Retail

Retail
Today in Retail: Birkenstock Tries to Eliminate Copycats; Off-White Accepts Crypto
April 04, 2022

Today in retail, Birkenstock pressures retailers not to stock look-alikes, while Off-White accepts cryptocurrency payments. Plus, 3D and augmented reality tools are boosting sales and conversion rates for CORT; Hypebeast is crashing the streetwear and sneaker party with a special purpose acquisitions company (SPAC) listing;...

Retail
Hypebeast’s Star-Studded SPAC Deal Set to Roil Sneaker and Streetwear Markets
April 04, 2022

Even if you have no interest in sneaker culture or the red-hot streetwear trend that is simultaneously dominating the fashion, apparel, footwear industries, it’s probably a good time to familiarize yourself with Hypebeast. Get the Full Story Complete the form to unlock this article and...

Retail
Birkenstock Pressures Retailers, Suppliers Not to Stock Look-Alike Shoes
April 04, 2022

Sandal maker Birkenstock is pushing retailers to pull similar styles from other brands from their shelves in their brick-and-mortar locations and online stores — and some have begun to comply with the request, according to sources and emails cited by The Wall Street Journal Monday...

Retail
Mattel Launches MEGA BLOKS CarbonNeutral Green Town Line, 99% Recycled Matchbox Tesla Roadster
April 04, 2022

Toymaker Mattel, Inc. on Monday (April 4) took another step forward in its sustainability efforts with the launch of a MEGA BLOKS Green Town line of products and the release of a Matchbox Tesla Roadster that’s made from 99% recycled materials, according to a company...

Retail
UK Clothing Retailer Ted Baker Now Open to Sale
April 04, 2022

One week after declining a pair of takeover offers from an American private equity investor, British fashion retailer Ted Baker said it’s ready to consider a sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
3D + AR ‘Immersive Shopping’ Drive Sales, Conversion Spikes at Furniture Rental Firm CORT
April 04, 2022

It’s not every day that a business that’s been around for 50 years can more than double its sales and conversion rates within three months of adopting a new digital selling tool. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Target Aims at Lower-Income Shoppers by Accepting Food Stamps for Online Orders
April 03, 2022

Target plans to allow shoppers use food stamps to pay for online orders, Reuters wrote Friday (April 1). 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
Today in Retail: JCPenney Could Benefit From All the Attention on Kohl’s; Sytner Group Adds...
April 01, 2022

Today in retail, PYMNTS research found seven out of eight store cardholders used those cards to make their most recent purchases. Plus, By Rotation fashion rental platform has raised $2.9 million in seed funding, and Macy’s new fulfillment center in North Carolina will handle 30%...

Retail
AMZN vs WMT Weekly: For Retail Giants, Q2 Is All About the New
April 01, 2022

Depending on your perspective, today is either April Fool’s Day or the start of the 2nd quarter. 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...