Retail

Retail
Wayfair Aims to Cut Costs by $500M After Drops in Customers and Orders
November 03, 2022

After a quarter in which its revenue, active customers and orders dropped, home goods platform Wayfair is working to reduce costs by a half-billion dollars while also aiming to grow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Under Armour Aims to Add Products Athletes Wear Through the Day
November 03, 2022

Athletic performance apparel, footwear and accessories brand Under Armour is expanding its efforts to offer not only the products athletes wear while playing sports, but also the ones they need at other times of the day. Get the Full Story Complete the form to unlock...

Retail
Crocs Sees ‘Hey Dude’ Brand Hitting $1B in ’23
November 03, 2022

Casual footwear company Crocs said revenues of its Hey Dude brand should surpass $1 billion next year as it begins selling the men’s shoe line overseas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Etsy Upgrades Search to Free Buyers From ‘Tyranny of Choice’
November 03, 2022

Etsy has been investing in upgrades to its search functions to relieve its customers of what CEO Josh Silverman calls “our tyranny of choice.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Grocery Store Food Halls Tread on Restaurant Turf to Customers’ Delight
November 02, 2022

Kroger, the United States’ leading pure-play grocer, is expanding its in-store virtual restaurants as grocery retailers expand their prepared meal options to remain competitive with shoppers who increasingly expect to get all their food needs met at once. Get the Full Story Complete the form...

Retail
Estee Lauder Feels Bite From Reduced Retail Inventory
November 02, 2022

Cosmetics giant Estee Lauder said Wednesday (Nov. 2) a reduction in the level of makeup, skin and hair care products that retailers are willing to hold on their shelves and in warehouses led to an 11% drop in worldwide sales last quarter as well as...

Retail
Amazon Leans on Perks as Walmart Pushes Value in Bid to Boost Membership
November 02, 2022

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Retail
Bath & Body Works Names Unilever Vet Gina Boswell CEO
November 02, 2022

Bath & Body Works has found its new CEO in Gina Boswell, a 30-year veteran of the beauty and personal care industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
CVS Revamps Online Rx Ordering Tools to Add New Digital Subscribers
November 02, 2022

While reporting the company’s earnings Wednesday (Nov. 2), CVS CEO Karen Lynch noted that this year has also been important for expanding its digital presence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...