Retail

Retail
The Data Point: Amazon Overtakes Walmart as Top Retailer at 9.4% of Retail Spend in...
April 21, 2022

Coke and Pepsi. McDonald’s and Burger King. Apple and Microsoft. Ranking in high the pantheon of great of corporate rivalries is Amazon versus Walmart. In 2021, Amazon overtook its retail elder in all but one category — one that gets you right in the breadbasket...

Retail
Tractor Supply Company Records Double-Digit Digital Sales Growth for 39th Consecutive Quarter
April 21, 2022

Rural lifestyle retail brand Tractor Supply Company keeps growing its online business, turning in double-digit growth in its eCommerce segment for the 39th consecutive quarter, according to the company’s fiscal 2022 first-quarter earnings report Thursday (April 21). Get the Full Story Complete the form to...

Retail
Carvana Crashes Into ‘Challenging, Difficult, Deteriorating’ Environment
April 21, 2022

For a company whose stock had already fallen 70% in the past eight months, it would be hard to say Carvana investors were caught by surprise when the online used car retailer known for its “vending machine” delivery towers announced its first-quarter earnings results Wednesday...

Retail
P&G Uses Brand Strength, at Both Ends of Price Spectrum, to Withstand Inflation
April 20, 2022

Testing the limits of elasticity, Procter & Gamble (P&G) is increasing prices here, focusing on discounts there, confronting inflation with a product “superiority strategy” that’s working. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Today in Retail: Chatbots Help Car Buyers Get Quick Answers and Service; Consumers Are Spending...
April 20, 2022

Today in retail, Victoria’s Secret unveils a brand for tweens while Amazon deploys palm-scan payment at Whole Foods in Austin, Texas. Plus, Capital Automotive Group kicks off its RideShift car-buying platform, Best Buy launches at-home electronics recycling program, Lululemon will focus on menswear and digital...

Retail
Data: Amazon Pulls Ahead of Walmart in Share of US Retail Spending
April 20, 2022

Amazon dethroned Walmart as the biggest winner of retail spend in the U.S. in 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Retail
Chatbots Fill Car Buyers’ Demands for Speedy Answers, Service
April 20, 2022

For retailers that have operated through the pandemic, one of the takeaways they’ve learned is that they must offer personalization — serving customers in the way they want to be served. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Best Buy Sweetens Subscription Plan With at-Home Recycling Pickup Service
April 20, 2022

At a time when the product refresh cycle has left most Americans with a stockpile of outdated and broken devices and gear, the nation’s largest electronics and appliance retailer has rolled out a new plan to easily and responsibly dispose of this household waste. Get...

Retail
Consumers Are Shopping Less, Spending More
April 20, 2022

Consumers may be going shopping less often, but when they do, they tend to spend more, especially when making retail purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...