Retail

Retail
Citing ‘Usedphoria,’ GM’s CarBravo Unit Crashes Secondhand Vehicle Party
January 12, 2022

Hoping to bottle the emotion it calls “Usedphoria,” General Motors driving into online used vehicle sales is the latest and largest example of brands retaking control of reCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Report: British Private Equity Firm CVC Joins Bain Capital in Joint Bid for Walgreens Boots...
January 12, 2022

Bain Capital and CVC Capital Partners are putting together a multibillion-pound joint bid for pharmaceutical giant Boots, according to multiple reports Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Data Sharing, Elevated Analytics Driving ‘Tectonic Shift’ in Consumer-Led Retail Growth
January 12, 2022

Long before there were computers and digital databases and online and in-store shopper analytics, the art of “selling consumers what they want to buy” had been a core tenet of the retail industry. Get the Full Story Complete the form to unlock this article and...

Retail
GM Launches Online Used Car Marketplace
January 12, 2022

GM is rolling out an online marketplace for used cars, taking on digital-only competitors like Vroom and Carvana that saw their sites’ popularity soar during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
As Consumers Demand More From Merchants, Merchants Demand More From Their PSPs
January 12, 2022

Today’s digital-first consumers demand more of their merchants. In turn, merchants demand more from their payment services providers (PSPs) — much more, in fact, Carl Churchill, managing director of U.K.-based technologi said. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
1-800-Flowers Adds Alice’s Table to Boost Customer Engagement and Youth Entrepreneurs
January 11, 2022

Digital gift marketplace 1-800-Flowers.com, Inc. on Tuesday (Jan. 11) announced it has acquired lifestyle platform Alice’s Table, which offers fully digital and curated livestream floral, culinary and other experiences to public event guests, private and corporate clients across the U.S. Get the Full Story Complete...

Retail
Fashion Startup by Russell Wilson and Ciara Seeking up to $50M in Series A Funding
January 11, 2022

The House of LR&C, a Seattle-based fashion startup started by Seattle Seahawks quarterback Russell Wilson and singer Ciara, will seek between $20 million and $50 million from investors this spring in a Series A fundraising round, according to an Axios report Monday (Jan. 10). Get...

Retail
Retailers Aim to Define Sustainability While They’re Rushing to Embrace It
January 11, 2022

In an attempt to regulate the pornography industry in the 1960s, Supreme Court Justice Potter Stewart famously sidestepped the need to work within the confines of a precise definition by saying simply, “I know it when I see it.” Get the Full Story Complete the...

Retail
2 Retailers in 2 Days Say Omicron Dented Holiday Season Sales
January 11, 2022

For the second time in as many days, one of the trendy stalwarts of online and mall-based retailing has jumped the gun on Q4 earnings season with a weaker than expected preliminary sales report. Get the Full Story Complete the form to unlock this article...