It may be a bad time for consumers and their wallets, but it’s proving to be a good time for the discounters and off-price retailers that cater to the growing demand for deals. Get the Full Story Complete the form to unlock this article and...
In a week that began with Walmart being cheered for delivering strong results and ended with Amazon embarking on its sharpest round of job cuts ever, the performance gap between the two retail giants has not only reversed from its long-term trend but by some measures...
B2B customers’ demand for corporate gifting and custom merchandise services contributed to record earnings results for home retailer Williams-Sonoma, the company said Thursday (Nov. 17) during its quarterly earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Consumers’ desires for affordable luxury and a fun shopping experience are driving sales of sneakers even in the face of inflation and uncertainty, specialty athletic retailer Foot Locker said Friday (Nov. 18) during its quarterly earnings call. Get the Full Story Complete the form to...
Apparel retail company Gap Inc. made a huge turnaround this quarter in sales and profits even as global commerce faces continued challenges amid high inflation rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Recalling then-candidate Joe Biden’s 2019 advice that out-of-work coal miners should learn to code, now-unemployed coders may want to check job listings for “Luxury Procurement Specialist” or “Handbag Authenticator” as the resale sector widens its crackdown on knockoffs. Get the Full Story Complete the form...
Point-of-sale (POS) platform operator National Retail Solutions (NRS) and Uber Technologies have partnered to facilitate delivery from participating NRS local retailers and bodegas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In this week’s grocery roundup, superstores set their sights on big spenders, Grab grows its grocery presence, and supermarket spending is rising. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Nearly one year after cancelling its plans to go public, Florida-based supermarket chain owner Southeastern Grocers is reportedly considering an outright sale of the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
