Retail

Retail
Valentine’s Day Will See Fewer Retailers Coping With More Demand
February 09, 2021

In a good year, Valentine’s Day is a madhouse for the country’s 13,000-plus florists. In a bad year, it can be downright frustrating. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Mall Owner Simon Property Group Stays Focused On The Suburban Future
February 09, 2021

There’s no shortage of brick-and-mortar-based retail executives who were happy to bid 2020 goodbye and turn the page on a new year. Arguably, no one is happier than Simon Property Group CEO David Simon. As one of the more colorful leaders in the retail business,...

Retail
Sephora Elevates BIPOC-Owned Beauty Brands With Incubator Program
February 09, 2021

Sephora has relaunched its incubator program with a new focus on elevating BIPOC-owned beauty brands, according to a Tuesday (Feb. 9) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Getting Consumers Back Into The Grocery Store
February 09, 2021

Digital grocery shopping has become the norm for many consumers during the pandemic, but the question remains: What will the grocery industry look like in, say, two years, once contagion concerns are no longer top of mind for most shoppers? Will consumers return to purchasing...

Retail
Super Bowl Tests Independent Restaurants’ Ability To Adapt
February 08, 2021

This year, the Super Bowl, typically a big draw for local restaurants and sports bars, was a mixed bag. While large quick-service restaurant (QSR) chains may have performed well over the weekend, consumers’ Super Bowl spending was allocated very differently this year than in pre-pandemic...

Retail
Hasbro’s eCommerce Sales Top $1 Billion Amid Digital Shift For Toy Business
February 08, 2021

Hasbro, the world’s largest toymaker, said on Monday (Feb. 8) that its gaming and entertainment units drove sales last quarter, as homebound shoppers in the U.S. and Canada bought more games to keep kids occupied during the COVID-related shutdowns and restrictions. Get the Full Story...

Retail
Ghost Kitchens Ramp Up To Meet Takeout, Delivery Demand
February 08, 2021

As many people around the world wait to receive the vaccine, most consumers continue to favor off-premises dining. In fact, in the U.S. alone, consumers spent about $486 billion on food eaten at home in 2020, according to estimates in PYMNTS’ Delivering on Restaurant Rewards...

Retail
Amid Work From Home Shift, Target’s Activewear Brand Hits $1 Billion In Sales
February 08, 2021

Target’s “All in Motion” line of workout clothes and exercise equipment, launched just last year, has struck pay dirt during the pandemic. All in Motion — which includes everything from sports bras to hand weights to yoga mats — has become “a billion-dollar brand.” Get...

Retail
Stimulus And eCommerce Surge Lift Dept. Store Sales In January
February 08, 2021

Sales at U.S. department stores did something last month they haven’t done in a while: They grew. In fact, the 1.5 percent year-on-year increase posted collectively by the nation’s large retail chain stores was the first time since 2019 that this battered and diminished segment...