Retail

Retail
Today in Retail: PayPal Increases Credit Card Cash Back to 3%
April 05, 2022

Today in retail, paper couponing is bouncing back to join digital savings programs, while lower grocery budgets mean shoppers are shying away from name brands. Plus, Sonic Automotive adds a retail hub location in Raleigh, North Carolina, and retailers are pushing forward with “store of...

Retail
Farfetch to Pump Money and Punch Into Neiman Marcus and Bergdorf eCommerce Ops
April 05, 2022

The online luxury retail space got a big new player Tuesday (April 5), when U.K.-based Farfetch said it was investing $200 million into Neiman Marcus’ digital growth and operations, while also re-platforming the website and mobile app of the 115-year-old brand’s Bergdorf Goodman unit. Get...

Retail
As Sales Slump, Sonic Automotive Ramps up Chain of Used Car Omnichannel Stores
April 05, 2022

The auto industry is in a steady decline thanks to supply chain hang-ups, chip shortages and other factors, but that isn’t stopping Sonic Automotive from continuing to expand its EchoPark Automotive brand with the opening of its newest retail hub in Raleigh, North Carolina, according...

Retail
PayPal to Launch New Cash Back Rewards Card Amid Consumer Belt-Tightening Trend
April 05, 2022

At a time when people across the United States and around the world are trying to keep as much money in their pockets as possible, PayPal has announced the PayPal Cashback credit card, giving customers unlimited 3% cash back with every PayPal purchase and 2%...

Retail
The Smaller, Smarter ‘Store of the Future’ Trend Is Real
April 05, 2022

From mega malls riddled with vacancies and empty anchor tenant spaces, to giant stand-alone box stores in need of a refresh, to the realm of changed consumer expectations and shopping behaviors fueled by COVID, it would not be a stretch to say the retail industry...

Retail
Shortages, Inflation Spur New Mix of Paper and Digital Couponing
April 05, 2022

If you ever watched an episode of the reality TV show “Extreme Couponing,” you know that coupon clipping is serious business for price-conscious consumers and the brands offering them the discounts they demand. Get the Full Story Complete the form to unlock this article and...

Retail
Transforming Paper Receipts Into Actionable Data, Insights for UK Customers, Merchants
April 05, 2022

From mobile wallets and mobile banking to QR codes and contactless payments, the pandemic has pushed digital payments into a new era, transforming the way consumers and businesses worldwide make and receive payments. Get the Full Story Complete the form to unlock this article and...

Retail
Today in Retail: Birkenstock Tries to Eliminate Copycats; Off-White Accepts Crypto
April 04, 2022

Today in retail, Birkenstock pressures retailers not to stock look-alikes, while Off-White accepts cryptocurrency payments. Plus, 3D and augmented reality tools are boosting sales and conversion rates for CORT; Hypebeast is crashing the streetwear and sneaker party with a special purpose acquisitions company (SPAC) listing;...

Retail
Hypebeast’s Star-Studded SPAC Deal Set to Roil Sneaker and Streetwear Markets
April 04, 2022

Even if you have no interest in sneaker culture or the red-hot streetwear trend that is simultaneously dominating the fashion, apparel, footwear industries, it’s probably a good time to familiarize yourself with Hypebeast. Get the Full Story Complete the form to unlock this article and...