Retail

Retail
eCommerce Gifting Platform Snappy Notches $70 Million
May 26, 2021

Snappy, an eCommerce gifting platform, wrapped up a $70 million Series C funding round, bringing the firm’s overall funding to in excess of $100 million. GGV Capital headed up the newest investment, which saw the participation of current investors Hearst Ventures, Saban Ventures and 83North,...

Retail
Bed Bath & Beyond Bolsters Same-Day Delivery Via DoorDash Collaboration
May 26, 2021

Bed Bath & Beyond has bolstered its same-day delivery services domestically via a collaboration with DoorDash. The latter company’s white-label fulfillment platform, DoorDash Drive, will fuel same-day delivery, according to the Wednesday (May 26) announcement. Get the Full Story Complete the form to unlock this...

Retail
Nordstrom Nears 50 Pct Digital Sales; Total Revenue Still Below Pre-Crisis Level
May 26, 2021

High-end fashion retailer Nordstrom said on Tuesday (May 25) that its digital transformation efforts saw its eCommerce sales rise 23 percent last quarter, amounting to 46 percent of total revenue. But despite those gains, the Seattle-based operator of 350 stores noted that its total revenues...

Retail
ACI, JP Morgan Team To Provide Payments Acceptance For European Merchants
May 25, 2021

Real-time digital payment software and solutions provider ACI Worldwide has teamed with J.P. Morgan to let merchants in select nations in Europe provide in-store payment acceptance, according to a Tuesday (May 25) announcement. Get the Full Story Complete the form to unlock this article and...

Retail
Travel Restrictions Boost Chinese Malls
May 25, 2021

Chinese malls enjoyed a resurgence during the COVID pandemic, with shoppers kept in the country by travel restrictions forced to spend their money at home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
AutoZone Leans Into Commercial Customers As Consumers Head Back To Work
May 25, 2021

A surge in sales to commercial customers combined with falling COVID-related costs drove the nation’s largest auto parts retailer’s results higher, as AutoZone on Tuesday (May 25) reported a 29 percent increase in its domestic same-store sales. Get the Full Story Complete the form to...

Retail
Wilson Sports Announces Evolution Into Apparel And First-Ever Retail Stores 
May 25, 2021

After making tennis rackets, golf clubs, baseball gloves and even the official NFL football since World War II, Chicago-based Wilson Sporting Goods is launching a new line of premium sportswear that it said marks its evolution as a household athletic lifestyle brand. Get the Full...

Retail
EyeBuyDirect Expands Digital Footprint With Amazon Shop Rollout
May 25, 2021

Eyewear retailer EyeBuyDirect has grown its digital presence and product availability will the rollout of a new store on Amazon, according to a Tuesday (May 25) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Citi Trends’ Q1 Sales Surge Fueled By Curated Shopping Experience
May 25, 2021

Citi Trends, a clothing, accessories and home trends retailer that runs nearly 600 stores in 33 states, reported that its first-quarter total sales surged by approximately 146 percent, according to a Tuesday (May 25) announcement. Get the Full Story Complete the form to unlock this...