Chinese eCommerce giant JD.com is looking beyond its borders in its efforts to add more international customers, a top executive told CNBC, a move that some believe could help the company take a sliver of market share from retail behemoth Amazon in some areas. Get...
Anyone who has ordered groceries online knows the frustration of not receiving the ingredients they need for a dinner recipe – or, even worse, getting inadequate substitutions that must be returned (or left in the pantry for eternity). Get the Full Story Complete the form...
Retail customers perpetrating policy abuse cost U.S. firms with more than $100 million in annual sales a collective $89 billion in revenue each year, according to Beyond eCommerce Fraud: How Retailers Can Prevent Customer Policy Abuse, a PYMNTS and Forter collaboration. The study is based...
In today’s top retail news, strong demand coupled with supply chain bottlenecks are pushing inflation higher and causing Adidas to project $1.2 billion in lost sales over the coming months. Also, Poshmark, despite a supply advantage, reported lower-than-expected sales in the third quarter as it...
Nearly two years of pandemic life has left many people in need of a new wardrobe, whether it’s because styles have changed or sizes have fluctuated, and with plenty of binge-worthy TV shows to discuss. And though consumers can’t yet buy a replica of Joe...
President Joe Biden on Tuesday (Nov. 9) met with leaders from Walmart, United Parcel Service, FedEx and Target, according to a Reuters report, in an effort to expedite deliveries and lower prices for consumers during the ongoing supply chain snafu that’s hindering all segments of...
Peloton on Tuesday (Nov. 9) announced its first connected strength product, an artificial intelligence-enabled device dubbed Peloton Guide, as the company faces plummeting market value in the face of slowing revenue and subscriber growth. Get the Full Story Complete the form to unlock this article...
Resale marketplace Poshmark reported lower-than-expected sales in the third quarter as the company grapples with the impact of Apple’s privacy changes in its iOS system, the latest digital firm to note a setback because of the update. Get the Full Story Complete the form to...
In today’s top retail news, The RealReal and thredUP see an opportunity to capture consumers as rivals struggle with their supply chains, while brands are set to capitalize on virtual sales as the metaverse goes mainstream. Also, Macy’s is taking steps to attract new employees...
