Retail

Retail
Drizly’s Dramatic Year
December 17, 2018

Alcohol is a surprisingly difficult thing to sell digitally, because there are some very specific rules on who can sell it and who can buy it. The most obvious limitation is consumer age: In the U.S., no one under 21 years old is legally allowed...

Retail
Resellers Find Treasure Trove In Returned Goods
December 17, 2018

The holiday season brings in a staggering number of returns for eCommerce sales: According to estimates from CBRE, online returns could reach $37 billion amid the gift-giving season. Some of those unwanted items, however, don’t end up being resold by retailers themselves. They fall into...

Retail
Core Retail Sales Grew 0.9 Percent In November
December 17, 2018

With declining gas prices, consumers in the U.S. apparently felt free to spend money on other goods and services. One indicator of retail sales, which is known as control retail sales, rose in November and surpassed expectations, the Financial Times reported. Get the Full Story...

Retail
Olympic Store Debuts On Tmall
December 17, 2018

The International Olympic Committee (IOC) and Alibaba Group have announced the launch of the first-ever Olympic store on China’s Tmall. 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...

Retail
Thinking Outside The Holiday Gift Box
December 15, 2018

The Christmas countdown is upon us. And with just single-digit shopping days left, the countdown is on to find that perfect gift for those hard-to-buy-for people on your list. So, too, is the pressure to buy for those whose tastes may run to the peculiar,...

Retail
New Instagram Feature Will Tell Brands About Bookmarked Products
December 14, 2018

Instagram is working on a shopping feature that would tell brands which products users are bookmarking, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Marxent’s Move To Make Furniture Shopping More Immersive
December 14, 2018

The importance of a good image — or a strong series of images — cannot be underestimated in eCommerce. In online shopping, choice is informed by what customers see on the screen before them — and if it doesn’t look good the odds aren’t very...

Retail
Restaurants Turn To Tech For Old-Fashioned Customer Service
December 14, 2018

To ensure that their customers can find a server when they want a second round of drinks or another menu item, restaurants and hospitality concepts are turning to new innovations. Richmond, Virginia’s Tang & Biscuit, a shuffleboard social house, has call buttons – provided by...

Retail
Retail Pulse: Starbucks Opens NYC Roastery; Amazon Eyes London For Amazon Go
December 14, 2018

Retailers are bringing experiential stores to big cities, and Starbucks is no exception: The coffee chain was set to open its Starbucks Reserve Roastery New York City on Friday (Dec. 14). The 23,000-square-foot space, which is Starbucks’ fourth location for the concept, is described as an...