Retail

Retail
Singles Day Breaks Record With $38B In Sales
November 11, 2019

Singles Day, which is Monday, Nov. 11 this year, has become one of the biggest eCommerce events around the world, thanks to its backing by China-based digital and mobile retail giant Alibaba, and the disposable income of that country’s massive consumer segment. And this year’s...

Retail
Tesco Launches Amazon-Style Subscription Program
November 11, 2019

Tesco is taking on the competition by adding a subscription option to its Clubcard loyalty program. 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
Stepping Into High-Fashion P2P Innovation, On-Rental
November 08, 2019

Wardrobe, a peer-to-peer (P2P) fashion marketplace that gives users the chance to rent out designer and vintage items for a fraction of their purchase price, has recently debuted amid many competitors with similar concepts. The company brings two new ideas to the table: replacing warehouses...

Retail
Retail Pulse: CVS, UPS Test Drone Potential; Birchbox Grows Walgreens Partnership
November 08, 2019

Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. UPS subsidiary UPS Flight Forward Inc. and CVS Health Corporation subsidiary CVS Pharmacy, Inc., for instance, recently announced the successful delivery of a prescription from...

Retail
Alibaba Seeks To Raise Up To $15B In Hong Kong
November 08, 2019

In a move comes five years after its record-setting initial public offering in New York, Alibaba Group Holding Ltd.’s is looking to raise $10 billion to $15 billion in a second listing in Hong Kong. The firm is aiming to roll out the share sale following...

Retail
Cubcoats Partners With Amazon On CA Pop-Up
November 08, 2019

Toy retailer Cubcoats has partnered with Amazon to create a pop-up experience at the Del Amo Fashion Center in Torrance, California, open now through Jan. 5. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
H&M Tries To Prevent Resale Of Designer Items
November 08, 2019

H&M is trying to prevent the online resale of its collection created with Italian designer Giambattista Valli. 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...

Retail
Is ‘Walking In A Live Instagram Account’ The Future Of Physical Retail?
November 08, 2019

Remember those first giddy days of eCommerce? If so, one can probably remember the fantastical predictions that, before too long, brick-and-mortar retail would go the way of the horse-and-buggy. Those were the days. Get the Full Story Complete the form to unlock this article and...

Retail
With Fewer Shopping Days, Retailers Ramp Up Sales, Delivery
November 07, 2019

Thanksgiving lands on Nov. 28, which is six days later than last year. That means retailers have a whole week less to sell during the holidays. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...