In what could be characterized as the latest entry in the “COVID-19 Changed Everything” file, Walgreens Boots Alliance said Thursday (Oct. 13) that it is simplifying its operations under three business segments as part of its transformation to become a “consumer-centric healthcare” company. Get the...
Home furnishings company Ikea said retail sales have picked up over the past year as the world has reopened, but inflation has led to higher prices and supply chain issues have made it difficult to put products on the shelves. Get the Full Story Complete...
Japan-based apparel manufacturer and retailer Fast Retailing, owner of the Uniqlo brand, achieved record performance during the year ended Aug. 31, generating record revenue and operating profit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Buy now, pay later (BNPL) giant Affirm expects consumers to start their holiday shopping early this year, look for discounts and dial back their spending on gifts for co-workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Victoria’s Secret will meet with investors and analysts Thursday (Oct. 13) as the lingerie and beauty product company looks to ignite growth after a rocky summer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell 0.2% in August for a 1.3% year-on-year decline. A more significant decrease was observed in the eurozone, where the figures...
With 80% of Gen Z consumers now eager to complete complicated banking tasks such as loan applications online, the race to win these digital-only customers is just beginning. In the "Digital-First Banking Tracker®", Novo’s Grant Sahag tells PYMNTS how important personalization and automation are in...
Investors backed venture funds with more money so far this year than all of 2021, with a flurry of activity in recent months that offset a cooling period at the start of 2022 with the decline of tech stocks. Get the Full Story Complete the...
The term “omnichannel” has its fans and detractors, but by any name, hybrid online-physical shopping and payments experiences are the next normal so many wondered about in the depths of the pandemic, bringing the best of both worlds to connected economy consumers. Get the Full...