Retail

Retail
Consumers’ Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers
November 13, 2020

Given that 90 percent of new car purchases and half of used car purchases are financed, it’s no surprise that the lifestyle changes and digital shift brought on by the pandemic have disrupted auto loans, that age-old corner of the vehicle industry. Whether a car loan...

Retail
Target Nixes Subscription Service
November 13, 2020

Target has canceled its subscription service, a foray into bulk discount purchasing launched seven years ago. Through the service, Target customers were able to automatically reorder items in bulk while earning a 5 percent discount, with the items shipped their homes. Get the Full Story...

Retail
India’s Diwali Festival To Boost Economy, But Stokes COVID Fears
November 13, 2020

Consumers are flocking to shopping areas in India’s major cities and towns in advance of Diwali, India’s festival of lights, this Saturday (Nov. 14), boosting optimism among business owners while also stoking concerns over the potential for a rise in coronavirus cases, reported AP News....

Retail
Dillard’s Surprises Department Store Sector By Posting A Profit
November 13, 2020

A department store reported a profitable Q3 this week. Really. 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, PYMNTS Today. By completing this...

Retail
Century 21 Department Stores’ Intellectual Property Up For Sale
November 13, 2020

The intellectual property (IP) of Century 21 Department Stores is up for sale, including the company’s domain name, trademarks, social media assets, shopper data and more, according to an announcement from Hilco Streambank, which focuses on the sale of IP assets. Get the Full Story...

Retail
Farfetch’s GMV Surges To $797.8M Amid Shift To Online Luxury
November 13, 2020

Farfetch Limited reported on Friday (Nov. 13) as part of its Q3 results that Gross Merchandise Value (GMV) surged to $797.8 million from $492 million in Q3 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Grocery Roundup: New Amazon Fresh Store, SpartanNash Puts Incentives In ‘Fast Lane,’ Walmart On Autonomous...
November 12, 2020

It’s been a busy time in the grocery world this week, with digital innovation at the core of the headlines in the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Coupon App Ranking Reveals Consumer’s Discount Priorities
November 12, 2020

A couple of years back, before the COVID craziness, PYMNTS wrote that “In 1887, Asa Candler, the founder of the Coca-Cola Company, had a novel idea: He decided to give away some of his product for free. And so, he wrote tickets for consumers to try a glass...

Retail
Singles’ Day Orders From Europe Helped Alibaba Smash Sales Records
November 12, 2020

Alibaba smashed Singles’ Day sales records this year with help from an aggressive push into European and other foreign markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....