Retail

Retail
Retailers Embrace Early Holiday Shopping to Combat Tangled Supply Chains
October 06, 2021

The witches have barely had a chance to ride their broomsticks, but retailers are already hearing sleigh bells, rolling out holiday shopping deals earlier than ever as inflation continues to push prices higher and myriad supply chain issues lead to inventory shortages across the board....

Retail
Social Media Influencers, Once Mocked, Now ‘A Core Strategy’ for Brands
October 06, 2021

Social media has taken over much of the way people interact with the world, as demonstrated by the panic induced by Facebook’s recent hours-long outage, and shopping is no different. Consumers look to social media to figure out the latest trends, what to buy and...

Retail
Mastercard: September Retail Sales Growth Led by Apparel, Jewelry
October 06, 2021

Total U.S. retail sales have increased year over year every month since September 2020, while consumer spending continues to recover as the holiday season approaches, according to the latest edition of Mastercard SpendingPulse released on Wednesday (Oct. 6). Mastercard SpendingPulse measures in-store and online retail...

Retail
Walmart GoLocal Signs Home Depot as First Retail Client
October 06, 2021

The Home Depot has signed a deal with Walmart to utilize the box store giant’s GoLocal service for same-day or next-day delivery on many of its home improvement products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Gen Z Fashion Retailer Pacsun Now Accepts Crypto
October 05, 2021

Youth fashion retailer Pacsun will accept bitcoin and other cryptocurrencies using 10-year-old blockchain payment provider BitPay, according to a Tuesday (Oct. 5) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Amazon’s Grocery Footprint Grows with Amazon Fresh Expansion
October 05, 2021

Amazon Fresh appears to be continuing its slow, furtive expansion, giving little hint as to the long-term vision for the brand. Last week, news broke of two possible new locations, each of which would be in a market previously untapped by the grocery brand. Get...

Retail
Today in Retail: Target Offers Bonuses for Working Holiday Rush; Rent the Runway Prepares for...
October 05, 2021

In today’s top retail news, Target plans to boost the hourly pay of employees working certain high-traffic hours ahead of the holidays, while Rent the Runway’s initial public offering (IPO) filing reveals recovering subscriber numbers as the pandemic wanes. Also, Best Buy launches a new...

Retail
Emotional Attachment to Brands Outweighs Price Concerns, Says PepsiCo CEO 
October 05, 2021

As businesses continue to struggle against supply chain and labor shortages, the growth of PepsiCo’s food and beverage categories has outpaced the market as a whole, even as the brand has raised prices to accommodate these challenges.   Get the Full Story Complete the form to...

Retail
Best Buy’s New Membership Offers Unlimited Tech Support, New Product Access
October 05, 2021

Best Buy is launching a new nationwide membership program, Totaltech, that offers unlimited technology support, along with access to products that could be hard to come by as the holiday shopping season kicks into full gear. Get the Full Story Complete the form to unlock...