Retail

Retail
Rakuten In-Store Network Implements Offers In Google Pay
December 08, 2020

The Rakuten In Store Network has turned on offers in Google Pay, allowing users of the payment method to receive cash back on promotions connected to their cards for eCommerce and brick-and-mortar purchases, according to a Tuesday (Dec. 8) announcement. Get the Full Story Complete...

Retail
Digital-First Economy Values Personalized Video For Consumer Engagement
December 08, 2020

A picture, the old expression goes, is worth a thousand words. Expanding on that adage, a video must be worth a thousand pictures. It’s a particularly relevant sentiment as the world is increasingly digitizing and consumer preferences are shifting. Get the Full Story Complete the...

Retail
Five Fast Facts: The Australian Vs American Consumer
December 07, 2020

The pandemic has changed global consumer dynamics, perhaps forever. But that doesn’t mean everyone has changed in the same way or to the same degree. And, in fact, as PYMNTS has surveyed consumers worldwide over the course of the pandemic, those differences are snapping increasingly...

Retail
Ikea And What Comes Next For Printed Catalogs
December 07, 2020

It’s been a seven-decade-long run, but Ikea is formally saying goodbye to its printed catalog. 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 daily newsletter,...

Retail
Today In Retail: eCommerce Shift Fuels Pier 1, Dressbarn Sales; Frasers Group Could Buy Debenhams
December 07, 2020

In today’s top retail news, Retail Ecommerce Ventures (REV) indicated that the migration to eCommerce and trends such as “quest for comfort at home” were behind formidable sales at Pier 1 Imports and Dressbarn on Cyber Monday/Black Friday, while Frasers Group said it is in discussions to...

Retail
Luxury Retail’s 2020 Journey Goes From Up To Down To East And Online
December 07, 2020

If you happen to be sitting on an extra $200,000 and are looking for a special gift for that certain someone, you’d better hustle over to the Luxury Week online auction at Christie’s and place your bid for the “rare and exceptional” diamond- and gold-encrusted...

Retail
Walmart’s Flipkart Reportedly Edging Closer To Launching An IPO
December 07, 2020

Talk of Walmart-controlled Flipkart Group going public is heating up as the Indian company continues to expand. Flipkart is an eCommerce marketplace site competing against the likes of Amazon and Reliance Industries. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
BigCommerce EMEA Chief Stresses Agility; Urges Retailers To Look Ahead to 2021
December 07, 2020

The pandemic has been filled with pivots, business model adjustments and dramatic stories about brick-and-mortar merchants finding their digital stride in a hurry. And these stories are not limited to the Nikes and Zaras of the retailing world. There are smaller ones as well. For...

Retail
Frasers Group Could Purchase Debenhams Department Store Chain
December 07, 2020

In a potential rescue arrangement that could grow its reach on the U.K. high street, Frasers Group said it is in talks to purchase the Debenhams department store company from administrators, The Irish Times reported. Get the Full Story Complete the form to unlock this article and...