Retail

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...

Retail
Century 21 and Macy’s Embrace Inventory Lightness as Premium Label Stores Downsize
May 16, 2023

Inspired by Macy’s, Century 21, the department store chain celebrated for its deeply discounted designer clothing, is staging a comeback following its closure in 2020. With a renewed strategy, it is embracing a more streamlined approach to retail as it strives to reclaim its prominent...

Retail
Home Depot’s Sales Fall as Consumers Hold Off on Renovations
May 16, 2023

The Home Depot missed Wall Street revenue expectations for the second quarter in a row. 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
Growing Online Payments Fraud Puts Retailer Data Security in the Spotlight
May 16, 2023

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Mario Shiliashki, Global Payments CEO at PayU, says retail will likely face another challenging year. Merchants must collaborate closely...

Retail
Victoria’s Secret Ditches the Runway for Film, but Will Consumers Care? 
May 15, 2023

Victoria’s Secret (VS) is reviving its iconic fashion show but with a fresh approach. Instead of the traditional runway event, the brand is featuring women from diverse backgrounds worldwide in a full-length film called “Victoria’s Secret World Tour.” The movie aims to highlight the brand’s...