Each week, it seems, another luxury brand jumps into the secondhand market. Last week, for example, it was Oscar de la Renta; before that, it was Net-a-Porter; and last month, Valentino launched a project with four international boutiques to create a dedicated resale section on...
Jack Dorsey’s surprise announcement on Monday (Nov. 29) that he would be stepping down as CEO of Twitter opens the door for a potential new chapter of innovation and growth under new Chief Executive and former CTO Parag Agrawal — one that perhaps sees a...
Merchants who want to sell plans that cover product failure and, in some cases, accidental damage should know that marketing language matters. Consumer interest in buying these plans varies by generation, with significant differences among age groups when it comes to the marketing terms they...
Amazon and the U.K. grocery chain Sainsbury’s have collaborated to offer consumers checkout-free shopping at a London supermarket. 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...
In today’s top retail news, Cyber Monday deals are few and far between as retailers spread their holiday promotions across several weeks, while PYMNTS data show that over two-thirds of Black Friday shoppers made online purchases at Amazon. Also, a new coronavirus variant is the...
When the National Retail Federation unveiled the “Cyber Monday” concept to the world in 2005, it was a well-intentioned retail strategy designed to not only draw attention to the then-nascent world of eCommerce, but to delineate it from its better-known in-store ancestor, Black Friday. Get...
U.S. retailers are bracing for a slower sales pace on Cyber Monday, in large part because shoppers are finding fewer and smaller discounts and limited selections because of continuing global supply chain snags, according to a Reuters report on Monday (Nov. 29). Get the Full...
In the jockeying between retailers, not just during the all-important holiday season but well beyond the end of December, the battle of giants usually comes down to Amazon, Target and Walmart. And a strategic weapon, increasingly, can be found in logistics. Get the Full Story...
Discovered in South Africa on Nov. 25 with the first North American cases appearing in days, the new COVID-19 variant designated as Omicron is living up to its more transmissible reputation — but it’s possible this mutation will be taken in stride by pandemic-hardened consumers....
