Just a week after an earnings report that exemplified Walmart’s omnichannel successes, the company is placing a big bet that its delivery network can outshine other last-mile options available to retailers and merchants, including the delivery services of rival Amazon, as it looks for ways...
While many industry watchers saw Macy’s partnership with Toys R Us as a category expansion that will help the omnichannel retailer bring more customers online and in-store — which it likely will — the collaboration may also be a big first step toward challenging Amazon,...
Beauty tech solutions provider Perfect Corp. on Tuesday (Aug. 24) announced a partnership with Avon México that will integrate augmented reality (AR) and artificial intelligence (AI) through facial analysis technology in its YouCam Makeup app for more personalized consumer shopping experiences. Get the Full Story...
Best Buy’s domestic online sales dropped more than 28 percent in the second quarter after a 242 percent jump the previous year, but the company on Tuesday (Aug. 24) reported increases in its enterprise revenue, domestic revenue and international revenue. Get the Full Story Complete...
Urban Outfitters Inc. is launching the Nuuly Thrift app for secondhand goods, the company said Tuesday (Aug. 24), initiating an online resale marketplace for clothes customers no longer want. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top retail news, Target is expanding its partnership with Disney to add more than 160 new shop-in-shops across the U.S., and Francesca’s CEO Andrew Clarke tells PYMNTS “there is no playbook” for retailers post-pandemic. Also, Chinese eCommerce giant JD.com is seeing a jump...
Chinese supply chain-based technology and service company JD.com, Inc. on Monday (Aug. 23) reported $39.3 billion (253.8 billion yuan) in net revenue for the second quarter of 2021, up 26.2 percent from the previous year, and net service revenues of $5.3 billion (34.1 billion yuan),...
As consumers increasingly turn to eCommerce and as consumer packaged goods (CPG) brands look to make more direct connections with their customers, many have turned to direct-to-consumer (D2C) channels to cultivate trust and gain better insight into who buys their products. Get the Full Story...
Francesca’s CEO Andrew Clarke told PYMNTS that the traditional seasonality and calendar mindset of what a customer wants at a particular time of year “has been completely upended.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...