Retail

Retail
Allbirds Gets Lift From New Physical Stores as Headwinds Persist
November 09, 2022

Direct-to-consumer (D2C) clothing and footwear retailer Allbirds saw a lift in its most recent quarter as the addition of a record number of physical stores helped drive sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
RealReal Overhauls Consignment Structure in Quest for Profitability
November 09, 2022

In its ongoing quest for profitability, luxury resale platform The RealReal said Tuesday (Nov. 8) that it has overhauled its commission structure and will charge more for low-priced transactions that have typically resulted in losses. Get the Full Story Complete the form to unlock this...

Retail
Inflation Stokes Recession Fears While Slamming Retail Earnings
November 09, 2022

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Retail
Amazon Gives Alexa a New Voice to Grow User Base
November 09, 2022

In a bid to capture the voice commerce users of tomorrow, Amazon has rolled out a suite of new features in its Alexa ecosystem, including devices that look and talk like owls and dragons. Get the Full Story Complete the form to unlock this article...

Retail
Wolverine Reports Supply Chain Problems Slowing Footwear Sales
November 09, 2022

With continuing supply chain challenges affecting both the brand and its wholesale customers, footwear manufacturer Wolverine Worldwide reported Wednesday (Nov. 9) that both revenue and profit came in below expectations for the quarter ended Oct. 1. Get the Full Story Complete the form to unlock...

Retail
Carrefour Banks on Retail Media, BNPL to Fuel 2023 Omnichannel Customer Engagement
November 08, 2022

As part of its business strategy for the 2023-26 period, French retail giant Carrefour has unveiled plans to launch a global retail media platform, a joint venture with French multinational advertising and public relations company Publicis. Get the Full Story Complete the form to unlock...

Retail
Subscription Merchants Battle Churn With Value and New Features
November 08, 2022

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Retail
Kohl’s CEO Headed to Levi’s After Bumpy Ride at Ailing Dept Store
November 08, 2022

After four and a half tumultuous years atop Kohl’s, in which the Wisconsin-based department store chain saw its valuation cut in half, CEO Michelle Gass is headed to San Francisco, where she will serve as president of Levi Strauss before taking over for current CEO...

Retail
Party City Says Halloween Sales at ‘Lower End of Expectations’
November 08, 2022

Consumers purchased Halloween decorations at a lukewarm rate in October and retailer Party City expects that to continue for the rest of the year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...