Nike continues its sprint into the digital-first world with Nike Unite stores, with nine locations slated to be in operation this year. In a news release, Nike said the new program is built around offering “new in- and out-of-store experiences” and catering to local interests....
Customer experience platform Narvar is partnering with real estate investment trust Simon to facilitate easier retail returns, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Chinese eCommerce platform Pinduoduo plans to raise up to $5.6 billion to invest in its one-day delivery service of farm goods across China, among other projects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Shoppers in China are making up for lost time, throwing money at luxury goods and cosmetics amid the COVID-19 pandemic, according to a CNBC report on Tuesday (Nov. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Kohl’s reported Tuesday (Nov. 17) that the pandemic has cut into its clothing and footwear sales, slashing comparable sales by 13.3 percent in Q3. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The digital shift is alive and well at Walmart. The largest U.S. retailer posted its third-quarter earnings on Tuesday morning (Nov. 17) with another quarterly spike in eCommerce sales and, perhaps more importantly, an increase in profit from its overhead-heavy digital sales effort. Get the...
The Home Depot rode the pandemic-driven home improvement wave to a big jump in its in-store comp sales for Q3. The company reported sales of $33.5 billion for the third quarter of fiscal 2020, an increase of $6.3 billion, or 23.2 percent above 2019. Comparable...
U.S. retail sales rose 0.3 percent in October to $553.3 billion, missing forecasts but still up for the sixth consecutive month, according to the monthly U.S. Census Bureau report released on Tuesday (Nov. 17). Get the Full Story Complete the form to unlock this article...
Shopify has expanded its payment options for merchants with a new partnership with Alipay, China’s payments app. 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...
