Innovation and a better shopping experience are on the agenda for the Vans brand. These targets are being pursued after the action sports footwear and apparel brand saw a 13% decline in revenue while parent company VF Corp. saw a 3% dip during the quarter...
Footwear company Wolverine Worldwide has sold its Keds line to shore store chain Designer Brands. The deal, announced Wednesday (Feb. 8), allows Wolverine to streamline its portfolio, while helping Designer Brands (DBI) in its strategy of increasing sales through its own brands. In addition to...
Wegmans is not done with pay-as-you-go self-service yet; now, the retailer is testing smart carts. The Rochester, N.Y.-based regional supermarket chain, which includes 110 East Coast locations, is testing out smart carts at two New York State locations, the retailer confirmed to PYMNTS via email....
Valvoline is seeing strong demand for quick and convenient oil changes and other automotive services. The preventative vehicle maintenance provider saw its system-wide same-store sales increase 11.9% during the quarter ended Dec. 31, and it’s continuing to add locations across the country, according to a...
Moving a classic fashion brand into a digital-first world has its challenges, so famed watchmaker Movado Group has kept a tight focus on its core while undergoing a digital transformation. Movado Group President of Commercial, Chief Digital Officer and Chief Technology Officer Behzad Soltani told...
Simon Property has traded Eddie Bauer for a bigger piece of Authentic Brands. The CEO of America’s largest mall owner made the announcement Monday (Feb. 6) as the company released its quarterly earnings. Those earnings saw “a net gain of $0.25 per share, principally from...
As physical retail roared back to life in 2022, in-store pickup of items ordered online saw commensurate growth, showing the strong consumer affinity for in-store experiences. This is among the important findings from the “2023 Global Digital Shopping Index” (GDSI), a PYMNTS and Cybersource collaboration...
Instacart’s first Scan & Pay checkout deployment comes as in-store mobile features catch on among grocers. The grocery aggregator announced Monday (Feb. 6) that Foodcellar Market, a grocer in Queens, New York, is the first to offer the own-device self-service option to all in-store customers....
Traditionally, nabbing a slice of shelf space was invaluable for any brand hoping to gain recognition and market share. However, that may no longer be the case as over half of consumers have abandoned buying pet products in-store and instead embraced the convenience of eCommerce...
