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...
Wayfair is expanding its use of augmented reality (AR) with the latest round of high-tech upgrades upgrades to its mobile app. Part and parcel of its more comprehensive AR offering, the new app also features a new hub section for the use of all camera-based...
There is no shortage of startups that enter the wild world of direct-to-consumer (DTC) retail to address a hole in the market that leaves a massive number of consumers underserved. It is in fact one of the more common stories we encounter here at PYMNTS....
It looks like Walmart will have some time back at the drawing board when it comes to their great eCommerce upgrade of recent years. During the post-earnings call with investors, CEO Doug McMillon noted that while the progress has been strong, there is still more to...
Sports are big business around the globe, so it comes as no surprise that retail innovation constantly takes place within that industry, and in combination with payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Apple is looking into bundling its digital products — News+, Apple TV+ and Apple Music — as a way to draw in subscribers, Bloomberg reported on Thursday (Nov. 14), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It’s easy enough to think of small businesses as not being particularly innovative – and even to find data to back up that claim. According to the May 2019 edition of the PYMNTS Retail Innovation Readiness Index, when it comes to adopting digital tools like smart POS...
In the life of any brand, a pivot – or even a series of pivots – is normal. Times change, tastes expand and brands that don’t evolve generally don’t survive – a lesson that any number of retailers have spent the last several years learning...
