Retail

Retail
Target Says Weekend Outage Due To NCR Glitch
June 17, 2019

Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant it couldn’t process cards or other forms of payment. The complication caused long lines and wait times in the store, and the company placed the blame on an...

Retail
Target Back To Normal After Saturday System Outage
June 16, 2019

It wasn’t the best weekend for Target. The retail chain suffered through a register outage, but things apparently were getting back to normal as of Sunday evening (June 16). As well, there was no indication that the problem was due to hacking or a security...

Retail
How A New Entrant Navigates A Crowded Subscription Market
June 14, 2019

Urban Outfitters’ announcement that it was moving into the world of fashion for rent about a month ago was surprising — and also not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
RFID Steps Up As A Retail Innovation Tool
June 14, 2019

Radio-frequency identification (RFID) technology is carrying more weight in retail these days, helping merchants to innovate and win over consumers, and even serving to tie together web, mobile and in-store experiences as part of the focus on omnichannel commerce. Get the Full Story Complete the...

Retail
Retail Pulse: Rebag Opens Miami Store; Amazon Brings Second Amazon Go To NYC
June 14, 2019

Online brands are expanding their brick-and-mortar footprints: Online handbag marketplace Rebag, for instance, is opening a new store in Miami’s Design District with more stores said to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Retail Sales Grew 0.5 Pct In May
June 14, 2019

With results that implied a pickup in consumer spending, retail sales in the U.S. rose in May and sales for the month before were revised upward. The Commerce Department report that was fairly positive came after mild readings for inflation and a step-down for hiring,...

Retail
Chewy Sells 46.5M Shares In IPO
June 14, 2019

Through an expanded initial public offering (IPO), Chewy Inc. and its investors took in $1.02 billion. The eCommerce pet food and accessories supplier sold 46.5 million shares at a price of $22 a piece, Bloomberg reported. The company had increased its price range to $21...

Retail
Retailers See An eCommerce Boom
June 14, 2019

A number of retailers have recently seen a surge in eCommerce sales. Lululemon revealed this week that online sales this past quarter increased 35 percent, while Target’s online sales rose 42 percent and Walmart reported 37 percent growth. In addition, online sales at Dick’s Sporting...

Retail
Target Adds Same-Day Delivery In Escalating Showdown With Amazon, Walmart
June 13, 2019

Retail giant Target is making same-day delivery though Shipt available to all of its shoppers, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...