Retail

Retail
Backflip Looks To Take The Mystery And Haggling Out Of Reselling Old Devices
April 06, 2021

It’s estimated that 80 percent of Americans currently have a smartphone — but chances are, most people actually own two or even three devices: the one that’s currently working, and at least one other one that’s either old or tucked away in a drawer somewhere....

Retail
Costco Member Fee Hike Would Delight Rivals, Annoy Customers
April 06, 2021

It has only happened twice in the past 10 years, but with over 60 million U.S. members and another 40 million internationally, any increase in the annual fee that Costco charges its customers is a big deal. Although the company itself has said nothing recently...

Retail
Home Nesting Trend Has Legs Beyond Pandemic Consumer Foot Traffic, Study Shows
April 06, 2021

Despite concerns the so-called “nesting trend” was cooling down after a year of record results, new data from foot traffic analytics firm Placer.ai shows the home furnishing category may still have further to go as Americans continue to spruce up their homes. Get the Full...

Retail
Celebrity Pet Food Brand ‘Made By Nacho’ Rolls Out Via eCommerce
April 06, 2021

Celebrity pet food brand Made by Nacho, which is described as “a cat food for the modern cat” that includes both wet and dry foods, rolled out on Tuesday (April 6), according to a press release. Get the Full Story Complete the form to unlock...

Retail
Kohl’s Supports Online Demand With New eCommerce Fulfillment Hub
April 06, 2021

To support its ongoing online demand and digital sales acceleration, Kohl’s opened its sixth eCommerce fulfillment hub. The 1.2 million square-foot center, which is located in Etna, Ohio, is the retailer’s biggest, “most efficient” fulfillment hub and will be focused on Kohls.com orders, according to...

Retail
UBS: 80,000 US Retailers Could Close By 2026
April 05, 2021

A new UBS report says as many as 80,000 U.S. retail stores, or about 9 percent of the country’s total, could close by 2026, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Food eCommerce 2.0: Freshly Anticipates Ultra-Personalized Future
April 05, 2021

For over a year now, consumers have had to find ways to make mealtimes meaningful from the comfort of their homes. Where once they might have celebrated a special occasion or added some excitement to the work week by going out to a restaurant, now...

Retail
Merchants Face Challenges In Enticing Reluctant Consumers Back Into Stores
April 05, 2021

Foot traffic has been slow to recover at America’s retail locations as consumers continue to stay close to home and are eschewing trips that keep them out much longer than 10 minutes, except in a handful of U.S. states. The why of that is a...

Retail
Some Stores Stick With Masks Despite Loosening Requirements
April 05, 2021

Despite 18 states dropping mask mandates, some retailers are playing it safe and keeping the face-covering requirement in place, the Associated Press (AP) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...