Retail

Retail
Amazon, Fashion Designer Salvatore Ferragamo Help Shut Down Chinese Counterfeiter
April 26, 2022

Amazon’s Counterfeit Crimes Unit (CCU) played a key role in shutting down a Chinese counterfeiter who was making knockoff versions of Salvatore Ferragamo S.p.A.’s Gancini belts, according to a company announcement Tuesday (April 26). Get the Full Story Complete the form to unlock this article...

Retail
Verizon Begins Offering Express Pickup Lockers
April 25, 2022

Verizon is offering a new addition to its buy online, pickup in-store (BOPIS) hybrid retail model, allowing people to pick up their purchases in lockers 24 hours a day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Today in Retail: ShopBack Pay Allows Users to Earn Rewards; Cosmetic Companies Continue to Struggle...
April 25, 2022

Today in retail, ShopBack expands ways to pay, while cosmetic companies struggle with costs. Plus, Authentic Brands Group looks to add Ted Baker to its growing portfolio, wedding season is expected to be the busiest in two decades, and 60% of consumers are buying only...

Retail
Investors Have a ‘Breakup With Makeup’ as Cosmetics Cos Struggle With Costs
April 25, 2022

Spring is supposed to be the season of dressing up and stepping out after a long cold hibernation but for most cosmetics makers, the warmer weather and reduced COVID concerns have so far garnered a cold response. Get the Full Story Complete the form to...

Retail
Future Group’s Secured Creditors Nix $3.4B Deal With Reliance
April 25, 2022

Indian retailer Reliance has nixed its $3.4 billion deal with Mumbai-based retail firm Future Group, adding it “cannot be implemented” because Future’s secured creditors rejected the agreement, Reuters reported Saturday (April 23). Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Authentic Brands Group Looking to Add Ted Baker Label to Its Growing Portfolio
April 25, 2022

Brand licensing conglomerate Authentic Brands Group (ABG), which includes Reebok, Aeropostale, Forever 21 and roughly 50 other labels, is considering a bid for British fashion retailer Ted Baker, according to unnamed London sources in a Sky News report out over the weekend. Get the Full...

Retail
The Container Store Gets Social and Emotional About Nesting Trend
April 25, 2022

Whether you call it spring cleaning, clutter busting or simply getting organized, these offshoots of the nesting trend are, for many consumers, a concept that really only became a priority when the pandemic lockdowns and lifestyle shifts kicked in. Get the Full Story Complete the...

Retail
The Knot CFO Says Vendors Brace for Burst of Business as Weddings Hit 20-Year High
April 25, 2022

“This is going to be a season for the ages, for sure,” said Andy Ivanovich, chief financial officer at The Knot Worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Today in Retail: Kimberly-Clark Expects Higher Sales; Walmart to Strengthen Local Business Ties
April 22, 2022

Today in retail, Kimberly-Clark predicts higher sales this year despite raising prices, while Walmart continues to strengthen its ties with local businesses. Plus, Home Depot Chief Information Officer Matt Carey shifts into the role of executive vice president of customer experience, and artificial intelligence (AI)-powered...