Backflip has come out of stealth mode and officially rolled out. The rollout comes after a beta phase in which the company, which lets consumers sell old or used electronic devices, paid out more than a half a million dollars to its clients, according to...
CarMax, the country’s largest chain of over 200 used car dealerships, said Thursday (April 1) it planned to return capital investment to pre-pandemic levels with plans to open 10 additional stores, grow its digital efforts and fund the $400 million full acquisition of auto-industry data...
After closing the books on what it called “a challenging but rewarding year,” Los Angeles-based apparel designer and retailer Guess reiterated its long-term strategic plan in its earnings report on Wednesday (March 31) and said it still expects to nearly double its sales and earnings over...
Kohl’s current board asked shareholders to vote for “all of Kohl’s highly qualified director nominees” amid a challenge from activist investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
At a time of surging interest in secondhand apparel or recommerce, the country’s leading luxury resale platform The RealReal has unveiled a new line of upcycled clothing made from items donated by eight fashion design partners. Get the Full Story Complete the form to unlock...
Consumers in the U.K., much like consumers most everywhere, have gone decidedly digital in the last 12 months, a fact demonstrated by the numbers in the recently released PYMNTS/Cybersource Global Digital Shopping Index U.K. Edition. Close to half of all U.K. consumers — 46 percent —...
It’s been a huge year for eCommerce innovation in the grocery industry. Digital-native online grocers have been expanding, while leading national and international supermarket chains have been rolling out new digital features, reinventing themselves and beginning to establish the omnichannel experience of the industry’s future....
In today’s top retail news, Chewy, Inc. registered a 51 percent year-0ver-year increase in net sales for its fiscal fourth quarter of 2020, Walgreens said its least earning results were hit by an “exceptionally weak cough, cold and flu season.” Plus, Lululemon reported that the...
The car buying craze is on. According to recent reports, consumers are snapping up new vehicles at pre-pandemic levels, as a massive case of FOMO (fear of missing out) seems to be sweeping the entire commerce landscape. Get the Full Story Complete the form to...
