Retail

Retail
Whole Paycheck: Walmart And Amazon Have A Food Fight
February 05, 2021

New research from PYMNTS into seven key retail categories where Amazon and Walmart compete shows the online giant is closing in on its rival’s lead in auto parts, one of the last segments where Walmart still enjoys a lead — other than food, where it...

Retail
PriceSmart Reports 5.2 Pct Rise In January Net Merchandise Sales
February 05, 2021

PriceSmart, Inc. said on Friday (Feb. 5) that net merchandise sales climbed 5.2 percent to reach $267.1 million for the month of January 2021, up from $254 million in January 2020, according to an announcement. Get the Full Story Complete the form to unlock this...

Retail
Nordstrom’s Growth Plan Focuses On Digital Strategies, Off-Price Brand
February 04, 2021

Ahead of its Thursday (Feb. 4) meeting with analysts and investors, Nordstrom said it anticipates a 25 percent hike in sales this year as it focuses on smaller-format stores as part of its “Closer to You” growth agenda. Get the Full Story Complete the form...

Retail
Yum! Brands Drives Digital Sales In Q4 With In-House Technology
February 04, 2021

Yum! Brands, Inc., the parent company of KFC, Taco Bell, Pizza Hut and other multinational restaurant chains, reported on Thursday (Feb. 4) that it saw record-high digital sales in 2020, totaling $17 billion for the year. This marked a 45 percent year-over-year increase, according to...

Retail
From GOAT Insurance To First Fumble, Online Super Bowl Betting Is Going Nuts
February 04, 2021

Although COVID restrictions will see casinos and sportsbook rooms a lot less crowded this year, legal online betting on the Super Bowl is soaring. According to the American Gaming Association, the addition of 36 million adults in seven new legal sport betting states — for...

Retail
eBay Adds 11 Million Buyers in 2020; Looks To Keep Momentum Post-Pandemic
February 04, 2021

eBay ended 2020 with a flourish, with Q4 and full-year results that came in ahead of expectations. The eCommerce stalwart saw its annual active buyers count up  7 percent to 185 million globally, and added two million buyers in the fourth quarter over Q3. That...

Retail
AutoNation Revamps Digital Car Shopping Experience
February 04, 2021

Automotive retailer AutoNation, Inc. revealed an improved experience for its integrated retailing product, AutoNation Express, which provides customers with an omnichannel auto shopping and buying experience, according to a Thursday (Feb. 4) announcement. Get the Full Story Complete the form to unlock this article and...

Retail
Waitwhile Lands $12 Million To Help Retailers Manage Wait Lines
February 04, 2021

Waitwhile has landed a $12 million investment from venture capital firm CRV as part of its Series A financing round. The queue management firm says it will apply the infusion toward growing into new markets, expanding the firm’s technical workforce and continuing to widen its...

Retail
Shiseido Sells Personal Care Business To CVC For $1.5 Billion
February 04, 2021

Shiseido is selling the personal care portion of its business for $1.5 billion to CVC Asia Pacific Limited, a company blog says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...