Retail

Retail
From Crypto Perfume to Weightlifting, Brands Try to Win Over Women
March 09, 2024

This Women’s History Month, brands want to take the occasion to capture female shoppers’ spending, but some of their methods may be more effective — and more in touch with what women actually want — than others. On the wackiest end of things, cryptocurrency exchange...

Retail
Retailers Grapple With Mounting Pressures as Middle Class Takes a Hit
March 08, 2024

As ongoing economic pressures shrink the middle class, retailers are being challenged to either cut prices and step up their deals and discounts or make a play for high-income consumers.  Indeed, years of financial challenges are eating away at the middle class’s spending power. A PYMNTS...

Retail
Oura Launches Amazon Brand Store for Smart Rings
March 08, 2024

Oura has begun selling its smart rings on Amazon. The company is offering its Oura Ring Horizon and Oura Ring Heritage, as well as the Oura Ring Sizing Kit, in an Oura Amazon Brand Store, the smart ring firm said in a Thursday (March 7)...

Retail
Retailers Win in Online Grocery
March 08, 2024

When consumers buy groceries online, they place their trust in retailers, not marketplaces. By the Numbers The PYMNTS Intelligence report “How Preferred Payment Availability Can Reduce Cart Abandonment” drew on insights from a survey of more than 3,500 U.S. consumers to better understand their behaviors...

Retail
Report: CPG Company Harry’s Prepares to Launch IPO
March 08, 2024

Consumer packaged goods company Harry’s Inc. reportedly confidentially filed for an initial public offering. The firm, which started with men’s grooming products in 2013 and now has five CPG brands, is working with investment banks and preparing to go public in New York, Reuters reported Friday (March 8), citing...

Retail
Walmart and Amazon Race to Provide Best Virtual Try-On Experiences
March 08, 2024

As augmented reality and virtual reality expand the possibilities for eCommerce, Walmart and Amazon are stepping up their digital try-on capabilities to drive conversion. Walmart shared via emailed announcement Wednesday (March 6) that it is expanding its existing Beauty Virtual Try-On capabilities through its app to include hair color options. The...

Retail
Costco’s Digital Gold Rush Drives eCommerce Gains
March 07, 2024

As retailers compete for consumers’ omnichannel loyalty, Costco is driving digital growth with a somewhat unconventional approach — selling precious metals. The membership warehouse club chain shared in its second quarter fiscal 2024 financial results Thursday (March 7) that digital sales were up 18.4% in the quarter,...

Retail
Walmart Adds Early Morning Hours to Delivery Options
March 07, 2024

Walmart has extended its delivery window to include the earning morning hours. The retail giant’s Express On-Demand Early Morning Delivery, announced on its website Thursday (March 7), lets customers get deliveries starting at 6 a.m. “This expanded timing offers them peace of mind knowing they can get...

Retail
Walmart: Conflicting Reports Show Self-Checkout Is Work in Progress
March 06, 2024

Depending on where you looked Wednesday (March 6), Walmart is scaling back self-checkout, limiting it to subscribers — or it’s a store-by-store decision. As reported through the past several days, and across a variety of media sites and social media conduits, the commerce giant is...