Retail

Retail
Social Media Personalities Gain Brand Partnerships for Rejecting Trends
January 12, 2024

In the world of social media, influencers have been joined by deinfluencers. 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...

Retail
Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime
January 12, 2024

From Walmart looking to be a personal shopping concierge to Amazon expanding its Buy with Prime to more platforms and leveraging tech to help consumers manage their healthcare, the two retail giants faced off this week with news of tech with a personal touch that...

Retail
Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
January 11, 2024

Despite the monthly inflation rate staying below 4% from June 2023 to November 2023, stagnant wages and rising prices have prompted consumers to adjust their purchasing habits.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
DoorDash Adds Five Retailers to On-Demand Delivery Marketplace 
January 11, 2024

On-demand delivery platform DoorDash has added five new retail partners to its marketplace.  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...

Retail
Grocers Tap Digital Deals to Drive Omnichannel Engagement Amid Ongoing Pressures
January 11, 2024

As consumers’ grocery budgets continue to be pressured by years of inflation and other economic challenges, merchants are tapping digital deals to drive omnichannel adoption, and in turn to boost customers’ lifetime value. Get the Full Story Complete the form to unlock this article and...

Retail
Is Rent the Runway Struggling or Strategically Recalibrating? 
January 11, 2024

Rent the Runway, a fashion rental company, has undergone adjustments, including a 10% reduction in its corporate workforce. However, the question arises: Is this indicative of a struggling company, or is it merely a recalibration? Get the Full Story Complete the form to unlock this...

Retail
RetailMeNot Says Consumers Start With Deals and Stay for Brands or Retailers
January 11, 2024

In the narrative of the retail scene, the consistent theme over the last two years has been the influence of inflation on consumer spending. However, this impact extends beyond the mere allocation of funds, as promotions and discounts have now become even more integral to...

Retail
Retail Federation Says Consumers Kept Spending in December
January 10, 2024

American retailers had a happy holiday, according to new National Retail Federation (NRF) data. 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...

Retail
H&M Embraces Localization Strategy Through Small Concept Stores
January 10, 2024

As H&M focuses on a new consumer group, the fast-fashion retailer is set to open a store on King’s Road in Chelsea, London, in spring, responding to fashion demand.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...