The pandemic and the resultant world economic crisis meant hard times for the sale of luxury goods. But around the start of 2021, the luxury market began to heat up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The events of the past 13 months have rapidly accelerated the adoption of digital coupons, as increasingly stuck-at-home consumers grew accustomed to virtual replacements for previously physical activities and services, and as online shopping surged. In fact, by the latter half of May, digital coupon...
Brick-and-mortar stores took a big hit during the pandemic, but the big casualties were bad retailers, not those that took advantage of “stay at home consumers,” by inventing ways to make online buying seamless and yes, even positive experiences. Get the Full Story Complete the...
After six separate rounds of fundraising over the past 10 years, the trendy online and retail eyewear chain Warby Parker is reportedly preparing to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
If you were poised to spend $1,000, $2,000 or even $5,000 or more on a secondhand designer purse, you’d want to be pretty darn sure you were getting exactly what you expected. And if you were looking to sell a luxury item, you’d want to...
The Saadia Group, which works in multi-category product manufacturing, wholesaling and retailing, has rolled out iconic American brand Lord & Taylor as an online “collective store,” according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Digital financing provider Snap Finance has teamed up with Affirm. Merchants that use Snap now have the ability to integrate Affirm’s additional financing options to collect more sales from “high-intent shoppers” and provide alternative payments to people who are developing or rebuilding their credit profiles,...
In today’s top retail news, BJ’s Wholesale Club has named Bob Eddy as its new president and CEO, while Advance Auto Parts is forecasting comparable-store sales growth amidst demand from DIY and pro shoppers. Plus, lululemon has become part of the secondhand clothing trend with...
Six months after the rollout of its sweeping corporate sustainability agenda, the yoga and athletic apparel retailer lululemon has unveiled its first-ever venture to resell gently used clothes. In announcing its “Like New” reCommerce initiative, the retailer will join a growing movement within the apparel...
