Retail

Retail
How Brands Are Collaborating With Experts, Influencers and Nonprofits to Connect With Consumers 
April 25, 2023

To achieve relevancy with consumers, brands must exhibit authenticity and a clear mission, although what this looks like can vary from brand to brand. For example, Elie Seidman, former CEO of Tinder and current interim CEO of Fast Growing Trees, explained in a recent interview...

Retail
Authentic Brands Group Strengthens Luxury Position With Acquisition of Vince 
April 25, 2023

Authentic Brands Group (ABG) is looking to strengthen its position in the luxury market with another acquisition. The group has entered into a deal with the understated luxury brand from California, Vince Holding Corp., to acquire the intellectual property of the Vince brand.  Get the...

Retail
Party City Shutters Stores and Plans to Go Private
April 25, 2023

Bankrupt party supply retailer Party City is closing more stores as it prepares to go private. 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
Klarna Unveils AI-Powered Shopping Feed
April 25, 2023

Klarna has debuted a personalized shopping feed powered by artificial intelligence (AI). 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. By...

Retail
Super.com Raises $85 Million for Savings-Focused Super App and Card
April 24, 2023

Super.com has raised $85 million in a Series C round to grow its savings super app. 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
Valentino Sees Sales Climb 10% Despite ‘Shaky’ China
April 24, 2023

Italian luxury brand Valentino has seen sales rise thanks to its directly-owned stores. 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....

Retail
LVMH Market Value Tops $500 Billion in 1st for Europe
April 24, 2023

Luxury retailer LVMH’s market value has surpassed $500 billion in a first for European firms. 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,...

Retail
Discount Stores Remodel to Capture Walmart Grocery Share
April 23, 2023

Major remodels by the country’s top two dollar store chains signals expectations for prolonged higher food prices. As reported by FT earlier this week (Apr. 19), both Dollar Tree and Dollar General each plan to increase the number of existing store renovations by double-digit percentages...

Retail
Bed Bath & Beyond Bankruptcy Blamed on Private Label Strategy
April 23, 2023

Bed Bath & Beyond has declared bankruptcy months after warning about its future. 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....