American Eagle Outfitters, Inc. reported on Wednesday (Sept. 9) that Q2 digital demand, which is tracked by ordered sales, surged 48 percent. The apparel retailer reported that Aerie digital demand jumped 113 percent and AE rose 21 percent, according to an announcement. Get the Full...
At a time when the pandemic is reshaping the luxury industry, LVMH Moët Hennessy Louis Vuitton SE indicated on Wednesday (Sept. 9) it is withdrawing from a $16.2 billion acquisition of Tiffany & Co., The Wall Street Journal reported. Get the Full Story Complete the...
Good Sam, which calls itself “the world’s largest organization of recreational-vehicle owners,” unveiled plans Tuesday (Sept. 8) to launch a new digital platform called RV.com and a sister print publication called RV Magazine in January. The new products come even as the company announced plans...
Amazon put a new date on the calendar last week. No it’s not Prime Day. But it has told its sellers that “Black Friday” deals will start on Monday, Oct. 26, leaving the rest of the retail world to read the tea leaves on Amazon’s...
One of the overlooked elements from the retail earnings reports of recent weeks is inventory levels. With more dramatic numbers like eCommerce spikes and same-store comp sales decreases available, inventories are easy to miss. But several reports are pointing to healthy inventory positions as a...
Kohl’s has rolled out its new Kohl’s Rewards loyalty program throughout the country after a successful pilot in multiple markets, according to a Tuesday (Sept. 8) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
To handle heightened demand for digital gifting and sharing, 1-800-FLOWERS.COM intends to hire more than 10,000 seasonal workers throughout its upscale food and gifting brands for the 2020 holiday season. The company said that hiring has started at Harry & David, The Popcorn Factory, Cheryl’s...
As PYMNTS continues to chronicle business impacts of the novel coronavirus, patterns are emerging that suggest how much things actually have changed in just a twinkling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The reCommerce business has met the sharing economy. That’s the oversimplified view of the business model adopted by Wardrobe, a new kind of peer-to-peer fashion rental company that on Tuesday (Sept. 8) is breaking out of its New York City beta test and into a...
