Retail

Retail
Today In Retail: Snapchat, Verishop Partner On Social Commerce Venture; New Funding To Help Expand...
July 20, 2021

In today’s top retail news, Verishop and Snapchat are launching a social commerce experience within the popular image-sharing app, while eCommerce platform Fabric netted $100 million in Series B funding to aid in its global expansion. Also, BigCommerce is teaming with Latin American online marketplace...

Retail
Alternative Proteins Take New Shapes Amid Growing VC, Consumer Interest
July 20, 2021

Gone are the days when the only protein on a restaurant’s menu guaranteed to be animal cruelty-free was the sad, flavorless black bean patty. Independents and major restaurant chains alike are now serving burger, sausage and chicken replacements that taste very close to their animal-product...

Retail
LVMH Looks To Expand Reach Of Luxury Retail Via Stake In Off-White Brand
July 20, 2021

LVMH said Tuesday (July 20) it was taking a 60 percent stake in Off-White LLC, the fashion brand founded by 40-year-old rapper and designer Virgil Abloh. After the acquisition, Abloh will keep a 40 percent interest in Off-White and stay on as the creative director of the brand,...

Retail
Snapchat, Verishop Partnership Aims To Boost Lagging US Social Commerce Sales
July 20, 2021

Verishop is partnering with Snapchat to launch a social commerce experience within the popular image-sharing app, in a move that marks an escalation of an already intense arms race to expand eCommerce capabilities on social media. Get the Full Story Complete the form to unlock...

Retail
Macy’s Courts Millennials With New Private Brand
July 20, 2021

A new private brand from Macy’s Inc. launching this week follows the company’s pre-pandemic plans for reinvention, as the brand that defined “department store” transitions to a “digitally-led omnichannel retailer” and tries to court younger consumers. Get the Full Story Complete the form to unlock...

Retail
BigCommerce, Mercado Libre Team As LatAm’s eComm Sector Grows
July 20, 2021

Amid a growing eCommerce market in Latin America, eCommerce software platform BigCommerce has teamed with Mercado Libre to let BigCommerce merchants sell in Latin America on Mercado Libre’s Marketplace, according to a Tuesday (July 20) announcement. Get the Full Story Complete the form to unlock this...

Retail
Retailers Set For Another Unprecedented Holiday Season
July 20, 2021

It may be the dog days of summer, but retailers are already busy planning for a holiday season geared toward experiential, but less expensive, gifting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Sam’s Club Touts 90 Pct Re-Use Rate For Its Touchless Checkout And Delivery Tech
July 20, 2021

With the rise in online grocery occasioned by the pandemic, consumers have grown used to being in control of their shopping journey. The digital buying experience is, after all, entirely self-guided. Now, with the return to shopping in brick-and-mortar grocery stores, many consumers are noticing,...

Retail
Victoria’s Secret Plans Test Of New Store Format In Off-Mall Strip Center
July 19, 2021

Victoria’s Secret will be spinning out of parent company L Brands into a new public entity as of next month, CNBC writes, as the fashion company tries to move on from its usual place in traditional malls. Get the Full Story Complete the form to...