Ralph Lauren Corporation said that worldwide digital revenue accelerated throughout owned and wholesale digital channels and throughout every geography in the fourth quarter, according to a Thursday (May 20) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A funny thing has happened on the way to the demise of the department store. Apparently Macy’s and Kohl’s didn’t get that memo. After Macy’s reported a surprising swing to a profit earlier in the week, Kohl’s checked in on Thursday (May 20) with a...
Petco Health and Wellness Company, Inc., which runs more than 1,500 Petco locations throughout the U.S., Mexico and Puerto Rico, said its net revenue surged by 27 percent to reach $1.4 billion in fiscal Q1 2021. Get the Full Story Complete the form to unlock...
In today’s top retail news, TJX Companies reported a surge in net sales, while Lowe’s Companies reported soaring comparable sales for its U.S. home improvement business. Plus, Target reported first quarter earnings that exceeded expectations. Get the Full Story Complete the form to unlock this...
Target reported low- to-mid-single-digit sales growth in the first quarter of 2021, according to a company blog post Wednesday (May 19). While this figure may not sound especially impressive, the comparison included sales for March and April, which in 2020 saw grocery sales surge amid...
Walmart and Western Union have rolled out the money transfer company’s services at the retail giant’s nearly 4,700 stores across the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The online food delivery market is growing rapidly. Before the pandemic, it was projected to hit $365 billion globally in 2030. Since then, the trend has only accelerated, with COVID-19 supercharging digital orders. As the space expands and diversifies, there is more room for specialized...
After preparing for the digital-first economy for years, Target is arguably becoming the retailer that has gained the most from its arrival. Riding the strength of stimulus checks, private-label apparel and the digital strategy honed during the pandemic, the company reported Q1 earnings on Wednesday...
The TJX Companies posted $10.1 billion in net sales for the first quarter of fiscal 2022, marking a 129 percent jump from the first quarter of fiscal 2021, according to a Wednesday (May 19) announcement. Get the Full Story Complete the form to unlock this...
