Retail

Retail
On Record-Setting Singles’ Day, L’Oréal, Nestle Among Big Winners
November 12, 2019

The numbers are in from Alibaba’s annual Singles’ Day online shopping event, and among the big winners are L’Oréal and Nestle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Look At The Pretty Pictures: Behind Visual Commerce’s Rise
November 12, 2019

Retail involves all senses, but as a new decade approaches, it’s become clear that visual commerce is gaining even more steam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Adidas To Shut Down Its Robotic Speedfactories in US, Germany
November 12, 2019

Adidas announced Monday (Nov. 11) that it will be closing its robotic “Speedfactories” in Atlanta and Ansbach, Germany, within 6 months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Amazon To Open First Branded Grocery Store
November 11, 2019

Amazon has confirmed it will open a new grocery store next year in California, according to a report by CNET. 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
Walgreens Edges Close To Going Private
November 11, 2019

Reports out indicate that Walgreens Boots Alliance is considering an offer from private equity firm KKR & Co. to take the firm private. The deal, if it goes through, could represent the largest ever leveraged buyout. Get the Full Story Complete the form to unlock this...

Retail
The Warby Parker Of Australia On Sustainable Eyewear’s Future
November 11, 2019

The global market for glasses is a big industry that is still growing. As of 2015, the total worldwide eyewear industry (encompassing both prescription glasses worn for vision and “fashion” eyewear like sunglasses) was worth roughly $90 billion, and forecasted to reach as much as $140...

Retail
Singles Day Breaks Record With $38B In Sales
November 11, 2019

Singles Day, which is Monday, Nov. 11 this year, has become one of the biggest eCommerce events around the world, thanks to its backing by China-based digital and mobile retail giant Alibaba, and the disposable income of that country’s massive consumer segment. And this year’s...

Retail
Tesco Launches Amazon-Style Subscription Program
November 11, 2019

Tesco is taking on the competition by adding a subscription option to its Clubcard loyalty program. 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...

Retail
Stepping Into High-Fashion P2P Innovation, On-Rental
November 08, 2019

Wardrobe, a peer-to-peer (P2P) fashion marketplace that gives users the chance to rent out designer and vintage items for a fraction of their purchase price, has recently debuted amid many competitors with similar concepts. The company brings two new ideas to the table: replacing warehouses...