Not many direct-to-consumer (DTC) startups can say they broke into the U.S. market with three billboards in Times Square. But that’s exactly what a Portland, Oregon-based company called DHVANI has done – and it has even taken the gambit one level higher. DHVANI is using...
Women’s apparel retailer Chico’s FAS, Inc. will open its stores again in phases beginning in early May, according to a statement from Chief Executive Officer and President Bonnie Brooks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amid temporary store closures caused by the coronavirus, David’s Bridal rolled out its virtual stylist and virtual appointment experience. More than 300 stylists from throughout the nation will be accessible to clients to “guide, inspire, personalize, and help bring their wedding vision to life,” according to...
As the coronavirus shows no signs of abating, customers are opting to make their purchases without setting foot in stores, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Friday, May 1 is shaping up as one of retail’s most important days since the COVID-19 crisis went down. It’s that day that several states, and now the federal government, have set as an unofficial day to begin reopening the economy. The pressure on cash-strapped...
As the digital shift continues to keep pace with post-coronavirus shopping behaviors, eCommerce fraud is growing with it. In fact, 22 percent of respondents in a recent TransUnion survey claimed they had “been targeted by digital fraud related to COVID-19.” Biometrics, which measures the physical...
In 2019, 5.4 billion people across the globe downloaded a shopping app. But after that initial download, retailers and purchase aggregators pretty much let users run the course of their screens, never thinking that advanced applications would someday become important. Get the Full Story Complete...
Amid the retailer’s reported impending bankruptcy, an investor group is intending to provide an alternative to a $600 million financing arrangement for Neiman Marcus Group and pressure it toward a sale. The investor group includes Third Point LLC and Mudrick Capital Management LP, Reuters reported. Mudrick recently...
In a plan that frames a phased-in approach to opening retail again, the National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) debuted a Blueprint for Shopping Safe. The document asks governors to provide uniform and statewide procedures for merchants to use as...