News

Retail
European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
May 03, 2023

Luxury store openings in Europe skyrocketed last year as global travel resumed. 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 newsletter, PYMNTS Today. By...

Retail
Adams Golf Shifts to D2C-Only Sales to Reach ‘Modern Golfers’
May 03, 2023

Aiming to reach a new generation of golfers, Adams Golf has moved fully online. 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 newsletter, PYMNTS Today. By...

Retail
Simon Property Group’s Strong Start to 2023 Suggests Malls Are Here to Stay 
May 03, 2023

Simon Property Group (SPG), the largest shopping center manager and developer in the United States, has had a favorable start to the year, as indicated in its first-quarter report on Tuesday, which presented gains across different metrics. However, one question remains: Are people still shopping...

Retail
Francesca’s Lures Gen Z and Millennials With Acquisition of Richer Poorer 
May 03, 2023

Francesca’s, a boutique clothing chain, has acquired the lifestyle brand Richer Poorer as part of its strategy to appeal to millennial and Gen Z women. The acquisition aims to expand the retailer’s channel reach by taking advantage of its strong wholesale network, as well as...

Retail
Tech Giants See Boost in Advertising Revenue, but Will It Last? 
May 03, 2023

Recent quarterly reports indicate that major tech companies such as Amazon and Meta have experienced a boost in advertising revenue, suggesting a possible recovery of the digital advertising industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Adore Me Teams With Walmart to Reach New Customers
May 03, 2023

Adore Me has teamed with Walmart to expand its direct-to-consumer (D2C) lingerie brand. 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 newsletter, PYMNTS Today....

Banking
Regional Banking Crisis Just Beginning: Ex Fed Official
May 03, 2023

An ex-Federal Reserve official said America’s regional banking crisis hasn’t yet passed. 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 newsletter, PYMNTS Today. By...

Banking
KMPG’s Auditing Scrutinized After Trio of Bank Failures
May 03, 2023

America’s biggest bank auditor is reportedly under fire after a trio of high-profile banking failures. 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 newsletter,...

Retail
Businesses Turn to Shopping Data to Find Their Best Customers
May 03, 2023

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Brad Wiskirchen, GM and SVP of Kount, an Equifax Company, says businesses need to focus on finding the customers...