In a bid to raise it omnichannel retailing game, Foot Locker has named former Ulta Beauty CEO Mary N. Dillon as its new chief executive. Dillon has more than 35 years of experience leading consumer-driven businesses, Foot Locker said in a Friday (Aug. 19) news release, pointing...
Cosmetics maker Estée Lauder says it is focused on both brick-and-mortar and online sales opportunities as it deals with the fallout from pandemic lockdowns in China and the ongoing conflict between Russia and Ukraine. Get the Full Story Complete the form to unlock this article...
With a middle-income customer base and broad exposure to apparel, Kohl’s says it has been “disproportionately impacted” by inflation and dampened consumer spending and will need to be more aggressive in its promotions to clear out bulging shelves and warehouses. Get the Full Story Complete...
GameStop chairman Ryan Cohen plans to sell his 10% stake in retailer Bed Bath & Beyond, the activist investor said this week in an SEC filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bath & Body Works will cut 130 jobs — mostly leadership roles — in what the personal care and fragrance brand called an effort to promote long-term growth and efficiency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Walmart may be looking at increasing its use of social media influencers to promote its own products and those of its third-party sellers, having filed trademarks for “Walmart Creator” and “Walmart Creator Collective.” Get the Full Story Complete the form to unlock this article and...
This year’s high inflation hasn’t stopped Americans from wanting to splurge on luxury goods from brands like Coach and Kate Spade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
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In the eCommerce war between Amazon and Walmart, global in scope, India looms as a key battleground — especially for the last mile which ultimately will decide the victor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
