Retail

Retail
BNPL and Digital Wallets High Priority for PayFacs and Marketplaces
December 22, 2023

Embedded payments can open the door to monetizing new revenue streams, deepening customer engagement and growing new lines of business. However, retail marketplaces, payment facilitators (PayFacs), and independent software vendors (ISVs) must navigate heightened economic uncertainty and complex regulatory and compliance requirements in their quest...

Retail
AMC Theatres Launches Its Own Brand of Candies
December 20, 2023

Moviegoers can now buy AMC-branded candies at concession stands in the company’s theaters. The new AMC Cinema Sweets line is available at all AMC theater locations across the United States, AMC Theatres said in a Wednesday (Dec. 20) press release. “We spent the last year...

Retail
Tonal Looks to Pick up Lululemon’s Broken Mirror Pieces With Trade-in Program
December 19, 2023

When Lululemon bought Mirror in 2020, it was a move to expand beyond selling clothes and tap into the growing trend of working out at home. The Mirror device, an interactive mirror that provides different workout classes and personalized exercises, fit well with Lululemon’s focus...

Retail
Grocers Seize on Holiday Spending Anxiety to Drive Digital Adoption
December 19, 2023

With consumers’ budgets coming under pressure over the holiday season, leading grocers including Kroger and Walmart have launched digital deals to boost eCommerce engagement. Kroger, for its part, United States’ leading pure-play grocery chain, recently announced several digital-only deals for the season. These include a...

Retail
Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?
December 19, 2023

After a roller coaster year of surprises, including a November decision to withhold its earnings results for the third quarter of 2023 and the cancellation of its planned conference call, Farfetch has been acquired by South Korean eCommerce giant Coupang. Will it be enough to...

Retail
Why Sally Beauty Is Investing in Free Services for Frugal Customers
December 19, 2023

Beauty retailer Sally Beauty has introduced Licensed Colorist OnDemand, a digital consultation service allowing individuals to confidently color their hair with recommendations from licensed professionals. The service, available for free, aims to address the education gap surrounding at-home hair color.  But why invest in free...

Retail
Ebay to Take on Poshmark, The RealReal for Luxury Resale Spend 
December 19, 2023

In a bid to draw consumers to its eCommerce platform, eBay is exploring new retail avenues. The online retailer served as a go-to site for online shopping in the past, offering a wide range of products, from rare collectibles to everyday items. However, as eCommerce...

Retail
Farfetch Acquired by Korean eCommerce Giant Coupang
December 19, 2023

Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering Farfetch $500 million to remain in operation, the companies announced Monday (Dec. 18). “Farfetch is a landmark of the luxury landscape and...

Retail
Kroger’s Home Chef Partners With Delish as Grocers Monetize Recipe Content
December 18, 2023

As grocers seek ways to monetize consumers’ enthusiasm for digital culinary content, Home Chef is partnering with Delish to create meal kits based on the popular food media brand’s recipes. The Kroger-owned meal kit company on Monday (Dec. 18) announced the collaboration, which runs for...