Retail

Retail
Patricia Nash Launches Resale Program Powered by thredUP
April 10, 2023

The handbag and accessory brand Patricia Nash is now using thredUP’s Resale-as-a-Service (RaaS) offering. With the launch of its new Rediscovered program, Patricia Nash joins 40 other brands offering resale programs through the fashion resale site’s RaaS offering, Patricia Nash said in a Monday (April 10) press release. “We have a...

Retail
Curbside-Only eGrocer Promises Last-Minute Flexibility for Convenience Seekers
April 10, 2023

As retailers seek ways to make eGrocery profitable, curbside-only stores are emerging. In an interview with PYMNTS, Alex Ruhter, co-founder and CEO of curbside grocer JackBe, which recently announced that it has raised $11.5 million in capital, noted that the model’s strongest advantage is its...

Retail
Amazon Ups Its Share of Health and Personal Care Spend to 6.1% in Q4 2022
April 10, 2023

Amazon is closing in on one of Walmart’s traditional areas of dominance — consumer spending on personal health items — as the two titans continue their contentious dance. As is seen in PYMNTS’ ongoing tracking of the battle for share in key categories between the two...

Retail
Praxis Tech Launches ‘One-Click Payments’ Solution for Merchants
April 10, 2023

Praxis Tech has launched a solution that enables “one-click payments” for merchants. The new Merchant Initiated Transactions (MIT) payment processing solution eliminates the need for manual entry of payment information, thereby streamlining the payment process, the provider of online payment solutions said in a Monday...

Retail
Consumer-Focused Investments Land Jay-Z on Forbes’ 2023 Billionaires List
April 10, 2023

Hip-hop artists Jay-Z has made it onto Forbes’ 2023 Billionaires List thanks to his savvy investments in a range of consumer-focused industries. According to Forbes, Jay-Z’s current net worth is $2.5 billion, which has more than doubled since he was named hip-hop’s first billionaire back...

Retail
TikTok Ban Threat Scares Off US Merchants
April 10, 2023

TikTok is reportedly having trouble attracting American merchants to its online shopping service. A report Monday by The Information says U.S. merchants are both more interested in expanding their brick-and-mortar operations and concerned that the government could ban TikTok, and with it, the platform’s burgeoning TikTok Shop feature....

Retail
Landing International and ClearForMe Streamline ‘Clean’ Beauty Product Procurement
April 10, 2023

Landing International and ClearForMe have partnered to help brands educate the retail beauty advisors who sell their products. By integrating Landing International’s online marketplace and ClearForMe’s database of ingredients, their combined offering will enable beauty advisors to more easily discover products with specific ingredients and...

Retail
ReserveBar Plots Online ‘Destination’ for Alcohol Sales
April 10, 2023

eCommerce platform ReserveBar has teamed with the Distilled Spirits Council of the United States (DISCUS). The partnership, announced in a Monday (April 10) press release, will let consumers who take part in Destination Distillery, a DISCUS tourism initiative, shop for their favorite brands of alcohol...

Retail
PC Shipments Suffer ‘Precipitous Drop’ in Q1
April 10, 2023

Shipments of personal computers fell earlier this year amid the economic downturn. That’s according to a report issued Sunday (April 9) by market research firm IDC, which found that worldwide personal computer (PC) shipments fell 29% year over year during the first three months of...