Retail

Retail
Oddity’s AI-Powered Product Development Spurs Repeat Purchases
October 04, 2023

On Monday (Oct 2), Oddity Tech reported third-quarter results that showed revenue growth of 29% to 31% and attributed this to repeat sales in its Il Makiage and Spoiled Child brands.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Is Sustainability Truly Sustainable for Retailers? 
October 04, 2023

Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific factors contributing to The RealReal’s persistent lack of profitability since its establishment in 2011 remain uncertain, it’s worth noting that...

Retail
Macy’s to Triple Number of Small-Format Stores by 2025
October 03, 2023

Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Krispy Kreme May Put Insomnia Cookies to Bed as Restaurants Cut Costs
October 03, 2023

As restaurants grapple with cost challenges, Krispy Kreme is putting its Insomnia Cookies subsidiary up for sale. 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...

Retail
Bringg Adds Delivery Management Platform to Google Cloud Marketplace
October 03, 2023

Bringg has launched its Delivery Management Platform on Google Cloud Marketplace to help retailers and eCommerce enterprises optimize their last-mile delivery process. 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...

Retail
Boohoo Group’s Shares Drop as Fast-Fashion Retail Industry Faces Challenges
October 03, 2023

Boohoo Group saw its shares fall Tuesday (Oct. 3) as it revised its earnings and revenue forecasts. 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
Locking Up Retail Items Doesn’t Always Stop Theft, and It’s a Worldwide Worry
October 03, 2023

Retail crime isn’t solely affecting the United States; it’s also a burgeoning concern on the other side of the Atlantic.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
As Consumers Trade Down, Brands Text Early to Boost Holiday Sales
October 03, 2023

It’s hard to ignore the omnipresence of our mobile phones. We turn to them countless times throughout the day, making them an indispensable part of our daily routine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
LVMH CEO Bernard Arnault Calls Money Laundering Reports ‘Absurd’
October 02, 2023

The CEO of luxury conglomerate LVMH reportedly dismissed money laundering allegations against him. 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 Today....