The surge in online shopping and practices like “bracketing”— ordering multiple sizes or variations with the intent to return unwanted items — has significantly increased return volumes, posing logistical and financial challenges for retailers, according to Hannah Bravo, CEO at Loop Returns. Get the Full...
Artificial intelligence (AI) helped holiday sales reach record levels this year, new Salesforce data shows. 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,...
The holiday season is the golden quarter for eCommerce, where businesses pull out all the stops to maximize sales. Yet, as the festive glow dims in January, a challenge of equal magnitude looms above the retail landscape: the holiday returns season. Get the Full Story...
Big Lots, a once-dominant player in the discount retail sector, faces an uncertain future following an acquisition by Gordon Brothers Retail Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A surge in U.S. car sales seen at the end of 2024 is reportedly not expected to last into 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Fewer consumers visited retail stores in the United Kingdom during the holiday shopping season and the entire year of 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
While Amazon and Walmart take a breather and process a fresh influx of returns, we thought we’d take a look into the interplay between online and in-store retail, which has been getting a lot of attention these days. Get the Full Story Complete the form...
Hindenburg Research said Thursday (Jan. 2) that it has taken a short position in shares of online car dealer Carvana, alleging a “father-son accounting grift” at the firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Online ticketing marketplace Vivid Seats is reportedly exploring a sale after getting some takeover interest. 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....
