Retail

Retail
Gift Returns: The Holiday Hangover That Busts Retail Budgets, Overflows Dumpsters
December 28, 2021

Need to downsize that beautiful new couch that you adore but just doesn’t fit in your living room? Or offload that new pair of trousers with the unflattering pattern that your father-in-law gifted you this holiday? Get the Full Story Complete the form to unlock...

Retail
5 Ways Grocery Checkout Changed in 2021
December 27, 2021

In 2020, grocery shoppers adopted self-checkout more than ever before, motivated by contagion concerns prompting them to avoid face-to-face contact and seek out quicker ways to move through crowded stores. In 2021, this shift presented grocers with the opportunity to rethink their checkout options for...

Retail
Product Placement Goes to the Metaverse for Forever 21
December 27, 2021

Twenty-one years of age. A time when new opportunities are on the horizon and life is just beginning. 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...

Retail
Retailers Pin Hopes on NFTs as Impulse Play
December 27, 2021

Nonfungible tokens – NFTs – are complicated, to put it lightly. For many consumers and retailers alike, they’re hard to explain, hard to conceptualize, and hard to understand why there is demand is for them. In the meantime, there’s an emerging, fast-growing buzz around them,...

Retail
Online Sales Drive Holiday Spend — and Returns
December 27, 2021

What did holiday shopping look like this year? Well, we recently reported on how Mastercard — a company that just acquired Dynamic Yield from McDonald’s to personalize and contextualize offers to consumers — reports that retail sales overall were up 8.5% this holiday season (between Nov....

Retail
Mastercard: Online Sales Grew 11% , US Retail Up 8.5% This Holiday Season
December 26, 2021

A new Mastercard report released Sunday (Dec. 26) says holiday retail sales were up 8.5% this year for the time between Nov. 1 through Dec. 24. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
UK Retail Foot Traffic Down 45% from 2019 Boxing Day
December 26, 2021

The high infection rates from the COVID Omicron variant have had a dampening effect on the U.K. shopping scene around Christmas weekend, a report from Financial Times said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
The Three Pillars of Retail’s 2021 Digital Transformation
December 24, 2021

With 2021 ending shortly and 2022 kicking off soon, we thought now is a good time for retailers to hit pause. This article represents a time to reflect on how retail is becoming more consumer-driven in new and unexpected ways. From TikTok to Nike, we...

Retail
Touch This, Look at That: Why Ikea and Other Retailers Are Going Little and Local
December 22, 2021

Life may get a bit easier for urban, suburban and rural consumers alike who want to shop at a big-box retailer for big-ticket items like furniture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...