Under Armour CEO Kevin Plank has responded to allegations that he borrowed business from quarters in the future to mask slowing demand for the company’s offerings in 2016, according to a report by CNBC. Get the Full Story Complete the form to unlock this article...
Earlier this week, Nike announced it will no longer sell its wares on Amazon, instead opting to follow a growing trend in eCommerce where companies sell directly to consumers (DTC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The idea of shopping while watching TV is not exactly new or untrodden ground. The Home Shopping Network (HSN) has been around for over 40 years, QVC for over 35 and in the last decade or so the concept of shopping the digital stream has...
Retail sales rose 0.3 percent in October, rebounding from a 0.3 percent drop the previous month, CNBC reported on Friday (Nov. 15), citing a U.S. Commerce Department report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Data service provider Bossa Nova announced it has developed a new artificial intelligence (AI) and automated solution for inventory data management, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The upcoming holiday shopping season is expected to break records in online spending, according to a study by Adobe Analytics. That’s even with a shorter shopping season. This year, Thanksgiving lands on Nov. 28, which is six days later than last year — meaning retailers have a...
In 2014, it was hard to pick up any article about retail and not end up reading an obituary for the mall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As eCommerce rises in popularity – currently accounting for about 11 percent of retail sales, which is an increase of about 14.8 percent from last year – retail is coming up with innovative ways to compete. Get the Full Story Complete the form to unlock...
Luxury brand Burberry has teamed up with Tencent in China to offer a “social retail” store to take advantage of China’s online shopping trend and capture more of the luxury market in the country, according to a report by Reuters. Get the Full Story Complete...
