Retail

Retail
Merchants Move Streaming Commerce Off Social Media
November 18, 2021

As consumers flocked to social networks amid the pandemic to keep up with friends, many brands and retailers saw an opportunity to launch shoppable livestreams, giving people an interactive experience and a sense of connection despite being trapped at home. Get the Full Story Complete...

Retail
Kohl’s-Sephora Partnership Bearing Financial Fruit
November 18, 2021

Less than one year into Kohl’s and Sephora teaming up on a shop-in-shop that has brought Sephora’s personal care and beauty products to a wider audience, Kohl’s leadership says the arrangement is one of the drivers in the company’s third-quarter revenue growth. Get the Full...

Retail
Home Depot, Lowe’s Earnings Show No Slowdown in Consumer Spending on the Home
November 18, 2021

Restaurants are filling up again and airports are seeing increased traffic, but consumers aren’t slowing down their home improvement projects as real estate sales continue to rise and working from home remains the norm for many workers. Get the Full Story Complete the form to...

Retail
Alibaba Group Active Consumers up 62M in Q3
November 18, 2021

On the heels of an estimated $139 billion in Singles Day sales for Alibaba and JD.com, Alibaba Group Holding Limited’s active consumers hit 1.24 billion, spurred by a quarterly increase of about 62 million. Get the Full Story Complete the form to unlock this article...

Retail
Today in Retail: Same-Day Fulfillment Boosts Target Earnings; Retailers Sell Shoppers’ Data for Online Ads
November 17, 2021

In today’s top retail news, Target is touting its ability to meet consumers wherever they shop during the holiday season, while Amazon, Walmart, Home Depot and others are using purchase data to sell more online ads. Also, visual search technology is helping to drive digital...

Retail
Retail Earnings Show Online Slowdown is In-Store’s Gain
November 17, 2021

If online sales growth is slowing, and overall retail spend is on the rise (even accounting for inflation), it stands to reason that on-site shopping — the brick-and-mortar kind —is the beneficiary. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Digital Drives Huge Gains in Target Grocery Sales
November 17, 2021

With the strength of its eCommerce business, Target is quickly becoming a major player in grocery. Discussing its third-quarter 2021 financial results on Wednesday (Nov. 17), the retailer announced comparable sales growth in the food and beverage category in the mid-teens percentage range, on top...

Retail
The 5 Dominant Holiday Shopping Trends Merchants Need to Know About
November 17, 2021

Ports are backed up, trucks (though not nearly enough of them) are driving day and night to retail distribution centers from those ports, and retailers are in a frenzied search for seasonal hires from the warehouse to the sales floor. Meanwhile, the pandemic malingers, making...

Retail
Retail’s Biggest Names Battle Against Consumer Inflation ‘Sticker Shock’
November 17, 2021

To keep consumers buying, tamp down the sticker shock. 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,...