Retail

Retail
Fashion Brands Drop Virtual Goods to Drive Omnichannel Engagement
July 15, 2024

From the metaverse to video game worlds, fashion companies are releasing digital clothing and accessories to create new sales opportunities and get consumers to engage more with their brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Smartphone Sales Climb Thanks to Markdowns and AI
July 15, 2024

iPhone sales stabilized in the second quarter amid growth in the broader smartphone market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Retail
New Look at Geolocation Helps Physical Stores Compete in a Digital World
July 15, 2024

Customer expectations are perpetually evolving — meaning the experiences they are offered should, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Retail
Malls Add EV Chargers to Woo Affluent Shoppers With Spare Time
July 12, 2024

Around the world, malls are adding new electric vehicle (EV) charging stations to attract the high-income shoppers who own them and to get them to spend more time on site. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Target Bolsters in-Store Experiences Through Strategic Collaborations
July 12, 2024

Target is facing increased competition from online retailers with faster delivery and a wider selection of products. Customers are also shopping less frequently in physical stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Report: Barneys New York Aims to Expand Product Offerings, Distribution
July 12, 2024

Barneys New York reportedly plans to expand both its product offerings and its distribution if the planned acquisition of Neiman Marcus Group by the owner of Saks Fifth Avenue is completed. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Paris Olympics Draws 18% More Sponsor Spending Than 2021
July 12, 2024

U.S. companies are reportedly looking to this summer’s Paris Olympics to put them ahead of their competitors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Retail
Signet Jewelers Cultivates Customer Loyalty Through Service
July 12, 2024

Signet Jewelers, the world’s largest diamond retailer, faces a distinct challenge in creating customer loyalty. Unlike frequently purchased consumer goods, jewelry purchases tend to be less frequent, necessitating a focus beyond transactional sales. Get the Full Story Complete the form to unlock this article and...

Retail
Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon
July 12, 2024

As Walmart looks to hold its own against Amazon’s growing lead in retail, the company is leaning into its food and beverage stronghold, leveraging automation to scale its omnichannel grocery presence. Get the Full Story Complete the form to unlock this article and enjoy unlimited...