Retail

Retail
H&M Steers Upmarket to Pull Away From Shein
December 15, 2023

Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Cash-Strapped Consumers Are Still Buying Small Indulgences
December 14, 2023

There is an economic theory that can be traced back to the Great Depression of the 1930s: the Lipstick Effect, which suggests that even in the toughest economic times, consumers will still spend money on small indulgences such as lipstick.  Get the Full Story Complete...

Retail
Chewy Launches Vet Service as Consumers Keep Spending on Pets
December 14, 2023

Pet products retailer Chewy is launching “Chewy Vet Care,” a network of pet health practices. 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....

Retail
Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
December 13, 2023

A slowdown in luxury spending, combined with excessive inventory levels for the holiday season, has reportedly prompted fears of a discounting spiral that could cheapen the image of luxury brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Kroger, GE Launch In-Oven Shopping as Grocers Tap Contextual Commerce
December 13, 2023

As grocers increasingly tap contextual commerce, Kroger is making it possible for consumers to place orders for ingredients directly from their ovens’ touchscreens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Brands Capitalize on FSA Spending to Boost Holiday Sales 
December 13, 2023

Although consumers are making purchases, the reluctance to spend remains prevalent. 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
Convenience Retail Giants Drive App Adoption in Bid for Incremental Sales
December 12, 2023

The world’s largest convenience store chains are leveraging their apps to drive traffic and personalize their marketing to consumers’ individual habits and preferences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
December 11, 2023

Nestle, the maker of Quality Street, and Mondelez, the owner of Cadbury, are experiencing increased sales of confectionery in the United Kingdom this holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
December 11, 2023

Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...