Products news and trends

Service-Based Retailers Surpass Product-Focused Merchants
Retail // March 11, 2020

Storefronts that provide services have exceeded the number of those offering clothes and other merchandise. Per a JLL report, the number of service-based retailers rose 20.5 percent between 2002 and 2017, coming in at 1.2 million spaces, while retailers offering goods declined 4.5 percent to...

Fighting The Friction In Retail Returns
Retail // February 03, 2020

Free returns have become something of a standard offering for eCommerce consumers. What better way to compensate for an improperly fitting clothing item or a purchase not quite living up to snuff than making it easy and free to send it back? A solid strategy, if...

The Sharpie’s Indelible Mark On Commerce (And, Well, #SharpieGate)
Retail // September 07, 2019

September is always a big month for the Sharpie. With back-to-school in full swing, Sharpies are popular favorites on supply lists nationwide. That means for the last several weeks, they’ve sat proudly on store shelves waiting for parents to put them into a shopping cart during the frantic shopping sprints that...

Putting A Famous Face To A Product
Retail // March 30, 2019

Celebrity-backed brands are nothing new. As PYMNTS has previously reported, the original celebrity-endorsed products date back as the far as the 1760s, when the British royal family was tapped to endorse fine china. But the modern era of celebrity brands dates back to 1991, with Elizabeth Taylor’s...

Quick Reads
With 2Q Sales Down 19 Pct YOY, L’Oreal Plans New Product Launches

July 30, 2020
Beauty powerhouse L’Oréal is planning to launch an array of new products and advertisements to compete in a market that has been reshaped by COVID-19, Chairman and Chief Executive Jean-Paul Agon told the Financial Times. The newspaper quoted him as saying, “We want to go on the offensive again,” listing new initiatives that include the launch […]

Service-Based Retailers Surpass Product-Focused Merchants

March 11, 2020
Storefronts that provide services have exceeded the number of those offering clothes and other merchandise. Per a JLL report, the number of service-based retailers rose 20.5 percent between 2002 and...

Amazon Blocks Product Promotions That Lose Money

March 21, 2019
In an effort to boost its bottom line, Amazon will no longer allow products that don’t turn a profit to advertise on its site. CNBC reported that Amazon has recently been...

Neiman Marcus Taps Into The Travel Vertical

February 21, 2019
Neiman Marcus is expanding its horizons with travel this spring – though not by going anywhere itself. Instead, the department store has announced it will be unveiling its latest campaign...