Luxury group Richemont will reportedly continue to limit its price increases, even in the face of new U.S. tariffs. 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...
A year after opening its first large-format physical retail location, Wayfair said it plans to open its third such store in early 2027. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Consumer spending, the key engine of the economy in the United States, is in danger of stalling. 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...
Shein cut prices for customers in the United States after Washington temporarily lowered tariffs on Chinese imports. 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...
Dick’s Sporting Goods is reportedly close to reaching a deal to acquire Foot Locker for about $2.3 billion. 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...
Temu and Shein reportedly have an opportunity to restock their U.S. warehouses during a temporary reduction in tariffs. 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...
Consumers in the United Arab Emirates (UAE) are mobile shopping leaders. They rank first in mobile shopping among the eight countries surveyed in PYMNTS Intelligence’s latest research: Just over 2 in 3 made their most recent retail purchase using a mobile device. What’s more, the...
The Trump administration’s elimination of the de minimis exemption will be great for American retailers, Simon Property Group Chairman, CEO and President David Simon said Monday (May 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The average transaction price (ATP) of new vehicles increased by 2.5% in April, driven by a decline in sales incentives amid talk of tariffs, Cox Automotive’s Kelley Blue Book said Monday (May 12). Get the Full Story Complete the form to unlock this article and...
