Luxury apparel rental business Rent The Runway announced recently that it has closed a new $60 million equity investment Series E led by Fidelity Investments. The Series E was rounded out with additional contributions from existing investors, including Bain Capital Ventures and Technology Crossover Ventures....
Generation Z (ages 18 to 26) is leading the charge when it comes to the adoption and frequent usage of omnichannel shopping in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Bed Bath & Beyond, the home furnishings retail chain, announced that it is testing a new loyalty program among customers in hopes of boosting online sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
While the holiday shopping season had a slow start, Amazon had a bang-up run, and it’s not over yet. At the same time, traditional retail stores were warm … ish. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
While many things could be in the running for the title “plague of the modern era,” one of the lighter candidates could certainly be the “Pinterest/Instagram fail.” For those unfamiliar with the term, it refers to when a normal person sees some hyper-crafty, hyper-clever thing...
Activewear brand Fabletics, which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In the world of retail, having an online presence may seem to be a necessity. However, it’s not for every retailer. In fact, depending on the type of business, it’s a second-rate or complementary option. Get the Full Story Complete the form to unlock this...
‘Tis the season to riot. A string of major disturbances at malls nationwide on the day after Christmas has led police to increase patrols and malls to ramp up security guard presence — in case consumers needed another reason to avoid physical stores. Get the...
Last-minute spending by holiday shoppers countered a slow start to the holiday shopping season, enabling lots of retailers to beat sales expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
