News

Retail
Livestreamed Commerce Hits the Streets With Debut of Digital Window Shopping
November 23, 2022

Shoppers in New York City accustomed to browsing the decorated storefronts of Manhattan’s busy shopping district are about to get a glimpse of the future as livestreamed window shopping will make its debut Wednesday evening (Nov. 23) in the nation’s largest city. Get the Full...

Retail
NYC Dethrones Hong Kong as Most Expensive Retail Center
November 23, 2022

Continued COVID-19 restrictions in China have stripped Hong Kong’s famed luxury district of its title as the world’s most expensive retail destination, a mantle that now belongs to New York’s Fifth Avenue. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Overstock Taps Influencers and Ads to Get Customers ‘Comfy’ With Rebrand
November 23, 2022

Where once there was a liquidator that morphed into a mixed merchandise retailer, the Overstock.com of late 2022 is using the tools of the digital retail trade to complete its transition to a home-focused eCommerce operation tapping social and mobile to steady the ship. Get...

Retail
Nordstrom Hurt by Soft Demand From Lower-Income Shoppers
November 23, 2022

Cost-conscious shoppers continue to shy away from Nordstrom, with the luxury retailer still feeling the effects of a paycheck-to-paycheck economy in the form of declining sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Calls For Regulation Intensify as UK Crypto Scams Jump 45%
November 23, 2022

From trading at less than a dollar in its first few years of existence to over $60,000 in late 2021, the story of bitcoin’s meteoric rise has often been used by scam artists as bait for inexperienced investors looking to make huge gains in the...

Loyalty & Rewards
ALDI Turns to Social Media to Boost Loyalty Program
November 23, 2022

As grocers compete for shoppers’ loyalty across digital and physical channels, the bar for building relationships with customers is getting higher. Yet, a traditional rewards program is not the only route to do so, as discount grocer ALDI has found. Get the Full Story Complete...

Wearables
New Data Shows Wellness Is Leading the Way on Wearables
November 22, 2022

Wellness and wearables go together like watches and wrists, like rings and fingers, but they’re far more than digital status symbols. Wellness is bringing out the true utility of these trendy devices as innovation in the wearables space shows, borne out by new research. Get...

eCommerce
MENA Platforms Leverage Social Commerce to Appeal to Connected Consumers
November 22, 2022

In Egypt’s eCommerce market, two retail models sit side by side. 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...

Mobile Payments
Venmo Offers Help for High Inflation Holidays
November 22, 2022

With Americans preparing to enter a holiday shopping season they might not be able to afford, Venmo has debuted a pair of tools it says are designed to help consumers spend smarter. Get the Full Story Complete the form to unlock this article and enjoy...