As consumers’ lives have moved increasingly online in the past year, causing them to seek web solutions for formerly in-person activities, grocery retailers have had the opportunity to acquire new customers by optimizing their web presence. However, with so many contenders racing to present the...
In today’s top retail news, DICK’S Sporting Goods has launched its VRST athletic apparel brand, while Flowspace has raised $31 million in new funding. Plus, retail sales dropped 3 percent in February. Get the Full Story Complete the form to unlock this article and enjoy...
Not every earnings report can be a winner, a reality confronted by Stich Fix last week when increased costs and slowing customer growth depressed its quarterly outcomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Retail sales, the nation’s broadest measure of consumer activity, fell 3 percent last month, contracting far more than economists were expecting while marking a stark slowdown from a spike in January that was fueled by $600 stimulus checks. Get the Full Story Complete the form...
The world’s largest retailer has brought on A-list celebrity designer Brandon Maxwell to bring life — and sales — into two of its private-label brands, in a move designed to counter Amazon’s growing share of apparel sales. Get the Full Story Complete the form to...
When Target announced it was “extending and expanding” its relationship with Apple last month, it was not just about carving out more space to sell more iPhone and iPads, it was about aligning with a winning brand that customers love but more so about boosting traffic that...
Fulfillment technology platform Flowspace landed $31 million in new funding. BuildGroup headed up the Series B investment, with current investors also participating, according to a Tuesday (March 16) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
DICK’S Sporting Goods has rolled out its VRST athletic clothing brand, which is developed for the “modern active man who lives life on the go,” according to a Tuesday (March 16) announcement. Get the Full Story Complete the form to unlock this article and enjoy...
In the last year, American consumers’ adoption of online grocery solutions has rapidly accelerated. PYMNTS research found that, by December, 23 percent of U.S. grocery shoppers were ordering online more than before the pandemic, and 64 percent of grocery shoppers reported purchasing groceries online at...
