Video game and console retailer GameStop said on Monday (April 5) that it is looking to issue 3.5 million new shares of stock at current market prices in a move that would reap over $600 million at current prices to “further accelerate its transformation.” Get...
At a time when the pandemic-fueled surge in online shopping has led to record eCommerce sales, new research from digital experience software firm Sitecore shows that consumers’ expectations are also at an all-time high and that they are very unforgiving when things don’t go smoothly....
Foot traffic is returning to brick-and-mortar stores after an unprecedented year of pandemic-fueled online shopping, according to a Monday (April 5) report in smallbiztrends.com, citing Zenreach data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Fast-growing British cosmetics firm Revolution Beauty has kicked off a month-long global social commerce search for its next new makeup artist and model via a viral TikTok campaign that includes a $100,000 prize and a new product line launch for the winner. Get the Full...
Just three weeks after its initial public offering (IPO), sewing and arts and crafts retailer Joann said its same-store sales rose 21 percent for the three months ending Jan. 30, while its omnichannel revenues jumped 194 percent, albeit down from the 350 percent digital growth...
The augmented reality (AR) platform BEERSCANS is looking to advance the craft beer industry with packaging to entertain people as they sip. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It has been a big year for direct-to-consumer (D2C) commerce. As consumers turned to online channels to fulfill retail needs that they had previously primarily fulfilled in-store, brands have had an opportunity to take advantage of the digital shift’s acceleration to drive D2C sales. Existing D2C...
At a virtual Food Marketing Conference, Kevin Holt, CEO of Ahold Delhaize USA (ADUSA), told attendees that the company is looking for more seamless, convenient ways to target today’s “connected customer,” reported Supermarket News. Get the Full Story Complete the form to unlock this article...
In today’s top retail news, Kohl’s present board is seeking re-election amid an activist challenge, while Backflip has left stealth mode and officially rolled out. Plus, Guess anticipates that sales and earnings will double by 2025. Get the Full Story Complete the form to unlock...
