Retail

Retail
Restoration Hardware CEO Says Difference Is ‘Plants Don’t Die In Our Stores’
June 10, 2021

If you’ve never been inside a Restoration Hardware location or listened in on an RH earnings call, you might not understand why this $15 billion furniture retailer has so differentiated itself from the pack that its stock has gone from $70 to $700 in the...

Retail
Faire’s Fundraise Pushes Valuation To $7 Billion As Independent Retail Recovers
June 10, 2021

Faire, an online wholesale marketplace for retailers and brands, has landed $260 million in funding headed up by Sequoia Capital at a valuation of $7 billion. The infusion comes after the company announced its Series E round at a valuation of $2.5 billion in November,...

Retail
Miley Cyrus Becomes Creative Adviser To Hims & Hers
June 10, 2021

Miley Cyrus has joined telehealth platform Hims & Hers as a creative adviser, according to an announcement. 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...

Retail
GameStop’s Post-Meme Transformation Takes Two Steps Forward
June 10, 2021

In the wake of GameStop’s dual C-suite and better than expected first-quarter earnings announcements Wednesday (June 9), a strange thing happened to the embroiled specialty retailer: nothing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Today In Retail: Casey’s General Stores In-Store Sales Climb; Attentive Plans To Buy Tone
June 09, 2021

In today’s top retail news, Casey’s General Stores reported rising same-store sales, while text messaging upstart Attentive is purchasing Massachusetts-based Tone. Plus, video-streaming network Shopflix rolled out Wednesday (June 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Attentive Acquires Conversational B2C Text Messaging Firm Tone
June 09, 2021

Fresh on the heels of its $470 million March fundraise, text messaging startup Attentive announced on Wednesday (June 9) that it is acquiring Boston-based Tone, which specializes in artificial intelligence (AI)-enhanced human text message conversations.  Get the Full Story Complete the form to unlock this...

Retail
Amazon Amps Up Prime Day Promos Amid Growing Competition
June 09, 2021

With less than 10 days to go before the start of Amazon’s annual sales event, a growing list of counter-offers and promos from rival retailers could make this the most competitive Prime Day ever. Get the Full Story Complete the form to unlock this article...

Retail
Shopflix Taps Into Livestreaming eCommerce Trend With New Platform
June 09, 2021

As retailers and brands are turning to new channels like livestreaming to sell and highlight products, video-streaming network Shopflix rolled out on Wednesday (June 9), according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Casey’s Sales Rise As More Guests Shop Inside Stores  
June 09, 2021

Casey’s General Stores, which has over 2,240 locations, reported that inside same-store sales were up approximately 13 percent for the fourth quarter of 2021 as “inside guest counts steadily improved,” according to an announcement. Get the Full Story Complete the form to unlock this article...