supply trade-in program and used outdoor gear marketplace to...

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Retailers Use Digital Blueprints to Reinvent the Physical Store Experience
Retailers Use Digital Blueprints to Reinvent the Physical Store Experience
January 31, 2022  |  Retail

Not long ago — call it two years — eCommerce and digital were being used primarily to inform consumers’ in-store journeys, but that has flipped....

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