After years of falling traffic and struggling sales that culminated in last year’s bankruptcy filing, JCPenney is embarking on a massive push into the prestige beauty space, hoping to bring back customers and replace its former in-store partnership with Sephora. Get the Full Story Complete...
Costco has completed another round of high sales, with core same-store growth in September rising 10%, Seeking Alpha reported, citing UBS analyst Michael Lasser. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In today’s top retail news, Levi Strauss & Co.’s sales continue to grow as consumers seek refreshed wardrobes, while Lululemon is preparing to bring its connected fitness platform Mirror to its home country of Canada. Also, Best Buy is pushing its new Totaltech membership to...
Self-service is evolving beyond the kiosk. Essen, Germany-based global discount grocery chain Aldi announced Friday (Oct. 1) that it is testing out computer vision checkout at one of its locations in the Netherlands. Get the Full Story Complete the form to unlock this article and...
Walmart’s apparel ambitions are increasingly focused on the youngest of consumers, kids, as the retailer tries to expand its share of the clothing market through new clothing lines and collaborations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The accelerated adoption of eCommerce over the past 18 months has created a potentially lucrative space for newcomers looking to reach shoppers. Brand loyalty is falling, according to several industry watchers, and nearly 84% of consumers who used online shopping during the pandemic plan to...
Digital electronics retailer Newegg said on Thursday (Oct. 7) that it is testing an app-based livestreaming platform dubbed Newegg Live, which will let customers communicate with the hosts of livestream events and grab exclusive deals during the session. Get the Full Story Complete the form...
Athleisure apparel company Lululemon plans to bring Mirror, the interactive home gym, to almost 40 Canadian stores, with the connected fitness equipment available for in-store and online purchases starting Nov. 22. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Increased casualization and a need for new clothes are driving continued growth for apparel giant Levi Strauss & Co., with the company citing its diversified supply chain as helping it avoid the worst of the global supply chain crisis. Get the Full Story Complete the...
