Just as the pandemic has accelerated the adoption of new eCommerce technologies, it might also hasten the demise of Black Friday as we’ve known it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Kroger will announce its earnings on Friday (Sept. 9) at the market’s open, marking the end of an aggressive second quarter in which the supermarket giant finds itself competing beyond its traditional category competition and going up against Amazon and Walmart. Get the Full Story...
Regardless of what happens with the sale of TikTok, social commerce could become a retail factor to reckon with in Q4, and is definitely ready for its close-up in 2021. In fact a new report puts the global market for social commerce at $89.4 billion this year...
Pandemic or not, people are still getting married. And social distancing or not, they’re still having weddings – although the scale and scope of them are radically different than even the most aggressive Bridezilla could imagine. Caught somewhere in the middle is a category that...
American Eagle Outfitters, Inc. reported on Wednesday (Sept. 9) that Q2 digital demand, which is tracked by ordered sales, surged 48 percent. The apparel retailer reported that Aerie digital demand jumped 113 percent and AE rose 21 percent, according to an announcement. Get the Full...
At a time when the pandemic is reshaping the luxury industry, LVMH Moët Hennessy Louis Vuitton SE indicated on Wednesday (Sept. 9) it is withdrawing from a $16.2 billion acquisition of Tiffany & Co., The Wall Street Journal reported. Get the Full Story Complete the...
Good Sam, which calls itself “the world’s largest organization of recreational-vehicle owners,” unveiled plans Tuesday (Sept. 8) to launch a new digital platform called RV.com and a sister print publication called RV Magazine in January. The new products come even as the company announced plans...
Amazon put a new date on the calendar last week. No it’s not Prime Day. But it has told its sellers that “Black Friday” deals will start on Monday, Oct. 26, leaving the rest of the retail world to read the tea leaves on Amazon’s...
One of the overlooked elements from the retail earnings reports of recent weeks is inventory levels. With more dramatic numbers like eCommerce spikes and same-store comp sales decreases available, inventories are easy to miss. But several reports are pointing to healthy inventory positions as a...
