In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make it easier for people to shop without having to pony up cash right away. It was called layaway. Get the...
Sustainable fashion was “in” this year – with all make and manner of new and established brands advertising their clothes/shoes/accessories designed to be environmentally sustainable, particularly given how incredibly polluting the fashion industry is in terms of land use, water use and the 21 billion...
Joe Clark remembers that when he was growing up, his parents belonged to the local art museum, and one of the perks of membership was that the museum had a collection members could borrow from, “kind of like a library book.” As a result, his...
With the growth of eCommerce sales, the number of products consumers are sending back to retailers is on the rise. As $50 billion in profits is left on the table each year, merchants are seeking new ways to contend with the problem, CNBC reported. Get the Full...
Make sure you give your best smile when you are shopping in 2020. That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. Get the Full Story Complete the form to unlock this...
In a move that was not announced due to concerns that anti-China sentiment in Vietnam could lead to potential pushback, China’s Ant Financial has quietly taken a significant share in the Vietnamese eWallet eMonkey. Ant Financial is a FinTech affiliate of the eCommerce company Alibaba...
The biggest shopping day of the year, despite the shorter holiday shopping season, will be the Saturday before Christmas, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When the ball drops and Americans ring in the New Year in a little under two weeks there are some things we can collectively count on happening: “Auld Lang Syne” will play, people will cheer and kisses will be exchanged. But what fewer people will be...
To make the fourth-biggest carmaker by output in the world, Peugeot owner PSA and Fiat Chrysler have come to a merger pact. The two firms said they have inked a “combination agreement” that would create an “industry leader” with the ability to back new technologies...
