News

Retail
Smaller Grocers Playing Loyalty Catch-Up
October 13, 2022

A shift is emerging between grocers that have the resources and the scale to make a subscription model possible, and smaller brands for which a more traditional loyalty model is still the most effective tool within their reach. Get the Full Story Complete the form...

Retail
Walgreens Charts Simplified Future as ‘Consumer-Centric Healthcare’ Company
October 13, 2022

In what could be characterized as the latest entry in the “COVID-19 Changed Everything” file, Walgreens Boots Alliance said Thursday (Oct. 13) that it is simplifying its operations under three business segments as part of its transformation to become a “consumer-centric healthcare” company. Get the...

Retail
Ikea Pushes Affordability as Inflation Looms
October 13, 2022

Home furnishings company Ikea said retail sales have picked up over the past year as the world has reopened, but inflation has led to higher prices and supply chain issues have made it difficult to put products on the shelves. Get the Full Story Complete...

Retail
Fast Retailing Reports Record Results as Demand for Clothing Rises 
October 13, 2022

Japan-based apparel manufacturer and retailer Fast Retailing, owner of the Uniqlo brand, achieved record performance during the year ended Aug. 31, generating record revenue and operating profit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Affirm Sees Holiday Shift to ‘Intentional Gifting’ and Lower Spending
October 13, 2022

Buy now, pay later (BNPL) giant Affirm expects consumers to start their holiday shopping early this year, look for discounts and dial back their spending on gifts for co-workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Victoria’s Secret Looks to Woo ‘Broader, More Loyal’ Base
October 13, 2022

Victoria’s Secret will meet with investors and analysts Thursday (Oct. 13) as the lingerie and beauty product company looks to ignite growth after a rocky summer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Retail Weekly: Consumer Demand Slows in Europe, MENA Accelerates Omnichannel
October 13, 2022

In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell 0.2% in August for a 1.3% year-on-year decline. A more significant decrease was observed in the eurozone, where the figures...

Investments
Venture Fund Backing Already Tops 2021
October 13, 2022

Investors backed venture funds with more money so far this year than all of 2021, with a flurry of activity in recent months that offset a cooling period at the start of 2022 with the decline of tech stocks.  Get the Full Story Complete the...

Security & Fraud
AI Provides Context Needed to Help Banks Stop Financial Scams
October 13, 2022

In a recent conversation with Karen Webster, Featurespace Founder Dave Excell and MidFirst Bank Vice President and Director of Enterprise Fraud Candler Eve sounded the alarm in the battle against payments fraud. Get the Full Story Complete the form to unlock this article and enjoy...