For retailers, the beginning of November would normally be the ramp-up to the holiday season. It used to be a time to check inventory, optimize media campaigns and revisit strategies for Thanksgiving weekend. Get the Full Story Complete the form to unlock this article and...
The Estée Lauder Companies Inc. reported on Monday (Nov. 2) as part of its fiscal Q1 2021 earnings that net sales fell 9 percent on an as-reported and constant currency basis, according to a press release. Get the Full Story Complete the form to unlock...
After more than half a year of living the pandemic lifestyle, consumers are getting comfortable with their digital lives – and a bit bored with their own home cooking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In September PYMNTS reported on findings that “Patrons of restaurants and bars are more likely to contract COVID-19 … according to a survey by the Centers for Disease Control and Prevention (CDC).” About two weeks later, PYMNTS reported that the restaurant segment “showed some signs of shifting back toward pre-pandemic...
As it takes over a large space that Bed Bath & Beyond is leaving behind, The Home Depot is preparing to bolster its footprint in Manhattan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The consumer-packaged goods business has seen the future and it is direct-to-consumer (D2C). Recent earnings calls and other developments show that while CPG companies averaged about a 5 to 10 percent sales increase during Q3, they’re also looking at the D2C space for future growth....
After being on again, off again, the merger deal between iconic jewelry brand Tiffany & Co. and Paris luxury giant LVMH is signed, sealed and moving forward at $131.50 a share — some $430 million less than previously agreed to, LVMH said in a statement....
Walmart is looking at merging its fulfillment centers and the aisles of its stores. As online sales surge during the pandemic, the retailer plans to test a new concept at four stores that will “operate as both physical shopping destinations and online fulfillment centers,” the company...
Conversational technology and contextual commerce continue to gain momentum at retail as H&M has now added virtual assistant and live chat agents directly from services like Google Maps or Google Search. The integration of virtual assistant and live chat deployment is said to be the...
