Retail

Retail
IKEA To Buy Back And Resell Shoppers’ Used Furniture
October 14, 2020

As part of its goal to become “a fully circular and climate-positive business” by the turn of the next decade, IKEA plans to buy back furniture to sell as pre-owned items. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Movie Chain AMC Says It Could Go Broke By Year’s End
October 13, 2020

The parent of AMC Theatres says it’s on track to run out of cash by early 2021 at the latest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Reading The Tea Leaves In The Amazon Prime Day Sales Pushes
October 13, 2020

The big day is finally here: Amazon Prime Day has arrived. Granted it’s a little bit late this year, showing up in mid-October instead of its early July perch, but this year it comes with a whole new significance as analysts and experts have anointed...

Retail
Holiday Retail Reality: Data Paints A Picture Of A Cautious Consumer
October 13, 2020

Although consumers are feeling better about their economic prospects for spending, retailers might be sleeping on some data that throws caution on the optimistic projections set for the holiday spending season. New PYMNTS data analytics do not paint a picture of a consumer who is...

Retail
Using Consumer Engagement To Remove Retail Friction
October 13, 2020

Consumers are flocking to the digital-first economy, but aren’t always so happy when they get there. The problem lies mainly in digital engagement – and retailers, in particular, can address these issues by first understanding the problems specific to the category, and then addressing the...

Retail
ChannelAdvisor Launches Shoppable Media To Boost eCommerce
October 13, 2020

ChannelAdvisor Corp. has released a new product called Shoppable Media, which aims to “help businesses reach purchase-ready consumers more efficiently,” according to a Tuesday (Oct. 13) news release. The effort is part of providing eCommerce solutions “that enable brands and retailers to increase global sales,” the firm...

Retail
Hershey Joins Camp By Walmart As Branded Integration
October 13, 2020

Hershey has become a part of Camp by Walmart as the inaugural brand integration in the digital camp. 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...

Retail
Do Customers Really Miss Going To The Store After All?
October 12, 2020

The New York Times has a new theory about the rapid rise of curbside pickup: Consumers really, really miss going to the store — and picking up curbside gives them a reason to get out there, even if they never make it through the front door....

Retail
Savvy Merchants Meet Teens How And Where They Want To Buy
October 12, 2020

That the pandemic has had sharply negative effects on consumer spending is well known, as are concerns that those effects are about to be even more sharply felt. But new figures from Piper Sandler’s 40th semi-annual “Taking Stock with Teens” report indicate that among the Generation Z demographic,...