Americans will spend a record $24 billion on Easter this year despite ongoing economic pressures. According to a survey released Monday (March 20) by the National Retail Federation (NRF), 81% of Americans will celebrate the holiday this year and spend an average of $192.01, another record amount. “Easter endures...
7-Eleven plans to build one of the largest electric vehicle (EV) fast-charging networks offered by a retailer. The convenience store retailer already offers fast-charging services at several locations in California, Colorado, Florida and Texas and plans to add select locations across the United States and then...
Everywhere you look there’s a new celebrity-backed brand. From SKIMS by Kim Kardashian to Casamigos Tequila by George Clooney to JLO by Jennifer Lopez, social media influencers and Hollywood stars are increasingly opting to launch their own direct-to-consumer (D2C) businesses instead of simply licensing their...
China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. On Monday (March 20), the eCommerce firm released quarterly and full-year earnings showing its revenues increasing, driven primarily by online marketing and transaction services. However, PDD — which owns shopping platforms Pinduoduo and Temu – said that increase...
According to new research, small and medium-sized businesses (SMBs) must embrace the shift to digital features more deeply if they hope to stay relevant and competitive. Based on findings from “The 2023 Global Digital Shopping Index: SMB Edition” (GDSI SMB), a PYMNTS and Cybersource collaboration surveying...
Aéropostale has partnered with MetaversePlus to offer immersive shopping, socializing and gaming in the metaverse. The first of four major phases of the fashion retailer’s presence in the metaverse will launch Thursday (March 23), the companies said in a press release. “Our teams have worked...
Amazon has added another retailer to its stable of home-delivery partners. The eCommerce giant has teamed up with pharmacy chain Rite Aid to offer two-hour delivery to Amazon Prime members in parts of Newark, N.J. and Burbank, Calif., with plans to expand to new locations,...
This week in grocery, DoorDash adds merchants, and Co-op taps delivery robotics and retailers automate inventory. DoorDash, the United States’ leading aggregator, has been leveraging grocery to attract more customers. On Tuesday (March 14), the company announced that it is partnering with Seattle food co-op PCC Community...
As self-checkout evolves, point-of-sale tech startup Grabango maintains all future shopping will be autonomous. In an interview with PYMNTS, the company’s Chief Revenue Officer Andy Radlow said that autonomous technology would eventually replace all other forms of checkout, self-service or otherwise. “Self-checkout has been around for over 20...
