Retail

Retail
Walmart and Kroger Aim to Increase Market Share as In-Store Advertising Gains Momentum 
August 09, 2023

If you’ve stepped inside a store recently, maybe a Target or Kroger, you might have noticed digital in-store advertising — an upgraded rendition of the traditional grocery flyer or hanging banners. These advertisements are about to become more commonplace as brands and retailers seek additional...

Retail
Omnichannel Is a Merchant Priority and Fraudster Opportunity
August 09, 2023

The embrace of omnichannel commerce as the pandemic recedes has brought a “new normal” for merchants, Adam Gunther, senior vice president and chief product officer at Kount, an Equifax Company, told PYMNTS in a recent interview. “There are new fraud and theft vectors,” he said,...

Retail
Sizekick Debuts AI-Powered Clothing-Sizing Tool
August 08, 2023

Sizekick is the latest company offering shoppers an artificial intelligence (AI)-powered way to find the right outfit. The German company launched its AI try-on tool, designed to reduce the number of size-related returns, according to a Tuesday (Aug. 8) press release. The company is backed by and...

Retail
The Aspiration Shopper May Be Straying From Luxury and Turning to Travel
August 08, 2023

The aspirational shopper, once a core target demographic for high-end brands, seems to be in a state of flux. As the traditional luxury market contends with price hikes and changing spending patterns, an interesting trend is emerging — an uptick in the travel sector. For...

Retail
Unbound Commerce Launches B2B Scanning App for The Chef’s Warehouse
August 07, 2023

Unbound Commerce has launched a mobile B2B scanning app for The Chef’s Warehouse, a distributor of specialty food products. The new app gives grocery store employees a faster, better way to check store shelves and reorder items carried by The Chef’s Warehouse, Unbound Commerce said in...

Retail
DoorDash and Staples Team for Same-Day Back-to-School Deliveries
August 07, 2023

Staples has teamed with DoorDash to provide same-day deliveries on back-to-school items. The partnership, announced Monday (Aug. 7), is the latest example of retailers taking steps to take advantage of what is expected to be a record year for back-to-school spending. “Nearly 1,000 Staples U.S. locations are now available on...

Retail
Apple Retail Veteran Angela Ahrendts Joins Kardashian’s Private Equity Firm SKKY
August 07, 2023

Private equity firm SKKY Partners has added former Apple Retail executive Angela Ahrendts as senior operating adviser. Ahrendts will work with SKKY Partners founders Kim Kardashian and Jay Sammons and the team to identify and evaluate prospective investment opportunities, serve as a resource for the companies in which SKKY invests, and...

Retail
Barbie Mention Bumps Birkenstock Ahead of Anticipated IPO
August 07, 2023

Barbie still has consumers in a chokehold, and brands who have partnered with Mattel or were even referenced in the movie are reaping the benefits.   The most recent brand benefiting from the Barbie effect is Birkenstock, which was mentioned in the Margot Robbie film. The...

Retail
Moët and Petco Tap Into Shop-In-Shops to Spark Champagne and Pet Essentials Demand 
August 07, 2023

Amid the swiftly evolving retail environment, marked by economic fluctuations like inflation and restricted consumer expenditure, the concept of shop-in-shop experiences has emerged as a favored tactic for brands aiming to tap into the retail sector without bearing the full financial burdens linked with setting...