One of the overlooked elements from the retail earnings reports of recent weeks is inventory levels. With more dramatic numbers like eCommerce spikes and same-store comp sales decreases available, inventories are easy to miss. But several reports are pointing to healthy inventory positions as a...
Kohl’s has rolled out its new Kohl’s Rewards loyalty program throughout the country after a successful pilot in multiple markets, according to a Tuesday (Sept. 8) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
To handle heightened demand for digital gifting and sharing, 1-800-FLOWERS.COM intends to hire more than 10,000 seasonal workers throughout its upscale food and gifting brands for the 2020 holiday season. The company said that hiring has started at Harry & David, The Popcorn Factory, Cheryl’s...
As PYMNTS continues to chronicle business impacts of the novel coronavirus, patterns are emerging that suggest how much things actually have changed in just a twinkling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The reCommerce business has met the sharing economy. That’s the oversimplified view of the business model adopted by Wardrobe, a new kind of peer-to-peer fashion rental company that on Tuesday (Sept. 8) is breaking out of its New York City beta test and into a...
Consumers are living in stressful times, and Patrick Gauthier, vice president at Amazon Pay, told PYMNTS in a recent interview that merchants working to prepare for retail’s new normal should start by addressing that. Get the Full Story Complete the form to unlock this article...
Auto sales, disrupted by the coronavirus pandemic, are at an odd junction this year with far fewer sales than normal, but higher prices, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Klarna, the global payments and shopping service based in Sweden, has redesigned its app for users in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Outside of the pandemic — if there is such a thing as outside of the pandemic — two stories have been the most compelling in retailing so far this year. The first is the digital shift. The second is the rise of direct-to-consumer (DTC) brands....
