Retail
Shoprite Group Takes its Petshop Brand Online
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Nomanini Launches New App for Retailers in Africa
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One of Music’s Biggest Wholesalers Is Going Public
Alliance Entertainment, the giant music, video and gaming wholesaler, will be going public and trade on the New York Stock exchange, the company announced Thursday (June 23). The public listing will be done through a reverse merger with Adara Acquisition Corp., a special purpose acquisition company (SPAC). The deal is subject to the approval of the shareholders of Adara Acquisition Corp., which trades on NYSE under the symbol ADARA. If the deal closes — as expected in the fall — Alliance Entertainment will trade under the symbol AENT. The deal has assigned Alliance Entertainment a pre-deal valuation of $480 million. Alliance Entertainment serves as a one-stop for all titles to brick-and-mortar and online retailers. In the first nine-months of its fiscal year ended March 31, the compan...
Vinyl Prices Might Seem High Today, But They Were Worse in 1978
As far as albums go, 1978 was one for the record books. The Saturday Night Fever and Grease soundtracks topped the Billboard 200 album chart for a combined 36 weeks. Fleetwood Mac’s Rumours, released in 1977, was the No. 1 album in the U.S. the first two weeks of the year. Billy Joel’s 52nd Street topped the chart for the final seven weeks of the year. The Rolling Stone’s Some Girls and Boston’s Don’t Look Back each topped the chart for two weeks. It was also a notable year for another reason: In 1978, vinyl records were more expensive than any other time since the RIAA began tracking sales in 1973. That year, the average retail sale price of a vinyl EP/LP was $7.32 – equal to $30.18 in today’s dollars when adjusted for inflation. That was the second-highest vinyl sales year in U.S. histor...
Shoprite Group Launches New Division to Support SMMEs in SA
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Edgars Expands Delivery Services with Click & Collect Option
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Edgars Expands Delivery Services with Click & Collect Option
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6 Ways Online Retailers Can Include Insurance in their Customer Journey
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Woolworths is Exploring Electric Delivery Vehicles
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Michael Jackson’s ‘Thriller’ Celebrates 40th Anniversary With Double-CD Set
Prefaced by Maxwelll’s emotive cover of “The Lady in My Life” at the 2022 Billboard Music Awards last evening (May 15), Sony Music and the Estate of Michael Jackson are formally announcing the release of Thriller 40. Arriving Nov. 18 in celebration of the groundbreaking album’s 40th anniversary, the double-CD set will package the original Thriller (whose nine songs included “Lady”) along with a bonus disc of never-released tracks that Jackson had worked on for the album. Explore Explore See latest videos, charts and news See latest videos, charts and news Released Nov. 30, 1982, Thriller spun off seven top 10 singles with three achieving No. 1: “Beat It,” “Billie Jean” and the title track. In addition to winning eight Grammys and setting various chart records, the album has since bee...
Rising global adoption positions crypto perfectly for use in retail
Even though the cryptocurrency market seems to be going through a bit of a lull at the moment, there’s no denying the fact that the industry has grown from strength to strength over the last few years, especially from an adoption perspective. To this point, a recent study revealed that the number of adults in the United States using digital assets for everyday purchases will increase by 70% by the end of the year when compared to 2021, with the metric rising from 1.08 million to 3.6 million users. The study’s chief author suggests that as the crypto market’s volatility continues to reduce — thanks to the growing use of stablecoins and central bank digital currencies (CBDCs) — more and more people will look at these offerings as a legitimate means of payment. In fact, by the end of 20...
Game Launches New eCommerce Platform
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