U.S. retail sales are anticipated to be up 5.5 percent outside of automotive and gasoline over the important back-to-school shopping season of July 15 to Sept. 6 compared to a similar timeframe in 2020, according to a Thursday (June 10) announcement that cited data from...
Shoppers are looking to vote with their dollars. Since the start of the pandemic, consumers have increasingly begun focusing on the environmental, social and governance (ESG) goals of the brands and retailers from which they shop. In fact, one recent report found that 83 percent...
If you’ve never been inside a Restoration Hardware location or listened in on an RH earnings call, you might not understand why this $15 billion furniture retailer has so differentiated itself from the pack that its stock has gone from $70 to $700 in the...
Faire, an online wholesale marketplace for retailers and brands, has landed $260 million in funding headed up by Sequoia Capital at a valuation of $7 billion. The infusion comes after the company announced its Series E round at a valuation of $2.5 billion in November,...
Miley Cyrus has joined telehealth platform Hims & Hers as a creative adviser, according to an announcement. 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 our...
In the wake of GameStop’s dual C-suite and better than expected first-quarter earnings announcements Wednesday (June 9), a strange thing happened to the embroiled specialty retailer: nothing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In today’s top retail news, Casey’s General Stores reported rising same-store sales, while text messaging upstart Attentive is purchasing Massachusetts-based Tone. Plus, video-streaming network Shopflix rolled out Wednesday (June 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Fresh on the heels of its $470 million March fundraise, text messaging startup Attentive announced on Wednesday (June 9) that it is acquiring Boston-based Tone, which specializes in artificial intelligence (AI)-enhanced human text message conversations. Get the Full Story Complete the form to unlock this...
With less than 10 days to go before the start of Amazon’s annual sales event, a growing list of counter-offers and promos from rival retailers could make this the most competitive Prime Day ever. Get the Full Story Complete the form to unlock this article...
