2+ day, 5+ hour ago   (478+ words) “We have now delivered 21 consecutive quarters of double-digit revenue growth,” Reformation CEO Hali Bornstein said during the earnings call. Net revenue during the second quarter grew 24% compared to the prior year, hitting $155.2 million. Net income was $12.4 million. What’s more, active…...

3+ day, 20+ hour ago   (587+ words) “We’re not sharing the same level of data with OpenAI as we would with the shopping assistant embedded on our platform,” Hamburger said. “Obviously, we want to make sure that data remains a competitive advantage for us and for our…...

5+ day, 5+ hour ago   (770+ words) Between rapid retail growth, an expanded assortment and being labeled Vogue’s “summer’s hottest it bag,” the viral rolling tote bag company Hulken is preparing for what is likely to be its busiest holiday season yet. Hulken grew to a $100 million…...

2+ week, 5+ day ago   (668+ words) Companies are upping the ante on shipping speeds. Both Target and Walmart boasted about increases in same-day deliveries during their earnings calls last week, while The Home Depot and Amazon rolled out new fulfillment options that get products to customers…...

4+ week, 2+ day ago   (743+ words) The retailer’s supply chain, product and engineering teams developed Proxima, an in-house digital twin of its inventory positioning system that handles getting products from regional distribution centers to stores, the company said Thursday in a post on its website. Proxima…...

4+ week, 2+ day ago   (458+ words) This is the latest installment of the Big-Box Briefing, a weekly Modern Retail+ column about the strategies of major retailers. More from the series → These reshuffles come as retailers reestablish their priorities following new CEO appointments; the growth of advertising,…...

1+ mon, 2+ day ago   (871+ words) Last chance: Get the best rate on passes to AI Marketing Strategies “This offers a higher level of control, allowing the blocking of low-performing or misaligned terms without unintentionally filtering out related high-value traffic,” Walmart Connect said in a blog…...

1+ mon, 1+ week ago   (600+ words) A couple of years ago, home goods company Gorilla Commerce set an ambitious goal for itself. It wanted to prove that its brand could live beyond Amazon. “We know we’re good on the marketplace side, but we knew we wanted…...

1+ mon, 1+ week ago   (328+ words) Kroger has made advertising part of its AI shopping assistant on day one, following the implementation of advertising features on competitors’ chatbots. Last week, Kroger launched an AI assistant within the websites and mobile apps of most of its grocery…...