Retail

Retail
Target, Levi’s Expand Partnership With Exclusive Home Collection
January 27, 2021

Target will be working with Levi Strauss on a new limited edition collection, featuring new home and lifestyle items, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Today In Retail: L’Occitane’s US Division Files For Chapter 11; AutoFi Rolls Out Division For...
January 26, 2021

In today’s top retail news, the U.S. division of L’Occitane has filed for Chapter 11 bankruptcy, while AutoFi is shifting into high gear with the debut of its “lending as a service” division. Plus, a new Federal Reserve Bank of New York study finds that individuals anticipate that...

Retail
Vaccine Distribution Hits Snags; CVS And Walgreens Caught In Crossfire
January 26, 2021

Developing a functional vaccine for a novel virus in under a year was an incredible challenge to overcome. Distributing that vaccine, as it is turning out, may be harder.  The rollout of the vaccine has already been slower than expected, with fewer doses distributed to...

Retail
FinTech AutoFi Launches Division For Businesses That Offers Financing Services
January 26, 2021

San Francisco’s AutoFi is shifting into high gear with its launch of a “lending as a service” division aimed at business customers. In a press release, the financial technology company (FinTech) said the new business division will offer “a more flexible finance solution for vehicle...

Retail
L’Occitane’s US Unit Enters Bankruptcy As Part Of Lease Negotiations
January 26, 2021

The U.S. division of retailer L’Occitane has filed for Chapter 11 bankruptcy in New Jersey. The company said the move is part of its plan to implement a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” Get the Full Story Complete the...

Retail
From Community Hubs To In-Store Theater, Retailers Double Down In Digital At NRF
January 25, 2021

The National Retail Federation’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast —  especially when it comes to their embrace...

Retail
Luxury Retailers May Burn Returned Items Instead of Dealing With Post-Brexit Red Tape
January 25, 2021

Call it a designer pothole, the Gucci gap or a Burberry bump in the road — whatever name you choose, the reality is that the post-Brexit fine print caused by the U.K. leaving the EU on Jan. 1 has emerged, and appears to be gumming...

Retail
Today In Retail: Cox Automotive Rolls Out End-To-End Retail Experience; Pinterest Debuts AR Eyeshadow Try-On...
January 25, 2021

In today’s top retail news, Cox Automotive has released its Complete Retail online experience, and Pinterest is introducing an augmented reality (AR) try-on tool to help users with testing and comparing eye shadow. Plus, CVS Health has finished the first round of COVID-19 vaccines to...

Retail
22-Year-Old Entrepreneurs Win ‘Shark Tank’ Deal For Quevos Startup
January 25, 2021

Twenty-two-year-old entrepreneurs Nick Hamburger and Zack Schreier started their first business in sixth grade, charging students at their Chicago-area school $3 for some cool Japanese soda pop that they bought for $1.25 — until the administration shut them down. Ten years later, their latest venture...