Retail

Retail
Farfetch Acquired by Korean eCommerce Giant Coupang
December 19, 2023

Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. 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 daily newsletter, PYMNTS Today. By completing...

Retail
Kroger’s Home Chef Partners With Delish as Grocers Monetize Recipe Content
December 18, 2023

As grocers seek ways to monetize consumers’ enthusiasm for digital culinary content, Home Chef is partnering with Delish to create meal kits based on the popular food media brand’s recipes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Unilever Sells Q-Tips and Other Brands to Yellow Wood
December 18, 2023

Unilever is set to sell Q-Tips and a number of its other personal care and beauty brands. 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 daily...

Retail
H&M Loses Market Share in Fast Fashion, Pivots to Target New Spenders 
December 18, 2023

As the fast fashion race heats up, H&M has more than just Shein to worry about. With contenders like Zara vying for the spotlight and snatching up market share, H&M is now forced to reevaluate its strategy.  Get the Full Story Complete the form to...

Retail
Zalando Aims to Boost Membership With Exclusive Shopping Invitations 
December 18, 2023

As prices go up, people are cutting back on things they don’t really need. Retailers can keep customers spending by offering attractive perks through memberships. In simple terms, with the right mix of rewards and exclusivity, smart retailers can make people see their spending as...

Retail
Consumers Need Incentives to Pick Pay-by-Bank Options
December 18, 2023

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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Retail
How Elf on the Shelf Co-Founder Turns Tradition Into Retail Success
December 16, 2023

The Elf on the Shelf is a popular tradition created by Carol Aebersold, Chanda Bell and Christa Pitts of The Lumistella Company in 2005 after the launch of “The Elf on the Shelf: A Christmas Tradition,” a book that includes a Scout Elf and an...

Retail
H&M Steers Upmarket to Pull Away From Shein
December 15, 2023

Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Cash-Strapped Consumers Are Still Buying Small Indulgences
December 14, 2023

There is an economic theory that can be traced back to the Great Depression of the 1930s: the Lipstick Effect, which suggests that even in the toughest economic times, consumers will still spend money on small indulgences such as lipstick.  Get the Full Story Complete...