Connected fitness giant Peloton said on Thursday (Sept. 9) that it will begin selling its own private-label apparel, a move likely meant to capitalize on the recent growth in demand for athleticwear as the company continues to diversify its offerings and chart a path out...
Lululemon saw an increase in direct-to-consumer (D2C) net revenue in the second quarter of the year, the athleisure leader reported Thursday (Sept. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Luxury furniture and home goods retailer RH remains bullish that strong consumer spending will continue despite serious supply chain issues, as the company tries to position itself beyond curating and selling products and into conceptualizing and selling spaces. Get the Full Story Complete the form...
Payments software company Square will roll out its Square Register in Canada, which will give businesses an omnichannel commerce option via a point-of-sale (POS) device, according to The Daily News report on Wednesday (Sept. 8). Get the Full Story Complete the form to unlock this...
In today’s top retail news, Amazon and Walmart’s shares of electronics and appliance sales have remained relatively unchanged in the first six months of the year, and Nextech AR Solutions says it will begin offering augmented reality (AR) software to more merchants next month. Also,...
Today in restaurant and grocery tech news, Amazon tests out its Just Walk Out cashierless checkout at two Whole Foods Market locations, while Walmart moves further into contextual grocery commerce. Plus, drive-thru coffee chain Dutch Bros. is going for a $3.3 billion valuation. Get the...
Walmart, the world’s largest grocer, continues to be an industry leader in contextual commerce. The retailer announced on Wednesday (Sept. 8) that it is partnering with media giant Meredith Corporation to create shoppable ads that allow consumers who interact with the media company’s content to...
Not too long ago, cashiers would be able to process maybe a couple of hundred orders in an eight-hour shift, repeatedly scanning items brought to them by a customer and sending them off in a matter of minutes. With many consumers now opting to pick...
In the past two weeks, two different direct-to-consumer (D2C) sneaker brands have each filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), a sign of how competitive the footwear and apparel market has become. Get the Full Story Complete...
