Retail

Retail
A Tale of 2 Brands: Macy’s Ramps Up Private Labels as Amazon Backs Away 
August 14, 2023

While Macy’s is making its plans public to enhance its private business, Amazon is reducing its focus on private-label operations.   This summer, Macy’s announced its plans to launch four private brands by the end of 2025. The first brand, called “On 34th,” is scheduled to...

Retail
McDonald’s, Domino’s Launch Merch Collections, Will You Bite?
August 12, 2023

Food meets apparel. It’s an interesting twist that many restaurants, specifically quick-service-restaurants (QSRs), have pursued in a bid to diversify their offerings, tapping into a wider audience and expanding their reach. QSRs are looking to engage customers beyond their dining tables or screens, and fashion...

Retail
Merchants Push for New Laws to Combat Organized Retail Theft
August 11, 2023

Retailers and trade associations across the country are pushing for state and federal laws to impose harsher penalties for those engaging in organized retail crime. Since 2022, at least nine states have passed laws to do just that, six of which have occurred this year,...

Retail
American Eagle’s Aerie Looks to Localization to Drive Conversions
August 11, 2023

Personalization has become the norm, and retailers without this feature are considered obsolete and disconnected.  Yet when exploring personalization, many strategies come into play. One approach, embraced by numerous retailers, is localization. Brands localize to extend their influence from eCommerce into brick-and-mortar retail, or dial...

Retail
Instacart Expands Online SNAP Payment Acceptance Nationwide
August 10, 2023

Online grocery marketplace Instacart now accepts Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) payments throughout the entire United States. With the recent addition of Alaska, the company now accepts SNAP online in all 50 states and Washington D.C., with more than 120 retail banners...

Retail
Report: TikTok Adds Veterans From Amazon and Meta to Lead eCommerce
August 09, 2023

TikTok has reportedly added retail executives who were previously with Amazon and Meta to help build its eCommerce businesses in the United States. They will replace the social media platform’s U.S. general manager of eCommerce, Sandie Hawkins, who will leave the company, TheMessenger reported Wednesday...

Retail
UK Retailer John Lewis Launches $127 Million Google Cloud Partnership
August 09, 2023

British department store company John Lewis Partnership is the latest retailer investing in artificial intelligence (AI). The company has undertaken a 100 million pound (about $127 million) partnership with Google Cloud as it moves to push its brands John Lewis and Waitrose further into the digital space, according to a Wednesday (Aug. 9) press release....

Retail
Walmart and Kroger Aim to Increase Market Share as In-Store Advertising Gains Momentum 
August 09, 2023

If you’ve stepped inside a store recently, maybe a Target or Kroger, you might have noticed digital in-store advertising — an upgraded rendition of the traditional grocery flyer or hanging banners. These advertisements are about to become more commonplace as brands and retailers seek additional...

Retail
Omnichannel Is a Merchant Priority and Fraudster Opportunity
August 09, 2023

The embrace of omnichannel commerce as the pandemic recedes has brought a “new normal” for merchants, Adam Gunther, senior vice president and chief product officer at Kount, an Equifax Company, told PYMNTS in a recent interview. “There are new fraud and theft vectors,” he said,...