Retail

Retail
Businesses Turn to Shopping Data to Find Their Best Customers
May 03, 2023

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...

Retail
1-800-FLOWERS.COM Buys SmartGift to Expand Gifting Capabilities
May 02, 2023

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,...

Retail
David’s Bridal Offers Membership Perks as Store Closures Loom
May 02, 2023

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...

Retail
How D2C Brands Like Warby Parker Are Making Physical Stores Work
May 02, 2023

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...

Retail
Skims Taps Saks to Launch Shop-in-Shop Experience for Customers 
May 02, 2023

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...

Retail
Tuesday Morning Shuts Doors Amid Retail Bankruptcies
May 02, 2023

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...

Retail
Kroger and Albertsons Court Public Support for Merger by Leveraging Inflation Anxieties
May 01, 2023

As Kroger and Albertsons’ pending merger faces criticism, the grocers are courting price-sensitive shoppers’ favor. In a co-authored op-ed in The Cincinnati Enquirer, Kroger Company CEO Rodney McMullen and Albertsons Companies CEO Vivek Sankaran pushed back against opposition to the proposed merger. The piece addressed claims that...

Retail
Adidas Bets on Sports and All Things ‘US-Centric’
May 01, 2023

Adidas will increase its focus on sports in the U.S. to propel its stateside business. “We want to double down on all of the things that are U.S.-centric, particularly around sport,” Rupert Campbell, president of the company’s North America operations, said in an interview with...

Retail
Companion Pet Service Taps AI to Gain Market Share Over Chewy, Petco
May 01, 2023

More often than not, pet parents are willing to take extensive measures to guarantee their pets are given optimal care and attention, which entails providing them with the necessary essentials to flourish. This is shared sentiment among big pet players like Chewy, Petco, Mars, and...