It was not the kind of birthday party that secondhand apparel platform Poshmark would have hoped for. After its soaring IPO debut 15 months ago, where its stock briefly raced above $100 per share, it has literally been all downhill for the reCommerce platform ever since....
Today in retail, Better & Better rakes in $4 million for product line expansion and retail growth, while Nike is expanding its D2C operations and offering fewer markdowns. Plus, Amazon says Echo and Alexa can do a lot more than most people realize, and Alibaba...
The world’s top apparel seller isn’t Amazon, AliExpress or Walmart. As of the latest PYMNTS Provider Ranking of Shopping Apps, the enigmatic brand SHEIN is number one, continuing the fascinating story of how SHEIN turns fashion trends into transactions at speed and scale. Get the...
It’s been decades since the “I’ve fallen and I can’t get up” ads of the 1980s first hit the airwaves, offering seniors and others living alone a way to call for help via a small pendant worn around the neck if they were unable to...
Personal products line Better & Better has closed a $4 million fundraising round that will accelerate the expansion of its vitamin-infused oral healthcare product lineup, help to grow its retail footprint and ramp up its sales and marketing strategy, according to a Tuesday (March 22)...
To hear CEO John Donahoe tell it, Nike is doing what it always does, staying on the offense. 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...
Today in retail, Wasoko targets supply chain inefficiencies, and Amazon is gaining on Walmart in the health and personal care segment. Plus, Nike preps an earnings report while facing inflation, and Kohl’s gets multiple bids in potential buyout discussions, including from Hudson’s Bay parent HBC...
Within the spectrum of problems facing retailers right now, Nike’s predicament of being the most sought-after and recognized brand in the world would seem to be a pretty good one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Kohl’s has gotten “multiple” preliminary offers from entities looking to acquire the department store chain, company officials confirmed Monday (March 21), according to a company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
