Nike’s journey back to profitability, spearheaded by a reinvigorated leadership team, marks a pivotal moment in the company’s storied history. With a new CEO at the helm, Nike is focusing on three core areas — product, brand and marketplace — as it seeks to return...
Darden Restaurants’ sales climbed this quarter despite diners shying away from its fine-dining establishments. 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...
While CarMax reported solid third-quarter results Thursday (Dec. 19), including a 5.4% increase in retail used unit sales and a 6.3% rise in wholesale unit sales, company officials attributed this growth to strong execution across its business model, led by its omnichannel strategy. Get the...
GameStop, once a dominant force in the gaming retail industry, is facing some challenges as it adjusts to the rise of digital distribution and changing consumer behavior. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Will Macy’s Bold New Chapter strategy be enough to save the iconic company and return it to profitable growth? 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...
Elevating product offerings, customer engagement and operational efficiency to drive long-term growth in the competitive pet care market were common themes for pet health and wellness company Petco and online pet product retailer Chewy in their respective third-quarter financial results released Thursday (Dec. 5). Get the Full Story...
Despite Kroger’s third-quarter results taking a slight a dip, digital growth is still making a splash. 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...
In the evolving world of financial services, the growing imperative to modernize infrastructure has created a fertile ground for innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including a new mobile app and revamped loyalty program. Get the Full Story Complete the form to unlock this article and...