Retail

Retail
Loop Debuts Tool to ‘Offset’ the Cost of Returns
September 25, 2024

Loop has debuted a solution to help merchants offset the cost of returns and reverse logistics. Dubbed “Offset,” the solution lets brands offer their customers the chance to pay a small upfront fee during checkout in exchange for free returns later, the company said in a...

Retail
Stitch Fix Hopes for Revenue Growth by 2026 as It Implements Transformation Strategy
September 24, 2024

As Stitch Fix, the online personal styling service, navigates a challenging retail landscape with a transformation strategy designed to revive its financial performance and client engagement, CEO Matt Baer is confident the company will return to revenue growth by the end of fiscal 2026. During...

Retail
Fabric CEO: ‘Peak Website’ Helps Retailers Win Battle for Post-Purchase Efficiency
September 24, 2024

“This is where the battle’s going to be won,” Mike Micucci, CEO at fabric, told PYMNTS’ Karen Webster. “This” is retail’s ability to meet consumers where they are — whether online, in-store or on social media — and deliver a seamless, efficient and reliable shopping experience...

Retail
Hark! Anthropologie Heralds Christmas in September
September 21, 2024

If you felt odd about the Christmas retail push starting as soon as Thanksgiving was over, you might want to avoid New York City’s Upper West Side this weekend. Anthropologie is ringing in the holiday season extra early this year, with its Holiday House, showcasing...

Retail
Peloton’s New Marketing Campaign to Promote Breadth of Fitness Offerings
September 20, 2024

Peloton’s upcoming marketing campaign will reportedly promote the company’s full range of services and target audiences the firm hasn’t been reaching.  “We believe that we were hitting some diminishing return in our previous strategy, because we’ve been talking to the same people with very similar...

Retail
Nike CEO John Donahoe to Retire, Succeeded by Longtime Executive Elliott Hill
September 19, 2024

The Nike board of directors has announced a leadership transition that will see Elliott Hill, the company’s former president for consumer and marketplace, who retired in 2020, return to the company as president and CEO. The board also said in a Thursday (Sept. 19) press...

Retail
Amazon and Walmart Add Membership Value to Deepen Loyalty
September 19, 2024

As retail giants Amazon and Walmart race to capture consumers’ online shopping spend, both aim to sweeten the deal for members of their paid subscriptions to drive loyalty and engagement. Amazon, for its part, is adding more offerings that extend beyond its own marketplace. The...

Retail
Walmart Takes on Amazon With Earlier Holiday Deals Event
September 19, 2024

Walmart says it is beginning its holiday shopping offerings earlier than ever. “This year, nearly 50% of consumers will start their holiday shopping as early as August and September, as people remain price-conscious and plan ahead to maximize their holiday budgets,” the retail giant said in...

Retail
Dollar Stores’ Slow Sales Aren’t Cramping Expansion Plans
September 18, 2024

The two biggest dollar store chains in the United States plan to open hundreds of locations despite cooling sales. Dollar Tree and Dollar General aim to open more than 1,300 new stores during this fiscal year, The Wall Street Journal reported Wednesday (Sept. 18). While...