Retail

Retail
Today in Retail: Secondhand Retailers Want Big Brand Partners; Escalating Interest Rates Roil Retailers’ Borrowing...
April 11, 2022

Today in retail, secondhand retailers eye branded partners, while retailers, find themselves at risk of rising interest rates. Plus, Asda tests personal shopper deployment with Buymie handling the deliveries, Kmart will be down to three U.S. locations by the end of the week, Walmart+ shoppers...

Retail
Attention Kmart Shoppers: Only 3 Stores Left in US After April 16, Marking End of...
April 11, 2022

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Retail
Rethinking Resale: Secondhand Retailers Are Actively Seeking Branded Partners
April 11, 2022

In an industry that’s currently being pinched by pricing and held back by headwinds, a growing appetite is emerging among consumers and investors for something new and different that can serve as an antidote to the present gloom. Get the Full Story Complete the form...

Retail
After 18 Months, Walmart+ Still Needs 2 Things: More Members and More Spending
April 11, 2022

Roughly a year and a half after launch, Walmart’s membership program, Walmart+, seems to be falling short of the key goals part of any commerce subscription plan: Getting consumers to spend more, and more often, each time they visit. Get the Full Story Complete the...

Retail
Rate-Sensitive Retailers Getting Rocked by Rising Borrowing Costs
April 11, 2022

They have survived COVID, sidestepped the supply chain, and have — so far — been able to manage their way through a multigenerational bout of inflation. Now, as retailers face their fourth major economic test in the past 25 months, many of the same players...

Retail
Levi Strauss & Co. Eyes East Asia Pacific Growth
April 11, 2022

Levi Strauss & Co. is hoping the brand power that’s allowed the company to raise prices while also increasing its digital and direct-to-consumer sales in the first quarter of fiscal 2022 will also work in East Asia Pacific, where the company is planning an expansion...

Retail
Target Tests Secondhand Market With ThredUp Partnership
April 10, 2022

Target is reportedly getting into secondhand sales again with a new deal with resale company ThredUp, CNBC writes. 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...

Retail
Today in Retail: Klarna and About You Partner on EU eCommerce Payment Option; Shopify and...
April 08, 2022

In today’s retail news, buy now, pay later (BNPL) payments provider Klarna has teamed up with About You to provide German and Swiss shoppers with a BNPL payment option. Plus, Shopify and Strike are partnering to bring bitcoin payments to global merchants. Get the Full...

Retail
Need for Pharmacy Innovation Rises as Gap Between Winners, Losers Widens
April 08, 2022

In a land of giants, where the corner pharmacy of yore is all but extinct, the fate of Rite Aid hangs in the balance, and perhaps the future of drugstores as we’ve now come to know them does too. Get the Full Story Complete the...