Retail

Retail
33% Of Paycheck-to-Paycheck Consumers Won’t Shop More at Physical Stores Until the Pandemic Ends
November 09, 2021

While the greatest share of all consumers say health-related issues are their top reason for concern about COVID-19, consumers who live paycheck to paycheck with difficulty are more likely than others to say the financial impact is their greatest concern about the pandemic. Get the...

Retail
Today in Retail: Walmart Manages Fully Driverless Deliveries; Lowe’s to Launch Room-Scanning Tool
November 08, 2021

In today’s top retail news, Walmart’s partnership with autonomous trucking company Gatik has achieved daily deliveries without a safety driver, while Amazon is promoting the use of its payment service on other merchants’ websites ahead of the holidays. Also, Lowe’s is adding a new tool...

Retail
Lowe’s to Add Room-Scanning Tool to App
November 08, 2021

Lowe’s is set to launch a new feature in its app called Measure Your Space, a room scanning, measurement and estimate tool that the home improvement brand says is part of its vision for “spacial commerce.” Get the Full Story Complete the form to unlock...

Retail
US Retailers Pin Hopes on Tourists As Travel Ban Lifts
November 07, 2021

U.S. retailers are hoping incoming international travelers will help buoy sales for the holiday shopping season, CNBC reported. 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: Connected Fitness Boom Coming to an End; Retailers Struggle With Policy Abuse
November 05, 2021

In today’s top retail news, increased memberships at Planet Fitness and slowing growth at Peloton suggest in-home fitness may be a pandemic fad for some consumers, while retailers look for ways to combat abuse of their return policies and promotions. Also, Pinterest said it’s fine...

Retail
Pacsun Introduces First Kids Store at Mall of America
November 05, 2021

Pacsun is introducing a dedicated store for kids and just launched its first location at the Mall of America, the largest mall in the U.S. located in Bloomington, Minnesota, according to a Friday (Nov. 5) press release. Get the Full Story Complete the form to unlock...

Retail
Pinterest ‘Well-Positioned’ as Stand-Alone Business, CEO Says
November 05, 2021

Pinterest is continuing to invest in transitioning the photo-sharing social media site to a center of commerce even as monthly user growth continues to slow, with executives saying they are confident in the company’s plans as a stand-alone business. Get the Full Story Complete the...

Retail
AMZN vs WMT Weekly: Walmart Tries to Make Itself Heard Over Alexa
November 05, 2021

When you think of voice-powered assistants, the first thought is likely Alexa (sorry, Siri and Google Assistant) — Amazon’s offering has nearly two-thirds of the voice artificial intelligence (AI) market, giving the company a leg up in its connections to consumers. Get the Full Story...

Retail
Retailers Getting Hit With $90B of Bogus Returns, Promo Abuse
November 05, 2021

Losing over 2% of revenue each year would be cause for great concern for most consumers — yet for many eCommerce businesses, it’s a fact of life that they struggle to combat as bad actors abuse policies that are meant to make things easier for...