Retail

Retail
Klarna Acquires HERO To Enhance Social Shopping
July 12, 2021

Payments and shopping platform Klarna is partnering with social shopping startup HERO to bring retailers a solution to create shoppable content right from their brick-and-mortar location. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
7-Eleven Franchisee Labor Woes Suggest Wages Are Not Enough To Woo Workers
July 12, 2021

The solution to convenience stores’ labor woes may be more complicated than just raising pay above minimum wage. The National Coalition of Associations of 7-Eleven Franchisees (NCASEF), an umbrella trade association comprised of 41 regions’ franchise owners associations, representing over 7,400 7-Eleven locations overall, released...

Retail
As Gap-Kanye West Pairing Turns One, Slow Pace Of Yeezy Drops Stokes Concerns
July 12, 2021

Never underestimate the power of a blue puffer jacket. That, it seems, is the lesson from the first fashion item dropped into the market care of the Kanye West-Gap collaboration that will see Yeezy bringing its unique eye for design to the once iconic label...

Retail
‘Black Widow’ Brings In $60 Million+ Via Disney+ Streaming
July 12, 2021

Walt Disney brought in over $60 million from around the world from sales of its “Black Widow” movie by the way of Disney+ Premier Access. The flick brought in an $80 million haul at the domestic box office amid its introduction, CNBC reported. The film...

Retail
Walmart’s Indian e-Commerce Site Flipkart Raises $3.6B As Pre-IPO Valuation Nears $40B
July 12, 2021

The value of Walmart’s Indian eCommerce venture Flipkart continues to rise, as its latest $3.6 billion round of fundraising has created the largest domestic tech venture that is now worth roughly $37 billion, the companies announced on Monday (July 12). Get the Full Story Complete...

Retail
Nordstrom Invests In Topman, Topshop Fashion Labels
July 12, 2021

Nordstrom has obtained a minority stake in the Topshop, Topman, HIIT and Miss Selfridge labels. Its investment will fuel the expansion of the brands around the world, according to a Monday (July 12) announcement from Nordstrom and British fashion retailer ASOS. Get the Full Story Complete...

Retail
Can Walmart+ Save Walmart From Amazon?
July 12, 2021

Today is Chris Cracchiolo’s first day on the job at Walmart. The 19-year American Express veteran is taking over as the head of Walmart+, which is Walmart’s subscription program that launched last September as a foil to Amazon Prime. Get the Full Story Complete the...

Retail
US Engagement Ring Sales Up 20 Pct Over Pre-Pandemic Rate
July 11, 2021

Maybe it’s because they’re forever and even terrible pandemics aren’t, but sales of diamonds appear to be roaring back after a pandemic slump, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
‘I Do’ Times Two: Weddings Roar Back With A Vengeance
July 10, 2021

Live events took a beating in 2020 as COVID restrictions made gatherings of almost any size impossible. The most personal of live events — weddings — were perhaps the hardest hit as couples were forced to pick between downsizing to a handful of guests, going virtual...