Saks Fifth Avenue Is Experimenting With VR, Plus Amazon’s New Warehouse in England, And GM’s Maven Prepares To Enter Rideshare Pool.
 
 
 
 
 
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August 17, 2017
 
 
 
 
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NEW REPORT: Why Hibbett Sports Waited Until Just Now To Move Online

 

While in-store sales at sporting goods companies are taking a hit, Hibbett Sports finally took its business online last month after decades of being a brick-and-mortar-only business. But, with sinking stock prices and competition from the likes of Amazon, is it too little too late? In the latest PYMNTS.com Omnicommerce Tracker™, powered by Vantiv, Bill Quinn, Hibbett’s VP of digital commerce, discusses why the company finally logged online, and why it took so long. Find that, news, and rankings of 91 omnicommerce players, inside the Tracker.

 
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  eCommerce
 
 
 
Amazon's Private Label Bonanza
 

When this year started, Amazon's private label goods were clocking in at about 2 percent of their sales. Since Prime Day? That number has been running closer to 12 percent and climbing. So why is Amazon's private label blowing up — and is the expansion set to spread?  Read More...

 
 

Millennials And Money

 
 
 
Honeyfi: Love — And Better Budgeting — Can Keep Millennials Together
 

Every couple knows they need a budget — but like dieting, jogging and organizing one's closet, it always feels like something better done tomorrow. But Honeyfi wants to fix that problem — and help bring couples together with their finances, instead of letting their finances drive them apart. It launches today and we talked to co-founder Ramy Serageldin about how — and why — it will work.  Read More...

 
  The Buyers
 
 
 
Teen Retail Engagement
 

From one week to the next, teenagers’ retail preferences are always evolving. Today's teens have access to a much wider array of ways to engage with merchants, which makes it tougher for retailers to secure a reliable interaction pattern. Studies show that while mobile has a high conversion rate, teens prefer in-store experiences. With this mix of mobile and in-store, teens may just be tricky, tricky, tricky like Run DMC. In this week’s The Buyers, we explore these changing retail preferences and how retailers can keep up with the rock and rhyme of teenager shopping preferencesRead More...

 
  What's Hot Today in Retail
 
 
- Wash, Rinse And VR With Saks Fifth Avenue's New Salon
 
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- GM’s Maven Prepares To Enter Rideshare Pool
 
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