The world’s second biggest fashion retail firm, H&M, is shuttering its independent brand Cheap Monday, the company said on Tuesday (Nov. 27), as reported by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cyber Monday turned out to set a record, with sales expected to be $7.9 billion in the U.S. alone. 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...
On Nov. 24, holiday consumers and small businesses celebrated the ninth annual Small Business Saturday. The event, created by American Express as an offshoot to Black Friday, brought in an estimated $17.8 billion, according to surveys commissioned by the company. This brings the estimated total spending on...
The nation’s top 10 shopping apps had a strong showing in Apple’s App Store during the Black Friday shopping weekend, with the combined apps adding half a million first-time users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The great pop-up shop party has another attendee. According to reports, Payless has opened up its first pop-up shop in New York City, located between Times Square and Bryant Park. And New York is just the starting point — Payless is all-in on pop-ups this season,...
For most consumers in the U.S., it is not the time of year to think about swimsuits. The weather has turned cold, except for a few perennially sunny pockets – and that means shoppers are much more likely to be considering wool sweaters, hats and...
For some consumers, no trip to the gas station is complete without a stop at the convenience store for candy or snacks. And for others, mobile apps can help encourage them to buy these kinds of sundries after filling up at the pump. While apps...
Kering is gearing up to offer its own luxury eCommerce sites within the next two years, ending existing joint-venture efforts and bringing such operations in house, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With the movement to shop online going on unabated, foot traffic to U.S. stores during Thanksgiving and Black Friday declined year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...