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Premium Retail 2020-11-23T20:41:37Z

Equinox salaries revealed: Here's how much engineers, analysts, product managers, and more make at the luxury fitness company

Equinox is continuing its evolution from luxury gym chain to full-fledged lifestyle brand, growing its business and staff as it moves into new areas.
Premium Retail 2020-11-24T14:44:02Z
snkrs app got em memes 4x3

How Nike unwittingly turned 'Got 'Em' into a symbol of hope and glory in the increasingly competitive sneaker world

Even beyond sneaker culture, "Got 'Em" has come to represent hope, victory, and success against all the odds.
Premium Retail 2020-11-24T16:23:00Z
Engagement ring

Signet CEO Gina Drosos says the jewelry industry has been 'quite behind in developing e-commerce.' Here's how the owner of Zales and Jared has accelerated its move online during the pandemic.

Signet, which owns Jared, Kay Jewelers, and Zales, has rolled out some new digital capabilities during the COVID-19 pandemic.
Premium Retail 2020-11-24T17:02:00Z

Peloton customers are furious over excessive order delays, and lengthy wait times and poor customer service may hurt holiday sales and inflict lasting damage on the company's reputation, experts say

As angry consumers take complaints to social media en masse, experts are raising concern over the impact on Peloton's previously sterling reputation.
Insider Intelligence 2020-11-24T17:00:00Z

18 Big Tech Predictions for a COVID-19 Reality

We put together 18 Big Tech Predictions across Banking, Connectivity & Tech, Digital Media, Payments & Commerce, Fintech, and Digital Health.
Tech 2020-11-24T16:40:28Z

Amazon is teaming up with a government watchdog group to crack down on counterfeit products

The project is designed to mitigate Amazon's long-time fake goods problem, which has prompted Nike and Birkenstock to pull its listings.
Premium Retail 2020-11-24T16:39:00Z

Shoppers are still flocking to 合约数字币和虚拟币home Depot and Lowe's during the pandemic, as experts question what a COVID-19 vaccine will mean for 合约数字币和虚拟币home improvement sales in 2021

合约数字币和虚拟币homebound shoppers have flocked to 合约数字币和虚拟币home Depot and Lowe's for their do-it-yourself projects in 2020. But demand won't necessarily end after COVID-19.
Premium Retail 2020-11-24T16:02:00Z

Meet 5 companies snapping up bankrupt 'zombie brands' like Radio Shack, Brooks Brothers, and Pier 1

Brand management companies like Authentic Brands Group are acquiring bankrupt brands like Brooks Brothers, Pier 1, and Anne Klein during the pandemic.
Retail 2020-11-24T15:48:16Z

Tiffany beats profit estimates as sales in China soar more than 70%. But lockdowns in the US and Europe could hurt the luxury jeweler's holiday sales.

Tiffany sales in China soared as consumers who couldn't travel to Europe made their luxury purchases at 合约数字币和虚拟币home instead.
Retail 2020-11-24T15:28:00Z

Best Buy's digital sales are still surging thanks to the pandemic — but the company warned things could soon slow down

November sales have been strong so far, executives said, but they warned some of that could be a "pull forward" of usual holiday shopping.
Retail 2020-11-24T15:01:40Z

Inside the invisible retail underclass working through the holidays, as Walmart and Amazon's booming online sales turn warehouse workers into 'the backbone of our economy'

Warehouse workers are facing a holiday season in which hazard pay has dried up, but COVID cases are once again on the rise.
Retail 2020-11-24T14:23:29Z

Ed Stack, CEO of Dick's Sporting Goods, steps down after 36 years at the helm. He will be replaced by president Lauren Hobart, the first Dick's CEO from outside the Stack family.

Ed Stack bought Dick's Sporting Goods from his father, Richard Stack, in 1984. "This is the perfect time for this transition," he said Tuesday.
Retail 2020-11-24T13:25:36Z

McDonald's teams up with Chrissy Teigen and John Legend for its latest celebrity collaboration — this time, for charity

On Tuesday, McDonald's launched a new social media challenge to support Ronald McDonald House Charities with Chrissy Teigen and John Legend.
Retail 2020-11-24T13:01:00Z

CEOs at chains like McDonald's and Waffle House stop fighting a $15 minimum wage — but say it could mean higher menu prices for customers

For years, chains have been battling against a federal minimum wage hike. Now, in 2020, some are giving up the fight.
Retail 2020-11-24T11:56:59Z

Amazon is encouraging shoppers to pick up their packages in person from stores as the e-commerce industry prepares for a delivery surge

The e-commerce giant is encouraging shoppers to collect their orders from its Amazon Books stores or neighborhood "hubs."
Retail 2020-11-24T03:01:00Z

THE BUY BUTTON REPORT: The introduction of SRC will turn the online retail payments industry on its head — here's how payments players can win in the new checkout landscape

