Retail

Retail
Home Furnishings Marketplace Chairish Designs Its Future; Focuses On Customer, Payments Experience
March 01, 2021

After not only surviving — but thriving — through a year of unprecedented and unpredictable pandemic-related turmoil, vintage home furnishings marketplace Chairish is focusing on things it can actually control, like knowing its niche and improving the customer experience. Get the Full Story Complete the...

Retail
Just Do It: Brands Can Take D2C Page From Nike
March 01, 2021

There have been lots of direct-to-consumer plays in the last year, most of them out of big consumer packaged goods (CPG) companies: Mars, Pepsi, Coca-Cola, Kraft Heinz Co., the list goes on and on.  But the biggest win of the year came from the biggest...

Retail
American Eagle Debuts Snapchat AR Shopping Tool  
February 28, 2021

American Eagle Outfitters (AE) is introducing an augmented reality (AR) shopping tool on Snapchat as part of its spring 2021 Jeans Are Forever campaign, according to a press release on Friday (Feb. 26).  Get the Full Story Complete the form to unlock this article and...

Retail
No Ports In A (Retail) Storm Of Logistics Delays
February 26, 2021

There’s the buying and the buying — but it’s getting the goods to the buyers that is a problem. 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...

Retail
Farfetch Teams With Aurora Mobile On AI Retail Technology
February 26, 2021

Aurora Mobile Limited has struck a partnership deal with international online fashion company Farfetch to bolster its intelligent operation functionalities. The two firms will work together to provide an “unparalleled shopping experience to global customers,” according to a Friday (Feb. 26) announcement. Get the Full Story...

Retail
Hungr’s Virtual Kitchens Highlight Potential Of Restaurant Aggregator Data
February 26, 2021

Restaurant aggregators are uniquely positioned to collect troves of data on consumer behavior, gathering information about, among other habits, which kinds of foods are the most in-demand in each area. Now, delivery platform Hungr is putting that data to use, to both drive profits and...

Retail
Best Buy Ousts 5,000 Staffers While Shuttering More Locations
February 26, 2021

Despite seeing a surge in online sales during the pandemic, Best Buy said it laid off 5,000 employees in February and will be shuttering additional locations in 2021, according to a CNN report on Friday (Feb. 26). Get the Full Story Complete the form to unlock...

Retail
L Catterton To Acquire Majority Stake In Birkenstock Group
February 26, 2021

Birkenstock has struck a deal to sell a majority share of Birkenstock Group to private equity firm L Catterton and its affiliates with the inclusion of Financière Agache, Bernard Arnault’s family investment company, according to a Friday (Feb. 26) press release. Get the Full Story Complete...

Retail
Foot Locker Comp Sales Drop 2.7 Pct
February 26, 2021

Foot Locker, Inc. reported on Friday (Feb. 26) as part of its financial results that fourth-quarter comparable-store sales fell by 2.7 percent, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...