The intersection of technology, social dynamics and economic factors has created an environment where theft — both individual and organized — has proliferated. And H&M is the most recent victim to grapple with the mounting challenges of widespread retail theft in the United States. As...
Toys R Us is set to undergo a major expansion. Its parent company, WHP Global, has announced a partnership with Go! Retail Group to roll out Toys R Us flagship stores nationwide in the U.S. starting in 2024, the companies said in a Friday (Sept. 29) press release. Additionally, WHP...
With consumers already loyal to third-party aggregators, grocers are increasingly finding that they need to get on board if they want to reach their customers. In an interview with PYMNTS, Tamara Pattison, senior vice president and chief digital officer at The Save Mart Companies, which...
Back in May, PYMNTS reported that Foot Locker was planning to utilize concept stores as experimental venues for exploring localization efforts aimed at establishing stronger customer connections. Today, StockX, the resale marketplace renowned for its substantial online sales of sneakers, apparel and collectibles, is taking...
The Sunday (Sept. 24) outing of Taylor Swift to watch Kansas City Chiefs’ standout Travis Kelce on the football field wasn’t just a topic of constant conversation on the internet. It’s even made its way to Nike’s latest earnings call Thursday (Sept. 28). During the...
With the holiday season on the horizon, retail behemoths such as Walmart and Amazon are preparing to capture the attention and spending of consumers across the globe. Notably, this festive season will witness Walmart placing a heightened focus on its third-party marketplace. This year, third-party...
According to affluent shoppers, quiet luxury — understated refinement, subtlety, and minimalist elegance — is out. So what exactly does that mean for retailers, especially this holiday season? State of Quiet Luxury According to Fashionphile, luxury shoppers are abandoning subtlety in handbags from renowned brands. In...
Last week, Amazon announced plans to increase its hiring for the holiday season. It now looks like it might be the only big company in the retail/fulfillment space to do so. As The Wall Street Journal (WSJ) reported Thursday (Sept. 28), most logistics and fulfillment companies are keeping their...
Amazon has teamed with Shift4 to widen the use of its “Just Walk Out” payment technology. The partnership, announced Thursday (Sept. 28) combines payments and technology firm Shift4’s VenueNext solution with Just Walk Out, Amazon’s check-out free shopping tool. Beginning Thursday, the companies said in a press release provided to...
