Among the myriad health and wellness trends that have grown more popular since the start of the pandemic, one of the arguably more surprising categories to take hold is non-alcoholic beverages that resemble their alcoholic counterpoints. In addition to the rise in spirits-free “mocktail” sales,...
In today’s top retail news, Simon Property Group CEO David Simon says the mall is a safe place to be despite a rise in COVID-19 cases across the U.S., while BigCommerce and Sezzle are making buy now, pay later (BNPL) news — albeit on a...
As tech companies reported record-setting quarterly earnings revenues last week, one very familiar issue continued to loom large across the entire sector: the ongoing global semiconductor shortage – and it shows no signs of abating. Get the Full Story Complete the form to unlock this...
Despite concerns that the spread of the COVID-19 Delta variant could impact consumer spending as pandemic anxiety rises again and mask mandates are reintroduced across the U.S., mall operator Simon Property Group is pushing forward as demand for leases increases. Get the Full Story Complete...
When Google stepped in last week with its new Retail Search product, it put a spotlight on the retail industry’s abandonment issues, wherein U.S. merchants lose out on $300 billion in sales because consumers can’t find what they’re searching for. Get the Full Story Complete...
Under Armour reported on Tuesday (Aug. 3) a better-than-expected 91 percent increase in year-to-year revenue to $1.4 billion for the three-month period ending June 30 despite an 18 percent fall in eCommerce sales in the quarter. Get the Full Story Complete the form to unlock...
The Clorox Company reported a 9 percent overall drop in year-to-year sales for the fourth quarter of fiscal 2021, ending June 30, pointing to slow shipments and a decrease in consumer spending as they worked through their pandemic stockpile of cleaning supplies. Get the Full...
With Square preparing to acquire Afterpay for $29 billion, the buy now, pay later (BNPL) space is hotter than ever. The Square-Afterpay deal will see Afterpay integrated into both the Seller and Cash apps to offer BNPL services to a much wider range of merchants...
As the Delta variant of COVID-19 surges, retailer Target will now be requiring its employees to don masks again. 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...
