Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, business internet, and mobile properties, and all business data, CNBC reported Tuesday (June 13). This comes after the bankrupt retailer sought Chapter 11 protection in...
It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Target’s much-anticipated quarterly earnings bore out much of investors’ fears, with a 3.4% drop in comparable digital sales attributed to a consumer pullback of purchasing...
Is Louis Vuitton luxury? Depends who you ask and what products you’re looking at. With that even a question among luxury consumers, Louis Vuitton is taking a page out of the Hermès playbook to reclaim its luxury status through one its most sought-after bags, the...
Nike has been steadfast in its commitment to direct-to-consumer (D2C) efforts since 2017, which led to a reduction in its retail partnerships. However, the sportswear giant is now changing its tune, not because its prioritization efforts have failed, but because it’s looking to add some...
Despite the shopping feature’s popularity, merchants keep tightening requirements for returns. In today’s competitive in-store and digital marketplaces, where it seems like everyone is seeking out a deal, making a beloved feature less accessible to customers seems like a risky move. And consumers do love...
Where once consumers picked up their personal care products along with their food and beverages at the supermarket, they are increasingly shifting to digital channels to get their health and beauty needs met, leaving grocers in the lurch. By the Numbers Findings from PYMNTS’ study...
Grocers are investing heavily in stepping up their ability to personalize the digital experience with consumer data, and these efforts, PYMNTS research suggests, are paying off. Grocers, consumer-packaged goods (CPG) brands and solution providers alike will be gathering virtually on Monday (June 12) evening to...
Launching a new product is hard, but launching a new molecule and formula is even harder, especially if there isn’t an already existing (and updated) playbook brands can leverage. That’s an undertaking Mother Science founders Mike Einziger, also founding guitarist of the rock band Incubus,...
When examining consumer spending habits, top-down numbers may not tell the whole story. Who exactly is spending and who is not is vital data for retailers, merchants and any other consumer-facing business seeking to market to distinct segments. While total sample size for the PYMNTS’...
