As the busiest shopping season of the year gets underway, retail CFOs are facing shrinking profit margins as their companies offer more markdowns to drive sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In the face of consumers’ ongoing price concerns, grocers are leveraging rewards and other digital offers to drive sales and maintain loyalty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
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...
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...
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...
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...
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...
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...
South Africa’s car buying market will get more financing options, thanks to automotive technology company Autochek’s new service. 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...