What you need to know today – QuickWit Hits
- Amazon sets another first (an unfortunate one) – the first public company ever to lose over $1 trillion in market value, according to Bloomberg.
- Even Gap, one of the holdouts, is now selling directly on Amazon.
- KDP invests in Athletic Brewing.
- We called this one – it is more about accuracy than speed in delivery as Retailers Turning to Specific-Day Delivery Over Speediest Shipping, according to the WSJ.
- and Elon addresses advertisers over Twitter concerns.
What you should read today – The top news and stories in retail.
2022 RTIH Innovation Awards: Global Startup of the Year shortlist announced
Cart.com, Serve Robotics, Spacee, and Flowcode are among the nominees in the Global Startup of the Year category at the
More key Twitter execs just quit, including the head of trust and safety
Hours after news broke that Twitter lost top cybersecurity executive Lea Kissner, another round of departures deepened the company’s ongoing
Target Introduces Larger Store Concept With More Fulfillment Space and Merchandise
Target has introduced a larger-format store concept — nearly 150,000 square feet compared to the chain average of 130,000 square
Bed Bath & Beyond taps Burlington vet as chief marketing, customer officer
Dive Brief: Former Burlington Stores Chief Marketing Officer Bart Sichel will take the job of chief marketing and customer officer at Bed
Amazon scrutinizing unprofitable business units: WSJ
Dive Brief: Former Burlington Stores Chief Marketing Officer Bart Sichel will take the job of chief marketing and customer officer at Bed
EY Consumer Future Index: Economic Fears Abound, but Americans Still Plan to Spend for the Holidays
Retailers have reason to be positive about the holiday season — Americans are still planning to spend about the same
CPI for all items rises 0.4% in October as shelter, gasoline, and food increase
In October, the Consumer Price Index for All Urban Consumers increased 0.4 percent, seasonally adjusted, and rose 7.7 percent over
Gap Falls into Amazon with Brand ‘Store’ and New Baby Gear Line
Gap, one of America’s most storied mall-based brands, is opening up shop on what has essentially become the country’s biggest
Retailers to emphasize delivery dates and not speed of delivery
Retailers this holiday season are expected to focus more on delivering packages on the days they are promised rather than
Elon Meets with Advertisers to Calm Concerns, as his Twitter Reformation Continues to Unfold
Elon Musk continues to push ahead with new experiments at Twitter, which seems like it’s going to become normal process.
Target pivots to larger stores with new 150K-square-foot format
Dive Brief: Target is introducing a new large-format store that will stand at around 150,000 square feet, which would make it roughly
Keurig Dr Pepper invests in Athletic Brewing
Keurig Dr Pepper Inc. (KDP), Burlington, Mass., and Frisco, Texas, announced a minority stake in Athletic Brewing Co., a leading
What you should consume today – WhitePapers, Research, Podcasts, etc. that caught our eye!
Customer Loyalty Index 2022: A Review of US Consumer Attributes Impacting Loyalty to Retailers, Brands, and Stores
Customer loyalty: it’s something we, as marketers, speak about often. But what do consumers think about loyalty? How do they
