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Social Media As The ?Ticket? For Contextual Commerce

PYMNTS

Sports fans can’t get enough of their favorite players and teams: Their social media accounts oftentimes have hundreds of thousands or millions of followers. They sold out in 23 minutes — proof that social media channels can be successful mediums for consumer purchases. How does social media play in?

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High-End Retailers Block Access To Storefronts In New York

PYMNTS

As government measures to decelerate the spread of the coronavirus have come into place, many upscale retailers in New York such as Chanel, Celine and Fendi have blocked access to their shops with plywood. Retail shops in storied retail locations have shut their doors. In other retail news, department stores in the U.S.

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Vans Skates Into LA With Community-Driven Concept

PYMNTS

Youth-oriented shoe and apparel brand Vans has found the intersection of both, as seen in its most recent store opening this past week in Los Angeles. The experiential retailer b8ta is also launching a new community-driven store, this one aimed at fashion and lifestyle apparel. The concept doesn’t always have to be altruistic.

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Instagram Aims To Have Athletes, Teams Sell Products

PYMNTS

But they are also increasingly tapping into the social media platform to sell products as well, The Wall Street Journal reported. Beyond Williams, the social media platform is the primary venue for the Los Angeles Clippers’ social merchandising efforts. Smartphones, in one case, accounted for 35.6

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Pop Up Grocer Checks All The Pandemic Retail Boxes

PYMNTS

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. After launching 10-day and month-long installments in NYC’s Soho last year, Pop Up Grocer opened in Los Angeles in February.

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Forever 21 Stores Hacked

PYMNTS

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. The Los Angeles-based company said the probe was focused on transactions made at its stores between March and October of this year, and that since the investigation was ongoing, it could not give complete findings.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Leveraging social media, Gentle Monster started to get traction. These striking designs paid for themselves in media exposure. Many went viral on social media, which then captured the attention of A-list celebrities such as Beyonce, which further brought the brand to new heights.