Shoppers are showing the power of the pocketbook by rebuffing efforts by some apparel retailers and department stores to raise their prices as inflation continues at its highest level since the 1980s, and consumers scale back on the spending that had been on the rise...
H&M is tackling the competition in fashion by selling external fashion brands on its central website in Sweden and Germany, with plans on the table to add additional labels and geographic markets, according to media outlets. Get the Full Story Complete the form to unlock this...
German startup Payrails raised $6.4 million to continue developing financial operations software for payments and financial services tailored to enterprises, according to media reports on Thursday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Instacart has joined forces with Office Depot to begin offering same-day delivery, part of an ongoing effort by the grocery delivery platform to expand its selection of goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Daylight savings time has sprung ahead, it’s a tad warmer each day, and COVID-19 is receding in most places. We’re heading out to shop and dine again — and when we do, we’re going mobile. Get the Full Story Complete the form to unlock this...
Consumer demand for digital convenience may be continuing to rise, but eGrocery channels are nonetheless far from a sure bet. Ocado Retail, the joint venture between Hatfield, United Kingdom-based grocery technology firm Ocado Group and London-based retailer Marks & Spencer, has been seeing its performance...
Kyash has raised 4.9 billion yen ($41 million) in a Series D funding round, the Japanese digital banking startup announced Thursday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Target and Amazon on Thursday (March 17) both announced environmentally friendly store models, according to company press releases. 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...
To put it mildly, Warby Parker’s first six months as a public company have been a disaster. 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...
