Retail

Retail
Retail Tech Company Clerk Announces $30M Series B as Grocers eCommerce-ify Stores
May 03, 2022

As grocers look to apply the learnings of eCommerce to the in-store experience, companies that offer the ability to blend the physical and the digital to drive conversion have a major opportunity. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
UK Retail Jobs Alliance Embrace Shift from Shops Tax to Online Sales Tax
May 03, 2022

U.K. retail firms Tesco, J Sainsbury, Greggs and Waterstones, among others, have formed the Retail Jobs Alliance, a coalition that will push to eliminate the so-called Shops Tax, a business rate that has cut into retailers’ overheads for decades, and possibly replace it with an...

Retail
Macy’s Accelerating Small-Store Rollout
May 03, 2022

Macy’s Inc is fast-tracking the opening of its smaller department store footprint, expecting that retail outposts with fewer products and more digital services in areas where customers run daily errands will attract more shoppers, according to a Tuesday (May 3) report in The Wall Street...

Retail
Home Depot Launches $150M Venture Capital Fund
May 03, 2022

The Home Depot unveiled Home Depot Ventures, a venture capital fund that will “identify, fund and partner with early-stage companies to accelerate emerging technologies that aim to improve the customer experience and shape the future of home improvement,” a Tuesday (May 3) press release said....

Retail
Kohl’s Gives Members 50% More on Rewards
May 02, 2022

Kohl’s on Monday (May 2) launched an enhancement to its rewards program that gives card members an elevated rate of 7.5% rewards on each purchase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Today in Retail: Lego Digital Bricks Takes Playing Well to New Level; Amazon Unveils Pet...
May 02, 2022

Today in retail, Lego debuts digital bricks, while Amazon launches Pet Day to kick off National Pet Month. Plus, G-III Apparel Group completes its acquisition of fashion brand Karl Lagerfeld, and buy now, pay later (BNPL) is shaping consumer buyer behavior. Get the Full Story...

Retail
Amazon Looks to Take a Bite Out of Chewy With Revamped Pet Care Strategy
May 02, 2022

Amazon is dedicating itself to the four-legged members of families across the U.S. with its first Amazon Pet Day Monday (May 2), the retail giant’s kickoff to National Pet Month, according to a company announcement. Get the Full Story Complete the form to unlock this...

Retail
Karl Lagerfeld Acquisition Completed by G-III Apparel Group
May 02, 2022

The remaining 81% of fashion brand Karl Lagerfeld has been bought by global fashion company G-III Apparel Group from a group of public and private investors led by Fred Gehring of Amlon Capital BV for $210 million, according to a joint press release Monday (May...

Retail
Lego Joins Toy Industry’s Online Transformation, Bets Digital Bricks Will Click With Kids
May 02, 2022

When Lego was founded in 1932, its name was derived from a shortened version of the Danish words “leg godt” or “play well”.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...