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JCPenney Owner Simon Has a Stake in Shein Partnership

JCPenney Owner Simon Has a Stake in Shein Partnership

by Mike Duff | Aug 30, 2023 | Retail Articles

Shein has struck a deal with Sparc Group Holding, a collaboration between JCPenney owner Simon Property and the Authentic Brands Group, in which it will acquire a one-third interest in Sparc, which itself takes a minority interest in Shein. Sparc includes a number of...
Numerator: Prime Day Gained in Households But Lagged in Order Size, Spend

Numerator: Prime Day Gained in Households But Lagged in Order Size, Spend

by Mike Duff | Aug 1, 2023 | Retail Articles

In its ongoing efforts to refine and detail its Amazon Prime Day research results, Numerator tracked purchase data and surveyed verified buyers to determine that 2023 Prime Day outpaced past years in household penetration, at 36%, orders per household, at 3.1, spend...
Rent-A-Center Showcases Luxury in 50th Anniversary Promotion

Rent-A-Center Showcases Luxury in 50th Anniversary Promotion

by Mike Duff | Jul 26, 2023 | Retail Articles

In celebration of its 50th anniversary, Rent-A-Center has launched a 50-day campaign aimed to engage and energize coworkers, celebrate customers and invite consumers who haven’t done so to experience the rent-to-own industry. The company announced that the...
Keurig Dr Pepper Strikes Deal with La Colombe Coffee Roasters

Keurig Dr Pepper Strikes Deal with La Colombe Coffee Roasters

by Mike Duff | Jul 20, 2023 | Retail Articles

In a multifaceted agreement, Keurig Dr Pepper Inc. and coffee roaster La Colombe have announced a strategic partnership, including a long-term sales and distribution arrangement covering the La Colombe ready-to-drink coffee line, as well as a long-term licensing,...
Numerator: Prime Day Gained in Households But Lagged in Order Size, Spend

Home Items Tops Spending Categories During Record Amazon Prime Day

by Mike Duff | Jul 13, 2023 | Retail Articles

Amazon announced the first day of Prime Day, July 11, was the single largest sales day in its history, while market researcher Numerator made some germane observations about the event in general including the strong showing of merchandise for the home. For the 2023...
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