Your Daily QuickWit
Here are the top stories of the day in retail:
- Party City lands bankruptcy loan
- Web3 fashion startup Syky gets funding
- Albertsons gets the go ahead to pay dividend
- Holiday sales grew 5.3% vs 2021
- And more!
Dollar General launching a cash-back rewards program
GOODLETTSVILLE, Tenn. — Dollar General is partnering with Ibotta to launch a cash-back rewards program that aims to boost customer
Judge grants Party City immediate access to $75M bankruptcy loan
The remainder of a $150 million debtor-in-possession loan will not be released until February. View Original Article Editor’s Choice Bankruptcy
Shein to add 1,000 more designers to its incubator program in 2023
The fast-fashion retailer has brought in nearly 3,000 participants to its Shein X initiative, which helps fund them through the apparel creation
Web3 fashion startup Syky raises $9.5M
The company aims to entice shoppers with incentives tied to its non-fungible token. View Original Article Dept. Apparel Crypto Editor’s
Mondelēz International Releases Fourth Annual State of Snacking™ Report Highlighting Expanded Role of Snacking in Consumer Eating Habits
Snacking preferred over traditional mealtime for fourth consecutive year Snacks remain regularly included in consumers’ budgets, despite rising prices Consumers
Avocados from Mexico gives Super Bowl parties a glow up with Pantone
A custom yellow-green color features in a new big game decor collection, while the marketer is also investing in its
Albertsons Gets Green Light To Pay Out $4 Billion Dividend
The Washington State Supreme Court has ruled that Albertsons can pay its shareholders a $4 billion special dividend, refusing to
NRF: Holiday sales grew 5.3% to $936.3 billion
WASHINGTON – Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the