Retail sales

South Korea Leads World in Per Capita Spending on Luxury
South Korea Leads World in Per Capita Spending on Luxury
January 13, 2023  |  Retail

South Korea reportedly leads the world in per capita spending on personal luxury items. The country’s citizens spend $325 per capita each year on these...

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Amazon and Walmart Take Different Paths to Same Small Businesses 
Amazon and Walmart Take Different Paths to Same Small Businesses 
January 13, 2023  |  Retail

Whether it’s Amazon’s Buy With Prime or Walmart Go Local, big retail is thinking small. As in, thinking about ways to get more small and...

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CPI Shows Main Street Small Business Price Hikes Successful, for Now
CPI Shows Main Street Small Business Price Hikes Successful, for Now
January 12, 2023  |  Economy

Inflation data — though a cooling down is evident — shows Main Street small businesses’ price hikes are sticking. At least for now. But the...

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Worldline and Lidio Streamline Access to $24B Turkish eCommerce Market
Worldline and Lidio Streamline Access to $24B Turkish eCommerce Market
January 12, 2023  |  Retail

Worldline and Lidio have partnered to help eCommerce merchants access Turkey at a time when local consumers are facing 80% inflation. Together, payments services company Worldline and...

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Molson Coors Bets on D2C with Online-only Mocktail Brand
Molson Coors Bets on D2C with Online-only Mocktail Brand
January 12, 2023  |  Retail

Molson Coors is stepping up its digital presence with the launch of D2C-only mocktails. The beverage giant, which owns a range of popular alcoholic brands, including...

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Building The House of LR&C Apparel Brand Takes More Than Celebrity Backing
Building The House of LR&C Apparel Brand Takes More Than Celebrity Backing
January 12, 2023  |  Retail

Experienced leadership is always valuable and having a few crises under your belt never hurts. That’s the message from Christine Day, CEO of fashion brand The House...

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To Compete With eCommerce, Physical Stores Need to Act More Like Online Retailers
To Compete With eCommerce, Physical Stores Need to Act More Like Online Retailers
January 12, 2023  |  Retail

For retailers facing stiff competition from online foes, innovation has become mandatory. Fresher standards for online shopping that emphasize efficiency, convenience and payment choice have...

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Millennial-Targeted BNPL May Help Digital Banks Retain Customers
Millennial-Targeted BNPL May Help Digital Banks Retain Customers
January 11, 2023  |  Digital-First Banking

Bank-backed BNPL may be a hook for digital-only institutions to lure millennials away from more traditional mainstays. Buy now, pay later (BNPL) plans from FinTechs...

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Curbside-Pickup-Only Grocer Opens in Oklahoma
Curbside-Pickup-Only Grocer Opens in Oklahoma
January 11, 2023  |  Retail

One of the first curbside-only grocery stores in the United States has opened its digital doors. On Tuesday (Jan. 10), JackBe, a retailer that describes itself...

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