Retail

Retail
Today In Retail: Warby Parker Files For IPO; Nordstrom Sales Still Below 2019 Levels
August 25, 2021

In today’s top retail news, Warby Parker is setting the stage for its public debut, while Nordstrom executives say they’re ready for uncertainty in the second half of the year. Also, fashion apparel retailer Express says it’s on track to reach $1 billion in eCommerce...

Retail
Express On Track To Reach $1B In eCommerce By 2024
August 25, 2021

Fashion apparel retailer Express, Inc. is on track to reach its eCommerce goal of $1 billion by 2024 after 28 percent growth in the second quarter compared to one year ago, and a 20 percent boost compared to the same period in fiscal 2019, company...

Retail
‘Boring’ Home Fragrance Market In Need Of Innovation
August 25, 2021

For months, home fragrance products were near impossible for retailers to keep in stock as consumers sought ways to keep their homes fresh amid COVID-19 lockdowns. Home fragrance sales, which include candles, diffusers and other scented items, jumped 13 percent in 2020 even as other...

Retail
Circle K Parent Expands As Threats To C-Stores Grow
August 25, 2021

Global convenience store giant Couche-Tard is growing its physical footprint in the U.S., even as short- and long-term factors cast a shadow on its future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Warby Parker’s IPO Filing: Red Ink, And A Vision For D2C Eye Care
August 25, 2021

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Retail
Dick’s Sporting Goods To Continue Opening New Stores
August 25, 2021

The transformation of Dick’s Sporting Goods into an experiential, omnichannel retailer is well underway, executives say, as consumer demand for athletic gear and apparel remains high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Nordstrom Prepared For ‘Range Of Scenarios’ Amid Continued Uncertainty
August 24, 2021

Executives at high-end fashion retailer Nordstrom said they’re optimistic about the second half of 2021 as consumers continue to shop for new clothing to wear to events and social occasions, though sales remain below levels seen in 2019. Get the Full Story Complete the form...

Retail
Today In Food Tech: Restaurants Seek Relief; Grocers Tap In-Store Data
August 24, 2021

Today in restaurant and grocery tech news, McDonald’s U.K. names a new CMO and runs out of milkshakes. Plus, Raz Golan, CEO of smart cart technology company Shopic, talks about updating the in-store experience. Get the Full Story Complete the form to unlock this article...

Retail
Heavy Traffic Is Good News For Auto Parts Retailers
August 24, 2021

It’s hard to find a sector handling pandemic-era curves better than auto parts. In recent weeks and months, the nation’s top auto parts retailers continue to report robust sales gains as used cars undergo a sales boom of their own — and all will need...