Retail

Retail
Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
January 19, 2024

As the economy continues to grapple with rising prices and inflationary pressures, consumers are adjusting their purchasing habits to cope with the erosion of their purchasing power.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
3 in 10 Convenience Stores Look to Smart Shelf Tags to Keep Shoppers Engaged
January 19, 2024

As connected technologies take over brick-and-mortar stores, convenience retailers are increasingly seeing smart shelf tags as key to providing a positive shopper experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
January 19, 2024

Wayfair is laying off 1,650 employees as part of its efforts around “right-sizing its cost structure.” 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...

Retail
Richemont’s Sales Soar on Strong Demand in China and Japan
January 19, 2024

Inflation-pressured consumers tend to cut back on their luxury purchases.  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...

Retail
Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
January 19, 2024

In a world where Amazon and Walmart are always finding ways to go neck in neck, both retail giants are focusing on enhancing their established strengths this week.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
January 18, 2024

Macy’s is reducing its workforce by 3.5%. 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...

Retail
Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
January 18, 2024

Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Kim Kardashian Hints at Reboot of Fragrance and Makeup Brands
January 18, 2024

Television personality Kim Kardashian has made several ventures into the beauty and makeup market. 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
Crate & Barrel Proves That Shopping Shared Gift Registries Unlocks New Retail Sales Channel
January 18, 2024

Businesses are constantly exploring innovative approaches to enhance the shopping experience for consumers, particularly if it leads to actual purchases. A trending concept is the adoption of a shared registry system that spans various brands.  Get the Full Story Complete the form to unlock this...