This week in the ongoing race for customers’ loyalty and engagement between retail powerhouses Walmart and Amazon, the former may be looking to join in the streaming media space, where the latter is already well established. Walmart is said to be in discussions to purchase...
Apparel company True Religion may be up for sale. The company’s owner, hedge fund Farmstead Capital Management, began the sales process in January, CNBC reported Thursday (Feb. 15), citing unnamed sources. The sellers are shopping the True Religion brand around to private equity firms and...
With clothing and footwear brands increasingly turning to resale programs to reach cost-conscious consumers and drive loyalty, Epson is noting the opportunity to apply a similar strategy in the printing and scanning space, expanding its refurbishing program. The company announced Wednesday (Feb. 14) its new...
Retailers such as Target, Macy’s and Walgreens are taking a harder look at their private-label offerings, as PYMNTS Intelligence research shows that ongoing financial pressures are prompting consumers to seek low-priced alternatives to brand-name products. Target, for its part, is taking its popular Up&Up brand,...
The competition for customers amongst brand websites, store websites and online marketplaces continues to be shaped by a complex web of consumer preferences, trust considerations and strategic characteristics. “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces,” a report by PYMNTS Intelligence...
Hasbro may be seeing digital growth via its gaming business, but as consumers buy fewer nice-to-have products, the toys and games company continues to struggle. The Rhode Island-based company shared in its fourth quarter and full year 2023 financial results that it saw a 10%...
Finding a romantic gift for Valentine’s Day can be hard, especially with so many shopping apps to pick from. PYMNTS’ Provider Ranking of Shopping Apps is back to help guide you when the number of apps available feels overwhelming. The Top 5 Staying on at...
Consumers reported spent 7.7% less on sporting goods in January than they did in the same month a year earlier. Online spending at sporting goods stores declined 6.8% year over year, while brick-and-mortar spending in this category fell 8.4%, Seeking Alpha reported Monday (Feb. 12), citing...
As direct-to-consumer (D2C) brands increasingly look for ways to cut costs amid ongoing economic challenges, Misfits Market is noting the opportunity to drive more revenue from its existing fulfillment capabilities. In an interview with PYMNTS Monday (Feb. 12), Abhi Ramesh, founder and CEO at the...
