Retail

Retail
Amazon’s Share of US eCommerce Sales Hits All-Time High of 56.7% in 2021
March 14, 2022

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Retail
Today in Retail: Consumers Navigating Highest Grocery Prices Since the 1980s; Savage X Fenty Lingerie...
March 11, 2022

Today in retail, Ulta Beauty holds its own in the increasingly competitive beauty care sector, while APIs play an important role for businesses when it comes to payment orchestration. Plus, Rivian’s production was cut in half because of supply chain challenges, lease-to-own financing helps financially...

Retail
Highest Grocery Inflation in 40 Years has Consumers Running to Big-Name Brands
March 11, 2022

Food prices are soaring the quickest they have since the early ’80s. The U.S. Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) released Thursday (March 10) shows that in February prices for groceries increased 8.6% year over year. This increase marks the greatest 12-month...

Retail
Rihanna Eyes 3rd Billion Dollar Brand Amid Talk of Savage X Fenty Lingerie IPO
March 11, 2022

The lingerie world got a wakeup call Friday (Mar 11) amid reports that the budding Savage X Fenty brand backed by singer Rihanna is said to be considering an IPO to fund its expansion. Get the Full Story Complete the form to unlock this article...

Retail
Yoox Net-A-Porter Launches Menswear Luxury Resale Line, Expands Beyond UK
March 11, 2022

Luxury resale platform Yoox Net-A-Porter on Friday (March 11) debuted a menswear resale line, Mr Porter, which joins womenswear line, Net-A-Porter and The Outnet, according to a company press release Friday (March 11). Get the Full Story Complete the form to unlock this article and...

Retail
AMZN vs WMT Weekly: Perennial Rivals Face Perpetual Change
March 11, 2022

For 10 years, Amazon has been steadily chipping away at Walmart’s lead in the battle to control the biggest slice of the American retail pie. While it moved into a statistical dead heat last year, this week it finally completed the long-anticipated change of leadership....

Retail
‘Big Ticket’ Retailers That Offer Lease-to-Own Financing Well Positioned to Help Stretched Consumers
March 11, 2022

As inflation puts more pressure on already strained pocketbooks and with millions of households now living paycheck to paycheck — including many making over $100,000 a year — durable goods retailers are keenly interested in making sure their payment options are aligned with 2022 realities....

Retail
Grocery Roundup: Ultrafast Grocers Hit Hard by Russia Sanctions
March 10, 2022

With Russia’s heavy involvement in the ultrafast grocery space around the world, United States 15-minute eGrocers are being heavily impacted by the sanctions placed on Russia in response to the invasion of Ukraine. Get the Full Story Complete the form to unlock this article and...

Retail
34% of Consumers Use Their Smartphones to Help Them Shop in Physical Stores
March 10, 2022

A growing percentage of consumers are using their smartphones while shopping in physical stores, and PYMNTS research has found that this is just one example of the ways in which consumers are making brick-and-mortar stores part of the digital shopping experience — and vice versa....