Retail

Retail
What 1st Dibs Sees In NFTs and Why Digital Art Curators Are The Next Big...
September 03, 2021

Art and design eCommerce marketplace 1st Dibs is hitching a ride on the wave of digital transformation in the world of art, launching a new, highly-curated NFT marketplace. The company says that by hopping on this hot new trend, it can attract an entirely new...

Retail
Today in Retail: Chewy to Launch New Platform for Vets; Five Below Adds Over 30...
September 02, 2021

In today’s top retail news, Chewy is preparing to roll out a marketplace for veterinarians in an expansion of its health offerings, while Five Below continues to grow its retail footprint with nearly half of all consumers living paycheck to paycheck. Also, Amazon and Walmart...

Retail
Today in Restaurant and Grocery Tech: Burger King Rolls Out Loyalty; VCs Back Cashierless Checkout
September 02, 2021

Today in restaurant and grocery tech news, Burger King launches its loyalty rewards nationwide, and Russian eGrocery veterans start a 15-minute grocery delivery service in New York City. Plus, Bhavuk Kaul, CEO of AP automation solution Plate IQ, makes the case that digitizing payments is...

Retail
Grocery Roundup: E-Grocery Innovations Meet Demand for Frictionless Convenience
September 02, 2021

New York is getting spoiled for ultra-fast grocery delivery options. A new 15-minute delivery service arrived in Manhattan last week, following the New York launches earlier this year of another 15-minute delivery option, Fridge No More, and of the 10-minute option Gorillas. Get the Full...

Retail
Walgreens Promotes Financial Health With Scarlet Card
September 02, 2021

Walgreens has joined forces with the payments technology company InComm Payments to launch Scarlet, a bank account and debit card available exclusively at its drugstores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Amazon, Walmart See Sliding Shares of Apparel as Style Returns to the Forefront
September 02, 2021

Both Amazon and Walmart have seen their shares of the clothing and apparel category slowly slip for two quarters in a row, as consumers have begun returning to more stylish and trendy retailers that they favored prior to the pandemic in order to refresh their...

Retail
American Eagle Sees Record-Breaking Q2 Despite Drop in Digital
September 02, 2021

American Eagle Outfitters saw its revenue jump 35% to a company-record $1.19 billion in the second quarter of fiscal 2021, up $311 million from Q2 of 2020, riding higher full-priced sales, reduced promotions and controlled costs to a three-month peak for the company. Get the...

Retail
Five Below Continues Store Count Growth as Sales Rise
September 02, 2021

Five Below added 34 new stores across 19 states in the second quarter amid growth in sales, as millennials and bridge millennials struggle to pay bills despite healthy paychecks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Kirkland’s Thinking Long-Term as Sales Stumble
September 02, 2021

Kirkland’s, Inc., struggled in the second quarter of fiscal 2021, watching net sales and comparable sales dip, but the company remains confident it has the infrastructure in place to achieve its long-term financial goals. Get the Full Story Complete the form to unlock this article...