From luxury fashion to tequila, Shopify remains a popular choice among celebrities for launching brands. 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,...
April layoffs in the retail space led all other industries, jumping 270% from March. 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...
In May 2022, luxury fashion label Chanel launched stores purely dedicated to top-paying clients. This move has since been made popular as even other luxury labels, who are known to target Gen Z and millennials. But beyond launching private stores, the fashion house has also...
Long gone are the days when Walmart and Amazon just sold 5-cent items and books. Each brand has branched into numerous categories, each serving as a type of battleground. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In times of inflation, nothing is safe. Not even freebies on your birthday. In the latest inflation stunt since costs on shipping is Sephora’s efforts to launch a $25 online purchase minimum in order to receive a birthday gift. Get the Full Story Complete the form...
Kanye West has reportedly set up a location on Melrose Avenue in Los Angeles — on the same block as an Adidas store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Inflation has caused competition in retail and grocery to intensify as businesses fight for a smaller and smaller piece of the revenue pie. More than half of grocery shoppers and more than two-thirds of retail shoppers are cutting back on nonessential spending. PYMNTS’ data shows...
Carvana expects to return to profitability in this quarter after cutting costs. 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...
Bed Bath & Beyond is seeking reparations from a shipping company it says “exploited customers.” 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...