Francesca’s, a boutique clothing chain, has acquired the lifestyle brand Richer Poorer as part of its strategy to appeal to millennial and Gen Z women. The acquisition aims to expand the retailer’s channel reach by taking advantage of its strong wholesale network, as well as...
Recent quarterly reports indicate that major tech companies such as Amazon and Meta have experienced a boost in advertising revenue, suggesting a possible recovery of the digital advertising industry. However, as retail media gains momentum and brands and retailers seek new ways to attract and...
Adore Me has teamed with Walmart to expand its direct-to-consumer (D2C) lingerie brand. The apparel company, owned by Victoria’s Secret, has been working for the last two years with intimate designer Gelmart on an under-the-radar partnership to develop an exclusive line for Walmart called Adored...
PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Brad Wiskirchen, GM and SVP of Kount, an Equifax Company, says businesses need to focus on finding the customers...
1-800-FLOWERS.COM has acquired SmartGift to expand its consumer and corporate gifting capabilities. The acquisition will add the functionality of SmartGift’s intelligent gifting platform to 1-800-FLOWERS.COM’s family of brands focused on providing gifts, the companies said on Tuesday (May 2). “With the addition of SmartGift, Inc. to the 1-800-FLOWERS.COM, Inc. portfolio,...
David’s Bridal has debuted a new membership perk as it tries to remain afloat. Throughout May — to coincide with Small Business Month — customers who are Diamond members at the specialty retailer will receive gift cards for women-owned small businesses, the company announced in...
As shoppers resume their in-store experiences, brands and retailers are reassessing their selling strategies. Retailers are seeking to enhance their interactive displays to entice more consumers, while brands are striving to establish an in-store presence to boost sales and attract fresh customers. These customers prefer...
Skims, a brand created by Kim Kardashian that specializes in underwear, loungewear and shapewear, has expanded its retail reach through a partnership with luxury department store Saks Fifth Avenue to better meet consumer demand. Skims has partnered with Willo Perron of Perron-Roettinger to create...
After declaring bankruptcy twice in as many years, discount retailer Tuesday Morning is folding. “Starting today, we have begun the process of closing all our stores,” the company said in a weekend Facebook post. “Our Going Out of Business Sale is in stores now, with...
