Retail

Retail
Kream’s Series C Funding Round Boosts Valuation to $742 Million in Reselling Marketplace 
March 23, 2023

Luxury resale platform Kream has secured $168 million in a Series C funding round, valuing the company at approximately $742 million, doubling its previous value of $306 million as of October 2021.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Levi’s to Begin Using AI Generated Models
March 23, 2023

Levi Strauss & Co.’s focus on digital now extends to the models wearing its jeans. 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 newsletter,...

Retail
Flash Launches Email Domain Designed for Online Shoppers
March 23, 2023

Flash has launched an email domain designed for online shoppers. 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 newsletter, PYMNTS Today. By completing this...

Retail
Mars CEO Aims to Double Sales by Investing in Pets
March 23, 2023

In a bid to double its sales, candymaker Mars is upping its focus on pets. 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 newsletter,...

Retail
Hermès Brings Scarcity Model to the Beauty Industry
March 23, 2023

Following a 15% increase in beauty and perfume sales last year, luxury fashion house Hermès is expanding its beauty category with all-new products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Nike, Dick’s Cross-Channel Sales Strategies Increase Sporting Goods Sales Potential
March 22, 2023

As overall retail sales slump, some sporting goods brands and merchants are demonstrating that health and wellness is anything but discretionary. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Jumia Expands to West Africa With Retailer Leroy Merlin
March 22, 2023

Pan-African eCommerce firm Jumia has agreed to sell retailer Leroy Merlin’s products in West Africa. 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 newsletter, PYMNTS Today. By completing...

Retail
Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
March 22, 2023

Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in China, Nike is finding itself in a better position than expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
GameStop Goes From ‘Brink of Bankruptcy’ to Profits
March 22, 2023

GameStop’s turnaround continued this week as the company reported its first profit in years. 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 newsletter, PYMNTS...