Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours...
Gone are the days when retail innovation efforts were limited to increasing the convenience offered to in-store shoppers. 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...
Aiming to establish a new way to reach potential customers, Gap has created a store on Amazon. 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...
Amazon is evaluating its Alexa business as the company joins other Big Tech firms in making cost-cutting measures in the face of an economic downturn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
For the fourth consecutive month, inflation slowed in October and while the market reaction happened instantly, data and history suggest the consumers’ response will be much slower and far less impulsive. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Sally Beauty Holdings, a retailer and distributor of hair color and care products for both consumers and salon professionals, is working to optimize its footprint by consolidating its stores and distribution centers while continuing to serve its customers via its omnichannel capabilities, the company said...
South Korean eCommerce platform Coupang reported its first-ever profit Wednesday (Nov. 9), a landmark the company attributed to its investments in technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
With its customers increasingly shopping online and demanding same-day services, Target has decided it’s time to grow. 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...
Netherlands-based multinational grocery retailer Ahold Delhaize is seeing its loyalty bets pay off in the United States. 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...
