Nine months after Nordstrom, 15 months behind Neiman Marcus, and half a decade behind the U.S. debut of TikTok, and Saks — the self-titled “premier luxury eCommerce platform” — has finally arrived at the hippest party in town, at least as far as social commerce...
While many merchants across the U.S. and around the world were disappointed with the results of the unofficial kickoff weekend to the 2021 holiday shopping season, Shopify’s platform topped $6.3 billion in sales from the start of Black Friday in New Zealand through the end...
Today in retail, restaurants and grocery stores use shrinkflation to get customers to pay the same amount for less of what they want, while Weber widens its reach to expand its customer base. Plus, Sephora and Kohl’s will have 850 shop-in-shops by the end of...
At grocery stores and restaurants, as prices rise, containers are shrinking. 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 daily newsletter, PYMNTS Today. By completing...
Kohl’s on Tuesday (Feb. 15) revealed the 400 stores across 36 states from Alaska to Maine that will house Sephora at Kohl’s shops by the end of this year, bringing the number of Sephora at Kohl’s stores to 600, keeping the company on target to...
Checkout-free technology platform Grabango has partnered with convenience store chain MAPCO to add checkout-free operation to its locations across the southeastern U.S., starting in Tennessee, according to a Tuesday (Feb. 15) press release. Get the Full Story Complete the form to unlock this article and...
The big brand store-in-store partnership trend saw a major new backer Tuesday (Feb. 15) as embattled department store Kohl’s revealed plans to triple its recently launched Sephora venture and expand it to 400 additional locations this year — with another 250 slated to open in...
Fashion brand Louis Vuitton is joining other high-fashion competitors in raising its prices Wednesday (Feb. 16) because of increased manufacturing and transportation costs, a spokesperson for French luxury goods company LVMH in China told Reuters. Get the Full Story Complete the form to unlock this...
In its short six-month life as a public company, outdoor grill maker Weber has faced challenges and investor pressure not seen in its 70-year existence. Hit with rising freight costs and inflation that’s running at generational highs, the suburban Chicago manufacturer’s stock has fallen 35%...
