AB InBev's Digital Growth: Revenue Gains and Future Potential
Anheuser-Busch InBev (AB InBev), one of the world’s largest beverage companies, recently reported modest revenue growth in its third quarter ending September 30. While the numbers indicate a positive trend, the company is aware of the need for continuous improvement…
Amit Kumar Steps Down as MD & CEO of OLX India: A Turning Point for the E-Commerce Giant
Amit Kumar, the Managing Director and CEO of OLX India, has announced his departure from the company, effective January 31, 2025. His resignation marks a significant transition for OLX India, a pivotal player in the online classifieds and e-commerce sector,…
Sprouts Farmers Market Confident in Long-Term Growth Potential
Sprouts Farmers Market has posted impressive results for the third quarter of 2024, exceeding its expectations with a 14% increase in sales compared to the same period last year. This growth included an 8.4% rise in comparable-store sales and a…
UK Brands Shift to Third-Party Sales Amid Cost Pressures
In a rapidly changing retail landscape, UK brands are adjusting their strategies to cope with economic pressures. A recent survey from Rithum highlights that a remarkable 57% of UK retailers and brands plan to enhance their third-party selling strategies within…
The Rise of Quick Delivery: What It Means for Retailers
In the current retail landscape, speed is no longer just an operational component; it is a key differentiator in consumer preference and brand loyalty. More than a quarter of the leading retailers in the Digital Commerce 360 Top 1000 are…
7-Eleven to Build 500 ‘Food-Forward’ Stores Between 2025 and 2027
7-Eleven, a leader in the convenience store industry, has set ambitious plans to build 500 new “Food-Forward” stores by 2027, according to a recent investor presentation from its parent company, Seven & i Holdings. This initiative comes as part of…
Holiday Spend Projected to Hit Record-Setting Mark
The upcoming holiday season is set to witness unprecedented consumer spending, with projections indicating an average expenditure of $902 per person. This remarkable figure, reported by the National Retail Federation (NRF), signifies a growth of approximately $25 compared to last…
The Hidden World of B2B Marketplaces: How Ghost is Reshaping Retail Trade
In an industry often characterized by public sales and outward-facing strategies, the need for discretion in the apparel sector has given rise to a unique solution: the Ghost marketplace. Founded by industry veterans Dee Murthy and Josh Kaplan, Ghost operates…
September Retail Sales Reveal Consumers Willing to Spend
The latest retail sales figures released by the U.S. Census Bureau indicate a resilience in consumer spending, despite the backdrop of economic uncertainty. In September 2024, retail sales grew by 0.4% from the previous month and rose 1.7% year-over-year. These…
Beyond, Inc. and Kirkland’s: A Strategic Partnership to Revitalize Bed Bath & Beyond
In a significant move to reignite the Bed Bath & Beyond brand, Beyond, Inc. has announced its collaboration with Kirkland’s, Inc., following a lucrative $40 million deal with The Container Store. This partnership, valued at $25 million, aims to reintroduce…