Commerce relationships — including retail subscriptions, memberships and loyalty programs — are extremely popular with consumers. In fact, 79% of all consumers have at least one of these commerce relationships with merchants, and 17% have all three, according to “Relationship Commerce,” a PYMNTS and Ordergroove collaboration...
Today in retail, Amazon is working on a cheaper, smaller version of its Just Walk Out technology, and U.K. shoppers might soon be able to pay with biometrics. Plus, Ikea debuts AI-powered design tool Ikea Kreative, rising inflation makes customer loyalty even more important for...
They say revenge is a dish best served cold, but the revenge shopping trend of 2022 is heating up fast as millions make purchases they’ve been putting off, especially in categories like travel. Get the Full Story Complete the form to unlock this article and...
In a bid to capture ongoing increases in both online shopping and time spent at home, the world’s largest furniture and home furnishings retailer is turning to technology to give its massive customer base the confidence and inspiration needed to custom design their own living...
Retail sales volumes are down about 5% for the year through June, according to survey data from the latest Confederation of British Industry (CBI) Distributive Trades Survey released Thursday (June 23) — and it looks like more bad news is coming for July. Get the...
What started as a three-man foray in 2012 to rethink the physical retail experience and eliminate standing in line has blossomed into a massive global operation today that’s at the center of Amazon’s omnichannel shopping experience. Get the Full Story Complete the form to unlock...
Today in retail, inflation-smacked consumers content to eat dinner and watch movies at home for now, while retailers are using cash incentives to encourage customers to pick up their orders. Plus, Harrods postpones summer sale amid supply chain hang-ups. Get the Full Story Complete the...
As much as airlines and hospitality sector players have reported brisk bookings from consumers eager to get out and go somewhere this summer, the present mix of economic factors is also having a rekindling effect on the nesting trend that surged during the pandemic. Get...
As food at home prices continue to soar, grocery shoppers are looking for deals and discounts more than ever. Noting this demand, major retailers are incorporating food and beverage offers into their usual deal day promotions. Get the Full Story Complete the form to unlock...
