Authority and honesty on the reinvention of retail, by Digiday Media
Nike’s digital sales continue to grow despite supply chain issues
Despite massive supply chain delays after factory closures in Indonesia and Vietnam, Nike's digital sales continue to drive overall revenue growth.
Prior to going public in March, Joann had spent a year attracting customers to its website, many of whom were looking to learn how to make their own masks. Now Joann is working to extend its crafting boom success with the help of stores.
Prior to going public in March, Joann had spent a year attracting customers to its website, many of whom were looking to learn how to make their own masks.
As resale booms, eBay is doubling down on refurbished and recycled products
Together, refurbished and recycled products helped drive a 400% increase in used consumer product sales on eBay since 2018.
DTC wine clubs are becoming more data-driven. One startup, Firstleaf, is heavily reliant on its machine learning platform to increase subscriptions and keep customers ordering.
Firstleaf, which was founded in 2016, has been attempting to build a more data-driven approach to wine selection.
Despite massive supply chain delays after factory closures in Indonesia and Vietnam, Nike’s digital sales continue to drive overall revenue growth.
On Thursday, Nike announced 16% year-over-year growth in total revenue and 40% growth in North American digital sales. The brand is banking on digital sales and pushing consumers to its app, loyalty program and buy-online-and-pick-up-in-store features. However, strict Covid-19 regulations in Vietnam...
Joann’s chief customer officer Christopher DiTullio on getting shoppers back into stores
Last year's crafting boom made Joann one of retail's biggest winners, helping it go public earlier this year. Now, the company wants to use its stores -- along with newfound e-commerce customers -- to keep that momentum going. Christopher DiTullio, the company chief customer officer, discussed Joann...
Ebay says refurbished and recycled products have been big pandemic winners. The segments have benefited from the general surge of interest around reselling and sustainability, according to eBay U.K. chief Murray Lambell.
Ebay says refurbished and recycled products have been big pandemic winners. Together, refurbished and recycled products helped drive a 400% increase in used consumer product sales on eBay since 2018, eBay U.K. chief Murray Lambell said in a keynote at an industry event.
Inside Firstleaf’s data-driven approach to wine subscriptions
The alcohol e-commerce boom is driving online wine clubs to ramp up their personalization tools. With thousands of wine SKUs on hand, digital wine club Firstleaf developed a machine learning model to help narrow down each customer's suggestions. The process, according to the company, has helped incr...
Why food delivery companies are eyeing prescriptions
Third-party food delivery services are betting that adding prescription delivery can help them get closer to profitability.
At Digiday Media’s Marketplace Strategies Forum in New York City, industry leaders came together to discuss what it takes to successfully sell on third-party marketplaces.
At Digiday Media's Marketplace Strategies Forum in NYC, industry leaders came together to discuss what it takes to successfully sell on third-party marketplaces.
How Bubble is building a marketplace focused on health foods
Niche, category-specific marketplaces like health foods purveyor Bubble are offering an increasingly appealing alternative to Amazon for both brands and customers looking for a more curated marketplace experience, explained Bubble CEO and Founder Jessica Young at Digiday and Modern Retail's Marketpl...
‘Basically profitable since day 1’: Saatva co-founder Ricky Joshi on tackling the luxury mattress market
The ten-year-old mattress brand Saatva company saw revenues almost double over the last two years, and says that demand is only increasing. According to co-founder and chief strategy officer Ricky Joshi, Saatva has been "basically profitable since day one." He joined the Modern Retail Podcast and sp...
Over the past year, there’s been an explosion of holding companies raising money to acquire e-commerce brands. But one of the most interesting — and newest entrants — in the space is OpenStore.
What makes OpenStore different than other holding companies is it places automated bids on e-commerce companies, by looking at their Shopify revenue.
Why Ikea is targeting gamers
The rise of gaming into a multi-billion dollar market in the U.S. has prompted traditional retailers to find inroads into the category.
Nordstrom wants to sell more home goods with the help of DTC brands
Nordstrom is making a significant push into home goods with the help of buzzy brands including direct-to-consumer startups. Its latest partnership with weighted blanket brand Bearaby means it now has ties with more than 17 companies in the category. In addition, it’s preparing to open an extended,...
Starting later this fall, investors will be able to buy stock in Amazon’s largest third-party seller. Pharmapacks, the supplier of health and wellness products that launched on Amazon in 2010, is going public via a S**C.
Companies like Pharmapacks and Anker are the first third-party sellers to go public. But more and more, Amazon sellers are achieving enough scale that they can stand as public-facing brands in their own right.
In-store retail advertising is going digital
Retailers are trying to bring digital ads into brick-and-mortar stores. Companies like Starlite Media and Cooler Screens have begun offering ad services to both brands and retailers. It points to a bigger trend: retailers are eagerly testing ways to display digital ads to consumers, closer and close...
This month, Taco Bell became the latest restaurant chain to launch a subscription service, by testing a “Netflix for Tacos” pass.
Fast food subscriptions are quickly becoming all the rage. From Panera Bread, to Pret a Manger, to now Taco Bell, more restaurant chains are looking to monthly "passes" as a way to keep customers ordering and engaging with digital marketing.
