Retail

Retail
Emotional Attachment to Brands Outweighs Price Concerns, Says PepsiCo CEO 
October 05, 2021

As businesses continue to struggle against supply chain and labor shortages, the growth of PepsiCo’s food and beverage categories has outpaced the market as a whole, even as the brand has raised prices to accommodate these challenges.   Get the Full Story Complete the form to...

Retail
Best Buy’s New Membership Offers Unlimited Tech Support, New Product Access
October 05, 2021

Best Buy is launching a new nationwide membership program, Totaltech, that offers unlimited technology support, along with access to products that could be hard to come by as the holiday shopping season kicks into full gear. Get the Full Story Complete the form to unlock...

Retail
Target Offers Bonuses to Work During Busiest Holiday Shopping Days
October 05, 2021

Target said in a blog post on Tuesday (Oct. 5) that it will pay hourly employees in its stores, service centers and supply chain positions — along with some workers in the headquarters and seasonal employees — a $2 hourly bonus for each hour they...

Retail
Take Two: Formerly Troubled Retailers Seek Fresh Start With IPOs
October 05, 2021

In filing for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), jewelry and accessory retailer Claire’s joins an exclusive club of companies that are looking to capitalize on the recent retail resurgence despite emerging from bankruptcy less than three years...

Retail
Mass Store Closures, Once a Sign of Trouble, Now Signal Retail’s Digital Shift
October 05, 2021

When a retailer closes over 200 stores within a nine-month period, it can often mean that things are not going well — sales may be falling or traffic may be dropping, and executives could be looking to cut costs. Get the Full Story Complete the...

Retail
Rent the Runway Sees Subscribers Rebound From Pandemic’s Depths 
October 05, 2021

The subscription economy is en vogue. 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
Today in Retail: Amazon Adds New Gifting Tool; Chip Shortage Drags Down Auto Sales
October 04, 2021

In today’s top retail news, Amazon is making it easier for shoppers to give gifts without knowing the recipient’s address, and the months-long semiconductor chip shortage continues to hurt motor vehicle sales. Also, gasoline delivery could be the next service to join the on-demand economy,...

Retail
Dollar Tree Increases Price Point Due to Prolonged Supply Chain Issues
October 04, 2021

When Dollar Tree last week said it would begin rolling out price points above $1 on more items, executives said it was meant to help the retailer introduce new products and meet more customer needs — which, in today’s reality, means the buck isn’t strong...

Retail
Nordstrom Adds Cuvée Beauty Haircare Products
October 04, 2021

Luxury haircare brand Cuvée Beauty on Monday (Oct. 4) said it has signed a retail distribution deal that will bring its “low-maintenance” products into all Nordstrom stores across the U.S. and to the high-end fashion retailer’s website. Get the Full Story Complete the form to...