Saying that “we know holiday shopping will be different this year, and we will be managing sales events differently,” Walmart this week announced that its stores will close for Thanksgiving in 2020 – a decision that would have bordered on sacrilegious at any other time....
The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. And while some of the sales projections are solid, the fundamentals for success are still wavering. Get the Full Story Complete the form to unlock this article...
A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. The firm said the acceleration was mainly fueled by quicker growth in the...
Best Buy reported eCommerce sales growth of roughly 255 percent in contrast to the past year quarter-to-date up to July 18. The electronics retailer also noted that online sales “remained strong” with roughly 185 percent in sales growth in contrast to the past year in...
Another livestreaming company is ready to launch in the U.S. Popshop Live is a mobile-based selling platform that will compete with Glamhive to be the pioneers in this relatively new format, which continues to see exponential growth in China. Get the Full Story Complete the...
The Starbucks Rewards program that already has loyal customers grabbing extra iced lattes on hot afternoons is about to become even more tempting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Connected fitness has a sparring partner, courtesy of a new direct-to-consumer (DTC) company called Liteboxer. It has an innovative product, proven management and a business model that rivals other connected products, including Peloton. And its founders think it might retire that big heavy punching bag...
Amazon made two announcements on Tuesday (July 21) in advance of what is expected to be a blockbuster earnings report next week. The company has officially postponed Prime Day in the U.S. and has announced positive results of its SMB program. Get the Full Story...
