Fulfillment technology platform Flowspace landed $31 million in new funding. BuildGroup headed up the Series B investment, with current investors also participating, according to a Tuesday (March 16) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
DICK’S Sporting Goods has rolled out its VRST athletic clothing brand, which is developed for the “modern active man who lives life on the go,” according to a Tuesday (March 16) announcement. Get the Full Story Complete the form to unlock this article and enjoy...
In the last year, American consumers’ adoption of online grocery solutions has rapidly accelerated. PYMNTS research found that, by December, 23 percent of U.S. grocery shoppers were ordering online more than before the pandemic, and 64 percent of grocery shoppers reported purchasing groceries online at...
In today’s top retail news, H&M indicated that 80 percent of its 5,000 global stores had currently opened up again from pandemic-related closures, while more U.K. consumers are turning to social media platforms to do their shopping. Plus, factory and retail industry activity jumped in...
Swedish fashion retailer H&M said Monday (March 15) that 80 percent of its 5,000 global stores had currently reopened from COVID-related closures, marking a continued rebound in sales and earnings that have been battered by the pandemic. Get the Full Story Complete the form to...
Just as Amazon finally caught up to Walmart in the battle for share of total U.S. retail sales, the dominant digital retailer looks to be aiming to close the last — and only — major category where it lags behind Walmart: food and beverage. Get...
Factory and retail industry activity jumped in China during January and February, coming out ahead of expectations, Reuters reported. 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...
More U.K. consumers are turning to Facebook, Instagram and TikTok to do their shopping as a way to get around protracted pandemic-related retail store closures across Europe, new research shows. According to research from Mastercard, 43 percent of respondents said they are “social shopping” more...
In today’s top retail news, The Buckle, Inc. posted an 18 percent increase in same-store sales, while Kirkland’s Inc. posted a comparable sales rise of 1.8 percent. Plus, a short but optimistic update issued by Burberry provided a lift to the firm, as well as...
