Retail

Retail
Retailers Raise Annual Forecasts After Strong Black Friday Sales
December 01, 2023

Retailers are reportedly expressing optimism for the holiday season sales following stronger-than-expected figures during Black Friday and Cyber Monday.  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
Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks Off
December 01, 2023

Despite economic uncertainty, consumers have been spending in the week after Thanksgiving to complete a portion of their holiday shopping and take advantage of the best deals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Report: Negotiations Continue After Neiman Marcus Rejects Saks Takeover Bid
December 01, 2023

Neiman Marcus has reportedly rejected a $3 billion takeover bid from Saks Fifth Avenue. 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...

Retail
Express CEO Admits Product Assortment Failed to Connect With Customers
December 01, 2023

This quarter, fashion retailer Express is looking at merchandise discounts to draw in more shoppers.  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,...

Retail
Ulta Rings up Beauty Value for Shoppers
December 01, 2023

Ulta Beauty is delivering bargains and luring customers. 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...

Retail
Amazon Amps Up AI Efforts, While Walmart Takes a Shoppable Blockbuster Approach
December 01, 2023

This week, eCommerce giant Amazon rolled out a new slew of artificial intelligence (AI) tools, giving brands and retailers a chance to upgrade their customer experiences without breaking the bank. Mega retailer Walmart, on the other hand, is hoping to draw more shoppers with a new blockbuster debut. ...

Retail
Mastercard Debuts AI-Powered ‘Muse’ to Offer Shoppers Inspiration
November 30, 2023

Mastercard has introduced a generative artificial intelligence (AI) tool that acts as a personal assistant for shoppers. 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
Retailers Adopt ‘Returnless’ Policies to Cut Costs and Boost Satisfaction
November 30, 2023

Retailers are increasingly adopting “keep it” or “returnless” policies for unwanted products. 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...

Retail
The Year That Led to Farfetch’s Earnings Call No-Show 
November 30, 2023

After a year filled with surprising developments, Farfetch appears to be continuing its trend of unexpected moves. The online luxury retailer revealed this week that it will not be disclosing its financial results for the third quarter of 2023, and the scheduled conference call for...