Retail

Retail
Whole Foods Launches Accelerator as Grocers Compete for Shoppers
March 01, 2022

Whole Foods Market is looking to have a hand in the creation of the brands on its shelves. 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...

Retail
The Most Successful Brands Treat Social Commerce Like a Focus Group
March 01, 2022

The problem is clear: You can’t sell to young customers if you can’t talk to them first. 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...

Retail
Whole Foods Wants to Accelerate Local Brands
March 01, 2022

Whole Foods Market has begun taking applications for its Local and Emerging Accelerator Program, designed to mentor local food brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Lowe’s Unveils DIY-U by Lowe’s Digital How-to Project Workshop Portal
February 28, 2022

Lowe’s has debuted DIY-U by Lowe’s, a collection of on-demand, digital, instructor-led, home improvement skill-building project workshops, according to a Monday (Feb. 28) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Today in Retail: Overstock CEO Wants to End Returns; Party City Looks Ahead to Festive...
February 28, 2022

Today in retail, Target is increasing its starting hourly pay to $24 in some markets, while eBay could soon accept cryptocurrency. Plus, Etsy picks up a $4 million tab for Ukrainian seller fees. Get the Full Story Complete the form to unlock this article and...

Retail
Retail Wage War Escalates as Target Offers $24/Hour in Competitive Markets
February 28, 2022

Calling it “the next step” in an ongoing effort to raise the wages of hourly employees, Target announced Monday (Feb. 28) that it would boost starting pay in certain tight labor markets to as much as $24 per hour. Get the Full Story Complete the form...

Retail
Overstock CEO: More Photos, Videos, Metaverse-Like AR Needed to Cut Furniture Returns
February 28, 2022

At a time when rising freight and handling costs are complicating already lean inventory levels and compressed delivery times, retailers have never been more interested, or incentivized, to reduce product returns — especially when they’re big and bulky items like furniture. Get the Full Story...

Retail
Today in Retail: Carter’s Q4 Led By Holiday Sales; Klarna Teams With Brookfield Malls on...
February 25, 2022

Today in retail, holiday demand drives Carter’s fourth-quarter sales, while Klarna partners with Brookfield Malls on buy now, pay later (BNPL). Plus, Instacart diversifies beyond groceries to retain customers, and Etsy’s big holiday shopping season boosts quarterly numbers. Get the Full Story Complete the form...

Retail
Etsy Active Sellers Reach 7.5M, Active Buyers Hit 96.3M
February 25, 2022

Etsy’s numbers were up across the board for the fourth quarter of fiscal 2021, with sales through the crafts-focused marketplace up 16.5% year over year to $4.2 billion, active sellers up 72% to 7.5 million and active buyers up 17.6% to 96.3 million, the company announced...