Retail

Retail
Rebag CEO on Why the Future of Resale Is Diversification
November 23, 2023

As inflation takes its toll on consumer spending, luxury consignment stores are grappling with the effects, witnessing a notable increase in the challenges associated with high-end fashion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Nordstrom’s Off-Price Destination Falls Short on Value
November 22, 2023

Nordstrom, once known for its opulent runway and exceptional service, is increasingly delving deeper into substantial discounts to navigate financial challenges. But is it working? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Retailers Expect Interest Rates and Inflation to Slow Holiday Spending
November 21, 2023

Retailers are reportedly bracing for a tough holiday season, with economic demand slowing and outlooks mixed. 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
Walmart Adds Parcel Stations for Faster Home Delivery
November 21, 2023

Walmart is beginning to add parcel stations to its stores that serve as delivery hubs. 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
As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
November 21, 2023

As customers embrace value, Best Buy is emphasizing promotions and in-store experiences, aiming to create compelling reasons for them to make it to the checkout counter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Dick’s Sporting Goods Says Omnichannel Shoppers Spend Twice as Much
November 21, 2023

Athletes who shop through multiple channels are driving sales growth at Dick’s Sporting Goods. 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
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
November 21, 2023

As temperatures stayed warm in September and October, Kohl’s discovered that it had a surplus of its cold weather inventory beyond what was initially expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Kohl’s, Simon Property and Klarna Sprinkle AI Magic to Boost Holiday Spend 
November 21, 2023

The addition of artificial intelligence (AI) is proving to be a holiday miracle for brands, retailers and even payment providers, reshaping the way they connect with consumers.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
November 21, 2023

The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use — compared to $1,160 in 2022. Meanwhile, spending on gifts will rise modestly and average about $1,000. Get the Full Story...