Remove 2009 Remove Branding Remove Online Remove Retail
article thumbnail

UK Agencies Paint Stark Reality For Retail

PYMNTS

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. These are extraordinary times for the retail sector. retailers are not ready for digital transformation.

Retail 141
article thumbnail

Amazon Turns To Manufacturers For ‘Exclusive’ Brands

PYMNTS

Amazon is taking a new approach to its brands, extending beyond its AmazonBasics and other private-label lines: The retailer is rolling out brands that are exclusive to the site, but are not actually owned by the company. At the same time, Perrigo also owns a brand called GoodSense.

Branding 166
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail Reopening Hinges On Dangerous Discounts

PYMNTS

retail reopening. Most reports of mall reopenings and other retail post-pandemic debuts in the U.S. The station also reported that retailers who did see crowds followed strict guidelines. These brands are still comfortable with their investments,” she says. Revenge shopping will not be a factor in the U.S.

Retail 143
article thumbnail

Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101
article thumbnail

Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100
article thumbnail

Saks Fifth Avenue CEO Lauds Holiday Luxury Buying Binge

PYMNTS

Saks Fifth Avenue CEO Marc Metrick said luxury retail could be called “comfort food” for those mired in pandemic-related stress, CNBC reported. Metrick asked “why else” someone would be buying 110-millimeter pumps “from a luxury brand, when you’re working at home and on Zoom all day,” according to CNBC.

Retail 172
article thumbnail

MobileBytes Launches New Update For Online Ordering

PYMNTS

MobileBytes , the point of sale (POS) for iPad innovators, has released its next-generation software update for online ordering. These upgrades to our online ordering system are a direct result of what users have told us they want and need from their POS system.”.

Online 119