1. Technology & Innovation

Victoria’s Secret buys AdoreMe for its lingerie and tech

Written by Posted on Less than 0 min read

Victoria’s Secret is buying AdoreMe, the size-inclusive direct-to-consumer lingerie brand, for $400 million in cash. “They’re significantly further advanced in the way that they use technology at the forefront of everything that they do,” said Victoria’s Secret CEO Martin Waters about AdoreMe.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Media & Marketing

Disney+ Password Sharing Crackdown Starts in June

Still sharing a Disney+ password? You run the risk of being disconnected. View Original Article Streaming RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each […]
< 1 min read
0
  1. Stores & Formats

Sam’s Club to open 30 new stores

Sam’s Club plans to open 30 new locations over the next few years, the first new clubs since 2017. The new locations will measure about 20,000 square feet larger than existing clubs and feature amenities such as sushi islands, full-service floral areas and optical centers. Sam’s also plans to open five new supply chain fulfillment […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas says Ye debacle could cost brand more than $1 billion in sales

Adidas’ split with Ye, formerly known as Kanye West, could cost the company $1.3 billion in sales this year. The sportswear brand severed its relationship with Ye following a series of antisemitic statements made by the rapper and entrepreneur. View Original Article Dept. Apparel RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire […]
< 1 min read
0
  1. Channel: Delivery

Costco asks Instacart shoppers to wait for orders offsite

Some Costco stores have started asking Instacart shoppers to wait for orders offsite, according to interviews with shoppers and a review of Reddit posts and discussions on the policy. Instacart does not require shoppers to wait in a store’s parking lot to be eligible for an order, but it does tell its contractors that they… […]
< 1 min read
0
  1. Media & Marketing

Snapchat and Snowflake Join Forces for Enhanced Data Integration

In the latest collaboration between Snap and Snowflake, the two tech companies are teaming up to integrate clean rooms with Snap’s conversions API for improved data management and privacy measures. View Original Article Data & Insights Marketing: Social Media Technology & Innovation RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Trends & External Forces

Drought is costing U.S. cotton industry billions of dollars

The combination of too little rain and extreme heat is decimating the cotton crop in Texas, where 40 percent of the nation’s total is grown. “It’s been one of the harshest growing years that we have ever seen historically, all the way back to the 1950s,” said Kody Bessent, CEO of Plains Cotton Growers. The […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon is paying some Prime members $10 to pick up their online orders

Amazon.com is paying some of its Prime members $10 to pick up their online orders of $25 or more rather than have them shipped to their homes. View Original Article Amazon RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

FTC says Amazon tricked millions into joining Prime

The Federal Trade Commission has sued Amazon.com, alleging that it used deceptive interface designs to trick millions into joining its Prime membership program. “Amazon used manipulative, coercive, or deceptive user-interface designs known as ‘dark patterns’ to trick consumers into enrolling in automatically-renewing Prime subscriptions,” according to the FTC. Amazon said the federal agency’s claims were… […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond will no longer honor coupons starting tomorrow

Bed Bath & Beyond has been known for decades for its blue percentage-off coupons. The retailer will no longer accept those as of tomorrow. Bed Bath & Beyond, which filed for Chapter 11 bankruptcy protection, is seeking a buyer for all or part of its business. View Original Article Marketing: Trade Pricing & Promotions Bankruptcy […]
< 1 min read
0
  1. Stores & Formats

Macy’s To Axe Over 2,300 Jobs and Shut Down 5 Stores

Macy’s revealed plans to lay off around 3.5% of its staff and shut down five of its stores as part of the American department store chain’s strategy to reduce costs and revive slowing sales. View Original Article Associates Strategy Brick and Mortar Unilever RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online […]
< 1 min read
0
  1. Technology & Innovation

AI speeds goods to Amazon’s customers

Amazon.com uses artificial intelligence technology to make it easier for customers to shop for items to buy, optimize truck routes to deliver goods more quickly and determine where to warehouse inventory. “I think one area that we consider key in order to lower cost to serve is on inventory placement,” said Stefano Perego, vice president […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Shopify Says Merchants Can Use Amazon’s ‘Buy With Prime’ Option

Shopify has announced that Amazon will launch an app in Shopify’s ecosystem, allowing U.S.-based merchants to offer Amazon’s “Buy with Prime” option. This collaboration will allow Shopify merchants who use Amazon’s fulfillment network to integrate the “Buy with Prime” app into Shopify Checkout, providing customers with access to Prime benefits like fast and free delivery… […]
< 1 min read
0
  1. Associates & Employees

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions. […]
< 1 min read
0
  1. Uncategorized

Pentagon Invests $2.5B in L3Harris, Lockheed, and Sierra Space

Big news: the Pentagon has decided to invest a whopping $2.5 billion in three companies – L3Harris, Lockheed Martin, and Sierra Space – to build satellites. These aren’t ordinary satellites, though. They are part of a growing military system managed by the U.S. Space Force’s Space Development Agency (SDA). View Original Article RetailWire Member since […]
< 1 min read
0
  1. Associates & Employees

U.S. added 311K jobs in February

The U.S. economy added a better-than-expected 311,000 jobs in February, according to the Bureau of Labor Statistics. The national unemployment rate ticked up to 3.6 percent. “The entire labor market is cooling off,” said Luke Tilley, chief economist at Wilmington Trust. “But it’s still incredibly tight. It’s just not as tight as it was in […]
< 1 min read
0
  1. Associates & Employees

Ben & Jerry’s workers to vote on union

Workers at Ben & Jerry’s flagship store in Burlington, VT, will vote on whether to join a union. Some see the vote as putting the ice cream brand’s values to the test. Workers, according to organizers, decided to pursue union representation when management took away a tip jar on the company’s annual Free Cone Day […]
< 1 min read
0
  1. Stores & Formats

Wayfair To Launch Its First Physical Furniture Store Next Month

Wayfair, the online furniture retailer, announced its first physical store opening next month. View Original Article Brick and Mortar RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional […]
< 1 min read
0
  1. Trends & External Forces

Walmart Plans To Boost US Economy With More Stores and Jobs

Walmart has recently announced an ambitious project aimed at strengthening local economies and providing valuable services to more Americans. Over the next five years, the company plans to build or convert over 150 stores while continuing to upgrade existing outlets. View Original Article Economy Walmart Brick and Mortar RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. Department & Category

Sheetz drops gas prices to $1.85 a gallon

Sheetz is selling E85 for $1.85 a gallon through April 30 at its more than 375 convenience stores in Maryland, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia. The national average price for a gallon of E85 gas is $3.074. View Original Article Dept. Fuel Brick and Mortar RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

USPS Takes Green Route With Canoo Startup

The USPS is shifting toward a greener future with help from EV startup Canoo. View Original Article Delivery Predictions and Forecasts Sustainability RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes […]
< 1 min read
0
Next