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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

After several years of declines and a host of executive switch-ups (particularly in the CEO role), Wish began a major overhaul of its business (still underway) and launched a marketing blitz to “reintroduce” itself to consumers in August 2022. The very next month Temu debuted in the U.S. The overall on-time delivery rate was 91%.

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Amazon’s Q2 revenues beat expectations

Mass Relators

billion included in non-operating expenses from the company’s common stock investment in Rivian Automotive Inc. Recent store openings include the Walk-Off Market food and beverage store at T-Mobile Park in Seattle and the Hudson Nonstop store in Nashville International Airport.

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Instacart expedites omnichannel retailing

Mass Relators

Publix Super Markets Inc. Two recent deals — the purchase of FoodStorm, an order management system that facilitates catering operations for food retailers, and smart shopping cart and checkout technology provider Caper AI — illustrate the point. In recent months, Instacart has succeeded in signing up new customers — Giant Co.