Retail

Retail
54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
July 14, 2022

While most consumers love the convenience and variety of online shopping, they find some aspects frustrating or time-consuming.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Retail
Amazon Grabs 8.8% of Gross Retail Spending to Outpace Walmart
July 14, 2022

Amazon is maintaining its retail dominance, capturing 8.8% in gross retail spending compared to Walmart’s 8.2% in the second quarter of 2022, PYMNTS reported in a new study. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Amazon, Walmart Incentivize eGrocery Spending with Deal Days
July 14, 2022

As mega-retailers compete for consumers’ food spending, Amazon is pulling out all stops to minimize Walmart’s grocery lead. During its Prime Day event Tuesday and Wednesday (July 12-13), Amazon touted grocery savings for Prime members, and the retailer had a range of deals and discounts...

Retail
Amazon, Walmart Lead Retail Innovation as Spiraling Packaging Costs Can’t Be Ignored
July 14, 2022

As the widespread and indiscriminate impact of inflation puts increasing strain on consumers and businesses alike, retailers and their suppliers have begun to seek savings and innovation in seemingly mundane areas that historically have been relegated or ignored. Get the Full Story Complete the form...

Retail
Fast Retailing Raises Annual Earnings Expectations After Record Q3 Showing
July 14, 2022

Uniqlo parent company Fast Retailing is joining others in the fast fashion world by raising prices on fleece items at a time when shoppers are looking for every possible bargain they can find — but seem not to mind paying full price or a higher...

Retail
New Data: Amazon Keeps Lead Over Walmart in Share of Q1 Retail Spending
July 13, 2022

While Walmart has transformed its business strategy in recent years to include bold innovations — like the drone delivery that Amazon pioneered — Amazon continues to lead the 60-year-old retail mainstay, according to “Amazon Versus Walmart Q1 2022,” a PYMNTS report. Get the Full Story...

Retail
Fanatics Seals College Licensing Agreement with Nike
July 13, 2022

Manufacturer and retailer of licensed sports gear company Fanatics is growing its collaboration with athletic apparel retail giant Nike to produce college sports attire in addition to its line of pro team clothing and accessories. Get the Full Story Complete the form to unlock this...

Retail
NJ’s Massive New ‘American Dream’ Mall Faces Growing List of IOUs
July 13, 2022

Even before ground was broken in 2004, things have never gone as planned for American Dream, the 3.5 million-square-foot entertainment and retail complex in New Jersey’s Meadowlands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Christie’s Credits Tech Innovation for Performance Results
July 13, 2022

After more than 350 years in business, Christie’s is still finding ways to reach new customers, including growing its online-only sales, expanding its digital innovation and stepping into the non-fungible token (NFT) market, according to the company’s first-half performance release Tuesday (July 12). Get the...