Athleisure is a large and growing market. As of 2016, the industry generated around $46 billion in U.S. sales, and by next year that figure is widely forecast to hit $83 billion in the U.S. and $360 billion worldwide. That is slightly more than the...
In a move that could help the retailer bring in a younger demographic, Dollar General Corp. is in the process of making it possible for shoppers to buy products online and pick them up at a store near them. The retailer has a mobile app feature that...
The last few days has brought new retail news from China, as the NBA tries to keep hold of its commerce presence in that country after controversy involving the protest in Hong Kong. But that’s not all that’s going on with retail in China, where...
With a move that follows the fashion retailer’s efforts to become fully circular and support its global expansion, H&M Group has taken a majority stake in Sellpy. The group began investing in the re-commerce business in 2015 and has invested roughly US$5.07m (SEK50m) via its...
Travis Kalanick, ousted founder of Uber, recently made his next big investment. His real estate company, City Storage Systems, bought a stake in Rebel Foods Pvt. in India, a cloud kitchen company that has a valuation of around $525 million. Get the Full Story Complete...
Before Knud Berthelsen founded personalized subscription service Free Your Tea, he found it challenging to find good teas, Berthelsen told PYMNTS in an interview. It is not difficult, however, to find other varieties of beverages – one only has to go to a coffee shop and...
Social media is taking a lot of fire these days, whether the issue is “fake news” or data privacy or just the time-wasting tendencies of many users. Regulation might be in the future. But social media is also driving retail innovation, and those trends are...
TF International Securities Analyst Ming-Chi Kuo said Apple is working with third-party brands to launch augmented reality (AR) glasses in the first half of 2020, CNBC reported on Wednesday (Oct. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Regulators continue to examine reports of disease and deaths allegedly linked to eCigarettes. 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....
