Retail

Retail
Costco Keeps Hot Dog Bargain, but Membership Fee Could Rise
June 29, 2022

The rumors are false and the bargain remains. Costco’s $1.50 hot dog, a food court steal that comes with a 20-ounce soda, is staying the same price, just as it has since 1985, according to multiple reports. Get the Full Story Complete the form to...

Retail
Walmart Adds Digital Eyeglass Fitting Company to Stable of AR Try-on Tools
June 29, 2022

After a three-year test drive in over 3,300 of its stores, Walmart said Wednesday (June 29) that it is acquiring California-based tech firm Memomi to bring its virtual optical try-on solution technology in-house. Get the Full Story Complete the form to unlock this article and...

Retail
Amazon Will Gather and Sell Physical Store Analytics Data to Brands
June 29, 2022

The world’s largest eCommerce player is looking to capitalize on its budding basket of physical stores by selling data to brands that details which products customers in its contactless locations touch, purchase, pass up and more. Get the Full Story Complete the form to unlock...

Retail
Shoppers Embrace H&M’s Full Prices, Driving Higher Sales
June 29, 2022

Fashion retailer H&M says it expects to raise prices in the coming year following a report that shows its shoppers don’t mind paying full price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Bed Bath & Beyond Ousts CEO After Sales Plummet
June 29, 2022

Bed Bath & Beyond has replaced its CEO, the retailer announced Wednesday (June 29) in the wake of another disappointing earnings report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Germany’s Rewe Grocery Chain Opens Autonomous Store in Berlin
June 28, 2022

Israel-based computer vision company Trigo, which works on frictionless retail checkout, has debuted a new hybrid autonomous grocery store alongside Rewe, a German supermarket group, the companies announced Tuesday (June 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Walgreens’ Transformation Will Include Boots … For Now
June 28, 2022

After a six-month review period that saw its own stock and the broader markets falling by more than 20%, Walgreens announced Tuesday (June 28) that it has decided to retain ownership of its U.K.-based Boots unit, as well as its No7 cosmetics brand. Get the Full...

Retail
US Retail Inventories Reach 7-Month Low
June 28, 2022

American retail inventories rose 17.3% between May 2021 and May 2022, the Census Bureau reported Tuesday (June 28). 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...

Retail
Nike Says Digital Transformation Strategy Working, but Shipping Times Still Elevated
June 28, 2022

In an industry filled with legendary toe-to-toe competition between rival teams and athletes, Nike finds itself similarly embroiled in a binary contest of its own. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...