Oettinger Davidoff AG, an independently owned, Swiss luxury goods company that specializes in tobacco products and accessories, recently updated its Davidoff of Geneva digital storefront to better showcase its commitment to quality and customer experience. This week that storefront design earned the company notable recognition. BigCommerce,...
In a pivotal moment for Foot Locker, the company’s second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives to enhance its digital business, store experience, loyalty programs and brand building. With a 2.6% increase in comparable sales, surpassing...
Italist is tapping into the growing American enthusiasm for Italian luxury fashion with a strategic approach that blends seasonal discounts and curated selections. By expanding into the U.S. market, italist aims to capitalize on the demand for high-end Italian brands, offering a more accessible entry...
Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company’s second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said digital sales increased 6.2%, accounting for 37% of total sales and the fifth consecutive quarter of improvement. “As we have...
Retailers are facing mounting pressure from the costs associated with returns, but they are also discovering ways to turn this challenge into an opportunity for growth, Catherine Dummitt, VP of marketing at Narvar, told PYMNTS. Balancing the expense of returns with potential revenue involves a...
As U.S. malls grapple with shifting consumer preferences and the digital revolution, they are undergoing a transformation. In an interview with PYMNTS, Rachel Williamson, chief strategic retail adviser, Running Great Stores, highlights the trend of experiential retail, where malls are focusing on activity-based businesses and...
IKEA is reportedly testing a peer-to-peer marketplace where customers can sell each other secondhand furniture. IKEA Preowned is the Swedish retailer’s attempt to take on companies such as eBay and Craigslist, and will be tested in Madrid and Oslo for the remainder of the year...
One hundred years ago, the grocery shopper was just trying out the new concept of chain stores like Piggly Wiggly, A&P and King Kullen. She would visit one of these chains with sawdust on the floor and handwritten price tags for items like sirloin steak...
As promotional events like Amazon Prime Days and Walmart+ Week escalate the rivalry between Walmart and Amazon, distinct consumer trends have emerged. A recent PYMNTS Intelligence Report, First Look: Walmart+ Week Draws High-Income Shoppers Looking for Deals, reveals high-income participants were 2.3 times more likely...
