Not unlike the retail industry itself, the longstanding “free shipping, free returns” eCommerce business model is in the throes of evolution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Getting paid what is invoiced is among the most basic functions of finance and business in general. 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...
Today in retail, Walmart is opening more than 30 new SuperCenters while consumers are buying lower-priced groceries as inflation rises. Plus, U.K. retail sales fell 8.7% in May and value and convenience win over consumers as another recession looms. Get the Full Story Complete the...
By all accounts it has been a rough year for Pinterest. 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...
Sales by discount retailers fell 15% in May across the United Kingdom, leading an overall 8.7% year-over-year drop in those types of purchases in the region, according to a Monday (June 13) press release regarding the latest IMRG Capgemini Online Retail Index, which tracks the...
In the face of rising interest rates, record fuel prices, and inflation at a multi-generational high, consumers have begun to prepare for the building economic storm with an increased appetite for value, convenience and basic necessities from the nimble retailers that can offer it. Get...
Today is Monday (June 13), and bitcoin and other cryptocurrencies are feeling the heat from the ongoing inflation and expected interest rate hike. Plus, Walmart SuperCenters are focusing on clothing and home décor and U.K. regulators are pumping up the volume on Credit Suisse. Here’s...
Today in retail, Rent the Runway benefits from a resurgence in social gathers, while Stitch Fix, continues to struggle. Plus, the Consumer Price Index jumps 8.6% in May, Amazon jumps into artificial intelligence (AI) with Virtual Retail for Shoes, and Chari acquires retail app Diago...
More people enjoyed weddings, social gatherings and increased travel during the first quarter of fiscal year 2022, leading to a record active subscriber count for Rent the Runway in the three months through April 30, according to a company press release. Get the Full Story...
