Luxury goods are making a comeback in retail as seen through results from Tiffany & Co. and Movado as well as promising signs from department stores and the category’s biggest market: China. Get the Full Story Complete the form to unlock this article and enjoy...
This month marks the last lap of the third quarter. Absent of a substantial back-to-school season and without government stimulus checks, many retailers will be happy to see it go. Retailers who were ready to absorb and capitalize on the digital shift will wish it...
For Macy’s, second-quarter earnings showed better than expected numbers, but they also made it clear that the pandemic continues to be a draining factor – and that the fourth quarter will be a critical time in the life of the iconic department store. Get the...
Trade has raised $9 million in a Madrona Venture Group-led financing round, with the ongoing support of Launch and JAB. The coffee subscription company aims to “inspire better brewing” by linking coffee-drinking consumers with roasters, according to a Wednesday (Sept. 2) announcement. Get the Full...
After rolling out over 135 free offerings to help merchants grow their sales in its digital store as of the start of this year, Amazon said it is set to invest $18 billion in 2020 to assist independent businesses in selling to shoppers, according to...
Six out of 10 consumers now say that the touchless payments options merchants make available to them can sway their decision to shop – or not to shop – in this new digital first world. The new PYMNTS How We Shop Report, in collaboration with...
Boxed, the U.S. online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. 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 our...
Will the death of brick-and-mortar retail come through the courts? Perhaps call it “death by several thousand evictions.” 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 our...
After months of speculation, discussion and mounting questions about when it was actually going to happen, Walmart on Tuesday (Sept. 1) officially announced a launch date for its Walmart+ subscription offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
