After being on again, off again, the merger deal between iconic jewelry brand Tiffany & Co. and Paris luxury giant LVMH is signed, sealed and moving forward at $131.50 a share — some $430 million less than previously agreed to, LVMH said in a statement....
Walmart is looking at merging its fulfillment centers and the aisles of its stores. As online sales surge during the pandemic, the retailer plans to test a new concept at four stores that will “operate as both physical shopping destinations and online fulfillment centers,” the company...
Conversational technology and contextual commerce continue to gain momentum at retail as H&M has now added virtual assistant and live chat agents directly from services like Google Maps or Google Search. The integration of virtual assistant and live chat deployment is said to be the...
Shopify is again talking up its surge in business this year as the pandemic pushes people toward eCommerce. 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...
For the first time, Vancouver, B.C.’s Lululemon Athletica Inc. has released an impact agenda, which includes the clothing company’s “long-term strategy to become a more sustainable and equitable business, minimize its environmental impact and accelerate positive change, both internally and externally.” Get the Full Story...
“Singles’ Day” in China is a 24-hour shopping marathon that boasts the biggest sales on earth of any day of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In the top retail news for today: Paidy has launched 3-Pay in Japan for customers to buy now and pay later, Thrive Market has been designated as a B-corporation, and Amazon is advancing its presence in Sweden with a new eCommerce site and a clean...
Bed Bath & Beyond is looking at scaling back its coupons in favor of more of a digital omnichannel approach, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
On May 1, ESPN reported that “the sudden disappearance of sports will erase at least $12 billion in revenue and hundreds of thousands of jobs, an economic catastrophe that will more than double if the college football and NFL schedules are wiped out this fall by...
