Retail

Retail
Cyber Monday Shoppers Find Fewer Online Deals
November 29, 2021

U.S. retailers are bracing for a slower sales pace on Cyber Monday, in large part because shoppers are finding fewer and smaller discounts and limited selections because of continuing global supply chain snags, according to a Reuters report on Monday (Nov. 29). Get the Full...

Retail
Amazon Proves Logistics Is Key to Increasing Online Sales, Market Share
November 29, 2021

In the jockeying between retailers, not just during the all-important holiday season but well beyond the end of December, the battle of giants usually comes down to Amazon, Target and Walmart. And a strategic weapon, increasingly, can be found in logistics. Get the Full Story...

Retail
Omicron Variant Fails to Darken Black Friday Selling as Some Restrictions Return
November 29, 2021

Discovered in South Africa on Nov. 25 with the first North American cases appearing in days, the new COVID-19 variant designated as Omicron is living up to its more transmissible reputation — but it’s possible this mutation will be taken in stride by pandemic-hardened consumers....

Retail
As Rolling COVID Disaster Turns to Omicron, Online Shopping Never More Important for Retailers
November 29, 2021

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 agree to receive marketing communications from PYMNTS and...

Retail
Walmart CFO to Leave Company in 2023
November 29, 2021

Walmart Inc. on Monday (Nov. 29) announced that Executive Vice President and Chief Financial Officer Brett Biggs will leave the company in January 2023 after 22 years, staying on to help the transition to his successor before moving on to “opportunities in both the for-profit...

Retail
Cyber Monday Provides Test for Retail Experiences in the Metaverse
November 29, 2021

The metaverse may be but a small portion of the overall retail landscape at the moment, but brands and marketplaces are already setting up shop, using Black Friday and Cyber Monday to test new concepts and invite customers into new virtual worlds. Get the Full...

Retail
Black Friday Results Put Pressure on Walmart to Keep up With Amazon
November 29, 2021

Though online Black Friday shopping was down slightly compared to last year, more shoppers still looked online for deals than in-store, with over two-thirds visiting Amazon, putting more pressure on rival Walmart in the coming weeks. Get the Full Story Complete the form to unlock...

Retail
How Product Drops, Marketplaces and Payments Keep Gen Z Loyal, D2C Brands Profitable
November 29, 2021

For decades, fashion followed a wholesale model, with brands serving as the creative houses and the retailers holding most of the power in the customer relationship, marketing and selling products and collecting data on consumer preferences. Get the Full Story Complete the form to unlock...

Retail
New Browser Tech Aims to Solve Online Shoppers, Retailer Abandoned Cart Problem
November 26, 2021

You’re shopping for the perfect half-zip for a holiday get-together. You click on something you like and save it to your shopping cart. But you’re sure there has to be something better, somewhere — maybe a lower price,  a shade of burgundy with a bit...