This report lays out what SRC and its buy button are, how the button works for users and merchants, and obstacles between it and widespread adoption.
Retail 2020-11-23T21:35:58Z

Retail trade group says holiday sales could increase as much as 5.2% this year despite the pandemic thanks to a boom in online shopping

The industry group expects online and other non-store sales will shoot up by 20% to 30%, as compared with November and December 2019.
Tech 2020-11-23T19:42:58Z

Amazon is using union-busting Pinkerton spies to track warehouse workers and labor movements at the company, according to a new report

News of Amazon hiring Pinkerton spies is the latest development in the firm's crusade to prevent its workers from forming labor unions.
Deals 2020-11-23T18:42:00Z

Many Amazon Black Friday deals are live now — here's what's currently on sale, plus answers to FAQs

Although Black Friday officially starts the day after Thanksgiving, Amazon has already released a nice handful of early deals on Echo and Ring devices.
Tech 2020-11-23T17:49:53Z

Alibaba's CEO said China's new tech regulations are 'timely and necessary' as the nation aims to keep internet firms from growing into powerful monopolies

Alibaba CEO Daniel Zhang's comments contrast sharply with those made by Jack Ma, whose Ant Group IPO was pulled after he snubbed Chinese regulators.
Premium Retail 2020-11-23T17:34:00Z

How Flipkart won over neighborhood mom-and-pop stores to help Walmart win big in India

Kiranas, or neighborhood "mom and pop" stores, serve as the center of many communities and have long dominated the retail scene in India.
Retail 2020-11-23T17:03:00Z

SMALL-BUSINESS POINT-OF-SALE BATTLE: Here's how point-of-sale providers can adapt their offerings for the coronavirus pandemic to win over small businesses

Explore the difficulties SMBs are facing during the pandemic and opportunities POS providers have in helping firms address those pain points.
Premium Retail 2020-11-23T16:52:00Z

A Unilever exec reveals how the company will reach $1.1B in plant based sales by 2027

The maker of Ben and Jerry's already does about $237 million in plant-based sales annually. But executive Jostein Solheim says there's room to grow.
Premium Retail 2020-11-23T15:36:00Z

The company that owns Sports Illustrated sees it as more than a magazine — it's a way to license branded CBD cream, nutritional supplements, and bikinis

Since Authentic Brands Group bought Sports Illustrated, it has launched a CBD cream, nutrition supplements and apparel collaborations using SI's name.
Premium Retail 2020-11-23T15:24:00Z

Inside SNKRS: How a group of Nike employees went 'unconventional' to build a chart-topping app that would transform sneaker culture

SNKRS began its life as a passion project that a handful of Nike employees created while moonlighting. It was dubbed "Project Valiant."
Retail 2020-11-23T15:19:43Z

Danone, the world's largest yogurt-maker, is cutting up to 2,000 jobs as it targets $1.2 billion in annual savings

One in four jobs at Danone's Paris HQ could be axed — but CEO Emmanuel Faber said the company could return to profitable growth early in 2021.
Premium Retail 2020-11-23T15:16:00Z

The new owners of Radio Shack reveal their playbook for scooping up distressed brands, and bringing them back from the brink of death

Retail Ecommerce Ventures is snatching up legacy retail brands like Radio Shack and Pier 1 Imports on the cheap.
Retail 2020-11-23T14:41:00Z

These 38 retailers and restaurant companies have filed for bankruptcy or liquidation in 2020

Neiman Marcus, JCPenney, and California Pizza Kitchen are among those that have filed for bankruptcy so far this year.
Advertising 2020-11-23T13:33:00Z

Inside Amazon: Everything we know about the e-commerce giant's growing advertising business

Amazon is building a giant ad business, but other retailers like Walmart and Instacart are trying to chip away at its dominance.
Retail 2020-11-23T13:29:39Z

Wish, the world's most-downloaded shopping app, has filed to go public after reporting $1.75 billion in revenue in the first 9 months of the year

Wish is seeking a valuation of between $25 billion and $30 billion on the public market, people with knowledge of the matter told the Financial Times.
Retail 2020-11-23T12:18:00Z

Thousands of people took to the streets of Taiwan to protest against the import of US pork

Thousands of people marched on Sunday demanding the reversal of a decision to allow US pork imports into Taiwan, alleging food safety issues.
Premium Retail 2020-11-23T12:00:00Z

McDonald's Black franchisees' legal team adds attorney for the families of Trayvon Martin and Michael Brown in 'historic' legal battle against the fast-food giant

Civil right attorney Daryl Parks is joining the legal team representing McDonald's franchisees in a pair of lawsuits against the fast-food giant.
Retail 2020-11-23T11:00:00Z

The Future of Retail: Online Checkout

In The Future of Retail slide deck, Business Insider Intelligence outlines SRC-enabled checkout and explores how it could either take off or burn out.
News 2020-11-22T18:39:23Z

Guitar Center, the largest retailer for musical instruments in the US, has filed for bankruptcy

The company, whose business suffered during the coronavirus pandemic, intends to stay in business as it goes through the bankruptcy process.
Retail 2020-11-22T17:42:00Z

Need a cheap holiday wine? A sommelier rated 11 low-cost wines.

