Retail

Retail
Amazon to Raise Prime Subscription Price in Europe to Offset Inflation
July 26, 2022

In a bid to offset the increased cost of goods and shipping services, Amazon said it plans to raise the annual fee for a Prime membership by 20% to 43% in five European countries. Get the Full Story Complete the form to unlock this article...

Retail
Walmart Teams With Waldo on Affordable Contact Lens Offering
July 26, 2022

Walmart is launching the latest salvo in its battle with Amazon for healthcare supremacy by partnering with eyecare brand Waldo to offer affordable contact lenses enriched with essential vitamins, including B12, “to help refresh and rejuvenate eyes,” according to a Tuesday (July 26) press release....

Retail
Aaron’s Gets Boost From BrandsMart Acquisition
July 26, 2022

Furniture, appliance and electronics retailer Aaron’s says its recent acquisition of BrandsMart U.S.A. will boosted the company’s short- and long-term fortunes, pointing to both quarterly and full year boost in sales and earnings, according to a company press release. Get the Full Story Complete the form...

Retail
Target Aims for Faster Shipping With New Sortation Centers
July 25, 2022

Target is adding three new sortation centers to the six it already has nationwide with the overall goal to ship faster and improve customer experience, according to a Monday (July 25) press release. Get the Full Story Complete the form to unlock this article and...

Retail
Gap Pivots From C-Suite Shake-up to ‘Shock Drops’ for Yeezy
July 25, 2022

In 1937, the “world’s greatest salesman,” Elmer Wheeler, shot to fame and fortune with a marketing book and quip “Don’t Sell the Steak — Sell the Sizzle.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Gorillas Taps Nielsen to Drive ‘Better Decisioned’ Rapid Grocery Delivery
July 25, 2022

At a time when the rapid grocery delivery market is contracting quickly and facing an existential crisis, on-demand grocery delivery startup Gorillas has signed a deal with NielsenIQ that brings together the startup’s speed and efficiency with the power of Big Data, according to a...

Retail
J.Crew Faces Post-Bankruptcy Style Balancing Act Between Past and Present
July 25, 2022

As the fashion industry continues to try to find its footing in a time when budget-conscious consumers are going out more amid the ebbing pandemic, J.Crew finds itself at a similar crossroads. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Why Retailers Should Worry About Inflation but Dread the Wealth Effect
July 25, 2022

A new survey of U.S. consumers, hot off the presses at PYMNTS, tells a lot about how they’re handling the current economic turmoil and when they think it will end. It’s important information for any business or policymaker trying to navigate through the next couple...

Retail
CPG Brands Lose Sales as EU Consumers Opt for Store-Brand Items
July 24, 2022

There’s likely to be a downturn in consumer-packaged goods (CPG) sales due to shoppers opting for cheaper store brands amid inflation and rising food costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...