Retail

Retail
IKEA Uses AI to Transform Call Center Employees Into Interior Design Advisors
June 14, 2023

IKEA is providing training to call center employees to transform them into interior design advisors. 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,...

Retail
Hill Hearing Spotlights Retail Theft’s Wide-Ranging Impact on Merchants, Communities 
June 13, 2023

Call it the silent killer — of merchants’ bottom lines. 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 this...

Retail
Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
June 13, 2023

Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, business internet, and mobile properties, and all business data, CNBC reported Tuesday (June 13). Get the Full Story Complete the form to unlock this article...

Retail
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
June 13, 2023

It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List  
June 13, 2023

Is Louis Vuitton luxury? Depends who you ask and what products you’re looking at. With that even a question among luxury consumers, Louis Vuitton is taking a page out of the Hermès playbook to reclaim its luxury status through one its most sought-after bags, the...

Retail
Nike Reverses Course to Reestablish Wholesale Partnerships and Expand Retail Presence
June 13, 2023

Nike has been steadfast in its commitment to direct-to-consumer (D2C) efforts since 2017, which led to a reduction in its retail partnerships. However, the sportswear giant is now changing its tune, not because its prioritization efforts have failed, but because it’s looking to add some...

Retail
Retailer Return Policies May Put Future Sales at Risk
June 13, 2023

Despite the shopping feature’s popularity, merchants keep tightening requirements for returns.  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...

Retail
Grocers Losing Share of Health and Beauty Sales to eCommerce 
June 12, 2023

Where once consumers picked up their personal care products along with their food and beverages at the supermarket, they are increasingly shifting to digital channels to get their health and beauty needs met, leaving grocers in the lurch. Get the Full Story Complete the form...

Retail
Grocers Raise the Personalization Bar in Race for Digital Loyalty
June 12, 2023

Grocers are investing heavily in stepping up their ability to personalize the digital experience with consumer data, and these efforts, PYMNTS research suggests, are paying off. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...