Retail

Retail
Why DTC Is A Better Path Than A Marketplace For Bespoke Offerings
November 22, 2019

When it comes to their pets, Americans are more than willing to shell out impressively large sums of cash. In 2018, American consumers spent $70 billion on their pets. The largest category of spending is on food – around $23 billion each year, or roughly 32...

Retail
Retail Sales Drop In Canada For First Time In Three Months
November 22, 2019

With a less-than-anticipated decline, retail sales in Canada dropped in September for the first time in three months. Statistics Canada noted that retailers sold 0.1 percent fewer goods in the month as shoppers spent less on gasoline and motor vehicles, which beat a median forecast...

Retail
Tesla’s Cybertruck Debuts At Los Angeles Event
November 22, 2019

At one of the firm’s signature promotional events in Los Angeles, Tesla CEO Elon Musk unwrapped the automaker’s Cybertruck all-electric pickup. The vehicle, which will start at $39,900, is designed in the form of a large metallic trapezoid, CNBC reported. Get the Full Story Complete...

Retail
L’Oréal’s Integration With Salesforce Brings eCommerce Boost
November 22, 2019

L’Oréal has been using various cloud-based enterprise and customer relationship management (CRM) solutions from Salesforce to sell its products online, resulting in a 48.5 percent boost in eCommerce sales in the first half of 2019. Get the Full Story Complete the form to unlock this...

Retail
Simon Debuts Multi-Brand Concept With Guesst
November 22, 2019

Simon Property Group has partnered with Retail-as-a-Service (RaaS) platform Guesst on a multi-brand experiential retail concept. 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...

Retail
Supermarket Chain Ahold Tests Cashierless Store In MA
November 21, 2019

Retail Business Services (RBS), the services company of Ahold Delhaize, has announced that it is testing out a new frictionless store technology at its Quincy, MA office. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
How ‘Circular Sourcing’ Powers Renewable Retail
November 21, 2019

There are plenty of firms in the shoes and apparel sector that are “going green” to some extent. But new shoe startup Thousand Fell is taking the quest a bit more seriously than most, with a fully recyclable shoe and a vision for keeping old...

Retail
Automating Food Prep For Faster Quick-Service
November 21, 2019

With technologies that can automate the preparation of quick-service staples such as pizza, robotics firms that serve the restaurant market are gaining traction. News surfaced this week that food production technology provider Picnic notched an additional $5 million in seed funding and is bolstering its leadership team...

Retail
Tracing The Path Of Sustainable Luxury Back To 1970s Peru
November 21, 2019

Back in the 1970s, when Annie Hurlbut Zander was an anthropology student researching Andean marketplaces in Peru, she became, in her own words, “addicted” to the textiles she would come across. “In the Andes, each village has its own distinctive weaving style, its own iconography...