Retail

Retail
Ross Opens 2,000th Location as Customers Seek Relief From Inflation
October 31, 2022

Discount apparel retailer Ross Stores has opened 40 new stores in recent months, part of a plan to grow to 3,000 brick-and-mortar locations as inflation-weary consumers seek deals on apparel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Amazon Versus Walmart Study Shows Who’s Winning Consumer Retail Spend
October 28, 2022

Retail behemoths Amazon and Walmart have become the two fiercest competitors for consumers’ retail spending. While the proliferation of mobile devices, apps and payment technologies makes online shopping ever more efficient, physical shopping seems increasingly friction-filled. As consumers seek more convenience, shopping has become a...

Retail
Mars Taps Item-Level Receipt Data with Loyalty Partnership
October 28, 2022

In an effort to better understand how consumers are buying its products, candymaker Mars has announced a new partnership with consumer rewards app Fetch to offer points for purchasing the company’s products when shoppers send in a picture of their receipts. Get the Full Story Complete the...

Retail
Amazon’s Profit Pain Will Be Felt by Rivals and Customers
October 28, 2022

When the world’s largest eCommerce company sneezes, to bend the analogy, the retail industry catches a cold.  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...

Retail
Deckers Reports Supply Chain Improvements Helping Prep for Peak Season
October 28, 2022

Supply chain constraints are easing, but footwear company Deckers Brands has been shipping products to key markets ahead of the holidays to ensure it has them on hand for the peak selling season, company executives said Thursday (Oct. 27) during the company’s quarterly earnings call....

Retail
Shein Closing in on Europe’s Fast-Fashion Giants Zara and H&M
October 28, 2022

Fast-fashion retailer Shein is reportedly generating revenue at a rate that is putting it close to that of its rivals, H&M and Zara. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Rent the Runway’s First IPO Anniversary Marks Unexpected Pain and Reckoning
October 27, 2022

One year after its heady $1.7 billion initial public offering (IPO), fashion rental and resale company Rent the Runway is facing a far more humbling reality after its stock has plunged 90% since its debut. Get the Full Story Complete the form to unlock this...

Retail
North Face Parent VF Corp Sees Elevated Inventories and Cautious Spending
October 27, 2022

With an arsenal of a dozen brands and D2C websites, a vast wholesale business and 1,300 of its own physical stores, VF Corporation has a unique purview of the global apparel industry. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
AutoNation Reports New Vehicle Sales at ‘Recessionary Levels’
October 27, 2022

Retail sales of both new and used vehicles remain below historical levels due to inventory constraints, executives of automotive retailer AutoNation reported Thursday (Oct. 27) during the company’s quarterly earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited...