An increase in social events and travel and the rise of more casual workplaces spelled good news this quarter for Oxford Industries, parent company of lifestyle brands Tommy Bahama and Lilly Pulitzer. Get the Full Story Complete the form to unlock this article and enjoy...
Sandwiched between aggressive, deep discount rivals like Dollar Tree, Dollar General and Ollie’s on one side, and increasingly cash-strapped consumers on the other, Philly-based Five Below says it is forging ahead with its “Triple-Double” growth plan that will triple its store count to 3,500 while...
Walmart has made its selections for its Open Call, its largest sourcing event, the company announced in a Wednesday (June 8) news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Today in retail, Uber Eats launches a nationwide food delivery offering, while Ollie’s Bargain Outlet expects to see a retail “trade-down” in the next three to six months. Plus, The RealReal is looking for a new leader after founder Julie Wainwright steps down, and Blue...
As retailers’ supply chain challenges continue with no end in sight, Minneapolis-based big box department store chain Target is turning its focus to grocery prioritize its strongest channels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Extreme value retailer Ollie’s Bargain Outlet said Wednesday (June 8) that an expected consumer trade-down to deep discount stores had not meaningfully materialized yet but predicted that would soon change due to the impact of record high gasoline prices and swelling inventories at “Big Box”...
Global clothing retailer Inditex, the parent company of Zara, saw “a significant rebound in traffic” to its stores worldwide in the first quarter of fiscal 2022 from Feb. 1 through April 30 while online sales dropped. However, the company says it’s still confident it will...
Seller and product vetting, increased automated brand protection tools, holding counterfeiters accountable for their misdeeds and educating and supporting customers are the core focus areas for Amazon when it comes to protecting its brand, its sellers and its customers. Get the Full Story Complete the...
As the self-titled “largest online marketplace for authenticated, resale luxury goods,” The RealReal (TRR) has spent a decade striving to become profitable as a niche company, catering to a niche clientele, within a niche retail category. Get the Full Story Complete the form to unlock...
