Last year, Amazon captured almost five times the share of U.S. household spending on electronics, appliances, sporting goods, hobbies, music and books than Walmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Each and every one of us — no matter the income bracket — is aware of just how much prices at the pump, in the aisle and online have risen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Despite rising food, fuel and housing costs that have distorted household budgets, U.S. consumers continued to shop last month, pushing overall retail sales up by 0.5% in March on the back of strength at general merchandise stores, such as Walmart and Target, and appliance and...
Payment network Affirm is extending its partnership with social marketplace Poshmark to offer increased payment flexibility to shoppers, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Clothing and home décor retailer Lands’ End will showcase women’s swimwear in its on-air debut on home shopping channel QVC as part of an expansion of the companies’ eCommerce relationship that started late last year, according to a Thursday (April 14) press release. Get the...
After doubling revenues and subscribers last quarter, the nation’s leading designer clothing rental platform is aiming to do so again, saying the surge in inflation, combined with a spike in upcoming special events, will drive the value case for not purchasing new outfits. Get the...
Today in retail, Bed Bath & Beyond reports a loss in earnings, while REI plans to expand its trade-in program. Plus, Etsy feels immediate backlash from sellers related to a transaction fee increase, the gap between Amazon and Walmart is widening, Blackwells Capital again calls...
The retail rivalry to beat them all is Amazon versus Walmart, and new research shows that the gap is widening between the two mammoth companies as eCommerce continues its ascent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Just five weeks after being thrown a figurative lifeline of financial and emotional support from billionaire activist investor Ryan Cohen, household furnishing retailer Bed Bath & Beyond has doused investors with disappointment and reversed its recent gains. Get the Full Story Complete the form to...
