The receding of the omicron variant of the coronavirus in the United Kingdom has prompted shoppers to return to brick-and-mortar stores, but inflation is blunting their buying enthusiasm, according to new data released by the U.K. Office of National Statistics (ONS). Get the Full Story...
The quip “give the people what they want” aptly describes global shopper behavior as new research finds that the right digital features smartly deployed are winning worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
When fledgling footwear and apparel maker Allbirds, whose stock has fallen almost 70% since its initial public offering (IPO) in November, announced Thursday (Feb. 17) that it plans to begin reselling its gently used shoes, the news marked the latest entry of a retail brand...
Last year, Q4 eCommerce sales at Walmart US grew 69%. This year, they rose just 1%. Although CEO Doug McMillon told investors Thursday (Feb 17) that Walmart was an “increasingly digital” omnichannel business, this stalled eCommerce sales progress in the face of myriad changes and...
At Home, a home décor superstore, is opening six new locations this month, bringing its total store count to 241, according to a Thursday (Feb. 17) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
One of the country’s leading retail landlords says tenants and customers are returning to more of the activities they were doing before the COVID-19 pandemic began ripping around the world almost two years ago — including shopping. Get the Full Story Complete the form to...
Allbirds, an eco-friendly clothing and shoe brand, debuted its Allbirds ReRun resale platform Thursday (Feb. 17), a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Today in retail, Walmart’s business model is becoming increasingly digital, while Crocs is putting more emphasis on the digital segment of the business. Plus, Gucci parent company Kering seeing massive growth in the company’s online segment. Get the Full Story Complete the form to unlock...
It’s been said that “change is the only constant,” and that axiom is as true for the retail industry as it is for Walmart — the operator of over 10,000 stores worldwide and a fast-growing eCommerce business. Get the Full Story Complete the form to...
