Brands are beginning to dip their toes into the virtual worlds of the metaverse, with Gucci, Nike, Vans and others opening up shop in Roblox, while Balenciaga and the NFL are among those creating “skins” for players in Epic Games’ Fortnite. Get the Full Story...
In today’s top retail news, luxury brands are actively curating their own selections of secondhand items to attract their niche of customers, while the new omicron coronavirus variant is threatening retail’s recovery. Also, Cyber Monday sales fell year-over-year to below $11 billion, and Twitter’s new...
With the busiest shopping day of the year having come and gone and its online equivalent now in the history books too, PYMNTS’ Black Friday retail research has revealed five key consumer trends that emerged from the early burst of holiday gift buying. Get the...
Cyber Monday sales fell for the first time in at least a decade, dropping 1.4% from $10.8 billion last year to $10.7 billion this year, according to Adobe Analytics data released Tuesday (Nov. 30). Get the Full Story Complete the form to unlock this article...
With U.S. inflation above 6% and the new COVID-19 omicron variant quickly emerging across the world, retailers are bracing for the possibility that supply chain disruptions and labor shortages could extend well into 2022 and are looking for ways to dampen the impact. Get the...
Each week, it seems, another luxury brand jumps into the secondhand market. Last week, for example, it was Oscar de la Renta; before that, it was Net-a-Porter; and last month, Valentino launched a project with four international boutiques to create a dedicated resale section on...
Jack Dorsey’s surprise announcement on Monday (Nov. 29) that he would be stepping down as CEO of Twitter opens the door for a potential new chapter of innovation and growth under new Chief Executive and former CTO Parag Agrawal — one that perhaps sees a...
Merchants who want to sell plans that cover product failure and, in some cases, accidental damage should know that marketing language matters. Consumer interest in buying these plans varies by generation, with significant differences among age groups when it comes to the marketing terms they...
Amazon and the U.K. grocery chain Sainsbury’s have collaborated to offer consumers checkout-free shopping at a London supermarket. 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...
