The latest reading on retail sales numbers show that the Grinch is creeping into the room — in the form of inflation — threatening to upend the holiday spending that so many retailers have been banking on. Get the Full Story Complete the form to...
Musical instrument manufacturer Roland on Wednesday (Dec. 15) announced the rollout of a personalized technology, branded Audience Specific Experience ASX, which allows stores to control the lighting, video and audio in its Roland Store experience at select U.S. and global locations. Get the Full Story...
Total retail sales slowed to a much weaker than expected 0.3% in November, as sharp declines at department stores and electronics and appliance dealers pulled the pace of holiday season shopping down from an 8-month high of 1.8% in October. Get the Full Story Complete...
Five Below’s move to open more than 750 new stores since fiscal 2016 bodes well for the future of the kids and teen-focused retailer, and tells a story deeper than its third-quarter results, which included $608 million in sales for the three months ending Oct....
Chanel has appointed Leena Nair as global chief executive officer, grabbing the company’s youngest and first female CEO after her 30-year tenure at consumer goods group Unilever. She’ll take the helm at the end of January 2022, the Financial Times reported. Get the Full Story...
If you’re young and hip and environmentally aware, chances are you’ve already been introduced to the digitally native furniture startup Floyd, a 7-year-old privately held venture that’s headquartered in Detroit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Peloton clarified Tuesday (Dec. 14) that it won’t be curbing the development of new products like a report published by DigiTimes claimed, per a CNBC report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In the grocery sector, with the digital shift comes the shopper’s slide, where we find consumers sliding between behaviors over time, based on changing inner ideas of preference and value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Travel retailer Hudson has become the first company in its industry to offer Amazon’s palm recognition service, Amazon One. 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...
