Today in retail, restaurants and grocery stores use shrinkflation to get customers to pay the same amount for less of what they want, while Weber widens its reach to expand its customer base. Plus, Sephora and Kohl’s will have 850 shop-in-shops by the end of...
At grocery stores and restaurants, as prices rise, containers are shrinking. 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...
Kohl’s on Tuesday (Feb. 15) revealed the 400 stores across 36 states from Alaska to Maine that will house Sephora at Kohl’s shops by the end of this year, bringing the number of Sephora at Kohl’s stores to 600, keeping the company on target to...
Checkout-free technology platform Grabango has partnered with convenience store chain MAPCO to add checkout-free operation to its locations across the southeastern U.S., starting in Tennessee, according to a Tuesday (Feb. 15) press release. Get the Full Story Complete the form to unlock this article and...
The big brand store-in-store partnership trend saw a major new backer Tuesday (Feb. 15) as embattled department store Kohl’s revealed plans to triple its recently launched Sephora venture and expand it to 400 additional locations this year — with another 250 slated to open in...
Fashion brand Louis Vuitton is joining other high-fashion competitors in raising its prices Wednesday (Feb. 16) because of increased manufacturing and transportation costs, a spokesperson for French luxury goods company LVMH in China told Reuters. Get the Full Story Complete the form to unlock this...
In its short six-month life as a public company, outdoor grill maker Weber has faced challenges and investor pressure not seen in its 70-year existence. Hit with rising freight costs and inflation that’s running at generational highs, the suburban Chicago manufacturer’s stock has fallen 35%...
Today in retail, Dickies embraces virtual fitting to great success while Jana Partners slashed its ownership stake in Macy’s after pushing it to separate its eCommerce business from the brick-and-mortar operation. Plus, brands building super apps to meet customers’ desire for increased rewards programs, and...
Activist investment firm Jana Partners reduced its stake in Macy’s by 84% in the final months of last year, soon after imploring the retailer to separate its eCommerce operations from its brick-and-mortar business. Get the Full Story Complete the form to unlock this article and...
