Retail

Retail
Consumer Spending Shows Signs of Summer Recovery, but Retailers Are Cautious
June 11, 2024

Consumer spending is beginning to show signs of recovery going into the summer, but major retailers are not getting their hopes up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Consumers Tap Dad’s Summer Grilling Excitement for Father’s Day Gifting
June 11, 2024

As consumers seek Father’s Day gifting options more creative than yet another tie, some are buying their dads fancier cuts of meat as barbecue season gets into full swing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Baby Boomer Shoppers Set New Spending Priorities
June 11, 2024

For older consumers, shopping is more about meeting basic needs than splurging on nonessential products to make them feel good. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Consumers Splurge on Specialty Fashion Brands Amid Inflation
June 10, 2024

Amid financial uncertainties, U.S. consumers are becoming more discerning in what nice-to-have retail products they are willing to indulge in, shifting their purchasing away from major retailers toward smaller brands, with clothing and accessories companies benefitting from this trend. Get the Full Story Complete the...

Retail
Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
June 10, 2024

As inflation continues to erode purchasing power, financially unstable consumers, squeezed by higher prices on everything from groceries to gasoline, are increasingly turning to discount and value-focused retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Michael Kors Offers Customers Mastercard’s AI-Powered ‘Muse’
June 10, 2024

Fashion retailer Michael Kors adopted Mastercard’s artificial intelligence-powered shopping assistant. 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. By completing this...

Retail
Shopping Center Vacancies Hit Lowest Level in 20 Years
June 09, 2024

Don’t write any obituaries for the American shopping center just yet. 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. By completing...

Retail
Gen Z and Millennial Sock Shoppers Go Toe to Toe
June 08, 2024

It looks like there’s a generational paradigm shift in a key hosiery category — on platforms such as TikTok, viral videos depict a lighthearted sock war between millennials and Generation Z. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Apparel Retailers Use New AI Features to Reduce Online Returns
June 07, 2024

As clothing brands and retailers continue to struggle with the costly problem of returns, many are turning to artificial intelligence to help consumers buy products they will actually want when they arrive. Get the Full Story Complete the form to unlock this article and enjoy...