Experiential retail is everyone’s favorite buzzword of late, but American Girl mastered this concept a long time ago. About twenty years earlier, in Chicago, Illinois, the first American Girl Place flagship store opened. Followed in short order by locations in New York and Los Angeles, the Mattel-owned...
Poshmark — one of the internet’s better-known marketplaces for the purchase, sale and sharing of clothing — has snapped up $87.5 million in Series D funding, according to Wednesday (Nov. 14) reports by Forbes. The investment round was led by Singapore-based investment company Temasak, with additional participation from...
The problem with millennials is that they just won’t sit still and stick with the cultural definitions they’ve been given. Three years ago, millennials were the “experience-oriented” customers who preferred buying experiences to things. Among points of proof for that claim: millennials’ extreme enthusiasm for eating...
While many retail establishments saw their earnings blown down by the double punch of hurricanes Harvey and Irma, home improvement supplies company Home Depot was actually bolstered by them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
One of the largest publicly traded U.S. shopping mall owners may be going private, according to news from CNBC. 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...
Lingerie retail has become a stunningly competitive world online. True & Co., Negative Underwear, ThirdLove and Brayola are just a few of the brands out there promising customers a better fit, a better feel and a better experience buying underwear. But Adore Me, which launched in 2014, set its sights...
Brick-and-mortar retailer of arts and crafts supplies, A.C. Moore, is making a big push into digital. 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...
While American retailers are gearing up for the one-two punch of Black Friday and Cyber Monday, the biggest shopping day in China’s year has already come and gone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Can good food restore consumers’ appetite for brick-and-mortar retail? Luxury brands seem to hope so, with several designers introducing food experiences in an effort to gain an edge in the increasingly challenging realm of physical retail. Get the Full Story Complete the form to unlock...