Retail

Retail
Lululemon Adds Textile Recycling to Its Circularity Initiatives
May 19, 2023

Lululemon has made a minority investment in Australian recycling company Samsara Eco. 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
Even Discount Retail CEOs Say Shoppers Are Pulling Back   
May 19, 2023

Amid inflation, shoppers are actively seeking out affordable options. This trend has prompted consumers to search for merchants whose prices are in line with their budget. This has proven advantageous for retailers like Ross Stores, which strive to offer the “best branded bargains possible at...

Retail
Retail Crime Epidemic Sparks Store Closures Including Target, REI and Walmart
May 18, 2023

Target has reported a disturbing surge in retail crime, which is anticipated to cause an estimated $500 million more in losses and stolen merchandise this year compared to the previous year. In fact, workers at a Target store in downtown San Francisco recently told a...

Retail
T.J. Maxx Thrives as Bed Bath & Beyond Exits and Gen Z, Millennial Shoppers Drive...
May 18, 2023

Amid reports of struggling sales among other retailers, T.J. Maxx has benefited from the growing interest and support of Gen Z and millennial shoppers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
eBay Acquires Certilogo to Boost Brand Authentication
May 17, 2023

eBay is ramping up its luxury efforts with the purchase of authentication firm Certilogo. 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...

Retail
Retail Giants IKEA, Century 21, Macy’s Embrace Streamlined Approaches 
May 17, 2023

In line with retailers like Macy’s, Bloomingdale’s, and Century 21, Swedish furniture giant IKEA is also embracing a smaller and more streamlined approach.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Report: Shein Raises $2 Billion but Slashes Valuation by 1/3
May 17, 2023

Shein’s latest funding round has reportedly lowered its $100 billion valuation by a third. 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
Selfridges Launches Pop-up Shop Devoted to Pre-Owned Clothing and Accessories
May 16, 2023

Selfridges has launched a pop-up shop at which consumers can resell or restore pre-owned clothing and accessories. 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...

Retail
Elizabeth Arden Launches Shoppable Virtual Store to Reach New Generation
May 16, 2023

Elizbeth Arden has launched a virtual store that enables browsing, gameplaying and shopping. 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...