High-end fashion retailer Nordstrom said on Tuesday (May 25) that its digital transformation efforts saw its eCommerce sales rise 23 percent last quarter, amounting to 46 percent of total revenue. But despite those gains, the Seattle-based operator of 350 stores noted that its total revenues...
Real-time digital payment software and solutions provider ACI Worldwide has teamed with J.P. Morgan to let merchants in select nations in Europe provide in-store payment acceptance, according to a Tuesday (May 25) announcement. Get the Full Story Complete the form to unlock this article and...
Chinese malls enjoyed a resurgence during the COVID pandemic, with shoppers kept in the country by travel restrictions forced to spend their money at home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A surge in sales to commercial customers combined with falling COVID-related costs drove the nation’s largest auto parts retailer’s results higher, as AutoZone on Tuesday (May 25) reported a 29 percent increase in its domestic same-store sales. Get the Full Story Complete the form to...
After making tennis rackets, golf clubs, baseball gloves and even the official NFL football since World War II, Chicago-based Wilson Sporting Goods is launching a new line of premium sportswear that it said marks its evolution as a household athletic lifestyle brand. Get the Full...
Eyewear retailer EyeBuyDirect has grown its digital presence and product availability will the rollout of a new store on Amazon, according to a Tuesday (May 25) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Citi Trends, a clothing, accessories and home trends retailer that runs nearly 600 stores in 33 states, reported that its first-quarter total sales surged by approximately 146 percent, according to a Tuesday (May 25) announcement. Get the Full Story Complete the form to unlock this...
Citing the growth in demand for online furniture shopping and the rise of data-centric eCommerce, one of the world’s largest investment firms said on Monday (May 24) that it has taken a minority stake in Utah-based eCommerce platform Walker Edison. Get the Full Story Complete...
If there was a blueprint from last week’s series of Q1 retail earnings announcements, it went something like this: In-store comps shot up over 2020, stimulus payments drove a lot of business, digital sales continued to benefit from technology investments — and we’re not really...
