Retail

Retail
Batteries Plus To Add 50 New Stores In 2021 Amid Demand For Franchises
February 18, 2021

For over 30 years, Batteries Plus has been growing and adapting to meet customer needs. Management says its resilience during downturns such as the COVID crisis has stoked demand from franchisees, and the retailer has now announced plans to open 50 new stores this year....

Retail
Tractor Supply Is Riding The Rural Lifestyle And Pet Ownership Trends To New Highs
February 18, 2021

Just two weeks after Tractor Supply Company reported record full-year sales and earnings plus announced a 30 percent increase in its dividend, the rural lifestyle retailer is making waves again by announcing the largest acquisition in the company’s 83-year history. Get the Full Story Complete...

Retail
Walmart Posts Mixed Q4 Results, Promises ‘Aggressive Acceleration’ Of Omnichannel
February 18, 2021

Calling it a strong year filled with unprecedented challenges, Walmart said on Thursday (Feb. 18) that it was going to increase and accelerate its investment in key digital areas to help it grow faster by increasing automation and supply chain capacity. Get the Full Story...

Retail
Tanger Factory Outlet Centers Collects 95 Pct Of Q4 Rents
February 18, 2021

Tanger Factory Outlet Centers, Inc. reported as part of its financial results for the three months and the year ended Dec. 31, 2020 that it collected 95 percent of Q4 rents, according to an announcement. Get the Full Story Complete the form to unlock this article...

Retail
Rent-A-Center Completes Purchase Of Acima Holdings
February 18, 2021

Rent-A-Center, Inc. has closed on its purchase of Acima Holdings, which had been announced in the past, according to a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
January Retail Data: Sustainable Rebound Or Artificial Stimulant?
February 17, 2021

The latest volley of retail spending data shows that the worst is behind us regarding the pandemic’s drag on consumers. Maybe. Or it could be that the stimulus payment stimulus may soon fade. To that end, retail sales were up 5.3 percent in January, over...

Retail
QSRs Serve Up Technology To Reach Most Loyal Customers
February 17, 2021

As most restaurant owners know, not all orders are created equal. A $30 order could be just that — a small, one-time profit — or it could be a jumping-off point for years of loyalty to come. In this month’s edition of PYMNTS’ Delivering on...

Retail
Today In Retail: Shopify Beats Estimates With Q4 Results; Retail Sales Jump On Stimulus
February 17, 2021

In today’s top retail news, eCommerce company Shopify came out ahead of expectations with its fourth-quarter results, while retail sales climbed in January by 5.3 percent following three consecutive months of falling sales in the 2020 holiday shopping season. Plus, Camping World Holdings, Inc. has...

Retail
Retail Sales Surge On Stimulus
February 17, 2021

Retail sales rose in January by 5.3 percent on the wings of long-delayed action on the part of Congress, which OK’d a $900 billion COVID-19 stimulus package. As part of that, COVID stimulus checks went out to millions of Americans. Get the Full Story Complete...