Retail

Retail
AMZN vs WMT Weekly: Amazon Finally Matches Walmart for Consumer Retail Sales
November 24, 2021

Though both Amazon and Walmart began their holiday promotions weeks ago, the two largest retailers in the U.S. are still counting on the days between Black Friday and Christmas to bolster fourth quarter, with Amazon likely hoping the holiday season can help it take the...

Retail
Today in Retail: Gap Leans on Portfolio of Brands; Afterpay Set to Launch Subscription Service
November 24, 2021

In today’s top retail news, Gap says supply chain issues will likely persist into early next year, while Afterpay is preparing to launch a subscription service for recurring purchases in early 2022. Also, Best Buy is adding to its selection of outdoor furniture with the...

Retail
Does the ‘Ord’ in Nordstrom Now Stand for Ordinary?
November 24, 2021

It’s a bad day to be Nordstrom.  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, PYMNTS Today. By completing this form, you agree...

Gift Cards
CPG Brands Turn to Personalized, Digital Gift Cards to Boost Holiday Sales
November 24, 2021

With the trend across the restaurant and grocery industries moving toward digital personalization, eCommerce gift cards may be more important than ever this holiday season, especially for brands for which consumer choice is central to their value prop. On Tuesday (Nov. 23), Kroger-owned meal kit...

Retail
Gap’s $300M Inventory Stockout Loss Big Red Flag for Retail
November 24, 2021

Mind the gap, as they say. 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, PYMNTS Today. By completing this form, you agree to...

Retail
Gap Leans on Multi-Brand Approach to Weather Supply Chain Issues
November 24, 2021

Supply chain constraints battered Gap Inc. in the third quarter, leading the apparel company to revise its projections for the fourth quarter as executives expect bottlenecks to persist into 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Nordstrom Still Looking to Recapture Pre-Pandemic Glory
November 24, 2021

Nordstrom, Inc. executives know they have to make changes to bring customers back and return to the profitability of 2019, before the COVID-19 pandemic transformed the way people shop. During its third-quarter earnings call on Tuesday (Nov. 23), the retailer said it’s still trying to...

Retail
Best Buy Adds More Outdoor Furniture Options With Yardbird Acquisition
November 24, 2021

Best Buy on Tuesday (Nov. 23) announced its latest addition to its growing outdoor living suite of offerings with the acquisition of premium outdoor furniture company Yardbird. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
‘Smash and Grab’ Theft Trend Scares Shoppers and Workers, Threatens Mall Traffic
November 24, 2021

It’s always the unexpected things, it seems, that cause the worst problems. 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, PYMNTS Today. By...