Retail

Retail
Adidas, DraftKings, Planet Fitness See Sports Rebound As Consumers Look To Play Again
May 07, 2021

After more than a year of lockdowns and COVID-related lifestyle restrictions, consumers’ pent-up demand and desire to play again could be seen in a trio of sports-related forecasts Friday (May 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Stamps.com’s Revenue Surges As Paid Customer Base Grows
May 07, 2021

eCommerce shipping provider Stamps.com reported as part of its financial results that total revenue surged 25 percent from $151.3 million in Q1 2020 to $189.1 million in Q1 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Spectrum Brands’ Net Sales Rise Amid Higher Reinvestments
May 07, 2021

Spectrum Brands, whose portfolio includes brands like Repel, George Foreman and Kwikset, reported that net sales climbed 22.6 percent for the second quarter of fiscal 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Retail’s (Margin) Conundrum Is Here As eCommerce Surges
May 06, 2021

In the surge of eCommerce lies a double-edged sword. 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,...

Retail
Today In Retail: Sally Beauty’s Net Sales Increase; Wayfair’s Revenue Surges
May 06, 2021

In today’s top retail news, Sally Beauty reported that its second-quarter consolidated same-store sales increased by 6.5 percent, while Wayfair reported that its total revenue surged by nearly 50 percent year over year. Plus, a new economic analysis indicates that consumers are eager to spend....

Retail
Grocery Roundup: Brick-And-Mortar Sales Growth Slows As Meal Kits Gain Ground
May 06, 2021

As newly vaccinated consumers return to restaurants for dine-in experiences, grocery sales remain elevated, but growth is slowing. In a news release on Monday (May 3), Publix announced that sales for the first quarter of 2021 totaled $11.7 billion, a 3.9 percent increase year over...

Retail
As Foot Traffic Returns, Retailers Must Prep For Digital-First Shoppers  
May 06, 2021

If earnings season has a common theme, beyond the verticals – it doesn’t matter if it’s been the payment networks, the ride-hailing firms or the retailers – it’s that the consumer has been resilient. And also, they’re venturing outside their homes more, which means they’ll...

Retail
Macy’s Partners With Klarna To Offer ‘Pay In 4’ In All Its Stores
May 06, 2021

Macy’s has partnered with buy now, pay later (BNPL) firm Klarna to exclusively offer its “Pay in 4” solution across all Macy’s brands and websites, Klarna announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Consumers Eager To Spend: Mastercard Data Shows 23 Pct Pop In April Retail Sales
May 06, 2021

Cooped-up U.S. consumers are eager to dress up, get out, eat in restaurants and reconnect with the world, new economic analysis shows. The April Mastercard SpendingPulse report showed that U.S. retail sales jumped 23.3 percent last month versus a year ago, marking the latest indication...