South Korea reportedly leads the world in per capita spending on personal luxury items. The country’s citizens spend $325 per capita each year on these...
Omnichannel shopping was on full display this holiday season, with buy now, pay later (BNPL) playing a starring role against a backdrop of economic turbulence....
The holiday shopping season is so important to retailers that it has become a matter of survival for many. One in four businesses believes recent...
Around a third of eurozone consumers have reduced their cash usage compared to pre-pandemic levels. According to the results of a recent European Central Bank...
Shoppers are returning to physical stores this holiday season, but digital habits adopted during the pandemic show no signs of abating. More than three-quarters of...
Retooling cross-channel shopping options could be a key strategy for women’s clothing retailers weathering the economic climate. Data from PYMNTS’ ConnectedEconomy™ report “The Gender Divide” demonstrates...
Job cuts and slowing growth aside, Amazon’s payments ubiquity march — reaching well beyond its own platform — continues unabated. By making Buy With Prime available...
Abercrombie & Fitch has boosted its fourth-quarter outlook, driven by record demand for women’s apparel. The retailer of apparel and accessories for men, women and children...
Rite Aid has appointed an interim CEO as the company deals with a “dynamic environment.” Elizabeth “Busy” Burr, a member of the company’s board of directors,...