Retail

Retail
Markdowns Drive Retailers to Reinvent Commerce’s Middle and Last Miles
June 14, 2022

Inventory, of course, is the lifeblood of retail. 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 completing this form, you...

Retail
Amazon Answers Walmart’s Drone Push With Limited Launch Later This Year
June 14, 2022

Three weeks after Walmart announced plans to offer drone delivery service to 4 million households in six states, rival Amazon is out with an aerial answer of its own, albeit on a much more limited scale and years behind schedule. Get the Full Story Complete the...

Retail
Lacoste Debuts Web3-Based UNDW3 Experiential Universe
June 14, 2022

Lacoste has launched UNDW3 (pronounced as “underwater”), its first Web3 experience and a progression from its collaboration with Minecraft that saw an immersive projection of the fashion retailer in the Croco Island virtual world, according to a Tuesday (June 14) press release emailed to PYMNTS....

Retail
Mastercard SpendingPulse: Back-to-School Retail Sales May Grow 7.5% in 2022
June 14, 2022

Many retail spending reports these days show consumers tightening their belts and focusing their spending on food, gas and other necessities, but the Mastercard SpendingPulse report for May shows a 10.5% year-over-year retail sales growth for the month — and more good news ahead. Get...

Retail
Zara Limits Free Returns to in-Store Only, Reports No Impact on Sales
June 14, 2022

Not unlike the retail industry itself, the longstanding “free shipping, free returns” eCommerce business model is in the throes of evolution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
CPG Manufacturers and Retailers Seek to Sync-Up on Pricing With Automation
June 14, 2022

Getting paid what is invoiced is among the most basic functions of finance and business in general. 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
Today in Retail: Pinterest Buys The Yes to Add AI Capabilities; Walmart Invites UK Retailers...
June 13, 2022

Today in retail, Walmart is opening more than 30 new SuperCenters while consumers are buying lower-priced groceries as inflation rises. Plus, U.K. retail sales fell 8.7% in May and value and convenience win over consumers as another recession looms. Get the Full Story Complete the...

Retail
Pinterest Pivots to AI and ‘Taste Driven Shopping’ Via Acq of ‘The Yes’
June 13, 2022

By all accounts it has been a rough year for Pinterest.   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 completing...

Retail
UK Online Retail Sales Fall 8.7% in May
June 13, 2022

Sales by discount retailers fell 15% in May across the United Kingdom, leading an overall 8.7% year-over-year drop in those types of purchases in the region, according to a Monday (June 13) press release regarding the latest IMRG Capgemini Online Retail Index, which tracks the...