The high infection rates from the COVID Omicron variant have had a dampening effect on the U.K. shopping scene around Christmas weekend, a report from Financial Times said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With 2021 ending shortly and 2022 kicking off soon, we thought now is a good time for retailers to hit pause. This article represents a time to reflect on how retail is becoming more consumer-driven in new and unexpected ways. From TikTok to Nike, we...
Life may get a bit easier for urban, suburban and rural consumers alike who want to shop at a big-box retailer for big-ticket items like furniture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It’s a rough world out there right now, to put it lightly. And the retail industry is seeing the effects. Inflation is at the highest level in nearly four decades, with average prices rising by nearly 7%, although many individual categories, such as food and cars, have...
Used car retailer CarMax, Inc.’s retail and wholesale sales shot up almost 30% in the third quarter of fiscal 2022, largely because of increased consumer demand for buying their vehicles online as well as improved inventory and staffing levels and better vehicle sources from consumers....
Retail and logistics technology platform Optoro, Inc. on Wednesday (Dec. 22) closed a $25 million strategic funding round led by enterprise solution platform Zebra Technologies Corporation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
If the last 20-plus months have taught us anything, it’s to expect technological change to be faster and more profound than before, with payments connecting almost all of it somehow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
What if retailers could make judgments — at a glance, if you will — just by where you looked while you shopped? The truth is, eye tracking already exists and is being leveraged to learn about what someone looks at and why, to get a...
Forget about faux fur, puffy vests or warm woolen knits; the most fashionable trend at department stores this holiday season has nothing to do with garments, but everything to do with looking good. This comes as the great department store digital spin-off trend resembles the...
