News

Retail
Etsy Sellers Organize Boycott Over Marketplace’s Withholding of Funds
July 31, 2023

Hundreds of Etsy sellers are reportedly organizing a boycott after the online marketplace withheld merchants’ money. 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 our daily newsletter, PYMNTS...

Retail
As Hybrid Work Impacts Urban Retail, London Looks to Offer Rent-Free Shops
July 31, 2023

During the pandemic, many fled the city to live the suburban life. Today, urban commercial real estate companies are struggling to fill their spaces with enticing retailers that will encourage consumer foot traffic.   Get the Full Story Complete the form to unlock this article and...

Retail
Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
July 31, 2023

Seven years after their valuations peaked, America’s malls are on the ropes. 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 our daily newsletter, PYMNTS Today. By...

Retail
What’s in a Name? Overstock CEO’s $21.5M Bet on the Power of an Iconic Brand...
July 31, 2023

In March 2023, Arthur Stark, the former president of Bed Bath & Beyond (BBBY), discussed the company’s revival of its coupon strategy called the “big blue” approach. The tactic involved sending 20% discount coupons to millions of households and was an iconic part of the Bed Bath...

eCommerce
The Most Satisfied Shoppers Are Found in the UAE — How Other Countries Can Catch...
July 31, 2023

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 our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Security & Fraud
‘Rare’ Android Malware Uses OCR to Steal User Info
July 30, 2023

Security researchers have reportedly discovered malware that steals user data via optical character recognition. 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 our daily newsletter, PYMNTS...

Retail
Report: Shein and Temu Fight Two-Front Battle for Fast-Fashion Market
July 30, 2023

Earlier this month, Chinese fast-fashion brand Temu sued rival Shein, accusing it of “intimidation.” 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 our daily newsletter, PYMNTS Today. By completing...

Retail
Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
July 30, 2023

After going “bonkers” during the pandemic, the luxury retail sector is returning to its baseline.  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 our daily newsletter,...

Loyalty & Rewards
Embracing Disloyalty: Are Consumers Rewriting Rewards Programs?
July 29, 2023

With the resurgence of travel and consumers increasingly relying on credit to pursue their experiences, one might assume that brand loyalty would become more straightforward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...