PYMNTS-MonitorEdge-May-2024

H&M

EMEA Daily: Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
EMEA Daily: Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
September 30, 2022  |  emea

Today in Europe, the Middle East and Africa, H&M announced that it will trial charging a fee when customers return items they’ve purchased online and...

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Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
September 30, 2022  |  Retail

H&M may become the latest merchant to begin charging a fee when customers return items they’ve purchased online. The fashion retailer is going to test...

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H&M Group to Leave Russia After Temporary Store Reopening in August
H&M Group to Leave Russia After Temporary Store Reopening in August
July 18, 2022  |  Retail

H&M Group is “winding down the business” in Russia after pausing sales in the region in early March following the country’s attacks on Ukraine, according...

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Fast Fashion, Circular Fashion Square Off on Sustainability Runway
Fast Fashion, Circular Fashion Square Off on Sustainability Runway
July 08, 2022  |  Wearables

It’s inexpensive and looks good just long enough, but fast fashion is taking flak for its environmental impact, potentially making circular fashion the next big...

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Shoppers Embrace H&M’s Full Prices, Driving Higher Sales
Shoppers Embrace H&M’s Full Prices, Driving Higher Sales
June 29, 2022  |  Retail

Fashion retailer H&M says it expects to raise prices in the coming year following a report that shows its shoppers don’t mind paying full price....

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Today in Retail: FedEx Sees Growth in eCommerce; CarMax Ups Customer Capabilities
Today in Retail: FedEx Sees Growth in eCommerce; CarMax Ups Customer Capabilities
June 24, 2022  |  Retail

Today in retail, U.S. senators are trying again to get support for Payment Choice Act, while H&M closes its Shanghai, China, flagship location amid supply...

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Lockdowns, Consumer Backlash Force H&M to Close Shanghai Flagship
Lockdowns, Consumer Backlash Force H&M to Close Shanghai Flagship
June 24, 2022  |  Retail

Fashion retailer H&M has closed its Shanghai, China store, the latest move in that nation after consumer demand is flagging as the country has just...

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Today in Retail: May Retail Sales Dip 0.3%; H&M Gets Q2 Boost in Foot Traffic
Today in Retail: May Retail Sales Dip 0.3%; H&M Gets Q2 Boost in Foot Traffic
June 15, 2022  |  Retail

Today in retail, retail sales fall unexpectedly in May, while shoppers return to H&M stores. Plus, retailers fight fraud, Shopee cuts staff, Walmart teams with...

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Shoppers Return to H&M Stores as COVID-19 Fears Subside
Shoppers Return to H&M Stores as COVID-19 Fears Subside
June 15, 2022  |  Retail

The lifting of quarantines and other pandemic-related restrictions across Europe and around the world led shoppers to return to the brick-and-mortar locations of fashion retailer...

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