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Walmart Launches 'Modern Fashion Brand'

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The retail giant is starting “a fashion essentials-inspired brand for both men and women created by our in-house design team,” the company said in a news release. At its core, this new brand is born from thoughtful, simple design, quality fabrics, modern silhouettes and styles updated for today.”. “At Today (Sept.

Branding 263
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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

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Designer Brands Inc. million in the first quarter of fiscal year 2020, compared to the same period the previous year. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. million in the first quarter of 2020 from Q1 2019’s $451.3

Branding 141
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CPG Brands Get Cozy With The Stay-At-Home Economy

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There were a lot of superlatives associated with 2020, only a few them on the positive side. Moreover, she said, Hershey’s is increasingly joining the large contingent of consumer packaged goods (CPG) brands realizing their customer base now mostly hanging out around the house and eschewing physical commerce for its digital counterpart.

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Amazon Launches Online Pharmacy In Bengaluru, India

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Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million. In addition, Medlife, Netmeds, Temasek-backed PharmEasy and Sequoia Capital-backed 1mg.com compete for sales in the pill market. Amazon started moving into the health space in 2017.

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Pandemic Leads D2C Pet Brands To Navigate Digital Shift

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It is a $75 billion industry dominated by millennials and ripe with opportunity for direct-to-consumer (D2C) brands. The physical locations have mixed status depending on the state, between essential and non-essential companies, but many have stayed alive with “order online pick up in store” services or curbside pickup.

Branding 166
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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

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Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Meritech Capital led the funding round, with participation from existing investors Great Point Ventures and Shah Capital Partners. Extend (@HelloExtend) October 5, 2020.

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Today In Retail: Bed Bath & Beyond Inc. Enters Deal To Sell Cost Plus; Authentic Brands Might Buy Arcadia Group and Debenhams

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has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. has entered into a definitive arrangement to sell Cost Plus World Market to Kingswood Capital Management. Bed Bath & Beyond Inc.

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