Global clothing retailer Inditex, parent company of Zara, on Wednesday (March 16) in its 2021 full-year and fourth-quarter earnings presentation said it expects 30% of its revenue to come from online sales in 2024, continuing a transition to a more eCommerce-heavy business that started during...
It’s been said that the first step toward solving a problem is acknowledging you have one. 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...
Blackhawk Network is partnering with Custom Business Solutions (CBS) on new digital point of sale (POS) options for restaurants and those in the retail space, the companies announced Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in retail, a direct-to-consumer toothpaste startup finds its audience, while Macy’s is overhauling its website and focusing on customized shopping experiences. Plus, Walmart Global Tech team is adding more than 5,000 employees and hubs in Toronto and Atlanta and H&M Group reports 23% year-over-year...
Macy’s plans to overhaul its website and train some employees to become personal stylists in an attempt to offer more customized shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
H&M Group on Tuesday (March 15) announced its net sales for the first quarter of fiscal 2022 were up 23% year over year, finishing the three-month period ending Feb. 28 at 49.166 million SEK ($5.12 million), although that number might change when the full earnings...
It’s tough out there right now and economic uncertainty and rising prices are clearly making life difficult for retailers and consumers who have already endured two traumatic years of life under COVID. Get the Full Story Complete the form to unlock this article and enjoy...
It is a quintessential David vs. Goliath fight, only in this case David is a clever personal products inventor and Goliath are the toothpaste titans of the multibillion oral care industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Today in retail, SoftBank sells $1 billion in shares of eCommerce platform Coupang while brand aggregator Flummox raises $12.9 million to invest in its portfolio. Plus, Walmart invites innovators to apply for its ninth annual Open Call event, Amazon’s share of eCommerce hits an all-time...
