Retail

Retail
Holiday ‘Sales Creep’ May Burden Inventory-Laden Retailers
August 22, 2023

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 completing this form, you agree to receive marketing communications from PYMNTS and...

Retail
Gap Up 10% as New CEO Richard Dickson Brings Hope for Turnaround
August 22, 2023

Gap has a new CEO, Richard Dickson, beginning Tuesday (Aug. 22), in a move that reportedly signals renewed optimism for the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Retail Theft Costs US Merchants Like Walmart and Target $100 Billion a Year
August 22, 2023

“It’s more than shoplifting. It’s organized retail theft,” PYMNTS said at the end of May and it’s an issue that lives on.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Social Media Shopping Blocked By a Lack of Trust 
August 21, 2023

Shopping over social media seems to be the next frontier of eCommerce spend, with 43% of consumers (approximately 110 million individuals) browsing these platforms to find goods and services. However, only 14% (36 million individuals) buy those goods and services via social media.  Get the...

Retail
Estée Lauder Embraces Science, Expertise and TikTok to Get Consumers to Shop 
August 21, 2023

In 1968, Vogue magazine published an article titled “Can Great Skin Be Created?” by beauty editor Carol Phillips. It caught the attention of dermatologist Dr. Norman Orentreich and journalist Evelyn Lauder, who were both intrigued by the idea of merging dermatology and cosmetics to create a...

Retail
StockX’s Luxury Resale Dominance: Can Everday Sneakers Step Up?
August 19, 2023

Sneaker rental platform Kyx World learned a hard lesson in January. 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 completing this form,...

Retail
Report: The Honest Company Develops Store-Within-a-Store at Walmart
August 18, 2023

The Honest Company, a digital startup founded by actress Jessica Alba, is reportedly looking to boost its physical presence by expanding its partnership with Walmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Retail Earnings Show Digital Shift in Health and Beauty Spend
August 18, 2023

Consumers are proving resilient when it comes to spending on health and beauty products.  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...

Retail
Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
August 18, 2023

As inflation exerts its influence on consumer purchasing decisions, off-price retailers are benefiting.  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....