Retail

Retail
Lexus, Toyota Take Control Of Digital Buying Platforms Amid Pandemic
February 01, 2021

Automotive brands are taking control of digital buying platforms by unveiling new experiences for the leasing, financing or purchasing of new vehicles amid the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Simon Property Group Looks To Raise $300 Million For Shell Company
February 01, 2021

Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” The company added, in a press release, that it has filed for an initial public offering (IPO) with...

Retail
With Amazon Growing Share, Fashion-Based SMBs Get New Marketplace Option
February 01, 2021

The apparel market is a rapidly changing place, a fact underlined by Amazon’s rapidly growing share of the market. 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...

Retail
New Findings Indicate Cause For Hope In Restaurant Industry
January 29, 2021

After an extremely difficult year for restaurants, with both local businesses and international chains seeing sales declines and store closures, there may be some optimism returning to the industry. Yelp data indicate that 2020’s fourth quarter showed a return to growth, with 18,207 new restaurants...

Retail
Nike, IKEA Lead In-Store Retail Design Revolution
January 29, 2021

Plant shopping in Ohio is about to become a more immersive experience than the average gardening enthusiast is used to, as Greendigs, a direct-to-consumer (D2C) marketplace for design-forward plants and décor, is opening what it calls a “Living Design” experience. Get the Full Story Complete...

Retail
Lowe’s To Provide $80 Million In Bonuses, Hire Over 50,000 Workers
January 29, 2021

Lowe’s Companies, Inc. will provide its front-line workers with a further $80 million in discretionary bonuses and intends to bring over 50,000 workers on board throughout U.S. stores this spring, according to an announcement. Get the Full Story Complete the form to unlock this article...

Retail
Uber Eats Unveils Medication Delivery In New York City With Nimble
January 29, 2021

After a successful prescription delivery test in Houston, Austin and Dallas, Uber Technologies, Inc. revealed plans to grow its on-demand prescription delivery in New York City, fueled by Nimble. Nimble, a quickly expanding prescription delivery service, links neighborhood pharmacies with delivery, according to an announcement....

Retail
Digital-First Down Under: Visa Report Shows Changes Coming For In-Store Shopping
January 29, 2021

Australia, like many places in the world, has seen its commerce landscape reset by the COVID-19 pandemic and the changes it forced on consumers and merchants. It’s a story told clearly by the numbers, according to PYMNTS’ Global Digital Shopping Index, part of which is dedicated...

Retail
Today In Retail: Walmart Expands Advertising Offerings, Neiman Marcus Group To Invest In Supply Chain
January 28, 2021

In today’s top retail news, Walmart unveiled an extended purview and a new brand for its media business, while Neiman Marcus Group is investing in its supply chain. Plus, Walmart has chosen to bolster the number of stores that will also function as local fulfillment...