Retail

Retail
Walmart Puts Up $1B+ Toward Employee Education
July 27, 2021

Retail behemoth Walmart is earmarking more than $1 billion across the next five years to help its employees in the U.S. further their education in a move to cover tuition and books, per a Walmart press release on Tuesday (July 27). Get the Full Story Complete...

Retail
Today In Retail: Klarna To Acquire Social Commerce Company; BigCommerce Makes A Big Buy
July 27, 2021

In today’s top retail news, Klarna is adding to its stable of social commerce companies, while BigCommerce makes an acquisition of its own to expand the platform’s capabilities. Also, thredUP is preparing to enter the European market amid a reCommerce frenzy, and Shopify will now...

Retail
Shopify Will Let Merchants Sell NFTs
July 27, 2021

Shopify will allow its merchants to sell non-fungible tokens (NFTs), the head of the eCommerce platform announced on Monday (July 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Japan’s BNPL Platform Paidy Launches New Shopping App
July 27, 2021

Japan’s buy now, pay later (BNPL) firm Paidy is rolling out a new discovery app to help users find what they want from thousands of digital retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Retailers Rethink Appointments As An Easy Bridge That Can Boost Omnichannel Sales
July 27, 2021

With capacity limits lifted in most parts of the U.S., it may be expected that retailers would start phasing out customers’ ability to schedule shopping appointments as pre-pandemic shopping spontaneity returns. However, retailers are actually doubling down as consumer demand for appointments surpasses levels seen...

Retail
thredUP Acquisition Sets Europe As Next Resale Battleground
July 27, 2021

California-based thredUP is preparing to enter the European market via the acquisition of reCommerce platform Remix, a move that comes as the resale market is poised to explode in both the U.S. and Europe. Get the Full Story Complete the form to unlock this article...

Retail
Klarna Adds To Retail Support Services With Another Social Commerce Acquisition
July 27, 2021

Payments and shopping platform Klarna announced plans to acquire another social commerce company on Tuesday (July 27), in a move aimed at helping it round out its retail services and meet rising consumer demand for better interactive shopping experiences. Get the Full Story Complete the...

Retail
Online Delivery, COVID Vax Shipments Spur UPS Q2 Success
July 27, 2021

The continued growth of eCommerce deliveries, increases in air shipments and record levels of parcels requiring special handling — including COVID-19 vaccines — were key factors in the higher-than-expected revenues reported Tuesday (July 27) by United Parcel Service. Get the Full Story Complete the form...

Retail
Sherwin-Williams Revenues Near $5.4B Despite Big Drop In Consumer Sales
July 27, 2021

The Sherwin-Williams Company reported an overall increase in net sales of 16.9 percent to almost $5.4 billion for the second quarter of 2021, but the numbers show a 25 percent dip in the consumer sales segment of the business, which saw lower sales volume and...