Retail

Retail
Free Shipping Bolsters Loyalty Most Among Online Shoppers
January 29, 2024

Foot traffic is a key metric of customer attraction for brick-and-mortar stores, and online visits are the corresponding metric for online shops. If the product assortment and the shopping experience itself are key factors when shopping in a physical store, recent market research by PYMNTS...

Retail
JCPenney Takes AI Into the Store to Appeal to Cost-Conscious Shoppers
January 29, 2024

At they navigate a market heavily influenced by inflation, retailers must use a range of tools to respond to the needs of value-driven consumers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Venus et Fleur Pitches Flowers as Valentine’s Day Investments 
January 27, 2024

Valentine’s Day has long been associated with the exchange of thoughtful gifts, and few tokens of affection are as iconic as a bouquet of flowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Card-Linked Offers Are Still Unfamiliar to 37% of Cardholders
January 26, 2024

Card-linked marketing uses past purchase data to create targeted, relevant offers to potential customers that are often presented through mobile or online banking applications. By using their credit or debit cards to subscribe to these offers, consumers in exchange get rewards, discounts or special benefits...

Retail
Walmart Cuts Innovation Lab; Amazon Mulls Monetizing Alexa
January 26, 2024

Is this year gearing up for another round of slashing costs and seizing revenue opportunities? Signs from retail giants Amazon and Walmart point in that direction. But the burning question is: How will these moves hit consumers?  Get the Full Story Complete the form to...

Retail
Levi’s Direct-to-Consumer Bet Sparks Job Cuts
January 25, 2024

While competitors were hustling to land deals with retailers and forge partnerships to reach more consumers, Levi’s boldly went all-in on its direct-to-consumer (D2C) strategy in October.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
LVMH Sees Strong Growth With Kohl’s-Sephora Partnership 
January 25, 2024

Luxury goods giant LVMH, best known for brands like Louis Vuitton, Dior and Tiffany, reported a 10% surge in sales for the fourth quarter on Thursday (Jan. 25), outpacing the previous quarter. The momentum was fueled by robust demand, notably from Chinese consumers, who favored...

Retail
PayPal Rolls Out One-Click Checkout, Personalized Offers and ‘Smart Receipt’ Features
January 25, 2024

PayPal is introducing what it terms a “reimagined checkout experience” that will reduce checkout times by as much as 50%. In addition, it’s using artificial intelligence (AI) to craft personalized recommendations to consumers and has also announced cash-back offerings that CEO Alex Chriss said will...

Retail
Report: Shein Investors Sell Discounted Shares as IPO Enthusiasm Wanes
January 25, 2024

Investors in fashion retailer Shein are reportedly selling discounted shares. 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. By completing this form,...