Nordstrom is making a significant push into home goods with the help of buzzy brands including direct-to-consumer startups.
Nordstrom is making a significant push into home goods with the help of buzzy brands including direct-to-consumer startups. Its latest partnership with weighted blanket brand Bearaby means it now has ties with more than 17 companies in the category. In addition, it’s preparing to open an extended,...
Amazon Briefing: Third-party sellers are outgrowing Amazon
Companies like Pharmapacks and Anker are the first third-party sellers to go public. But more and more, Amazon sellers are achieving enough scale that they can stand as public-facing brands in their own right.
In the past year, advertising has saturated online marketplaces like Amazon and Instacart. Now, retailers are trying to bring digital ads into brick-and-mortar stores, too.
Retailers are trying to bring digital ads into brick-and-mortar stores. Companies like Starlite Media and Cooler Screens have begun offering ad services to both brands and retailers. It points to a bigger trend: retailers are eagerly testing ways to display digital ads to consumers, closer and close...
How subscriptions became quick service restaurants’ hottest marketing trend
Fast food subscriptions are quickly becoming all the rage. From Panera Bread, to Pret a Manger, to now Taco Bell, more restaurant chains are looking to monthly "passes" as a way to keep customers ordering and engaging with digital marketing.
Claire’s wants to lure Gen Z and their parents with exclusive subscription boxes drops.
Once known as a mall staple among tween and teen girls, Claire's is attempting to modernize itself for Gen Z consumers. The company, which filed for bankruptcy in 2018 and has since brought on a new CEO to overhaul the brand, wants to use e-commerce to drive sales back to its experience-focused stor...
‘Basically profitable since day 1’: Saatva co-founder Ricky Joshi on tackling the luxury mattress market
The ten-year-old mattress brand Saatva company saw revenues almost double over the last two years, and says that demand is only increasing. According to co-founder and chief strategy officer Ricky Joshi, Saatva has been "basically profitable since day one." He joined the Modern Retail Podcast and sp...
Health foods marketplace Bubble is combatting Amazon through niche product expertise rather than scale.
Niche, category-specific marketplaces like health foods purveyor Bubble are offering an increasingly appealing alternative to Amazon for both brands and customers looking for a more curated marketplace experience, explained Bubble CEO and Founder Jessica Young at Digiday and Modern Retail's Marketpl...
Claire’s introduces subscription boxes as part of its revamped e-commerce strategy
Once known as a mall staple among tween and teen girls, Claire's is attempting to modernize itself for Gen Z consumers. The company, which filed for bankruptcy in 2018 and has since brought on a new CEO to overhaul the brand, wants to use e-commerce to drive sales back to its experience-focused stor...
Over the last year and a half, people have increasingly invested in their homes. And mattress brand Saatva was able to capitalize that demand.
The ten-year-old mattress brand Saatva company saw revenues almost double over the last two years, and says that demand is only increasing. According to co-founder and chief strategy officer Ricky Joshi, Saatva has been "basically profitable since day one." He joined the Modern Retail Podcast and sp...
How Bubble is building a marketplace focused on health foods
Niche, category-specific marketplaces like health foods purveyor Bubble are offering an increasingly appealing alternative to Amazon for both brands and customers looking for a more curated marketplace experience, explained Bubble CEO and Founder Jessica Young at Digiday and Modern Retail's Marketpl...
As the state of the pandemic changes, restrictions can fluctuate. How can brands maintain a safe, high-touch consumer experience without sacrificing sales? Sponsored by Endear. https://bit.ly/3kCgEXb
As the state of the pandemic changes, restrictions can fluctuate. How can brands maintain a safe, high-touch consumer experience without sacrificing sales? Sponsored by Endear. https://bit.ly/3kCgEXb
‘It’s really just like a catalog’: Overheard at the Digiday Media Marketplace Strategies Forum
At Digiday Media's Marketplace Strategies Forum in NYC, industry leaders came together to discuss what it takes to successfully sell on third-party marketplaces.
Over the past year, there’s been an explosion of holding companies raising money to acquire e-commerce brands. One of the most interesting — and newest entrants — in the space is OpenStore.
What makes OpenStore different than other holding companies is it places automated bids on e-commerce companies, by looking at their Shopify revenue.
Why Ikea is targeting gamers
The rise of gaming into a multi-billion dollar market in the U.S. has prompted traditional retailers to find inroads into the category.
Third-party food delivery services are betting that adding prescription delivery can help them get closer to profitability.
Third-party food delivery services are betting that adding prescription delivery can help them get closer to profitability.
At Digiday Media’s Marketplace Strategies Forum in New York City, industry leaders came together to discuss what it takes to successfully sell on third-party marketplaces.
At Digiday Media's Marketplace Strategies Forum in NYC, industry leaders came together to discuss what it takes to successfully sell on third-party marketplaces.
DTC Briefing: How OpenStore aims to build a Shopify-focused holding company
What makes OpenStore different than other holding companies is it places automated bids on e-commerce companies, by looking at their Shopify revenue.
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