Farfetch saw its shares hit their highest levels of the year after it announced a deal with Harrods. 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...
A new survey found that Costco Wholesale has beat out Amazon in customer satisfaction. The annual American Customer Satisfaction Index (ACSI) survey shows that, after taking the top spot in customer satisfaction in the eCommerce space since 2010, Amazon dropped 4 percent to an ACSI score...
As meal kit providers are promising easy-to-cook recipes, some startups are designing their services around specific appliances. Presto Eats, for example, is creating selections with multicookers in mind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Major retailers are pitching premium baby care products at a less-than-premium price tag with the help of exclusive brands: Walmart is offering Hello Bello exclusively at its stores and its website (and that of the brand). The brand seeks to position itself as a value-oriented...
In the latest of a series of investments, Foot Locker backed children’s clothing brand Rockets of Awesome with $12.5 million in funding. The brand will start selling on the retailer’s children’s website and bring mini-stores to Kids Foot Locker venues, CNBC reported. Get the Full Story...
Victoria’s Secret is facing new competition, this time from Target, which is gearing up to enter the lingerie and sleepwear market. According to a report in CNBC, Target will launch three lines of lingerie and sleepwear this spring in direct competition to Victoria’s Secret. The...
From cars to clothing and fresh produce, merchants are adopting the subscription business model for all sorts of products and services. Before these retailers onboard new customers, however, they have to convert shoppers into subscribers. To make this transition happen, merchants are adopting a multitude...
GlassesUSA.com, a web-based prescription eyewear dealer, launched in 2009. But despite its near decade in business, as of about a year ago, their presence on web marketplaces like Amazon was relatively nonexistent. Get the Full Story Complete the form to unlock this article and enjoy...
With eCommerce brands opening pop-up shops in big cities, entrepreneurs are now dedicating entire brick-and-mortar stores to these businesses. SHOWFIELDS, which aims to be a place for brand engagement for eCommerce companies, recently arrived in New York City. The brainchild of Tal Zvi Nathanel and Amir Zwickel,...