Retail

Retail
eBay Deepens Luxury Push With Streetwear Authentication
June 01, 2023

eBay has begun authenticating streetwear as part of its push into the luxury 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 to our daily newsletter, PYMNTS...

Retail
Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
June 01, 2023

In the previous quarter, PYMNTS dubbed Nordstrom’s strategy of excessive discounting as the “big blue mistake.” However, on Wednesday (May 31), the retailer has proven itself resilient by posting a surprise quarterly profit and surpassing revenue estimates. The company’s turnout was attributed to improved inventory...

Retail
Petco Opens One-Stop Destination for Pet Health and Wellness in New York City 
June 01, 2023

Petco, where the pets go. That’s the motto the specialty retailer aims to bring to its latest retail development: Petco’s flagship store in Union Square in New York City.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4net
May 31, 2023

IKEA stores will soon be operating with a new warehouse management system designed to improve the omnichannel experience. 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...

Retail
Rising Organized Retail Theft Puts Pressure on Profits for Major Retailers  
May 31, 2023

It’s more than shoplifting. It’s organized retail theft. That’s been a common narrative for the past few years.  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...

Retail
Instacart Lets Customers Pick Their Favorite Shoppers
May 31, 2023

Instacart is testing a feature that allows users to pick their favorite shoppers. 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....

Retail
Abercrombie Transforms Controversy Into Profits 
May 31, 2023

Abercrombie & Fitch has made significant strides since its days of provocative advertising campaigns that showcased young shirtless male models, turning the brand into a sought-after fashion symbol among millennials.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Beauty Brand Laneige Ditches Sensory Experience for Virtual Shopping 
May 31, 2023

For an industry that thrives on sensory experiences and relies heavily on personal touch and physical treatments, the beauty industry is boldly venturing into a new realm — the metaverse.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Thinking Small Might Be Retail’s New Big Trend
May 31, 2023

Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. 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...