Peer-to-peer (P2P) payments are revolutionizing the retail landscape, with major players ranging from Starbucks to eBay embracing the capability to offer consumers more convenient and flexible payment options. The May edition of the PYMNTS Intelligence Real-Time Payments Tracker® Series Report, “P2P Payment Potential: Promoting Convenience...
Zara is reportedly bringing its live-shopping broadcasts — already popular in China — to the U.S. The fast fashion brand is aiming for new ways to attract shoppers as sales cool following a post-pandemic boom, Reuters reported Monday (June 3). The report noted information from...
As with Mother’s Day last month, consumers have a little less to spend on Dad for Father’s Day this year. Last year saw Americans spend record amounts for both holidays, but this year, Father’s Day spending is expected to dip a bit, the National Retail Federation (NRF) said Monday...
Lawmakers in California want to put some checks on the use of self-checkout. As a recent Wall Street Journal editorial noted, the state’s Senate has just passed a bill that would limit self-checkouts at supermarkets and drugstores. The legislation would change the current system —...
Retail brands are looking to the silver screen to get shoppers excited, so roll out the red carpet for PYMNTS weekender’s roundup of the quirkiest tie-ins of the month. Oreo, for instance, is taking it out of this world with a Lucasfilm partnership, releasing Star...
For secondhand goods marketplaces to function, they need to attract sellers, and those who want to resell items care about more than whether there are going to be buyers — they want it to be easy. By the Numbers The March edition of the PYMNTS...
As Amazon looks to make a dent in Walmart’s share of consumer grocery spending, the eCommerce company is joining the list of retail giants making widespread price cuts to common food items as shoppers seek the best bargain. The online marketplace’s Amazon Fresh grocery division...
Costco is weighing a raise in its membership fee, and plans to add new warehouses and expand partnerships amid rising sales, the retailer said Thursday (May 30) in its quarterly earnings report. During the quarter ended May 12, Costco’s net sales increased 9.1% year over...
Nike’s layoffs have reportedly impacted employees in the company’s archive that stores shoes, gear and other artifacts from the brand’s history. Some members of the small team at the Department of Nike Archives (DNA) have been laid off, Bloomberg reported Thursday (May 30). DNA was...
