Retail

Retail
Mall of America Leads Push to Unique On-Site Experiences
May 20, 2024

As shoppers turn to eCommerce channels for convenience, many are still willing to go to brick-and-mortar malls for unique, site-specific experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Mashgin and Verifone Team on AI-Powered Self-Checkout
May 20, 2024

Touchless self-checkout company Mashgin has launched a partnership with payments solution provider Verifone. 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
Target Cuts Prices on Essentials Like Milk as Consumer Caution Continues
May 20, 2024

Target is reducing prices on essentials like milk and produce amid continued consumer caution. 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....

Retail
Three-Quarters of Young Consumers Favor Click-and-Mortar™ Grocery Shopping
May 17, 2024

Millennials and Generation Z consumers are not satisfied choosing between digital and physical channels to do their grocery shopping — they want it all. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Consumers Are Leaving Major Cities, Slowing Retail’s Digital Transformation
May 17, 2024

The impact of the pandemic on consumers’ geographic distribution has continued, with shoppers increasingly residing outside of major urban areas, and this trend away from cities is decelerating retail’s digital shift. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Ex-Walmart US CEO Bill Simon Says Retailer Won’t Keep Affluent Shoppers
May 17, 2024

Walmart shouldn’t count on keeping the affluent customers it has recently gained, the retailer’s former U.S. CEO Bill Simon said Thursday (May 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push
May 17, 2024

Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers’ spending, they are working hard not to lose their lower-income customers in the process. Get the Full Story Complete the form to unlock this article...

Retail
CVS Pharmacy Debuts Well Market Brand as Retailers Expand Private-Label Items
May 16, 2024

CVS Pharmacy, the retail division of CVS Health, launched a new store brand for snacks, beverages and groceries. 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...

Retail
Poshmark Shoppers Get New Data-Powered Recommendations From Sellers
May 16, 2024

Fashion resale marketplace Poshmark is bringing artificial intelligence (AI) to its community of 130 million people via its Promoted Closet feature, which exited beta status Thursday (May 16). The tool leverages machine learning to align shoppers’ search terms with promoted listings, enhancing the visibility and...