Retail

Newell Brands to Transition to New CEO Amid Restructuring
Retail
Newell Brands to Transition to New CEO Amid Restructuring
February 10, 2023

Newell Brands will transition to a new CEO soon after announcing a restructuring and layoffs. 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,...

Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
Retail
Adidas Could Lose $1.3B in 2023 From Unsold Yeezy Inventory
February 10, 2023

Adidas’ breakup with Ye could lead to a revenue loss of 1.2 billion euros (about $1.3 billion) in 2023. 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...

Target Joins Grocers Wooing Gen Z With Wellness Offerings
Retail
Target Joins Grocers Wooing Gen Z With Wellness Offerings
February 09, 2023

This week in grocery, Target focuses on wellness, Reynolds sees trade-down and Flashfood expands. 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...

Supermarkets Lose Personal Care Customers to eCommerce Competition
Retail
Supermarkets Lose Personal Care Customers to eCommerce Competition
February 09, 2023

As consumers seek convenience, supermarkets lose personal care product sales to eCommerce, PYMNTS research shows. 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,...

Ralph Lauren Promotes ‘Timeless’ Brands to Next-Gen Consumers 
Retail
Ralph Lauren Promotes ‘Timeless’ Brands to Next-Gen Consumers 
February 09, 2023

Ralph Lauren is offering the Fortnite llama alongside its iconic polo pony. 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...

Tapestry Weaves Physical Stores and Brand Innovation Into Record Omnichannel Results
Retail
Tapestry Weaves Physical Stores and Brand Innovation Into Record Omnichannel Results
February 09, 2023

Luxury showed resilience across the brands of fashion house Tapestry, owner of Coach, Kate Spade and Stuart Weitzman, as a mix of data, artificial intelligence (AI) and omnichannel sales drove strength in a challenging quarter. Get the Full Story Complete the form to unlock this...

O’Reilly Automotive Sees Sales Accelerate as Car Buying Slows
Retail
O’Reilly Automotive Sees Sales Accelerate as Car Buying Slows
February 09, 2023

O’Reilly Automotive continues to enjoy increased sales — and hopes to expand — amid a car-buying downturn. 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...

The Consumer Convenience Mandate: Why Kiosks Should Not Be Grocers’ Only Innovations
Retail
The Consumer Convenience Mandate: Why Kiosks Should Not Be Grocers’ Only Innovations
February 08, 2023

If consumers’ feelings are any indication, the immediate cost-cutting benefits grocers can receive from reduced personnel may be better spent on loyalty-focused innovations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Under Armour Extends 4-Month 90% Rally as New Management Drives Change
Retail
Under Armour Extends 4-Month 90% Rally as New Management Drives Change
February 08, 2023

Under Armour’s stock has risen 90% in the months since announcing a leadership change. 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...