Water should be free — so why do we pay to drink it? That’s the question that’s being asked by Austin-based startup FreeWater as it pushes to make not only water but other products free across the globe. To generate revenue, FreeWater uses a strategy...
Shares of luxury eCommerce retailer Farfetch have been on the rise. The British luxury goods merchant’s shares rose as much as 15% Friday amid elevated trading volume, Seeking Alpha reported Friday (June 9). The company’s shares have risen more than 40% over the past month and 30% since the...
Brands and retailers want to boost consumer engagement and loyalty and are willing to go into other mediums, even if there isn’t any publicized data on its conversion results. The latest retailer to make that gamble is J.Crew. In celebration of J. Crew’s 40th anniversary,...
Walmart plans to make a tenfold increase in the number of HIV-specialty pharmacies it offers. The retailer launched about half a dozen of these facilities in 2021 and now plans to build the total up to 80 by the end of 2023, CNBC reported Friday...
Over the years, GameStop, once a haven for video game enthusiasts within shopping malls, has experienced a tumultuous journey filled with highs and lows. GameStop’s story began in 1984 when it was established as Babbage’s, a small software retailer. Over time, the company expanded its...
In recent years, sustainability has become a hot topic across various industries, including the retail sector. Companies are increasingly under pressure to adopt environmentally friendly practices and reduce their carbon footprint. However, the question remains: Are sustainable practices a drain on finances or do they...
Nike products will again be available at Designer Shoe Warehouse. The brand had stopped selling its products to the retailer as it focused on its own direct-to-consumer (D2C) efforts, but Designer Brands CEO Doug Howe announced during a Thursday (June 8) earnings call that the...
When it comes to the share of online retail spend, there’s only one champion. Per the retailers’ recent earnings, Amazon far outpaces Walmart in eCommerce sales. PYMNTS’ proprietary research, created by combining data gathered from Amazon and Walmart earnings reports and U.S. Census Bureau numbers,...
Millennials with student loans to lose 6.5% of spending power as repayments resume. That’s the headline PYMNTS reported this week and it’s a headline that’s going to be detrimental to the retail landscape. The development has raised concerns about the negative impact on the retail...
