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...
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...
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...
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,...
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...
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...
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...
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...
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...