Retail

Retail
Nordstrom CEO, President Aim to Take Company Private
April 18, 2024

Nordstrom CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking the company private. 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 daily...

Retail
Gen Z Shoppers Bring Social Commerce Into Malls
April 18, 2024

Social media virality is beginning to shape mall stores, as ultra-connected Gen Z shoppers expect their physical lives to more closely resemble their digital ones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Nearly 40% of Millennials Rely on Retail Subscriptions for Shopping
April 18, 2024

Retail subscriptions represent a massive growth opportunity for eCommerce merchants. PYMNTS Intelligence data reveals that more and more consumers are choosing to take advantage of the convenience that online retail subscriptions provide. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Consumers Switch to Cheaper Retailers but Hesitant to Leave Grocers
April 17, 2024

Shoppers who are willing to leave their favorite retailers in search for better prices are hesitant to make the same kinds of changes when it comes to grocery shopping, PYMNTS Intelligence research reveals. Get the Full Story Complete the form to unlock this article and...

Retail
Tired of Cutbacks, Shoppers Demand Affordable Luxuries From Mass-Market Retailers
April 17, 2024

After years of being conservative in their spending in response to ongoing economic challenges, shoppers are looking for ways that they can feel more indulgent without breaking the bank, demanding that retailers offer more premium — but accessible — options. Get the Full Story Complete...

Retail
Walmart to Offer Suppliers Combination of Insights and Retail Media
April 17, 2024

Walmart will launch a new service that allows suppliers to combine insights from its data monetization platform with its closed-loop, omnichannel retail media solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
April 16, 2024

With the moderately well-off shopper spending differently than the high-earner, luxury brands are seeing aspirational shoppers forced to give up their favorite indulgences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Shoppers Strain Under Burden of Ongoing CPG Price Hikes
April 16, 2024

As leading consumer-packaged goods (CPG) brands continue to raise their prices slowly but persistently, shoppers who are on the fence are looking for more affordable options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Consumers Say Amazon’s Big Spring Sale Was Stronger Than Walmart+ Week
April 16, 2024

Last month, Amazon introduced its first-ever Annual Big Spring Sale. Whereas Amazon’s Prime Days events are designed to woo Amazon subscribers into filling their shopping carts with merchandise, the Big Spring Sale was the first Amazon event to cater to non-subscribers as well. Get the...