For older consumers, shopping is more about meeting basic needs than splurging on nonessential products to make them feel good. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Amid financial uncertainties, U.S. consumers are becoming more discerning in what nice-to-have retail products they are willing to indulge in, shifting their purchasing away from major retailers toward smaller brands, with clothing and accessories companies benefitting from this trend. Get the Full Story Complete the...
As inflation continues to erode purchasing power, financially unstable consumers, squeezed by higher prices on everything from groceries to gasoline, are increasingly turning to discount and value-focused retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Fashion retailer Michael Kors adopted Mastercard’s artificial intelligence-powered shopping assistant. 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 daily newsletter, PYMNTS Today. By completing this...
Don’t write any obituaries for the American shopping center just yet. 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 daily newsletter, PYMNTS Today. By completing...
It looks like there’s a generational paradigm shift in a key hosiery category — on platforms such as TikTok, viral videos depict a lighthearted sock war between millennials and Generation Z. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As clothing brands and retailers continue to struggle with the costly problem of returns, many are turning to artificial intelligence to help consumers buy products they will actually want when they arrive. Get the Full Story Complete the form to unlock this article and enjoy...
Walmart has begun rolling out digital shelf labels (DSLs) in its stores. 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 daily newsletter, PYMNTS Today. By...
As Amazon and Walmart compete for retail dominance, the two industry giants are implementing generative artificial intelligence across the supply chain to cut costs and boost profits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
