Just five weeks after being thrown a figurative lifeline of financial and emotional support from billionaire activist investor Ryan Cohen, household furnishing retailer Bed Bath & Beyond has doused investors with disappointment and reversed its recent gains. Get the Full Story Complete the form to...
REI Co-op announced during its 2021 earnings report Tuesday (April 12) that it is expanding its Re/Supply trade-in program and used outdoor gear marketplace to all stores by the middle of the year after launching it in select stores last year. Get the Full Story...
(editor’s note: updates with response from Etsy) 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 daily newsletter, PYMNTS Today. By completing this form, you agree...
It’s Wednesday, April 13 and retail news is topping headlines as the buy now, pay later sector goes under the microscope of the Consumer Financial Protection Bureau. Card-not-present transactions are also being scrutinized for having oddly high decline rates, and cross-channel retail rules the shopping...
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Lululemon Athletica Inc., the Canadian athletic apparel retailer, has expanded its Like New trade-in and resale program, the company announced Tuesday, (April 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Sixty-two percent of consumers have purchased durable goods in the past 12 months, according to “The Lease-To-Own Secret,” a PYMNTS and Katapult collaboration based on a survey of 2,688 U.S. consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in retail, Albertsons digital sales growth slows, while CarMax fails to reach earnings estimates. Plus, Sephora’s chief technology officer looks forward to the “checkout of the future,” Franchise Group shows interest in buying Kohl’s, inflation hits 8.5%, and eCommerce merchants balance seamless payments and...
Franchise Group Inc., which owns and operates retail stores including The Vitamin Shoppe and Buddy’s Home Furnishings, has submitted a $9 billion indicative offer for department store retail chain Kohl’s, three people familiar with the situation told Reuters Tuesday (April 12). Get the Full Story...