A sommelier tasted and ranked cabernet sauvignon, pinot grigio, and rosé from big-name stores like Target and Costco.
Premium Retail 2020-11-22T14:15:00Z

Vuori CEO Joe Kudla shares how the activewear brand has nearly tripled its revenue so far in 2020, despite the pandemic

Vuori promises a casual California aesthetic, but sales of its men's and women's activewear and sweatpants are taking off nationwide.
Retail 2020-11-22T14:00:00Z

In the age of COVID-19, gym-goers are looking for safer ways to work out. KleenWraps says its microbial wraps are the solution

The wraps are waterproof, have silicon grips, and can also be used for shopping carts, subway poles, and railings in communal buildings
Retail 2020-11-22T01:01:00Z

The Future of Retail: Online Checkout

In The Future of Retail slide deck, Business Insider Intelligence outlines SRC-enabled checkout and explores how it could either take off or burn out.
Premium Retail 2020-11-21T16:00:00Z

Restaurant tech companies might be the key to drawing diners back amid higher COVID-19 rates, new survey data finds

Restaurant tech companies stand to win customers as COVID-weary diners come to expect apps, digital menus, and QR codes at restaurants.
Retail 2020-11-21T14:52:00Z

The wait for burgers at Colorado's first In-N-Out locations topped out at over 12 hours

Local police told patrons that they would likely not make it to the front of the line before the new In-N-Out location's closing time.
Tech 2020-11-21T14:25:00Z

One reseller group snagged nearly 3,500 PlayStation 5 consoles, and the resale market might be the only place to score one after it sold out everywhere online

Couldn't get a PlayStation 5 this week? You're not alone. Software used by resellers designed to speed through online checkout is partly to blame.
Retail 2020-11-21T12:56:00Z

This company says it makes the first FDA-approved transparent face mask and has sold more than 12.5 million since April — see why it's become so popular

From April to mid-September, ClearMask's website averaged about 2.5 million page views as demand for masks, especially transparent ones, continued to rise.
Retail 2020-11-21T12:48:00Z

The CDC classified Black Friday shopping as a 'higher-risk activity' — experts say masks and avoiding crowds are key

Black Friday looks different this year, and experts suggest avoiding crowds, wearing a mask, going alone, and having a plan to get out quickly.
Retail 2020-11-21T11:30:00Z

Barack Obama's record-setting memoir, 'A Promised Land', is causing headaches for indie bookstores that are struggling to fulfill orders

Barack Obama's memoir "A Promised Land" sold almost 900,000 copies in the U.S. and Canada in its first 24 hours, setting a record for ex-presidents.
Retail 2020-11-21T11:03:00Z

THE ONLINE GROCERY REPORT: The coronavirus pandemic is thrusting online grocery into the spotlight in the US — here are the players that will emerge at the top of the market

This report looks at the state of online grocery adoption before the shopping method became vital to many consumers amid the pandemic.
Retail 2020-11-20T23:00:00Z

THE GLOBAL E-COMMERCE LANDSCAPE: How the coronavirus pandemic is accelerating e-commerce maturation in India, Indonesia, Mexico, and Nigeria

This report examines the effects of the coronavirus pandemic on the development of the e-commerce markets in India, Indonesia, Mexico, and Nigeria.
Retail 2020-11-20T21:28:35Z

Insider Retail: The pet care industry is booming, big-box retailers smashed earnings expectations, and Walmart ramps up coronavirus safety protocols

The week in Business Insider's retail coverage, including pandemic pet adoptions fueling growth in the $53 billion pet industry.
Reviews 2020-11-20T20:43:00Z

We asked the experts if Black Friday or Cyber Monday is the better day to shop — and Cyber Monday has better deals overall

Is Black Friday or Cyber Monday better? It depends on how you shop and what you want. Plus, early Black Friday and Cyber Monday deals available now.
Premium Retail 2020-11-20T20:38:43Z

Experts predict final-mile challenges will make or break retailers this year, so many are turning to third-party delivery services or acquiring their own tech

Retailers without delivery networks like Walmart and Amazon have increased partnerships with third-party services in preparation for the holidays.
Retail 2020-11-20T20:05:00Z

These are the safety precautions in-person Black Friday shoppers should take, according to experts

The three experts we spoke to all advise against wearing gloves while Black Friday shopping during the pandemic.
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